Stock Market Close Highlights: Sensex rallies 1310 pts, Nifty at 22,828, Smallcap outperforms

Sensex Today | Stock Market Close Highlights: In the broader markets, the BSE Midcap and Smallcap jumped 1.84 per cent and 3.04 per cent respectively

3:51 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: An unexpected pause on reciprocal tariffs by the US provided relief in the midst of the uncertainty. Though the IT major’s result missed the street estimates, it opines optimism in the latter half of FY26 owing to growth in the order book. Any development in the bilateral trade negotiations can alter the near-term outlook on the export-driven sectors. The supportive domestic environment with an ease in interest rates and a benign inflation trajectory is encouraging investors to have a balanced portfolio to aid in a better risk-reward in the long term.

View by Vinod Nair, head of research, Geojit Investments Limited.

3:48 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty faced resistance around the 21-EMA on the daily timeframe, leading to a close off the day’s high. The trend appears bearish unless it decisively moves above 23,000, where significant open interest has been added. On the downside, support is placed at 22,750; a break below this level could intensify the bearish sentiment. Conversely, a decisive move above 23,000 may trigger a rally towards 23,500, as suggested by the positive divergence in the RSI.

View by Rupak De, senior technical analyst, LKP Securities.

3:38 PM

Stock Market LIVE Updates: Gainers & losers at close

Stock Market LIVE Updates: Tata Steel, Power Grid, NTPC were among the top gainers on Sensex at close. 

3:37 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: At close, broder market indices edged higher with BSE Midcap up 1.84 per cent and Smallcap up 3.04 per cent. 

3:35 PM

Stock Market LIVE Updates: Sensex closes at 75,157.26, up 1310 pts

Stock Market LIVE Updates: BSE Sensex closed at 75,157.26, up 1,310.11 points or 1.77 per cent.

3:33 PM

Stock Market LIVE Updates: Nifty50 closes at 22,842.85, up 444 pts

Stock Market LIVE Updates: NSE Nifty50 settled at 22,842.85, up 443.70 points or 1.98 per cent. 

 

3:30 PM

Stock Market LIVE Updates: Here is why JSW Energy shares were buzzing in trade on April 11

Stock Market LIVE Updates :Shares of power generation company, JSW Energy climbed 3.87 per cent to ₹501 apiece on the NSE, during the intra-day trade on Friday, April 11. The northward move in the company’s share price came on the back of the news that its, JSW Neo Energy, a wholly owned subsidiary, has completed its largest acquisition to date with the ₹12,468 crore purchase of a 4.7 gigawatt (GW) renewable energy platform from O2 Power, a platform jointly established by global investment organisations EQT & Temasek in 2020. Read more    

3:18 PM

Stock Market LIVE Updates: SRF jumps 6% after commissioning ₹239 crore agrochemical facility in Dahej

Stock Market LIVE Updates: Shares of chemical major SRF surged nearly 7 per cent to hit an intraday high of ₹2,399.5 on Friday after the company announced the commissioning of a new facility to produce agrochemical intermediate at Dahej, Gujarat. 

 

The entire project was capitalised at an aggregate cost of ₹239 crore. The project was approved by the board of directors in October 2023 with an estimated quote of ₹235 crore. The first phase of the project was commissioned and capitalised on July 31, 2024, at an aggregate cost of ₹190 crore, the company informed exchanges. Read more

2:55 PM

Stock Market LIVE Updates: Metal index jumps over 4 per cent; Hindalco, JSW, Lloyds,Tata Steel rally up to 7%

Stock Market LIVE Updates: Metal stocks gained significant attention on Friday as the Nifty Metal index surged over 4 per cent during intraday trade on the National Stock Exchange (NSE). This rally came in response to the US government’s decision to suspend the 26 per cent reciprocal tariffs for India until July 9, 2025, while maintaining a base tariff of 10 per cent. In contrast, tariffs on Chinese goods were raised to an imposing 145 per cent.

 

Notable performers included Lloyds Metals and Energy, Tata Steel, Hindalco Industries, JSW Steel, Jindal Stainless, Steel Authority of India (SAIL), Vedanta, and Jindal Steel and Power, all of which posted gains ranging between 4 per cent and 7 per cent during the session. READ MORE

 

2:48 PM

Stock Market LIVE Updates: Biocon subsidiary gets USFDA nod for Everolimus tablets; share zooms 6%

Stock Market LIVE Updates: Shares of Bengaluru-based biopharmaceutical company Biocon rallied on Friday, April 11, 2025, climbing 5.58 per cent to reach an intraday high of ₹322.25 per share. The stock gained momentum following the announcement that its wholly-owned subsidiary, Biocon Pharma, had secured approval from the US Food and Drug Administration (USFDA) for Everolimus tablets.

 

In an exchange filing, Biocon revealed that Biocon Pharma Limited received approval for its Abbreviated New Drug Application (ANDA) for Everolimus tablets in strengths of 0.25 mg, 0.5 mg, 0.75 mg, and 1 mg. The news has sparked optimism among investors, contributing to the stock's rise. READ MORE

2:45 PM

Stock Market LIVE Updates: Number of total investor accounts on NSE crosses 22 crore

2:41 PM

Stock Market LIVE Updates: Inflows into equity MFs at 11-month low in March, Thematic flows plunge 97%

Stock Market LIVE Updates: Net inflows into equity mutual funds dropped by 14 per cent month-on-month to ₹25,082 crore in March 2025, as per data from the Association of Mutual Funds in India (AMFI) released on April 11. This follows a steeper 26 per cent decline in February, resulting in a cumulative drop of nearly 37 per cent over two months. The decline is attributed to market corrections, global uncertainties, and reduced momentum in sectoral themes.

 

Notably, March 2025 recorded net inflows at an 11-month low of ₹25,082 crore, marking the third consecutive month of declining inflows. READ MORE

 

2:38 PM

Stock Market LIVE Updates: Jana Small Finance jumps 5% as Nuvama initiates coverage, 35% upside seen

Stock Market LIVE Updates: Shares of Jana Small Finance Bank jumped nearly 5 per cent on Friday, reaching an intraday high of ₹464. This rise followed Nuvama Institutional Equities initiating coverage on the stock with a ‘Buy’ rating and setting a target price of ₹600, indicating a potential upside of 35 per cent from its previous closing price of ₹442.45.

 

Analysts at Nuvama highlighted the bank’s ability to achieve sustainable profitability through key strategies such as enhancing deposit mobilization, shifting its loan portfolio toward secured lending, leveraging improved operating efficiency, and benefiting from normalized credit costs amid stronger asset quality. READ MORE

 

2:25 PM

Stock Market LIVE Updates: China's 125% tariff counter to Trump's 145% levy, vows to 'fight till end'

Stock Market LIVE Updates: China has retaliated against the US in the escalating trade war by increasing tariffs on American goods from 84 per cent to a hefty 125 per cent. This response follows US President Donald Trump’s decision to levy a 145 per cent tariff on certain Chinese goods, further intensifying trade tensions between the two economic powerhouses.

 

In a statement on Friday, China’s finance ministry warned, "If the US insists on continuing to infringe upon China's interests in a substantive way, China will resolutely take countermeasures and fight to the end," as reported by Reuters. It added that China would disregard any additional tariffs the US imposes on Chinese exports. The move underscores the growing strain in bilateral trade relations. READ MORE

 

2:21 PM

Stock Market LIVE Updates: These 4 stocks from BSE Smallcap index locked in 10 per cent to 20% upper circuit

Stock Market LIVE Updates: Shares of Goldiam International, Pokarna, Garware Hi-Tech Films, and Pearl Global Industries from the BSE Smallcap index surged up to 20 per cent during Friday’s trading session, hitting their upper circuit limits. This remarkable rally comes amid a sharp recovery in equity markets, following a prolonged period of losses where these stocks had plunged as much as 55 per cent from their respective 52-week highs as of Wednesday.

Both the BSE Sensex and Smallcap index showed significant strength, climbing by nearly 3 per cent after the announcement of a 90-day pause on US tariffs for most countries. However, China remains subjected to a hefty 145 per cent tariff rate.

Goldiam International stood out, skyrocketing 20 per cent to ₹327 on heavy trading volumes. By 11:03 AM, approximately 6.4 million equity shares—equivalent to 6 per cent of the company’s total equity—had been exchanged across the NSE and BSE. This surge reflects renewed investor confidence following the improvement in market sentiment. READ MORE