Post-Market Wrap | April 17, 2025

Indian equities ended the week in celebratory mood, with strong broad-based gains powered by financials and heavyweights. The Nifty 50 soared 414 points (1.77%) to settle at 23,851, its highest closing in three months and marking a 4.48% weekly gain — the biggest since February 2021. The Sensex rallied 1.96%, adding 1,509 points to close at 78,553.

Banking and Financials Lead the Charge

Financial stocks took center stage with Nifty Bank climbing 2.21% to 54,290. ICICI Bank, up 3.7%, was the biggest contributor to Nifty’s gains, adding nearly 79 points. Reliance Industries and HDFC Bank also supported the rally. The Nifty Financial Services Index hit a fresh all-time high at 26,071, reflecting strong institutional participation.

Market Internals

Cash market turnover: ₹1.02 lakh crore Derivatives turnover: ₹2.82 lakh crore Nifty 50 volumes: 50.5 crore shares (above 20-day average) Advance-decline ratio: 1,847/1,047 (Positive breadth) 52-week highs: 63 stocks Upper circuits: 116 stocks

Broader Market Mood

Mid and small cap indices advanced modestly by ~0.5%, extending the optimism beyond the frontline indices. The underlying sentiment remains firmly bullish as investors bet on domestic macro resilience and foreign inflows.

Sector Snapshot

Top Performers: Banks, Financials, Energy Underperformers: IT (due to Wipro’s weak Q4), though it ended slightly higher Wipro fell 4.34% on weak Q4 numbers and muted guidance Nifty IT closed up only 0.23%

Volume Buzz: Stocks in Spotlight

Roto Pumps: Volume up 25.6x, stock up 7.78% to ₹234.40 India Cements: Volume up 22.4x, stock up 2.21% to ₹288.75 Archidply Decor: Volume up 36.3x, rallied 12.20% to ₹117.28

Corporate Highlights

Infosys Q4 Results (First Cut):

Revenue: ₹40,925 crore (missed expectations) EBIT: ₹8,575 crore (vs est. ₹8,700 crore) EBIT margin: 21% (beat est. 20.6%) Net Profit: ₹7,033 crore (above estimates) FY26 Revenue Guidance: 0–3% (below market expectations)

Other corporate buzz:

Hope builds on a potential India–US trade deal Normal monsoon forecast, macro stability, and return of FPIs supported market optimism Wipro’s Q4 disappointment limited tech index gains

Global Economic Calendar – Key Events to Watch

Apr 18: China GDP & Industrial Output Apr 19: US Jobless Claims Apr 22: Eurozone Consumer Confidence Apr 23: Japan Trade Balance Apr 24: UK Inflation, US PMI

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Markets are dancing to the tune of optimism—on macros, monsoons, and money. Stay tuned, stay informed.