Indian equity markets delivered another robust performance midweek, clocking seven straight sessions of gains, with the Sensex closing above 80,000 for the first time since January 2025. Tech stocks took center stage, propelling the markets higher amid improved global cues, renewed optimism in the U.S.-China trade landscape, and a stellar outlook from HCL Technologies.
Key Highlights
Sensex closed at 80,116 (+520 pts | +0.65%) Nifty 50 settled at 24,328 (+161 pts | +0.67%) Nifty IT surged 4.34%, its biggest single-day jump in 9 months HCL Technologies spiked 7.71%, leading the rally after upbeat FY26 revenue guidance Bank Nifty ended its winning streak, down 0.5% after touching record highs on Tuesday
Winners & Laggards
Top Gainers (Nifty 50):
HCL Technologies Infosys TCS
Top Drags:
HDFC Bank Kotak Mahindra Bank SBI
Broader markets also displayed resilience:
Mid-cap Index: +1.18% Small-cap Index: +0.44% 14 out of 17 sectoral indices closed in the green
Market Pulse
Advancing stocks: 1,515 Declining stocks: 1,340 Unchanged: 75 Stocks at 52-week highs: 50 Stocks at 52-week lows: 7 Upper circuits: 124 Lower circuits: 41
The bullish breadth highlights continued investor confidence, supported by both institutional and retail participation.
Macro Check: Economic Indicators & Commodities
HSBC India Composite PMI: 60.0 (vs. 59.5 prior) Manufacturing PMI: 58.4 (vs. 58.1 prior) These numbers reflect sustained expansion in both services and manufacturing sectors.
Commodities Snapshot:
Gold: Down ₹1,388 Silver: Up ₹391 Crude Oil: Up ₹50
Global Economic Calendar (April 24–26, 2025)
Stay tuned for these market-moving indicators:
Thursday, April 24:
U.S. Durable Goods Orders U.S. Initial Jobless Claims
Friday, April 25:
Germany Ifo Business Climate Index Japan National CPI
Saturday, April 26:
China Industrial Profits (YTD)
In Summary
Markets remain in bull mode, powered by earnings optimism and macro tailwinds. While the broader trend stays positive, smart investors are advised to stay stock-specific and mindful of sectoral rotation.
Want deeper insights and technical outlook? [Watch our YouTube update for April 23, 2025] to decode the trends and understand where opportunities lie.
Stay informed. Stay invested.