Sensex and Nifty Closing Updates, 8 April, 2025: Sensex ends at 74,227.08, Nifty at 22,535.85

Indian markets witnessed a significant recovery on Tuesday, 8th April 2025, after a sharp sell-off in the previous session. Both the BSE Sensex and the Nifty 50 ended the day with substantial gains, bringing a sense of stability back to Dalal Street.

Closing Values

At the close of trading, the BSE Sensex surged by 1089.19 points (1.48%) to close at 74,227.08. Similarly, the Nifty 50 index closed at 22,535.85, marking an increase of 374.25 points (1.68%). This strong closing performance indicated a firm comeback for the Indian benchmark indices.

US Market Performance: Mixed Signals Overnight 

The performance of US stock indices overnight was mixed. The Nasdaq Composite edged slightly higher by 0.10%, closing at 15,603.26, while the Dow Jones Industrial Average declined by 0.91% to settle at 37,965.60. The S&P 500 also saw a decrease of 0.23%, ending at 5,062.25.

Institutional Investor Activity: DIIs as Net Buyers 

On Monday, the trading activity revealed that domestic institutional investors (DIIs) were net buyers to the tune of ₹12,122.45 crore. Conversely, foreign institutional investors (FIIs) were net sellers, offloading equities worth ₹9,040 crore. The total FII selling for April 2025 amounted to ₹22,770.50 crore.

RBI Monetary Policy Committee (MPC): Rate Cut Anticipation 

The market is closely watching the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), which is expected to announce its decision on key interest rates on Wednesday. The prevailing expectation is that the six-member MPC, headed by Governor Sanjay Malhotra, will likely cut interest rates by 25 basis points due to moderating inflation.

Top Movers on Sensex 30: Strong Gains Across Sectors 

Leading the gains on the Sensex 30 were companies like Titan, Larsen & Toubro (L&T), State Bank of India (SBI), and Bajaj Finance, all trading with significant positive momentum. Zomato was also among the top gainers. In contrast, PowerGrid was the only stock on the Sensex 30 that experienced a decline.

Nifty 50 Gainers

The Nifty 50 index was propelled by strong performances from several stocks. Jio Financial Services saw the largest gain of 5.61%, followed by Shriram Finance, surging by over 5%, Titan up by 3.38% and Infosys up by 2.24%. Zomato closed 2.35% in the green, whereas L&T also contributed significantly with gains of around 3%.

Sectoral Indices

The Nifty Media was the highest gainer with a change of 4.72%, while  Consumer Durables index showed robust growth, rising by 2.6% to reach 34,901.60. All the constituents of the Consumer Durable Index were trading in positive territory.

Broader Market Momentum: 

The broader market indices also displayed strong upward movement. The BSE Mid-Cap index climbed by 1.87% to 39,837.44, and the BSE SmallCap index surged by 2.18% to 44,932.42.

Market Breadth: Predominantly Positive Trading Session 

The overall market sentiment was overwhelmingly positive, with a large majority of stocks trading in the green. On the National Stock Exchange, 2,318 stocks advanced, while only 367 stocks declined out of a total of 2,747 traded.

Gold Prices and Global Economic 

Gold prices saw a slight increase, recovering from a near four-week low. This uptick was attributed to heightened concerns regarding a potential global trade war between the United States and its trading partners, leading to increased demand for safe-haven assets.

Current Market Update

• Sensex: The BSE Sensex surged by 858.47 points (1.16%) to trade at 73,992.47.
• Nifty: The NSE Nifty climbed above the critical 22,400 mark, gaining 298 points (1.25%) to trade at 22,439.

Top Gainers

1.Shriram Finance (SHRIRAMFIN)

• Opening Price: ₹623.70
  
  
• Closing Price (LTP): ₹639.05
  
  
• % Change: +4.08%

Shriram Finance led the rally with over 4% gain, possibly due to strong quarterly results or improved sentiment in the NBFC sector. Its diversified lending portfolio adds to investor confidence.

2. Titan Company (TITAN)

• Opening Price: ₹3,149.70
  
  
• Closing Price (LTP): ₹3,132.00
  
  
• % Change: +3.63%

Titan’s 3.63% jump reflects optimism ahead of festive seasons, with strong performance in its jewellery and watch segments driving growth.

3. Grasim Industries (GRASIM)

• Opening Price: ₹2,550.00
  
  
• Closing Price (LTP): ₹2,578.70
  
  
• % Change: +2.77%

Grasim gained 2.77% based on expectations surrounding its upcoming entry into the paints business, adding value to its well-established core sectors.

4. Jio Financial Services (JIOFIN)

• Opening Price: ₹217.00
  
  
• Closing Price (LTP): ₹218.99
  
  
• % Change: +2.56%

JioFin climbed 2.56%, riding on investor optimism over its growth in digital lending and upcoming product pipeline backed by the Reliance brand.

5. Bharat Electronics Limited (BEL)

• Opening Price: ₹278.00
  
  
• Closing Price (LTP): ₹279.00
  
  
• % Change: +2.56%

BEL saw a 2.56% rise on hopes of strong order inflows in the defense sector, given the government's focus on indigenous military tech.

6. Infosys (INFY)

• Opening Price: ₹1,431.00
  
  
• Closing Price (LTP): ₹1,429.50
  
  
• % Change: +2.34%

Infosys posted a 2.34% uptick, fueled by strong Q3 earnings, upgraded FY25 revenue growth guidance, reflecting improving macroeconomic and business fundamentals and positive analyst ratings.

7. State Bank of India (SBIN)

• Opening Price: ₹760.00
  
  
• Closing Price (LTP): ₹763.45
  
  
• % Change: +2.22%

SBI advanced 2.22%, backed by robust loan growth and improving asset quality, making it a favorite among PSU bank investors.

8. Bajaj Finance (BAJFINANCE)

• Opening Price: ₹8,800.00
  
  
• Closing Price (LTP): ₹8,785.65
  
  
• % Change: +2.19%

Bajaj Finance gained 2.19%, reflecting strong investor trust in its retail lending model and digital innovations.

9. Eicher Motors (EICHERMOT)

• Opening Price: ₹5,165.55
  
  
• Closing Price (LTP): ₹5,170.85
  
  
• % Change: +2.08%

Eicher Motors was up 2.08% driven by optimism about Royal Enfield’s domestic and international sales performance.

10. Bajaj Finserv (BAJAJFINSV)

• Opening Price: ₹1,890.00
  
  
• Closing Price (LTP): ₹1,890.85
  
  
• % Change: +2.06%

Bajaj Finserv added 2.06%, reflecting expectations of further business expansion in the insurance and wealth segments.
These gainers are riding on a mix of sectoral momentum, growth expectations, and strong fundamentals, making them stand out on a bullish trading day.

Top Losers

1.Mahindra & Mahindra (M&M)

• Opening Price: ₹2,510.00
  
  
• Closing Price (LTP): ₹2,470.45
  
  
• % Change: -0.83%

M&M slipped nearly 0.83%, possibly due to profit-booking after a recent rally or concerns over supply chain pressures impacting production and delivery timelines.

2. Power Grid Corporation (POWERGRID)

• Opening Price: ₹291.95
  
  
• Closing Price (LTP): ₹287.20
  
  
• % Change: -0.76%

PowerGrid fell 0.76%, potentially affected by volatility in the power and utilities sector or muted investor sentiment around public sector enterprises.

3. Hindalco Industries (HINDALCO)

• Opening Price: ₹575.00
  
  
• Closing Price (LTP): ₹559.80
  
  
• % Change: -0.36%

Hindalco lost 0.36%, possibly due to pressure on global metal prices or investor caution around demand in the aluminum and copper sectors.

4. Tata Steel (TATASTEEL)

• Opening Price: ₹134.89
  
  
• Closing Price (LTP): ₹129.11
  
  
• % Change: -0.29%

Tata Steel dipped 0.29% amid mixed signals from the global steel market, with rising input costs and soft demand potentially weighing on sentiment.

5. Maruti Suzuki (MARUTI)

• Opening Price: ₹11,530.00
  
  
• Closing Price (LTP): ₹11,299.30
  
  
• % Change: -0.27%

Maruti recorded a 0.27% decline, possibly reflecting subdued auto sales data or macroeconomic concerns like interest rates impacting consumer spending.

6. Nestlé India (NESTLEIND)

• Opening Price: ₹2,255.00
  
  
• Closing Price (LTP): ₹2,243.70
  
  
• % Change: -0.24%

Nestlé India eased 0.24%, likely on valuation concerns or a flat FMCG outlook in the short term despite strong fundamentals.

7. Trent Ltd. (TRENT)

• Opening Price: ₹4,903.00
  
  
• Closing Price (LTP): ₹4,731.45
  
  
• % Change: -0.20%

Trent slid 0.20%, likely due to cautious investors’ stance on retail stocks amid expectations of weaker discretionary spending.

8. Tata Consumer Products (TATACONSUM)

• Opening Price: ₹1,056.00
  
  
• Closing Price (LTP): ₹1,045.55
  
  
• % Change: -0.17%

Tata Consumer dipped 0.17%, possibly due to market-wide consolidation or a technical correction after recent gains.
These stocks showed minor corrections, possibly reflecting sectoral consolidation, profit-booking, or cautious investor behavior in a mixed trading session.

Market Open

Indian benchmark indices began Tuesday's trading session on a positive note, following encouraging signals from other Asian markets that were displaying stability. At the opening bell, the BSE Sensex jumped 1,192.55 points or 1.63% to 74,330.45, and the Nifty50 rose 285.15 points or 1.29% to 22,446.75.

Apart from global trends, the market players are closely following the Reserve Bank of India's Monetary Policy Committee meeting tomorrow, Indian corporate Q4 earnings, as well as important macroeconomic numbers due later this week.

Factors Influencing Market Sentiment

• US Markets: US equity markets steered clear of a steeper sell-off on Monday. The Nasdaq, driven by technology stocks, posted a slight 0.10% increase, closing at 15,603.26. Meanwhile, the Dow Jones Industrial Average fell 349.26 points, or 0.91%, to close at 37,965.60. The S&P 500 fell 0.23%, closing the day at 5,062.25.
• FII and DII Activity: Domestic institutional investors (DIIs) bought on Monday, purchasing shares to the tune of ₹12,122.45 crore. Foreign institutional investors (FIIs), on the other hand, sold shares worth ₹9,040 crore in the session, pushing their April 2025 selling to ₹22,770.50 crore.
• RBI MPC Outlook: The Reserve Bank of India is expected to cut key interest rates by 25 basis points as there are signs that inflation is easing. The move by the six-member Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, is expected to come out on Wednesday.

Global Backdrop:

• US Dollar: The US Dollar Index or DXY, measuring the performance of the greenback against a selective basket of major currencies, shed 0.22% to 103.03 at the morning trade. The basket features prominent currencies such as British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, and a few more. The Indian rupee weakened 0.70% closing on April 07 at 85.84 to the dollar.

• Gold Rate Today: Gold is losing some of its shine, as the price of 10 grams of 24-carat gold fell by 2.5% to Rs 87,100. Gold prices have risen by 1.1% in the last month despite this fall. The current price for 10 grams of 22 kt gold is Rs 79,842, and the 18-carat version is available at Rs 65,325.

• Crude Oil: There was a rise in crude oil prices on Tuesday morning. West Texas Intermediate (WTI) crude rose by 1.24% to $61.43, while Brent crude rose by 1.02% to $64.86.

Stocks in Focus:

• Titan Company: Posted 25% YoY standalone Q4 FY25 growth led by 24% increase in jewellery and 20% rise in watches & wearables; onboarded 72 new stores, now total stands at 3,312.
• BEL: Won ₹2,210 crore MoD contract for Mi-17 V5 helicopters' EW systems; FY25 book order value is now ₹2,803 crore.
• Mahindra & Mahindra: Established new wholly owned subsidiary Mahindra Advanced Technologies in Mumbai, dedicated to future technology; also released March 2025 production, sales, and exports figures.
• Tata Motors: JLR posted flat FY25 wholesale volumes on account of poor China performance; BSE requests clarification regarding potential US export suspension in the wake of tariff rumors.
• Adani Ports and Special Economic Zones (APSEZ): Commissioned Colombo West International Terminal in Sri Lanka under a 35-year BOT PPP with local partners.
• Titagarh Rail Systems: Appointed Umesh Chowdhary as VC, MD & CEO for a further five years from Oct 1, 2025; appointed Vijay Subramanian as Chief Transformation Officer from April 7.
• KPI Green Energy: Cancelled 66.2 MW hybrid CPP order from Sai Bandhan Infinium on account of technical amendments; no significant financial effect.
• Coffee Day Enterprises: Defaulted ₹425.38 crore on loan & interest payments as of March 31, 2025, on account of liquidity crisis.
• Havells India: Launched new luxury cooling products under the Lloyd brand targeting the premium segment.
• OMCs & Gas Distributors: IOC, BPCL, HPCL, Gujarat Gas, Petronet LNG, and Adani Total Gas in focus after government raised excise duties and fuel prices.
• Vodafone Idea (Vi): Rolled out 5G services in Kolkata with first-rollout during IPL matches at Eden Gardens.
• CESC: Board approved ₹250 crore fundraise through NCDs.
• Lemon Tree Hotels: Entered into license agreement for new hotel property in Darjeeling.
• IL&FS Engineering: Defaulted on loan repayments of ₹2,628.15 crore.

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