Stock market rallies; Sensex rises over 1,300 points, Nifty up nearly 370

The stock market rallied during the trading session on Thursday, April 27, 2025, led by banking and financial services stocks.

Published on: Apr 17, 2025, 14:25:26 IST

By HT News Desk

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The Indian stock market rallied during the trading session on Thursday, April 27, led by banking and financial services stocks.

At 1:40pm, the benchmark BSE Sensex was up by 1,315.59 points or 1.71%, reaching 78,359.88. The broader NSE Nifty was up 369.10 points or 1.57% in the green, reaching 23,806.30.

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Which stocks rose the most?

Among the 30 Sensex stocks, Eternal rose the most by 5.09%, trading at ₹233.35. This was followed by ICICI Bank, which rose 3.46%, trading at ₹1403.65, SBI, which rose 3.21%, trading at ₹796.55, Bharti Airtel, which was up by 3.12%, reaching ₹1,879.90, and Kotak Mahindra Bank which was up 3.11%, reaching ₹2,189.

Only three of the Sensex stocks were in the red. These were Tech Mahindra, which fell the most by 0.83%, trading at ₹1,298.15, followed by HCL Technologies, which fell 0.58%, trading at ₹1,423.90, and Larsen & Toubro, which was down 0.22%, trading at ₹3,221.

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How did individual sectors perform?

Among the Nifty sectoral indices, Nifty Private Bank rose the most, reaching 27,178.20, followed by Nifty Financial Services 25/50, which was up by 1.78%, reaching ₹27,740.05, Nifty PSU Bank which was up 1.62%, reaching ₹6,521.15, Nifty Oil & Gas, which was up 1.08%, reaching ₹10,676.15, and Nifty Auto, which was up 0.94%, hitting ₹21,353.80.

Meanwhile, the Nifty IT Index was down the most by 0.41%, reaching 33,158.55, followed by Nifty Media, which fell 0.04%, reaching 1,576.95.

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How did the market open today?

The benchmark equity indices fell into red after opening with IT, telecom, and metal stocks going down the most.

The benchmark BSE Sensex dropped by 186.94 points or 0.24%, reaching 76,857.35, while the broader NSE Nifty was down by 61.85 points or 0.26% to 23,375.35.

This comes as global investor sentiment got dented after US Federal Reserve chair Jerome Powell said on Wednesday that the central bank would wait for more clarity on the economic outlook before changing its interest rates.

Among the 30 Sensex stocks, Tata Steel fell the most by 1.17 per cent, reaching ₹135.35, followed by TCS which was down by 1 per cent, reaching ₹3,240, and Eternal, which was down by 0.81 per cent, reaching ₹220.25.

Eternal had also opened the third-lowest in the previous session by 1.30 per cent, reaching ₹219.40.

18 of the Sensex stocks were in the red.

Among the Nifty sectoral indices, the IT Index fell the most by 2.10 per cent, reaching 32,595.45. This was followed by Nifty Midsmall IT & Telecom, which was down 1.20 per cent, reaching 8,577.85, and Nifty Metal, which was down 0.62 per cent, reaching 8,402.45.

The IT index had fallen the most on the previous open as well by 0.94 per cent, reaching 32,963.30, and the Midsmall IT & Telecom Index fell the third most that time by 0.50 per cent, reaching 8,637.45.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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