SOURCE : NEW18 NEWS
Last Updated:April 28, 2025, 15:46 IST
Indian benchmark equity indices BSE Sensex and Nifty50 were trading in the green on Monday
Sensex Today.
Sensex Today: Equity benchmark indices staged a strong recovery on Monday, snapping a two-day losing streak, led by a powerful rally in Reliance Industries and select heavyweight banking stocks.
The BSE Sensex opened with a positive bias, rising over 120 points to begin the session at 79,344. Buoyed by positive sentiment, the index extended gains through the day, eventually hitting a fresh calendar-year high of 80,322. It ended the session up 1,006 points, or 1.27%, at 80,218.
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Similarly, the NSE Nifty 50 traded in a range between 24,054 and 24,355 before closing 289 points, or 1.2%, higher at 24,329.
The standout performer of the day was Reliance Industries, which soared over 5% to Rs 1,367, following stronger-than-expected Q4 earnings reported after market hours on Friday. The stock alone contributed 400 points to the Sensex’s gains, and added approximately Rs 1 trillion in market capitalisation, significantly boosting investor wealth.
Banking stocks also supported the rally. ICICI Bank, HDFC Bank, Axis Bank, and SBI together contributed up to 340 points to the Sensex. Combined with Reliance, these top five movers accounted for nearly 75% of the day’s total gains on the benchmark index.
Other notable gainers included Sun Pharma, Mahindra & Mahindra, Tata Steel, SBI, Axis Bank, Tata Motors, and Larsen & Toubro, which ended 2–3% higher. On the losing side, HCL Technologies slipped almost 2%, while UltraTech Cement, Hindustan Unilever, and Eicher Motors were among the few other laggards within the Sensex 30.
In the broader markets, momentum remained strong. The BSE MidCap index rose 1.4%, while the SmallCap index gained 0.4%. A total of 75 stocks hit fresh 52-week highs, while 50 stocks touched new 52-week lows on the BSE.
Among sectoral indices, BSE Oil & Gas led the charge with a nearly 3% gain, driven largely by Reliance. Other sectors including Bankex, Capital Goods, Auto, Metal, and Healthcare also registered strong performances, each ending over 1.5% higher.
Global Cues
Wall Street ended the previous week on a positive note. The S&P 500 rose 0.74% to close at 5,525.21, while the Nasdaq Composite gained 1.26% to finish at 17,282.94. The Dow Jones Industrial Average edged up 0.05% to 40,113.50. However, US futures pointed lower, with Dow, S&P 500, and Nasdaq 100 futures down between 0.38% and 0.64%.
In Asia, markets opened mostly higher amid expectations of further stimulus measures from China to counteract trade tensions with the US Japan’s Nikkei 225 rose 0.67%, South Korea’s Kospi was up 0.25%, and Australia’s ASX 200 gained 0.77%. However, Hong Kong’s Hang Seng slipped 0.55%, and China’s CSI 300 was down 0.26%.
