SOURCE : NEW18 NEWS
Last Updated:April 23, 2025, 15:44 IST
Sensex Today: Markets in India opened on a strong note on Wednesday, amid strength in global markets
Sensex Today.
Sensex Today: Benchmark equity indices — the BSE Sensex and NSE Nifty — extended their winning streak to a seventh straight trading session on Wednesday, powered by strong gains in information technology (IT) stocks, even as banking shares saw some profit-taking.
Tracking positive global cues, the BSE Sensex opened with a sharp gap-up of 548 points at 80,142 and surged further to touch an intraday high of 80,255. However, the index later trimmed gains and briefly slipped into the red, hitting a low of 79,507, mainly due to selling pressure in banking counters. Eventually, the Sensex ended the day with a gain of 521 points, closing at 80,116 — its highest close in calendar year 2025. Over the past seven sessions, the benchmark has jumped 6,269 points or 8.5 per cent.
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The NSE Nifty 50 also opened on a strong note, touching an intraday high of 24,359 before dipping to a low of 24,120. The index closed 162 points higher at 24,329, taking its seven-session gain to 1,930 points or 8.6 per cent.
Among the top gainers in the Sensex pack, HCL Technologies rallied nearly 8 per cent, marking its best single-day performance since September 2019. The surge came after the company reported a better-than-expected Q4FY25 performance, with an 8.1 per cent rise in net profit and 6.1 per cent growth in revenue. Tech Mahindra and Infosys also advanced 5 per cent and 4 per cent, respectively, while TCS rose 2.5 per cent.
Other notable gainers included Tata Motors, Mahindra & Mahindra, Sun Pharma, Tata Steel, Maruti Suzuki, Nestle India, and Larsen & Toubro.
On the flip side, profit booking weighed on the banking sector. Kotak Mahindra Bank, HDFC Bank, State Bank of India, and Axis Bank declined between 1 per cent and 2 per cent.
In the broader markets, the BSE MidCap index climbed 1 per cent, while the SmallCap index gained 0.2 per cent. Overall market breadth remained slightly positive, with 2,050 stocks advancing versus 1,900 declining on the BSE.
Sectorally, the Nifty IT index emerged as the top performer, soaring 4.3 per cent. The Auto index jumped 2.5 per cent, while the Pharma and Realty indices added 1.4 per cent each. However, Consumer Durables and Financial Services indices ended the day in the red.
Global Cues
Consequently, Wall Street indices climbed overnight, with the Dow Jones Industrial Average gaining 2.66 per cent to close at 39,186.98, the S&P 500 rising 2.51 per cent to settle at 5,287.76, and the Nasdaq Composite climbing 2.71 per cent to end at 16,300.42. Meanwhile, futures tied to Dow Jones was higher by 1.21 per cent, S&P 500 futures gained 1.56 per cent, and Nasdaq 100 futures added 1.75 per cent.
Markets in the Asia-Pacific region were also higher, with Japan’s Nikkei 225 adding 1.89 per cent, South Korea’s Kospi gaining 0.98 per cent, and Australia’s S&P/ASX 200 climbing 1.67 per cent.
