
Market Snapshot
- Benchmark indices Sensex and Nifty surged over 2% on Tuesday, driven by strong global cues and temporary US tariff relief on electronics.
- The rally was led by banking, auto, and IT stocks, as markets reopened after Monday’s holiday on a positive note.
- US markets closed higher on Monday, with the Dow rising 0.78%, S&P 500 up 0.79%, and Nasdaq gaining 0.64%, buoyed by tech gains following the tariff delay.
- Asian markets traded mostly positive, with gains in South Korea, Japan, and Hong Kong, while Shanghai slipped marginally.
- The rupee appreciated by 39 paise to 85.71/USD, supported by strong equities, a weaker dollar index, and easing crude prices.
Sectoral Trends
Sector Name | % Change | Sector Name | % Change |
NIFTY REALTY | 5.6 | NIFTY PRIVATE BANK | 2.8 |
NIFTY AUTO | 3.4 | NIFTY PHARMA | 2.2 |
NIFTY METAL | 3.2 | NIFTY CONSUMER DURABLES | 2.0 |
NIFTY MEDIA | 3.0 | NIFTY HEALTHCARE INDEX | 1.9 |
Top News
- Real estate stocks surged on April 15, with the Nifty Realty index jumping nearly 6%, led by strong gains in Anant Raj, Macrotech Developers, DLF, and Prestige Estates, amid positive sentiment from the Lodha brand settlement and broad market momentum.
- Indian Hotels Company Ltd (IHCL) rose 6% after announcing the addition of 100 new locations in FY25, bringing its total hotel count to 380 and solidifying its leadership with 74 new signings during the year.
- Shares of IREDA and ICICI Lombard jumped nearly 5% each ahead of their Q4FY25 results, while ICICI Prudential Life also gained, as investors await earnings updates to gauge exposure to global trade headwinds and raw material cost pressures.
Top Gainers and Losers
Top Gainers | % Change | Top Losers | % Change |
INDUSINDBK | 6.7 | ITC | -0.3 |
SHRIRAMFIN | 5.2 | ||
TATAMOTORS | 4.6 |
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