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Market Recap 17-04-2025

Sebencapital

Published
17/04/25
Market Recap 11-04-2025



Indian Indices

I) Nifty: opened at 23401 and touched a high of 23872, then a low of 23298 and closed at 23851 with a total of +414 points in Positive.

II) Bank Nifty: opened at 53153 and touched a high of 54407, then a low of 53084, and closed at 54290 with a total of +1172 points in Positive.

III) CNX Finance: opened at 25509 and touched a high of 26116, then a low of 25470, and closed at 26071, with a total of +579 points in Positive.

IV) Nifty Mid Select: open 11540 and touched a high of 11677, then a low of 11488 and closed at 11668, with a total of +101 points in Positive.


NSE Advance and Decline


Nifty 500 Top Gainer Market

1. Fert and Chem:- Fertilisers & Chemicals Travancore Ltd notched up volume of 101.24 lakh shares by 14:14 IST on NSE, a 25.79 fold spurt over two-week average daily volume of 3.93 lakh shares

2. Delhivery:- Delhivery jumped nearly ₹13 on April 17 to close at ₹276, driven by bullish sentiment in logistics and optimism around e-commerce delivery growth.

3. Equitas Bank:- EQUITAS SMALL FINANCE BANK Gains 7%; BSE BANKEX Index Up 2.6%


Nifty 500 Top Losser Market

1. Sonata:- Shares of Sonata Software Ltd. fell as much as 12% in early trading on Thursday, April 17, after the company issued a warning about revenues from its international business during the quarter that ended on March 31, 2025.

2. Wipro:- Out of the 45 analysts that have coverage on Wipro, 11 still have a 'Buy' rating on the stock, 15 say 'hold', while 19 have a 'sell' rating.


Sectoral Performance


Outperforming stocks vs. Nifty 500 over 1 week


Underperforming Stock vs Nifty 500 over 1 week


Stock With Rising Volume


Headlines

🇮🇳 Indian Markets Surge Amid Financial Sector Rally


🌐 Global Market Developments

  • U.S. Stocks Rebound: U.S. stock futures bounced back, buoyed by progress in U.S.-Japan trade talks and positive earnings from Taiwan Semiconductor Manufacturing Co. (TSMC). ​Reuters+1The Economic Times+1
  • Trade War Concerns Persist: Despite the rebound, markets remain volatile due to ongoing trade tensions, with the S&P 500 on track for a weekly loss of about 1.6%. ​Reuters+1Wikipedia, la enciclopedia libre+1
  • Technical Analyst Cautions: Veteran analyst David Keller warns of potential further downside in U.S. stocks, citing weakening momentum and declining market breadth. ​Business Insider

📊 Market Indicators

  • Advance-Decline Ratio Positive: In India, 2,340 stocks advanced, 1,468 declined, and 149 remained unchanged, indicating a broad-based market rally. ​Business News Today
  • Bond Yields Drop: The 10-year Indian government bond yield fell to its lowest level since December 16, 2021, reflecting investor optimism. ​

Looking Ahead

Benchmark indices Nifty and Sensex extended their fantastic run for a fourth straight session on April 17, buoyed by strong gains in bank and oil & gas stocks that lifted market sentiment. The surge added a massive Rs 4.96 lakh crore to the overall market capitalisation.

The Bank Nifty emerged as the top-performing sectoral index, climbing over 2 per cent, driven by gains in heavyweight stocks such as HDFC Bank and ICICI Bank. These gains came ahead of the banks' Q4 earnings, scheduled for release on April 19.

At close, the Sensex was up 1,508.91 points or 1.96 per cent at 78,553.20, and the Nifty was up 414.45 points or 1.77 per cent at 23,851.65. About 2340 shares advanced, 1468 shares declined, and 149 sharesremained unchanged.


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Written by Sauravsingh

Techpreneur and adept trader, Sauravsingh Tomar seamlessly blends the worlds of technology and finance. With rich experience in Forex and Stock markets, he's not only a trading maven but also a pioneer in innovative digital solutions. Beyond charts and code, Sauravsingh is a passionate mentor, guiding many towards financial and technological success. In his downtime, he's often found exploring new places or immersed in a compelling read.

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