Market Performance
On April 21, 2025, Indian stock markets saw a significant upswing. The BSE Sensex climbed by 855 points, closing above the 79,000 level, while the NSE Nifty ended the day above 24,100. The upward momentum was supported by strong buying in large-cap stocks, particularly in the banking and information technology sectors.
Main News
Major contributors to the market’s rise included key financial and tech stocks. Notable gainers on the Sensex were Tech Mahindra, Axis Bank, HDFC Bank, Infosys, State Bank of India, and IndusInd Bank. Meanwhile, companies such as Adani Ports, ITC, Bharti Airtel, Titan, Hindustan Unilever, and Sun Pharma registered declines.
Company Details
ICICI Bank Share Price
Net Profits: Reported an 18% year-on-year increase in net profit for the fourth quarter.
The stock rose by 2% following the earnings report.
Yes Bank Share Price
Net Profits: Showed a 63% year-on-year rise in profit after tax.
Shares of the bank increased by 5%.
Infosys Share Price
Net Profits: Declined by 12% year-on-year in the fourth quarter.
Despite the fall in profit, the company’s shares rose by 3%.
Tata Elxsi Share Price
The company’s shares gained nearly 5% after its fourth-quarter results were announced.
Just Dial Share Price
Net Profits: Increased by 36% year-on-year, reaching ₹158 crore in the fourth quarter.
The stock surged by 9% post-results.
Global Markets Watch
In international markets, the S&P 500 futures declined by 0.9% as of 12:33 PM Tokyo time. Japan’s Topix index dropped 1.4%, while China’s Shanghai Composite index posted a modest gain of 0.3%.
Summary
Indian equity benchmarks recorded solid gains, driven by positive financial results from major firms in the banking and IT sectors. While several blue-chip stocks supported the market’s upward trajectory, a few large-cap names showed a downward trend. Globally, market performances varied, with some indices declining and others managing modest increases.
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