Market Performance: Indices Soar with Strong Momentum
In a significant market rebound, Indian stock indices posted sharp gains on April 23, 2025.
The BSE Sensex surged by 520.90 points, closing at 80,116.49, marking a 0.65% jump.
Meanwhile, the NSE Nifty also soared, gaining 161.70 points to settle at 24,328.95, an increase of 0.67%.
This marks the seventh consecutive day of positive market movement, indicating strong investor sentiment.
Main News: Sensex Hits 80K for First Time Since December 2024
The Sensex crossing the 80,000-point milestone is a notable achievement for the Indian stock market.
This is the first time it has breached this level in nearly 17 weeks—the last time being on December 18, 2024, when it stood at 80,182.20.
The bullish momentum comes after reports that US President Donald Trump is considering a reduction in tariffs on imports from China, boosting global investor confidence.
Company Details: Broad Market Participation
While the article does not specify individual company performances, the gains suggest broad-based buying across sectors.
Heavyweight stocks in banking, IT, and automobile sectors likely supported the rally, consistent with past trends during such upswings.
Summary of the Article
- Sensex closed at 80,116.49, up by 520.90 points (0.65%)
- Nifty ended at 24,328.95, gaining 161.70 points (0.67%)
- Sensex surpassed the 80,000 mark for the first time in 17 weeks
- Positive momentum driven by global cues, particularly easing US-China trade tensions
- Markets have now seen gains for seven straight sessions
Stay updated with all the insights.
Navigate news, 1 email day.
Subscribe to Qrius
