🚀 Market Breaks Records! Nifty Nears 24K in Blockbuster Week

📰Daily Market Wrap-Up by Stock Whisperers-April 17

Author

thestock whisperers
April 17, 2025

17-April-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex rose 1,508.91 points (+1.96%) to close at 78,553.20 in a strong session.

  • The Nifty gained 414.45 points (+1.77%) to 23,851.65, holding above 23,850.

  • Midcap and Smallcap indices added 0.5% each, reflecting steady, broad-based gains.

  • All sectoral indices ended in the green.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Bought ₹4,667.94 crore

  • Domestic Institutional Investors (DII): Sold ₹2,006.15 crore

Robust FII inflows drove the rally, despite DII profit-taking.

📊📑 Important Observations and Market Sentiments: Editor Special

  • A strong rally in large-cap stocks, led by financials, was fueled by expectations of improved margins from savings deposit rate changes. FII flow reversals added momentum, though sustainability is uncertain.

  • Optimism grew from potential US-India trade negotiation outcomes and minimal disruption from US-China tensions (US tariffs at 245% on Chinese goods). A moderating inflation trajectory (March CPI at a 5-year low) hints at further RBI rate cuts, boosting sentiment.

  • Q4FY25 earnings started weakly, but domestic resilience and global recovery hopes support the market.

  • Note: Markets will be closed tomorrow, April 18, for Good Friday.

Market This Week

  • Biggest weekly gain in over 2 years—Sensex, Nifty, and Midcap up over 4%; Nifty Bank up over 6%.

  • Realty and financials were top sectoral gainers; all indices saw gains.

❓ DO YOU KNOW?

The Nifty Bank index’s over 6% weekly gain is its strongest in nearly 2 years, driven by heavyweights like ICICI Bank, reflecting a shift in investor confidence post-tariff pause.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Bharti Airtel, ICICI Bank, Bajaj Finance, Sun Pharma, and Eicher

  • Top Losers: Wipro, Hero MotoCorp, Tech Mahindra, Coal India, and JSW Steel

  • Infosys fell after Q4 net profit dropped 12% YoY to ₹7,033 crore, missing estimates, with FY26 revenue guidance of 0-3%.

  • KFin Tech surged 8% after acquiring a 51% stake in Ascent Fund Services for $34.7 million.

  • ICICI Bank, SBI, and Kotak Bank jumped 5%, pushing Bank Nifty near its 52-week high amid a broad recovery.

  • KEI Industries climbed 4% after Goldman Sachs upgraded it to ‘Buy,’ with 15 of 19 analysts favoring a buy.

  • Telcos (Vodafone Idea, Bharti Airtel) may hike tariffs by November-December to fund 4G/5G investments.

  • Angel One sank 6% as Q4 profit tanked 49% YoY to ₹174.5 crore, disappointing investors.

Your Weekly Stock Markets Rundown: 📊 Q4 Earnings Kick Off Amid Global Jitters! Infosys, HDFC Bank, ICICI in Focus

April 14-18, 2025

The week of April 14-18, 2025, marks a pivotal start to the Q4 FY25 earnings season, with TCS’s cautious results setting the stage. Investors will eye Infosys, Wipro, and major banks like HDFC Bank and ICICI Bank for further cues. Macro data, including interest rate decisions from Canada, the Eurozone, and South Korea, OPEC/IEA oil reports and key economic indicators from India, China, and the US, will shape global sentiment. With trade tensions and inflation risks in focus, the market outlook remains cautious, with opportunities in resilient banking and defensive sectors.

👀Stocks to Focus:

  1. ICICI Bank: Banking momentum may continue.

  2. Infosys: Q4 miss could pressure IT further.

  3. Bharti Airtel: Tariff hike buzz signals upside.

📝Summary:

Indian markets soared 1.8%, with Nifty above 23,850, led by a financials rally and FII buying amid tariff pause optimism. All sectors gained, supported by low inflation and trade hopes, though weak Q4 earnings loom. Markets close tomorrow for Good Friday—watch trade talks and results!

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.