🚀 Nifty Reclaims 24,000, Sensex Hits Record High as Bulls Charge into the Week! 💹

📰Daily Market Wrap-Up by Stock Whisperers-April 21

Author

thestock whisperers
April 21, 2025

21-April-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex jumped 855.30 points (+1.09%) to settle at 79,408.50, hitting an intraday high of 79,635.05 (+1.37%).

  • The Nifty climbed 273.90 points (+1.15%) to close at 24,125.55, topping 24,000 for the first time since January 6, 2025.

  • Midcap and Smallcap indices outperformed, marking a broad rally.

  • All sectors ended in the green except FMCG (-1%)

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Bought ₹1,970.17 crore

  • Domestic Institutional Investors (DII): Bought ₹246.59 crore

Fresh FII inflows, alongside modest DII support, fueled the fifth straight session of gains.

📊📑 Important Observations and Market Sentiments: Editor Special

  • The rally was driven by strong Q4 earnings from major banks, RBI’s consecutive rate cuts (6.00% repo), and ample liquidity. IT stocks surged on Infosys’ guidance and short covering, while a weak US Dollar Index (below 98) boosted sentiment.

  • Optimism grew over US Vice President JD Vance’s four-day visit to India, hinting at a potential bilateral trade deal amid US-China tensions (US tariffs at 245% on Chinese goods).

  • Q4 earnings season started mixed, with weak forecasts tempered by domestic strength. Expect continued momentum, with key results from HCL Tech, Havells, AU Small Finance Bank, Tata Communications, and Waaree Energies due tomorrow.

❓ DO YOU KNOW?

The Nifty’s reclaim of 24,000 marks its highest close since January 6, 2025, reflecting a 5-session winning streak—the longest since December 2024.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Tech Mahindra, Trent, IndusInd Bank, Hero MotoCorp, and Power Grid Corporation

  • Top Losers: Adani Ports, HDFC Life, and ITC

  • HDFC Bank’s Q4 profit rose 6.7% YoY to ₹17,656.61 crore, NII up 10%, NIM at 3.65%, advances up 5.4% to ₹26.4 lakh crore; shares hit an all-time high, Motilal Oswal targets ₹2,200.

  • ICICI Bank’s Q4 net profit surged 18% YoY, NII up 11%, NIM at 4.41%, advances up 13.3% to ₹13.41 lakh crore; shares hit a 52-week high, Motilal Oswal and Nuvama target ₹1,650 and ₹1,660.

  • Infosys gained despite a 12% Q4 profit drop to ₹7,033 crore. With FY26 revenue guidance of 0-3% and a ₹22/share final dividend, brokerages cut targets post-miss.

  • Adani Ports fell after a $2.4-billion non-cash acquisition of Australia’s Abbot Point Port Holdings; Motilal Oswal maintains ‘Buy’ (target ₹1,560).

  • ITC declined after acquiring a 100% stake in Sresta Natural Bioproducts.

  • Divi’s Laboratories rose on a long-term supply deal with a global pharma firm for advanced intermediates.

  • Aster DM Healthcare gained after the CCI approved its merger with Quality Care India.

  • BSE Ltd fell, likely due to profit-taking or sector-specific pressures.

  • IDFC First Bank jumped 6% as Jefferies sees a ~10% upside.

  • Paytm Money reduced MTF interest rates to 9.75% p.a. for high-value traders (above ₹25 lakh funding book).

Your Weekly Stock Markets Rundown: 🌍 Trade Turmoil Meets Monsoon Hope as Market Eyes Earnings & Rate Cuts

April 21-25, 2025

The week of April 21-25, 2025, unfolds amid a chaotic trade war between the US and China, testing global supply chains and market resilience. India’s Q4 FY25 earnings season progresses with key IT and financial results, following TCS’s cautious start, while easing inflation and a promising monsoon forecast bolster hopes for RBI rate cuts. However, FII volatility and rising US jobless claims temper optimism. Investors will watch PMI data, loan growth, and consumer confidence figures for direction, with opportunities in IT, consumer goods, and financial stocks amidst the uncertainty.

👀Stocks to Focus:

  1. ICICI Bank: Strong Q4 may sustain banking gains.

  2. Infosys: IT momentum hinges on peer results tomorrow.

  3. Adani Ports: Acquisition impact to watch.

📝Summary:

Indian markets surged 1.2%, with Nifty above 24,000 and Sensex crossing 79,000, led by financials and IT on robust earnings and FII inflows. All sectors gained except FMCG, with Midcap and Smallcap shining. Optimism from trade talks and rate cuts fuels the rally—key earnings tomorrow will shape the next move!

😊Thank you for subscribing to our Market Wrap-Up. Stay tuned for tomorrow's update.

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.