Nifty Financial Services Soars 2.95%, Led by ICICI GI, PFC and Shriram Finance

The Nifty Financial Services Index, also known as FINNIFTY, is a benchmark designed to capture the performance of India’s dynamic financial sector. It includes 20 major stocks across various segments such as banks, financial institutions, housing finance, insurance, and other financial services. Introduced by the National Stock Exchange (NSE), the index uses the free-float market capitalisation method, which reflects the market value of each constituent stock adjusted for its free-float, relative to a base value. The base date is January 1, 2004, with a base value of 1,000. The index is recalibrated semi-annually to ensure it remains representative of the sector.

Market Performance on April 15, 2025

As of 11:59 AM on April 15, 2025, the Nifty Financial Services Index was trading at 25,280.90, marking a gain of 725.35 points or 2.95% over the previous close of 24,555.55. 

The index showed strong momentum throughout the session, opening at 25,215.85 and moving within a day’s range of 25,035.60 to 25,291.75. Notably, it hovered close to its 52-week high of 25,297.35, a significant rise from the 52-week low of 20,457.90. The current price-to-earnings (P/E) ratio stands at 16.46, while the dividend yield is 2.9%, making it attractive to both growth and income-focused investors.

Read More: Bonus, Stock Split and Dividend This Week: Mazagon Dock, Sanofi Consumer and More. 

Top Gainers in the Index

The index’s stellar performance today was driven by substantial gains in several stocks. ICICI Lombard General Insurance (ICICIGI) led the surge with a 5.25% rise, closing at ₹1,808.90. Power Finance Corporation (PFC) followed closely with a 5.19% gain at ₹421.55. Shriram Finance (SHRIRAMFIN) climbed 4.66% to ₹668.55, while Cholamandalam Investment (CHOLAFIN) and Axis Bank (AXISBANK) rose by 4.15% and 4.01% respectively. These gains underscore the bullish sentiment surrounding financial stocks in the current market environment.

Key Constituents by Weightage

The index composition is heavily skewed towards India’s largest and most influential financial institutions. HDFC Bank commands the highest weight at 32.51%, followed by ICICI Bank at 22.25%. Other significant constituents include Kotak Mahindra Bank (7.46%), Axis Bank (7.36%), and State Bank of India (6.93%). Major non-banking financial companies (NBFCs) such as Bajaj Finance (5.47%) and Bajaj Finserv (2.55%) also hold notable weights, while firms like Shriram Finance, Jio Financial Services, and HDFC Life contribute to the overall diversification of the index.

Performance Metrics and Index Use

The Nifty Financial Services Index is widely utilised for benchmarking mutual fund and ETF portfolios, as well as for launching structured financial products. Its recent performance shows robust growth, with returns of 6.64% over 1 month, 19.47% over 3 months, and 21.90% over 6 months. The one-year return stands at 16.37%, highlighting consistent upward momentum. In terms of risk, the index has a standard deviation of 21.36%. With a beta of 1.07 and a 0.90 correlation with the Nifty 50, it exhibits slightly higher volatility but remains closely aligned with the broader market.

Conclusion

The strong showing of the Nifty Financial Services Index highlights the growing strength of India’s financial ecosystem. Led by gains in insurance and NBFC stocks, the index has reaffirmed investor confidence in the sector. As India’s economy continues to expand, financial services are poised to remain a key pillar of growth, making FINNIFTY a crucial index to watch in the months ahead.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.     

    

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.     

Macrotech Developers Buys 10 Land Parcels for ₹24,000 Crore Housing Projects in FY25

Real estate giant Macrotech Developers, known for its Lodha brand, acquired 10 land parcels in the 2024–25 financial year to build housing projects worth nearly ₹24,000 crore. This move is part of the company’s plan to grow its business as housing demand continues to remain strong.

The company had earlier shared a target to acquire land parcels with a sales potential of ₹21,000 crore in FY25. However, it exceeded this goal with actual acquisitions reaching ₹23,700 crore in gross development value (GDV).

New Land in Pune Adds ₹4,300 Crore GDV

In its latest update, Macrotech revealed it added 2 new land parcels in Pune, contributing a GDV of ₹4,300 crore. Overall, the land deals were spread across the Mumbai Metropolitan Region (MMR), Bengaluru, and Pune. The company did not disclose how many of these 10 parcels were outright purchases or joint ventures with landowners.

Read More Upcoming Q4FY25 Earnings This Week: IREDA, Wipro, Infosys and More Set to Release Earnings.  

Strong Sales Bookings in Q4 and FY25

Macrotech Developers also posted strong sales performance:

  • In Q4 FY25, sales bookings rose 14% to ₹4,810 crore, compared to ₹4,230 crore in Q4 FY24. 
  • For the full fiscal year, sales bookings grew 21% to a record ₹17,630 crore, up from ₹14,520 crore in the previous year.

Presence Across Key Markets

Macrotech Developers is a leading real estate company in India with a solid presence in MMR, Pune, and Bengaluru. Apart from residential projects, the company is also active in:

  • Industrial and logistics parks 
  • Office and retail space development

Family Feud Over ‘Lodha’ Brand Name

While the company expands its footprint, it is currently involved in a legal dispute with the House of Abhinandan Lodha, founded by Abhishek Lodha’s younger brother. The conflict is centred around the use of the ‘Lodha’ brand name.

Share Price Movement

As of 12:24 PM on April 15, shares of Macrotech Developers share price were trading at ₹1,197.40, up ₹74.80 or 6.66% for the day. The stock opened at ₹1,157.00 and touched an intraday high of ₹1,208.00 and a low of ₹1,145.00. The company’s market capitalisation stood at ₹1.19 lakh crore, with a price-to-earnings (P/E) ratio of 47.40 and a dividend yield of 0.19%. Over the past 52 weeks, the stock has traded between a low of ₹1,035.15 and a high of ₹1,649.95.

Conclusion

Macrotech Developers’ aggressive land acquisitions and record-high sales figures underline its strong market position and growth momentum. Despite ongoing brand-related legal challenges within the Lodha family, the company remains focused on scaling up its presence in key real estate markets across India.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.    

   

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.    

Sensex Jumps 1,750 Points, Nifty Crosses 23,000: Why is the Indian Stock Market Rising?

On Tuesday, the Indian stock market continued its upward trend for the second day in a row, opening with a strong gain. The Nifty 50 opened at 23,368 and reached an intraday high of 23,368, showing a gain of 540 points. Similarly, the Sensex opened at 76,852 and hit an intraday high of 76,907, recording a massive gain of 1,750 points. The Bank Nifty also surged nearly 1,300 points, touching 52,299.

Over the past 2 sessions, the BSE Sensex has gained over 3,000 points, the Nifty 50 has surged more than 950 points, and the Bank Nifty has gained over 2,000 points. This rally isn’t limited to just large companies — the broader market is also seeing buying interest. The BSE Small-cap index rose by about 2%, and the Mid-cap index jumped by around 1.65%.

Read More Upcoming Q4FY25 Earnings This Week: IREDA, Wipro, Infosys and More Set to Release Earnings. 

5 Key Reasons Behind the Rally

1. Crash in US Bond and Stock Markets

Usually, the US bond and stock markets move in opposite directions. However, after Trump implemented new tariffs, both markets crashed together, which surprised many investors and even the White House. Countries like China that had bought US bonds due to Trump’s earlier policies started selling them after the tariffs were put in place. This selling led to a crash in both the bond and stock markets.

2. Trade War Turning Into Negotiations

After Trump paused tariffs for 90 days, there’s a growing buzz that behind-the-scenes trade talks may start, and a positive outcome might be possible. The US also wants to reach deals with trade partners, especially after the fall in its own financial markets.

3. Weak US Dollar

The US dollar index has fallen below 100, a level not seen in almost 2 years. This weakness means that US assets like treasury bonds, equities, and currency are under pressure. As a result, foreign investors (FIIs) might change their strategy and start investing in Indian markets after pulling out from the US.

4. Hawkish US Fed Despite Trump’s Rate Cut Push

Since becoming the 47th US President, Donald Trump has been publicly pushing for interest rate cuts. But US Federal Reserve Chairman Jerome Powell is staying focused on fighting inflation before cutting rates. After Trump’s tariffs were implemented, inflation fears rose even more, making the Fed stick to its tough stance. So, the American economy is now moving in a different direction than Trump’s wishes, and the chance of any rate cut in the near future is low.

5. RBI’s Positive Outlook on Indian Inflation

In its recent Monetary Policy Committee (MPC) meeting, the RBI kept its inflation projection for 2025–26 at 4%, with quarter-wise estimates as follows: Q1 – 3.6%, Q2 – 3.9%, Q3 – 3.8%, and Q4 – 4.4%. RBI Governor also said that inflation risks are evenly balanced. This shows confidence in the Indian economy and is being welcomed by investors, especially as the US struggles with rising inflation. The Governor also highlighted that inflation dropped in January and February 2025, mainly because of a sharp fall in food prices.

Stay Alert to Trump-Related News

Investors should be remain cautious and monitor news related to Donald Trump and the US White House. Even though recent actions have calmed the markets, more uncertainty could arise with new sector-specific tariffs that Trump has promised. Sectors like Indian pharmaceuticals may come under pressure again if Trump’s tariff threats continue. While the bond market may have temporarily slowed Trump down, he’s unlikely to completely back away from his tariff plans.

Conclusion

The Indian stock market’s robust rally is backed by both domestic confidence and global shifts in investor sentiment. While strong buying momentum and positive economic signals are fueling the rise, investors should tread cautiously. Global uncertainties, especially related to Donald Trump’s trade policies, remain a potential risk. Staying informed and focusing on long-term fundamentals can help investors navigate the ongoing volatility.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

  

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.   

 

PwC Submits Draft Review on IndusInd’s Derivatives, But Bank Denies Receipt

PricewaterhouseCoopers (PwC) has submitted a draft report to IndusInd Bank after reviewing the bank’s forex derivatives portfolio. This report only covers accounting aspects and does not point fingers or explain when the errors occurred, according to reports.

The accounting review began in October 2024, shortly after IndusInd admitted it had misreported forex derivative losses over several years. The bank is reviewing PwC’s draft and is expected to give feedback. PwC worked closely with IndusInd officials during the review process.

Separate Forensic Probe by Grant Thornton

While PwC reviewed the accounting, another firm, Grant Thornton Bharat, is conducting a forensic audit. This investigation aims to find out what caused the losses, identify who was responsible, and understand how the errors happened.

Read More Upcoming Q4FY25 Earnings This Week: IREDA, Wipro, Infosys and More Set to Release Earnings. 

IndusInd Denies Receiving PwC’s Report

In an official statement, IndusInd Bank said it had not received any report from external agencies.

“IndusInd Bank hereby clarifies that the Bank has not received the report from the external agencies who are conducting the review,” the statement read.

Background: ₹2,100 Crore Derivative Losses

The issue came to light on March 10, when the bank revealed a ₹2,100 crore loss linked to forex swap deals made between 2017 and 2024. These losses had not been recorded correctly in the books. The bank had recorded treasury gains in profits but failed to account for matching derivative losses through net interest income (NII).

As a result, IndusInd’s shares plunged 23%, and analysts estimated that the losses could reduce the bank’s net worth by ₹1,600 crore — more than the ₹1,401 crore net profit it earned in the December 2024 quarter.

Regulatory Action and Internal Shake-ups

The bank partly blamed the Reserve Bank of India’s (RBI) September 2023 rule, which banned internal trades and hedging. IndusInd stopped these practices in April 2024, but earlier losses still went unnoticed in audits.

The crisis also triggered internal changes, including the exit of CFO Gobind Jain. Over the past 2 years, CEO Sumanth Kathpalia and Deputy CEO Arun Khurana had also sold shares worth a combined ₹157 crore.

Stock Movement

After falling to a low of ₹655 on March 11, the stock has slightly recovered to ₹692 as of March 19. However, it’s still down over 53% in the last 6 months.

KPMG and EY Also Engaged

Earlier this year, IndusInd also brought in KPMG and EY to help review its internal policies and how it handled forex derivatives in its accounting books.

RBI Watching Closely

The RBI has asked IndusInd’s board to ensure accountability for the mistakes. RBI Deputy Governor J. Swaminathan said any individuals or parties responsible — whether from inside or outside the bank — must face action.

“Whenever such incidents occur, we direct the boards to ensure that proper forensic and accountability studies are carried out,” he said.

Banking System Remains Strong

Despite the issue, RBI Governor Sanjay Malhotra assured the public that India’s banking system is stable and resilient. He noted that while some cooperative banks have failed in recent years, the overall impact on the system was small.

About IndusInd Bank Limited

IndusInd Bank Limited is a Mumbai-based Indian bank offering financial services. It was founded in April 1994 and is backed by the Hinduja Group.

As of April 15 at 10:32 AM IST, IndusInd Bank share price is trading at ₹733.30, up ₹43.80 or 6.35% for the day. The stock opened at ₹705.00, hit a high of ₹733.85, and a low of ₹693.05. The bank has a market capitalisation of ₹57,190 crore, a price-to-earnings (P/E) ratio of 7.88, and offers a dividend yield of 2.25%. Over the past 52 weeks, the stock has touched a high of ₹1,557.90 and a low of ₹606.00.

Conclusion

The unfolding situation at IndusInd Bank has not only triggered regulatory scrutiny but also shaken investor confidence. With forensic audits underway and RBI demanding clear accountability, the bank’s next steps will be critical in restoring trust and ensuring transparency in its financial reporting. All eyes are now on the final audit findings and the bank’s actions to address past discrepancies and strengthen internal controls.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

  

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.   

NPS vs Mutual Funds in 2025: Which One’s Giving Better Returns?

With people living longer and prices rising, planning for retirement is more important than ever. In India, more investors are turning to market-linked options like the National Pension System (NPS) for better long-term returns. NPS equity funds have shown strong performance recently thanks to smart asset allocation and focus on high-growth stocks.

Top Performers Among NPS Funds

As of March 2025:

  • DSP Pension Fund gave 13.75% returns in 1 year, beating the Nifty 200 TRI, which returned just 1%. 
  • UTI Pension Fund performed well over the long term, delivering 13.47% in 3 years and 17.38% in 5 years. 
  • DSP Equity Tier I Scheme also stood out with 15.06% 1-year return, the highest among NPS equity schemes.

Other NPS Scheme Returns (Last 1 Year)

  • SBI NPS Equity Scheme: -2.12% 
  • Max Life: 0.80% 
  • UTI Pension Fund: 4.63% 
  • Kotak Pension Fund: 4.64% 
  • Aditya Birla Equity Pension Fund: 1.70%

How NPS Asset Allocation Works

NPS lets investors put up to 75% in equities, helping fund managers make the most of market trends. This flexibility allows NPS to focus on multi-cap strategies and high-growth stocks, often delivering better performance than benchmarks.

In comparison, some large-cap mutual funds, like Nippon India Large Cap Fund, offered 9.58% return in the last year. But mutual funds usually have higher expense ratios, while NPS charges are lower, typically between 0.62% and 1.02%, giving investors better long-term value.

Read More Bonus, Stock Split and Dividend This Week: Mazagon Dock, Sanofi Consumer and More. 

Tax Benefits Make NPS More Attractive

NPS also provides tax benefits under Section 80C, making it a strong choice for retirement savers. When combined with good returns and low costs, NPS becomes a solid option for wealth building with tax efficiency.

NPS vs Mutual Funds: The Verdict

In 2025, NPS equity schemes have delivered better long-term returns than many large-cap mutual funds. Some NPS funds have given over 5% more returns than the category average of mutual funds, making them a great choice for retirement-focused investors.

Two Investment Options in NPS

  1. Active Choice
     You choose how to divide your money between: 

    • Equity (E) – up to 75% 
    • Corporate Bonds (C) – up to 100% 
    • Government Securities (G) – up to 100% 
    • Alternative Investments (A) – up to 5% 
  2. Auto Choice

This adjusts your asset mix based on your age. Younger investors get more equity exposure, which reduces as they age. It’s ideal for those who prefer a low-risk, automatic investment strategy.

 

Conclusion

If you’re planning for retirement and want better long-term returns, lower costs, and tax benefits, NPS could be a better bet than mutual funds in 2025. With strong performance, flexible investment options, and growing investor trust, NPS is proving to be a smart, stable way to build your retirement corpus.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

 Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.  

NTPC to Add 30 GW Thermal Power by 2031-32 Amid Rising Demand

NTPC, India’s government-owned power utility, has raised its coal-based power target to 30 GW by 2031-32, up from its previous plan of 26 GW. This move comes as power demand in the country continues to rise. 

Capacity Additions in FY25 and FY26 

In FY25, NTPC added 660 MW of thermal and 3.3 GW of renewable capacity. For FY26, the company plans to add 3 GW of coal-based power and 5 GW of renewable energy. The Indian government expects power demand to cross 270 GW this summer and has announced a national plan to add 80 GW of coal capacity by 2032 while also strengthening renewable energy sources. 

Read More Bonus, Stock Split and Dividend This Week: Mazagon Dock, Sanofi Consumer and More. 

Focus on Renewable and Nuclear Energy 

NTPC has been diversifying into other energy sectors, including wind, solar, hydro, nuclear, and green chemicals like ethanol and methanol. Looking ahead, it plans to speed up its investments in renewables, nuclear power, and energy storage solutions. 

To meet India’s target of 100 GW nuclear power capacity by 2047, NTPC will build 30 GW of nuclear capacity. It is already working on 2 nuclear plants of 2.8 GW total capacity with the Nuclear Power Corporation of India—one in Madhya Pradesh and the other in Rajasthan. Currently, India has 8 GW of nuclear power, run entirely by Nuclear Power Corp. 

Global Expansion and Consultancy Plans 

NTPC recently announced a 50 MW solar power project in Sri Lanka through its JV, Trincomalee Power Company, with the Ceylon Electricity Board. It also explores similar solar projects in Africa and Saudi Arabia. 

Additionally, NTPC is in talks with South African power company Eskom for possible operations, maintenance, or consultancy services. 

Boosting Nuclear Technology and Local Manufacturing 

The company has invited global firms to collaborate on indigenising pressurised water reactor (PWR) technology, aiming to build 15 GW of nuclear power capacity using local expertise. 

NTPC Green’s Ambitious Plans 

NTPC’s renewable energy arm, NTPC Green, in partnership with ONGC Green, is focusing on battery storage, wind energy (onshore and offshore), and green chemical projects. Their joint venture, ONGC NTPC Green, recently bought 100% equity in Ayana Renewable Power for ₹6,248.50 crore. 

NTPC Green aims to develop 19 GW of renewable energy capacity by 2026-27, with an investment of around ₹1 lakh crore. 

Entry into Power Distribution 

Besides power generation, NTPC is also considering stepping into the power distribution sector in the future. 

Share Price Movement

As of April 11, 2025, NTPC share price closed at ₹359.50, up ₹10.15 or 2.91% from the previous close of ₹349.35. The stock opened at ₹351.00 and traded in a range of ₹351.00 to ₹361.50 during the day, with a volume of 1,12,44,154 shares. NTPC’s 52-week range stands between ₹292.80 and ₹448.45, and the company holds a market capitalisation of ₹3,38,171 crore.

Conclusion 

As India’s energy demand surges, NTPC is positioning itself as a key player in both conventional and green power. With large-scale investments in thermal, nuclear, and renewable energy—alongside international expansion and entry into distribution—NTPC is set to play a major role in shaping the country’s energy future. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

 Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.  

Nadda to Launch Ayushman Bharat Scheme During Odisha Visit on April 11 to 13

Union Health Minister J P Nadda will visit Odisha for 2 days starting from April 11 to April 13 to launch the Ayushman Bharat scheme along with other healthcare initiatives in the state.  

Launch Event in Cuttack  

Nadda will arrive in Bhubaneswar at around 1 PM and then travel to Cuttack, where he will attend an event alongside Chief Minister Mohan Charan Majhi. During this event, the Ayushman Bharat scheme, Ayushman Vaya-Vandana Yojana, and the Gopabandhu Jan Arogya Yojana (GJAY) will be officially launched, BJP state president Manmohan Samal confirmed. 

 These schemes are expected to benefit around 3.5 crore people in Odisha. The Union Minister will also inaugurate the new building of the Sardar Vallabhbhai Patel Post Graduate Institute of Pediatrics in Cuttack.  

 Read More: Ayushman Bharat Scheme: Delhi Government Begins Registration, How to Apply. 

Other Scheduled Visits  

During his visit, Nadda will also tour AIIMS Bhubaneswar and the Central Institute of Petrochemicals Engineering and Technology (CIPET).  

On April 12, 2025, he will inaugurate a 3-day training program for all BJP MPs and MLAs in Puri, which will run from April 11 evening to April 13.  

Healthcare Access Widens for 3.5 Crore Beneficiaries  

The Ayushman Bharat and GJAY schemes will benefit 3.5 crore people from 1.03 crore families in Odisha. Beneficiaries will have access to free, cashless treatment at 29,000 private and government hospitals across India. Earlier, this facility was available only in 900 hospitals.  

 The Ayushman Vaya-Vandana Yojana will cover all individuals aged 70 and above, regardless of income level.  

Conclusion  

The launch of these healthcare schemes marks a significant step toward providing better medical access in Odisha. With expanded coverage and increased funding, millions will benefit.  

  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.    

 Investments in the securities market are subject to market risks, read all the related documents carefully before investing.   

Bank Holidays 2025: Banks Closed from April 12-14: Is Your State Affected? Check the Holiday List

If you need to visit your bank soon, make sure to complete your work by April 11 (Thursday). Banks in many states will remain closed for 3 days in a row—from April 12 to April 14—due to weekends and public holidays. 

This long weekend includes the second Saturday (April 12), Sunday (April 13), and multiple regional holidays on April 14, such as Ambedkar Jayanti, Vishu, Bihu, and Tamil New Year. Many banks across India will not be open. 

Read More Is Gold a Safer Asset for 2025? A Look at Why Gold Continues to Break Records. 

Bank Holiday List for April 2025 

Banks Closed for Three Days (April 12-14) 

  • April 12 (Saturday) – Banks Closed 
  • Banks across India will remain shut for the second Saturday, as per RBI guidelines. 
  • April 13 (Sunday) – Banks Closed 
  • Regular Sunday closure; no banking services will be available. 
  • April 14 (Monday) – Banks Closed in Most States 
  • Banks will remain shut for Ambedkar Jayanti and various regional festivals, including: 
  • Vishu (Kerala) 
  • Bihu (Assam) 
  • Tamil New Year (Tamil Nadu) 

Additional Bank Holidays in April (State-wise) 

  • April 15 (Tuesday) – Bengali New Year, Himachal Day, Bohag Bihu 
  • Banks will be closed in Assam, West Bengal, Arunachal Pradesh, and Himachal Pradesh. 
  • April 18 (Friday) – Good Friday 
  • Banks will be shut in most major states, except in Tripura, Assam, Rajasthan, Jammu, Himachal Pradesh, and Srinagar. 
  • April 21 (Monday) – Garia Puja 
  • Local bank holiday in Tripura. 
  • April 29 (Tuesday) – Parshuram Jayanti 
  • Banks will remain closed in Himachal Pradesh. 
  • April 30 (Wednesday) – Basava Jayanti and Akshaya Tritiya 
  • Banks in Karnataka will be closed for these festivals. 

Plan Ahead for Banking Services 

Since April has many holidays, banking services will be affected on multiple days. If you rely on in-person banking, complete all important tasks by April 11 to avoid any last-minute issues. 

Conclusion 

With multiple bank holidays in April, ensure you complete essential transactions in advance. Plan accordingly to avoid disruptions in cash deposits, cheque clearances, or branch visits. 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.  

Weekly Market Recap As of April 11, 2025: Sensex, Nifty Rebound; RBI Cuts Rates, China Imposes Tariffs

For the week ended April 11, 2025, Nifty 50 and Sensex saw sharp swings, initially falling but rebounding strongly to close at 22,828.55 and 75,157.26, respectively. 

Between April 7 and April 11, 2025, the Nifty 50 saw significant volatility. It fell 3.24% on April 7 to 22,161.60 but rebounded 1.69% on April 8 to 22,535.85. After a slight 0.61% dip on April 9, it surged 1.92% on April 11, closing at 22,828.55.  

 Between April 7 and April 11, 2025, the BSE Sensex 30 experienced sharp fluctuations. It dropped 2.95% on April 7 to 73,137.90 but rebounded 1.49% on April 8 to 74,227.08. After a minor 0.51% dip on April 9, it surged 1.77% on April 11, closing at 75,157.26. 

 Read More Eternal (Zomato) Share Price Rose 3.12% on April 11; To Liquidate Dutch Subsidiary Zomato Netherlands.   

 Roundup of Major News This Week 

  • China will impose a 34% tariff on all U.S. imports from April 10, matching U.S. tariffs and escalating trade tensions. It also tightened rare earth exports, sanctioned 27 U.S. firms, and filed a WTO complaint, intensifying global economic uncertainty. 

 Major Earnings Update This Week  

  • For Q4 FY25, Trent reported provisional standalone revenue of ₹4,334 crore, a 28% increase compared to ₹3,381 crore in the same period last year. The company posted a revenue of ₹17,624 crore, up 39% from ₹12,669 crore in FY24.  

Conclusion 

The week saw significant market swings, policy changes, and corporate earnings, shaping investor sentiment. Global uncertainties and rate cuts may drive future trends. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

 

Closing Bell: Sensex Jumps 1,310 Pts, Nifty Surges 429 Pts as Trump Pauses Tariffs on April 11, 2025

Indian stock markets saw a sharp rise on April 11, 2025, following US President Donald Trump’s decision to pause trade tariffs for 90 days. Despite mixed trends in Asian markets, investor sentiment remained strong in India. 

The BSE Sensex jumped 1,310.11 points (1.77%) to close at 75,157.26, while the NSE Nifty50 ended 429.40 points higher (1.92%) at 22,828.55. 

Broader Markets Outperform 

Midcap and smallcap stocks performed even better, with the BSE Midcap index rising 1.84% and the BSE Smallcap index climbing 3.04%. 

Read More Eternal (Zomato) Share Price Rose 3.12% on April 11; To Liquidate Dutch Subsidiary Zomato Netherlands. 

Top Gainers and Losers  

Among the Nifty50 stocks, 47 out of 50 ended in the green. The biggest gainers were Hindalco (+6.52%), Tata Steel (+4.84%) and JSW Steel (+4.81%).  The top losers were Asian Paints closed at ₹2,393.00 (-0.75%), Apollo Hospitals ended at ₹6,798.00 (-0.53%), and TCS settled at ₹3,238.00 (-0.26%). 

All Sectors in Green 

Every sector ended the day with gains. The Nifty Metal, Energy, Pharma, Auto, and Banking sectors were the top performers, rising to 4.09%. 

Oil Prices 

As of April 11, 2025, at 03:46 PM, Brent Crude was trading at $63.75, up by 0.65%. 

Conclusion 

With strong gains across sectors and broad-based buying, Indian markets ended the week on a positive note. Investors now await further global cues for market direction. 

 Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.    

   Investments in the securities market are subject to market risks, read all the related documents carefully before investing.