Indian equity markets ended the day on a positive note. While the BSE Sensex gained 1,508.91 points to close at 78,553.20, the NSE Nifty 50 rose 414.45 points to settle at 23,851.65.
On April 17, the stock market saw notable gains among key players, with Zomato (Eternal) leading the top gainers list, surging by 4.47% to close at ₹232.00. Sun Pharma followed with a strong 3.77% rise, ending the session at ₹1,757.00. ICICI Bank also posted solid gains, climbing 3.73% to finish at ₹1,407.00. These stocks outperformed the broader market, reflecting strong investor interest and momentum.
On April 17, Wipro led the top losers of the day, witnessing a 4.14% drop, closing at ₹237.40. Hindalco followed with a 0.31% decline, finishing at ₹608.00. Tech Mahindra also saw a decrease, dropping by 0.30% to end the day at ₹1,304.80. These stocks experienced downward pressure amidst market volatility.
Banking stocks remained the top gainers on Thursday, while other sectors like metal, IT, auto, and oil & gas ended the day on a positive note.
The Nifty Midcap 100 index remained steady at 52,657.80, while the Nifty Smallcap 100 rose by 60.95 points to close at 16,410.20.
India VIX dropped by 2.51%, settling at 15.47.
As the trading session came to a close, crude oil prices saw positive movement across various blends. WTI Crude settled at $63.25, marking an increase of $0.78, or 1.25%. Similarly, Brent Crude rose by $0.66, ending at $66.51, a gain of 1.00%. Murban Crude also saw a modest gain, climbing $0.65 to reach $68.03, reflecting a 0.96% rise. These price increases reflect the overall positive sentiment in the oil market at the closing bell.
In conclusion, the Indian equity markets closed strongly with significant gains across key indices. While the banking sector led, select stocks saw losses. Crude oil prices also posted positive movements, further adding to the market’s upbeat sentiment. Investors remain optimistic going into the next trading sessions.
Read more on: Nifty Weekly Expiry Today: IREDA, Manappuram Finance, and 3 Others Under F&O Ban on April 17
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.
Published on: Apr 17, 2025, 4:29 PM IST
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