Realty and auto stocks continued to drive the market momentum. Among the Nifty 50 components, shares of IndusInd Bank, Larsen & Turbo, Tata Motors, Shriram Finance, Adani Enterprises and Adani Ports traded among major gainers. Only Nestle and ITC slipped to trade in red at the time of writing.
The broader benchmark indices continued to trade higher due to easing global trade tensions and Trump tariffs reprieve.
Sensex soared 1673.91 pts or 2.23 per cent to 76,831.17 as at 12.51 pm, and Nifty 50 surged 515.10 pts or 2.26 per cent to 23,343.65.
India VIX declined 18.27 per cent to 16.43. Nifty midcap 100 rose 2.21 per cent to 51,618 as at 12.55 pm, and Nifty smallcap 100 gained 2.86 per cent to 16,144.50.
Nearly 2,434 stocks advanced and 310 declined of all the 2,818 stocks that were traded on the National Stock Exchange.
Top gainers & losers today
Shares of IndusInd led the gainers with 6.58 per cent rally to ₹734.90.
L&T followed with 4.69 per cent surge to ₹3,262.
Auto major Tata Motors gained 4.51 per cent to ₹621.90. Shares of Motherson, Bharat Forge, MRF also soared 4-7 per cent. Markets experts believe that the sector is gaining momentum as Trump is considering exemptions on tariffs for imported vehicles and auto parts.
Shriram Finance rose 4.92 per cent to ₹670.25.
Two Adani Group stocks — Adani Enterprises and Adani Ports — also soared close to 4 per cent. Adani stocks have gained traction following WSJ report that said Trump administration is retreating from some types of white-collar law enforcement.
Adani Green Energy shares soared 4 per cent to ₹929.60 at the time of writing, following FY25 operational update.
Transformers And Rectifiers (India), Sagility, Garware Hi Tech and Orchid Pharma were among those 149 stocks that hit upper circuit today.
Nestle India slipped 0.09 per cent to ₹2,359.20 and ITC was down 0.11 per cent to ₹421.10.
In addition, shares of KEC International, Kaynes, BLS, HFCL and INOX Wind rallied 6-10 per cent among smallcap, while Mazagon Dock, IREDA and Supreme Industries soared 5-10 per cent.
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Published on April 15, 2025
