Sensex Today | Stock Market Highlights 28 April 2025:
The Indian stock market on 28 April 2025 as the Sensex surged past the 80,000 mark once again, buoyed by a sharp gain of 834.59 points, or 1.05%. Meanwhile, the Nifty 50 index opened 2,207.1 points below its all-time high, indicating a cautious yet optimistic sentiment among investors. The rally was driven by robust buying across key sectors, reflecting positive market sentiment and renewed confidence in the broader economic outlook.
Sectoral Indices Today on 28 April:
The Indian stock market saw broad-based sectoral gains, with the Nifty Oil & Gas index leading the pack, jumping 3.18%. Nifty Healthcare and Nifty Pharma also posted strong gains, rising 2.07% and 1.98% respectively, driven by renewed buying in defensive sectors. Nifty PSU Bank rallied 2.44%, reflecting strength in government-owned banks.
Among cyclical sectors, Nifty Auto surged 1.63%, and Nifty Private Bank and Nifty Metal both gained 1.40%, indicating bullish sentiment. Nifty Realty added 1.41%, boosted by positive real estate market outlook.
On the downside, the Nifty IT index slipped by 0.22%, under pressure from weak global cues in the technology sector.
Overall, today’s session witnessed a strong tilt toward energy, pharma, banking, and consumption-driven sectors, signaling broad market optimism.
Nifty Today Update on 28 April:
Today, the NIFTY 50 index witnessed strong momentum, opening at 24,070.25 and closing significantly higher at 24,328.50, up 289.15 points or 1.20% from the previous close of 24,039.35. Major contributors to the rally included RELIANCE, which soared by 5.07%, and SUN PHARMA, up by 3.07%. Stocks like JSW STEEL, BEL, and DR REDDY also showed healthy gains of around 2-3%. Volume remained robust, with over 32 crore shares traded, reflecting a turnover of ₹28,278.66 crores. In terms of individual performances, companies like M&M, AXIS BANK, and ICICI BANK added strength to the index, each posting gains of over 2%. On the flip side, some tech heavyweights like TECH MAHINDRA, WIPRO, and TCS ended slightly in the red. Overall, the broader market sentiment stayed positive, supported by strong buying in banking, pharma, and metal sectors. The 52-week high and low for the NIFTY 50 stood at 26,277.35 and 21,281.45, respectively, indicating significant room for further upside amid continued market optimism.
Nifty Top Gainer
| Symbol | Open | High | Low | Prev. Close | LTP | % Change | Volume (Shares) |
|---|---|---|---|---|---|---|---|
| RELIANCE | 1,340.00 | 1,374.60 | 1,320.20 | 1,300.40 | 1,366.30 | 5.07% | 3,11,04,496 |
| SUNPHARMA | 1,787.40 | 1,846.00 | 1,781.20 | 1,787.40 | 1,842.20 | 3.07% | 32,16,482 |
| JSWSTEEL | 1,021.40 | 1,058.90 | 1,019.20 | 1,028.40 | 1,058.30 | 2.91% | 14,85,915 |
| BEL | 296.00 | 307.85 | 295.85 | 297.60 | 305.30 | 2.59% | 2,99,13,417 |
| DRREDDY | 1,176.30 | 1,205.00 | 1,176.30 | 1,174.80 | 1,202.40 | 2.35% | 12,36,678 |
Nifty Top Looser
| SHRIRAMFIN | 622.70 | 630.40 | 596.15 | 655.20 | 621.60 | -5.13% | 3,22,21,482 |
| ETERNAL | 226.00 | 231.99 | 225.06 | 228.81 | 226.70 | -0.92% | 2,93,27,020 |
| ULTRACEMCO | 12,232.00 | 12,339.00 | 12,001.00 | 12,237.00 | 12,128.00 | -0.89% | 5,16,745 |
| HCLTECH | 1,565.00 | 1,569.40 | 1,537.10 | 1,578.20 | 1,550.00 | -0.65% | 26,18,810 |
| HINDUNILVR | 2,345.00 | 2,349.00 | 2,315.00 | 2,332.20 | 2,317.60 | -0.63% | 15,55,660 |
Nifty Bank Today Highlights:
Nifty Bank had a great day! It jumped 768 points and closed at 55,432.80, up by 1.41%. The index even touched a high of 55,577.40 during the day. Big banks like PNB, Bank of Baroda, and SBI led the way with strong gains. PNB was the top performer, going up by almost 3%, while Bank of Baroda and SBI also rose over 2%. Private banks like Axis Bank, Canara Bank, and ICICI Bank also moved up nicely. Even giants like HDFC Bank and Kotak Bank ended higher. Overall, banking stocks were buzzing today with lots of buying happening across the sector!
Currency Rate Today Update Today Update
Currency market saw slight fluctuations across major global currencies. The US Dollar (USD) experienced a marginal decline, with the value of 1 USD now at ₹85.1980, down from ₹85.5788 yesterday. The Japanese Yen (JPY) also saw a minor decrease, with the value of 100 Yen at ₹59.3200, compared to ₹59.6100 on the previous day. The British Pound (GBP) weakened slightly, as 1 GBP now stands at ₹113.4303, down from ₹113.8244. Similarly, the Euro (EUR) dipped to ₹96.8605 for 1 Euro, from ₹97.1245 in the prior trading session. These fluctuations reflect ongoing shifts in the global forex market, influenced by a variety of international factors.
Q4 Result Update:
UltraTech Cement has reported a strong performance in its Q4 results, with revenue rising by 12.95% to ₹23,063.32 crore, compared to ₹20,418.94 crore in the previous year, though slightly below the estimated ₹22,967.44 crore. The company’s EBITDA also saw a healthy growth of 12.26%, reaching ₹4,618.44 crore, surpassing the previous ₹4,113.92 crore and just meeting the estimated ₹4,615.92 crore. The EBITDA margin stood at 20.02%, marginally lower than the previous quarter’s 20.14%, but still in line with the forecast of 20.1%. Net profit rose by 9.91%, amounting to ₹2,482.04 crore, up from ₹2,258.12 crore, though it came in below the expected ₹2,538.39 crore.
On the other hand, IRFC (Indian Railway Finance Corporation) reported mixed results for its Q4. While the company’s revenue grew by 3.8% to ₹6,723.80 crore, up from ₹6,477.99 crore in the same quarter last year, net profit fell by 2%, reaching ₹1,681.87 crore compared to ₹1,717.32 crore in the previous year.
FII & DII Activity on 28 April
The active participation from both Foreign Portfolio Investors (FPIs) and Domestic Institutional Investors (DIIs) is definitely a strong indicator of confidence in the Indian market. With FPIs buying shares worth Rs 2,952.33 crore and DIIs being net buyers by Rs 3,539.85 crore, this signals that institutional investors are betting on the market’s continued growth. Despite earlier sell-offs, this influx of funds from both domestic and foreign investors is likely providing a solid foundation for the ongoing rally.