Stock Market Today: Nifty, Sensex Reverse Single-Day Decline; Banking Stocks Lead, IT Drags

• The benchmark equity indices ended the volatile week higher on Friday, snapping a one-day fall.

• Intraday, both Nifty and Sensex had risen over 2%.

• Nifty ends 429.40 points or 1.92% higher at 22,828.55.

• Sensex ends 1,310.11 points or 1.77% down at 75,157.26.

• Broader indices also closed higher. Nifty Midcap 100 ended 1.85% higher; and the Nifty Smallcap 100 outperformed at a 2.88% advance.

• All sectoral indices rose with Nifty Metal and Energy leading the pack.

• The market breadth was skewed in the favour of buyers, as 1,284 stocks advanced, 267 declined and nine remained unchanged on the NSE.

• HDFC Bank, Reliance Industries, Bharti Airtel emerged as the top gainers for the day.

• On the other hand, Tata Consultancy Services, Asian Paints and Apollo Hospitals were the worst performers of the Nifty 50 index.

• Nifty falls second week in a row, smallcaps outperform

• Nifty Realty worst performing sector for the week, falls third week in a row

• Nifty Realty, Metal, Pharma, Auto fall third week in a row

• Nifty IT falls second week in a row

• Nifty PSU Bank snaps three-week gaining streak

• Nifty Bank, Finserv fall second week in a row

• Nifty FMCG top performing sector this week

• Nifty FMCG gains fourth week in a row, longest gaining streak since July 2024

• Nifty Bank closes near 200-DMA

• Nifty Smallcap 250 closes near 20-DMA

• Nifty Smallcap 250 closes near 50-DMA

• Nifty PSE closes near 100-DMA

• Nifty Pvt Bank closes above 200-DMA

• Rupee strengthened 65 paise to close at 86.05 against US dollar 

• It ended at 86.70 a dollar on Wednesday

• The dollar index hit the lowest level since April 5, 2023

Source: Bloomberg

The Maharashtra Cyber Department has issued a whitepaper to ticketing platforms (BookMyShow etc), outlining measures to curb exorbitant pricing and black marketing of concerts and live shows. Failure to comply may result in legal action

Source: NDTV

• FY25 total volume grew to 5.09 million versus 4.72 million twenty-foot equivalent unit

• January-March total volume at 1.35 million versus 1.24 million TEU

Source: Exchange Filing