Share Market Highlights 25 April 2024: Sensex gains 486 pts, Nifty settles at 22,570, PSU bank stocks shine

Sensex, Nifty updates on 25 April 2024: Rising for the fifth straight session, equity benchmark Sensex rallied nearly 500 points to reclaim the 74,000 mark while the Nifty closed above the 22,550 level on Thursday, driven by heavy buying in banking, financial and metal stocks. Recovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44. The NSE Nifty advanced 167.95 points or 0.75 per cent to 22,570.35. From the Sensex basket, Axis Bank jumped 6 per cent after the company reported a consolidated net profit of ₹7,599 crore during the March 2024 quarter. State Bank of India, NTPC, Nestle, Sun Pharma, JSW Steel, ITC, Mahindra & Mahindra and HCL Technologies were among the other major gainers. Kotak Mahindra Bank tanked 10.85 per cent after the RBI barred the company from onboarding customers online and issuing credit cards. Read More | Source: The Hindu Business Line

Leave a Reply

Your email address will not be published. Required fields are marked *