Bull run continues on D-Street, Sensex Up 855 pts, Nifty above 24,000

The domestic share market indices for the fifth straight session on Monday, driven by robust Q4 results from top lenders such as ICICI Bank and HDFC Bank, coupled with steady foreign fund inflows. At close, the Sensex was up 855.30 points or 1.09 percent at 79,408.50, and the Nifty was up 273.90 points or 1.15 percent at 24,125.55. About 2829 shares advanced, 1093 shares declined, and 149 shares remained unchanged.
Tech Mahindra, Trent, IndusInd Bank, Power Grid Corp, and Hero MotoCorp were the top gainers on the Nifty,while losers included Adani Ports, HDFC Life Insurance, ITC, HUL, and Asian Paints.On the sectoral front,Nifty Bank registered a record high of 55,461 following robust results from ICICI Bank, HDFC Bank, and Yes Bank. Nifty IT gained 2.5 percent, led by Tech Mahindra and HCL Tech. Nifty Auto also advanced over 2 percent, with Metal, Oil & Gas, PSU Banks, and Realty indices rising more than 2 percent each. On the downside, Nifty FMCG slipped nearly a percent, dragged by ITC, HUL, and Varun Beverages, according to information. The broader market outperformed the frontline indices, with the Nifty Midcap 100 and Smallcap 100 rising 2.5 and 2.2 percent, respectively.
Rupee Close:
On 21 April'25,the Indian rupee sustained its rally for the fifth straight session and settled with gains of 25 paise at 85.13 (provisional) against the U.S. dollar on Monday, boosted by a sharp fall in the dollar index and a surge in the domestic equities. The dollar index has breached the 99 mark and is trading at its lowest level in three years. Moreover, fresh foreign fund inflows and decline in crude oil prices also favoured the rupee, forex traders reportedly stated.
Trading Guide:
Market experts recommended six shares to buy-Balaji Telefilms, Reliance Power, GMR Airports, Yes Bank, NFL,and IOB.

(Business Correspondent)