Real estate and auto stocks continued to drive market momentum. Among the components of the NIFTY 50, shares in Indusind Bank, Larsen & Turbo, Tata Motors, Shriram Finance, Adani Enterprises and Port Adani are traded among the major acquirers. At the time of writing, only Nestlé and ITC were skiing to trade in red.
The broader benchmark index continued to trade higher as it eased global trade tensions and tolerated Trump’s tariffs.
Sensex surged to 76,831.17 to 1673.91 points or 2.23 percent at 12:51 pm, while the Nifty 50 surged to 23,343.65 at 515.10 pts or 2.26 percent.
India VIX fell 18.27% to 16.43. The NIFTY MIDCAP 100 rose 2.21% to 51,618 at 12:55pm, while the Nifty SmallCap 100 rose 2.86% to 16,144.50.
Almost 2,434 shares have moved forward, with 310 downing all 2,818 shares traded on the national stock exchange.
Top gains and losers today
Indusind’s shares led the winners to £734.90 at a 6.58% rally.
L&T followed £3,262 with a surge of 4.69%.
Auto Major Tata Motors rose 4.51% to £621.90. Motherson, Bharat Forge shares and MRF also rose 4-7%. Market experts believe the sector is gaining momentum as Trump is considering exemptions from tariffs on imported vehicles and auto parts.
Sriram Finance rose 4.92% to £670.25.
Two Adani Group stocks, Adani Enterprises and Adani Ports, also surged at nearly 4%. Adani’s stock gained traction following a WSJ report that said it was retreating from some kind of white-collar law enforcement.
Adani Green Energy shares have surged to £929.60, surged 4% at the time of writing.
Transformers and Rectifiers (India), Sagritis, Garware High Tech, Ranpharmer was one of 149 stocks that hit the upper circuit today.
Nestle India slipped 0.09% to £2,359.20, while ITC fell 0.11% to 421.10.
Additionally, shares in KEC International, Kaynes, BLS, HFCL and INOX Wind rose 6-10% on SmallCap, while Mazagon Dock, Ireda and Supreme Industries surged 5-10%.
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Released on April 15, 2025
