The benchmark equity indices ended Friday’s trading session in the positive territory. The NSE Nifty 50 gained 83.95 points or 0.33% to settle at 25,235.90, while the BSE Sensex soared 231.17 points or 0.28% to 82,365.78.
The broader indices ended in green, with gain led by Large-cap and Mid-cap stocks. Pharma and Realty stocks outperformed where Media stock shed.
Sectoral Index
Bank Nifty index ended higher by 198.25 points or 0.39% to settle at 51,351. The Nifty Midcap 100 jumped by 402.70 points, or 0.68%, ending the day’s trading at 59,286.65. In the broader markets, small-cap and mid-cap stocks finished in the green.
Also Read
Sweet Deal! Sugar stocks surge 13% after govt removes cap on using juice for Ethanol supply
Top Movers for the day
Cipla, Bajaj Finance, Mahindra & Mahindra, Divis Lab, and NTPC were the top gainers on the NSE Nifty 50, while the laggards includes Tata Motors, HDFC Bank, Tech Mahindra, Coal India, and Reliance Industries.
The Indian Volatility Index (India VIX) closed down by 2.70% at 13.42.
Experts on Today’s Market Performance
“Global markets are currently resonating with the US Fed’s pledges of a rate cut in September. The US & Indian markets have regained the recent highs, reflecting the continuation of this optimism. However, the dollar is strengthening given healthy US GDP growth, strong retail sales and expectation that the upcoming US job claims will be steady leading to shallow rate cuts in the future,” said Vinod Nair, Head of Research at Geojit Financial Services
Nair also said that the domestic market is currently showing a positive bias, the Indian Q1 GDP growth is expected to be moderate, while premium valuation and a lack of fresh triggers could see further momentum buildup in value stocks.
Also Read
MSCI India August Rejig: RVNL, Dixon, 7 more stocks enter; to bring $5.5 billion in net inflows
Commenting on the same Ajit Mishra – SVP, Research, Religare Broking said that Markets edged higher, gaining nearly half a percent, continuing the current trend. Positive global cues led to a strong start, followed by a range-bound movement throughout the session. Most sectors participated in the rally, with real estate and pharmaceuticals among the top gainers. Broader indices also aligned closely with the benchmark, each advancing nearly half a percent.
Mishra also added that The recent market uptrend can largely be attributed to global stability and renewed foreign inflows. We expect this positive sentiment to continue, with the Nifty targeting the 25,500 mark soon. Among the key sectors, IT is demonstrating consistent strength, while others show selective participation. In this environment, traders should focus on stock selection, favoring those with relatively stronger performance.
Bank Nifty
Commenting on the Bank Nifty today Riyank Arora Technical Analyst at Mehta equities said that Bank Nifty is currently testing a critical level. A break below 51,372 would be a negative signal, indicating potential downside towards 51,100 and 51,000. The prevailing strategy remains ‘sell on rise,’ with expectations of continued profit booking at higher levels. A contra buy could be considered around the 50,800 – 50,900 levels if the index stabilizes.
Related Posts
By admin • April 9, 2025 • Atsushi Inaba is a co-founder of Platinum Games (The Wonderful 101, Bayonetta, Transformers: Devastation.) His job is to oversee all of the company's games "from the moment a project is kicked off until completion," he said, by way of introducing himself in his GDC session.
He started with a surprising definition of what an "action game" is.
When it comes to the game design, they're passive, he says. "It's a set of actions responding to output. You might be wondering what 'output' means," said Inaba. "Output refers to situation such as the enemy appearing right in front of you, or you being attacked."
"For example, attacking an enemy because it appeared in front of me, or dodging a bullet because the enemy attacking you, these actions are reactive moves taken against the output. Something happened, and you reacted…
By admin • April 3, 2025 • The Gamasutra Job Board is the most diverse, active and established board of its kind for the video game industry!
Here is just one of the many, many positions being advertised right now.
Senior Gameplay Engineer, thatgamecompany
Location: Santa Monica, California
The Senior Gameplay Engineer will be responsible for creating the most impactful interactive moments with the simplest possible execution. Our games rely on rich moment-to-moment feedback systems to accentuate a player’s actions and create a living world. We’re looking for a someone to bring our game worlds to life.
Some broad examples of the types of systems a person in this role might work on…
By admin • March 24, 2025 • In my years of reviewing NBA 2K games, I’ve come to appreciate–and even expect–the game to feel like an authentic love letter to basketball in so many ways. This has been a consistent attribute of the series going back over a decade. NBA 2K doesn’t just capture the culture of basketball; it helps shape it. No other game–not even Madden, despite the head start gifted to it by simulating Americans’ unique obsession with football–offers a total package as immersive and rewarding as NBA 2K. That’s why, in addition to my NBA 2K25 review–and so as not to become too bogged down in the ins and outs of it there–I’m also taking a moment to address the unfortunate pay-to-win economy still infecting what is otherwise the perennial sports game of the year.
If you don’t play NBA 2K, you may be unfamiliar with its woes in this regard, and if you do play it, you may have normalized it to the point that you no longer see it as a concern. Unlike other sports games in w…
By admin • March 21, 2025 • Just in time for spooky season, players of The Sims 4 got their first in-depth look at the popular life sim’s macabre new Life & Death expansion pack via a trailer released by EA. While every major Sims 4 expansion brings something new to the franchise, Life & Death may take the cake as far as expansion-exclusive careers go, as it lets players step into the otherworldly shoes of none other than the Grim Reaper himself.
But clocking in for a job that revolves around telling other Sims when to permanently clock out isn’t the only off-the-wall feature included in the new expansion pack. The trailer depicts a number of wild new activities for Sims to take part in. From planning the perfect funeral to executing the last will and testament of the deceased, The Sims 4 Life & Death expansion pack gives players access to an array of humorous (and at times, heartfelt) content to engage with.
By admin • March 21, 2025 • GameOn, Amazon’s mobile gaming capture app, has come to iOS after dropping on Android last November, and Amazon is looking to make it big. As reported by TechCrunch, the app allows users to capture gameplay clips from mobile games, which can then be saved to a library and posted publicly on the GameOn sharing platform. Come from malaysia online casino
Despite also being owned by Amazon, GameOn is completely separate to Twitch, with different branding and seperate user accounts. With in-built capture, editing tools, and a public highlight feed, GameOn looks to be more like a gaming-specific take on TikTok than it is a mobile version of Twitch. Clips made within GameOn are also designed to be shared outside the app “via social media services or by sending direct links to friends.”
…
By admin • March 19, 2025 • Late Monday morning, Prime Video announced that its live-action adaptation of the Fallout video game series has a release date. The new series, from Westworld creators Jonathan Nolan and Lisa Joy, will premiere on April 12, 2024. The Prime series will be an original story based on part of the lore of the games, but not an exact adaptation of the games themselves.
The announcement comes on the 26th anniversary of Fallout Day, the annual celebration of all things dedicated to best-selling video game franchise. Amazon Studios also launched the series’ official social media accounts with a special version of the iconic Pip-Boy interface from the games.
Streaming exclusively on Prime Video, the Fallout series will be available in more than 240 countries and territories worldwide.
Fallout features an all-star cast that includes Ella Purnell (Yellowjackets), Walton Goggins (The Hateful Eight), Aaron Moten (Emancipation), Moisés Arias (The King of Staten Island), Kyle Ma…