Stock Market News – 16th April, 2025

Nifty advances for the 3rd consecutive day; hits 2-week high intraday mainly led by IndusInd Bank & Axis Bank

China-US tariff war intensifies as the US slaps up to 245% tariffs on Chinese goods. Both sides exchange strong statements, with China warning it’s ready to fight till the end.

Q4 Business Update – Puravankara: Collections up 9% at Rs 3,937 crore year-on-year.

Wipro Q4 Results: Net profit rises 6.4% QoQ to Rs 3,570 crore; large deal wins jump 48.5%

Lupin, Zydus lost litigation on Myrbetriq in Federal Court on Patent 780.

Finance Minister Nirmala Sitharaman will visit the US to attend Spring Meetings.

Gensol crisis: BluSmart suspends cab bookings via app in parts of NCR and Bengaluru

Zepto changes parent name from Kiranakart for better brand recall ahead of IPO

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Markets at Close

16th April, 2025

Nifty above 24,400, Sensex up 309 points; media, financials rally

IndusInd Bank, Axis Bank, Trent, ONGC, Asian Paints were among major gainers on the Nifty, while losers were Maruti Suzuki, Hindalco, Bajaj Finance, L&T, Tata Motors. Among sectors, except auto, IT, pharma all other indices ended in the green with media, PSU Bank, oil & gas up 1-2 percent. BSE Midcap index rose 0.5 percent and smallcap index jumped nearly 1 percent.

Source : moneycontrol

Rupee at Close

16th April, 2025

Indian rupee ended marginally higher at 85.68 per dollar on Wednesday against Tuesday’s close of 85.77.

Source : moneycontrol

FII’s & DII’s Activity on 16th April, 2025

Net value in crores

BUYSELL
DII2,512.77
FII3,936.42
DIIs – Domestic institutional investors
FIIs – Foreign institutional investors

*Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

NOTE: *** The above information is based on the source and just for educational purposes only. Please consult your financial advisor before buying any stocks. Thank You ***

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