The BSE Sensex closed with a solid gain of 1,578 points, or 2.10%, at 76,734.89, while the NSE Nifty50 ended at 23,328.55, up 500 points, or 2.19%. This surge was driven by positive global cues and easing trade war jitters, alongside expectations that India will remain relatively less impacted by the US tariffs.
The India VIX, a measure of market volatility, dropped by nearly 20% to reach levels near 16, suggesting a calmer outlook in the market. The broader market also witnessed strong participation, with the BSE Midcap and Smallcap indices gaining 3.02% and 3.21%, respectively.
Impact on the stock market
All major sectoral indices closed in the green, with Nifty Realty emerging as the top performer, gaining 5.64%.
Nifty Auto followed closely with a 3.39% increase, while Metal rose by 3.20%. Media, Financial Services, and Private Bank sectors also saw solid gains of 2.97%, 2.95%, and 2.82%, respectively.
Nifty Bank ended the day up by 2.70%.
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| Sector/Index | Performance |
| IT & BPM sector | 1.63% |
| Healthcare sector | 1.88% |
| Oil & Gas sector | 1.57% |
| Real estate sector | 5.64% |
| PSU Bank in India | 1.57% |
Top gainers today
| Company | Price | Change % |
| IndusInd Bank Share Price | 735.90 | 6.73 |
| Shriram Finance Share Price | 672.00 | 5.20 |
| Tata Motors Share Price | 622.20 | 4.56 |
| Larsen Share Price | 3,257.60 | 4.55 |
| Adani Enterpris Share Price | 2,418.20 | 4.17 |
Top losers today
| Company | Price | Change % |
| ITC Share Price | 420.40 | -0.27 |
| HUL Share Price | 2,361.50 | -0.20 |
Market aftermath: Impact on stocks
Indian Hotels: A 6% jump
Indian Hotels shares gained 6.14% today, closing at ₹ 837 per share. This surge came after the Tata Group hospitality firm announced an expansion of its portfolio to 380 hotels by launching properties at 100 new locations in FY25. The stock even reached an intraday high of ₹ 838.05.
With the hospitality sector in focus, this strong performance indicates investor confidence in Indian Hotels’ strategic expansion plans. The 6% rise stands as a notable indicator of the company’s growth trajectory as it works to increase its hotel offerings in India.
Also read: Indian Hotels vs EIH Ltd: A comparative analysis
GM Breweries: A mixed bagA
GM Breweries, the liquor-maker, reported a significant drop in net profit for Q4 FY25. The company’s net profit tumbled 30% YoY, coming in at ₹ 60.46 crore, compared to ₹ 87 crore in the same quarter last year. Despite this, the company did report an increase in its revenue from operations, which grew by over 6% YoY, reaching ₹ 663 crore for Q4.
In line with its Q4 results, GM Breweries declared a dividend of ₹ 7.5 per equity share, which will be subject to shareholder approval. Despite the profit dip, the stock remained resilient, climbing over 2% to ₹ 655 per share by afternoon trading. The company’s performance illustrates the challenges faced by the liquor sector, but its ability to maintain a steady revenue stream amid high expenses is something investors are watching closely.
Transrail Lighting: A strong rally
Transrail Lighting, a recent stock market debutant, saw its shares soar 9.37% today, closing at ₹ 495.7 per share. The company recently secured an impressive ₹ 1,085 crore order in the domestic market, which caused a surge in investor confidence.
The stock has been gaining momentum in the past few days, rising by nearly 11% in the last two trading sessions. This growth is a reflection of investor optimism in the company’s prospects in the power transmission and distribution (T&D) sector.
CEO Randeep Narang expressed satisfaction over the order win, noting that it reinforces Transrail’s position in the market and supports its continued growth. Since its stock market debut in December 2024, Transrail has proven to be a strong player in the infrastructure sector.
Crude oil: US steps in to fill Russia’s supply gap
Crude oil imports from the US saw a significant jump in 2024, helping India fill the gap left by reduced Russian oil shipments. According to the US Energy Information Administration (EIA), India’s crude oil imports from the US rose by 32.74% YoY, reaching 223,000 barrels per day (b/d). This surge comes as India attempts to balance its oil supply from other sources, especially given the decrease in Russian imports.
In addition, India’s consumption growth outpaced China’s in 2024, further driving the need for increased energy imports. The US, now India’s fifth-largest source of crude oil, has become a crucial partner in meeting India’s energy demands, particularly as Russia’s oil prices become less competitive.
The rise in US crude oil imports is a reflection of the changing dynamics of global oil markets, where the US is gradually strengthening its foothold in Asia, including India. As India continues to increase energy imports, it may further diversify its sources, especially in LNG, which has higher potential for growth.
Conclusion
Today’s stock market performance was a reminder of how quickly things can change. While some stocks, like Indian Hotels and Transrail Lighting, surged due to positive developments, others like GM Breweries struggled with earnings concerns. The broader indices, though, showed some vulnerability as investors await key decisions from the US Federal Reserve.
The surge in US crude oil imports reflects the changing nature of global trade, especially in energy, and India’s increasing reliance on the US for its oil supply. As the financial year progresses, these shifts could have far-reaching implications for both the stock market and broader economic trends.
So, what does the future hold for the Indian stock market? Are we in for more volatility, or will the financial sectors continue to lead the charge? Only time will tell, but today’s market was certainly a reminder of how quickly things can change in the world of investing.
For more stock market insights, check out the StockGro blog.
