The 30-share Sensex gained 592.93 points, or 0.78%, closing at 76,617.44. The index traded in a range between 76,680.35 and 76,064.94 during the day.
Meanwhile, the Nifty50 also performed well, gaining 166.65 points or 0.72%, ending the day at 23,332.35. The Nifty traded between a high of 23,350 and a low of 23,158.45 during the session.
Impact on the stock market
All sectoral indices closed in the green, with the Nifty Realty index topping the list, gaining 3.61%. Other sectors, including Consumer Durables, Banks, and Financial Services, also recorded solid gains, rising by 2.51% and 2.50%, respectively.
On the other hand, sectors like Auto, Pharma, IT, Metal, Media, and Oil & Gas experienced more modest growth, with increases ranging from 0.2% to 0.8%.
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| Sector/Index | Performance |
| IT & BPM sector | 0.84% |
| Healthcare sector | 0.79% |
| Oil & Gas sector | 0.25% |
| Real estate sector | 3.61% |
| PSU Bank in India | 0.74% |
Top gainers today
| Company | Price | Change % |
| TATA Cons. Prod Share price | 1,062.70 | 7.10 |
| Zomato Share price | 212.03 | 4.96 |
| Titan Company Share price | 3,098.45 | 3.73 |
| IndusInd Bank Share price | 702.45 | 2.89 |
| Maruti Suzuki Share price | 11,716.10 | 2.05 |
Top losers today
| Company | Price | Change % |
| Bharat Elec Share price | 282.40 | -3.29 |
| UltraTechCement Share price | 11,250.95 | -1.12 |
| Nestle Share price | 2,210.70 | -1.04 |
| Power Grid Corp Share price | 286.75 | -0.88 |
| Larsen Share price | 3,419.90 | -0.49 |
Market aftermath: Impact on stocks
Kalyan Jewellers: Surge of 13%
Shares of Kalyan Jewellers surged by 13.18% on Wednesday, reaching an intraday high of ₹518.4 per share before settling at ₹512.8, up by 11.95%. The stock has now gained 26% over the last three weeks, largely driven by a surge in buying interest. The company saw a heavy volume of trades, with 3.8 crore shares changing hands, generating a turnover of ₹1,915.33 crore. This uptick in Kalyan Jewellers’ share price follows the recent surge in gold prices, which scaled new all-time highs, hovering near ₹91,000 per 10 grams. The market capitalisation of the company now stands at ₹52,892.01 crore.
Also read: Kalyan Jewellers Share Price Surges 28.5% in 6 Days
Godrej properties surge 5% following successful project launch
Shares of Godrej Properties surged nearly 5% on April 2, 2025, after the company announced it had sold ₹2,000 crore worth of homes at the launch of its luxury project, Godrej Riverine, in Noida.
Located in Sector 44, one of the key micro-markets in Noida, the project has received a strong response, with 275 homes sold at prices starting from ₹6.4 crore for 3 BHK apartments. The project’s success is seen as a reflection of the demand for luxury residential properties in well-connected urban areas.
Godrej Properties’ stock closed at ₹2,140 per share, driven by the impressive sales performance and the company’s strategic positioning in the real-estate market.
You may also read: Godrej Properties Increases QIP to ₹6000 Crore
IT Stocks: Tech Mahindra, Infosys, and Wipro rise up to 2%
In the IT sector, Tech Mahindra, Infosys, and Wipro saw buying interest ahead of the US government’s plan to impose reciprocal tariffs on global trading partners. As the Indian IT sector earns a significant portion of its revenue from exports to the US, these stocks were buoyed by investor optimism despite ongoing trade concerns.
The Nifty IT index gained 1.07% today, recovering after two days of losses. Tech Mahindra led the pack, rising by 2.21%, closing at ₹1,426.05 per share. This uptick was a positive development for the IT sector, especially with the broader concerns over potential tariffs.
Crude oil trades flat ahead of US tariffs
Crude oil futures remained largely flat on Wednesday morning as market participants awaited the implementation of US reciprocal tariffs. At 9:55 AM, Brent crude oil futures traded at $74.50, up by just 0.01%, while WTI crude oil futures were slightly higher at $71.25, up by 0.07%.
In India, April crude oil futures on the Multi Commodity Exchange (MCX) traded at ₹6,117, down by just 0.02%, while May futures were at ₹6,095, down by 0.05%.
Market participants are on edge, fearing that the US tariffs, especially the 25% tariff on auto imports, could spark a trade war and impact global oil demand. The recent rise in crude oil inventories in the US, coupled with increased sanctions on Russian and Iranian oil, has added to the market’s volatility.
Conclusion
The Indian stock market closed on a positive note today, with major indices gaining ground. Key stocks, including those in the IT sector, real estate, and consumer durables, showed strong performances. The market is in a phase of broad-based recovery, and sector-specific performances were encouraging, particularly in the real estate and IT spaces.
As the US reciprocal tariffs loom, markets are likely to remain volatile in the coming days. Investors should remain cautious while keeping an eye on developments in the global economy, especially with the looming trade tensions. However, today’s gains indicate a resilient market that continues to perform well despite external uncertainties.
For more stock market insights, check out the StockGro blog.
