The benchmark equity indices, BSE Sensex and NSE Nifty50, settled in positive territory on Tuesday.
- The 30-share Sensex surged 535.24 points (0.71%) to 75,901.41, trading in the range of 78,512.96 – 78,622.88 throughout the day.
- The NSE Nifty50 also ended in the green, closing at 22,957.25, up 128.10 points (0.56%). The index hit a high of 23,137.95 and a low of 22,857.65 during the session.
Among Nifty50 constituents, 28 stocks ended higher, while 22 stocks closed in the red.
The broader market, however, saw pressure, as Nifty Midcap100 dropped 0.51%, and Nifty Smallcap100 fell 1.81%.
Impact on the stock market
Sectorally, it was a mixed day on the NSE:
- Nifty Bank, PSB, and Private Bank indices gained over 1% each, leading the rally.
- Nifty Realty Index stood out, surging 2%.
- Nifty Financial Services and Auto indices also posted gains of over 1% each.
- Meanwhile, Nifty FMCG, IT, Pharma, Healthcare, and Consumer Durables ended in the red, with losses extending up to 2.12%.
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| Sector/Index | Performance |
| IT & BPM sector | -0.57% |
| Healthcare sector | -2.12% |
| Oil & Gas sector | -0.64% |
| Real estate sector | 2.17% |
| PSU Bank in India | 1.71% |
Top gainers today
| Company | Price | Change % |
| Shriram Finance Share Price | 539.90 | +5.52 |
| Bajaj Finance Share Price | 7,674.15 | +5.19 |
| Axis Bank Share Price | 987.25 | +4.13 |
| Bajaj Finserv Share Price | 1,777.55 | +3.85 |
| Cipla Share Price | 1,448.40 | +3.75 |
Top losers today
| Company | Price | Change % |
| Sun Pharma Share Price | 1,712.00 | -4.19 |
| Britannia Share Price | 5,080.10 | -1.86 |
| NTPC Share Price | 317.95 | -1.32 |
| Grasim Share Price | 2,430.75 | -1.11 |
| Hindalco Share Price | 580.80 | -1.04 |
Market aftermath: Impact on stocks
Balkrishna Industries surges 7% post Q3 results
Balkrishna Industries was one of the star performers of the day, rallying 7% after reporting impressive Q3FY25 earnings.
- The company’s net profit jumped 47% YoY to ₹449.5 crore, compared to ₹305.4 crore in the previous fiscal.
- Revenue grew 12.6% YoY to ₹2,560.3 crore, compared to ₹2,274.4 crore in Q3FY24.
- Despite today’s gains, the stock has seen a 5% decline over the past month.
Apar Industries crashes 20% on weak earnings
On the flip side, Apar Industries witnessed a massive sell-off, dropping 20% after a disappointing Q3FY25 earnings report.
- The company’s net profit fell 19.6% YoY to ₹175 crore, compared to ₹217.8 crore in Q3FY24.
- Despite a 17.7% increase in revenue to ₹4,716 crore, profit margins were severely impacted by increased competition, particularly from China.
Hyundai Motor reports a 19% drop in net profit
Hyundai Motor India Ltd. also reported weak results, with a 19% YoY decline in consolidated net profit to ₹1,161 crore.
- Revenue from operations declined 1.1% to ₹16,323 crore, compared to ₹16,512 crore in Q3FY24.
- The company attributed the weaker numbers to lower domestic car sales and exports.
Also read: Hyundai Motor India IPO: SEBI Clears Largest Issue of FY
Crude oil futures rise amid US tariff talks
Crude oil prices edged higher on Tuesday as former US President Donald Trump announced plans to impose tariffs on imported commodities, including steel, aluminium, and copper.
- April Brent oil futures rose 0.30% to $76.41 per barrel.
- March WTI crude oil futures increased 0.29% to $73.38 per barrel.
- On the MCX (Multi Commodity Exchange), February crude oil futures traded at ₹6,355, up 0.87%, while March futures traded at ₹6,319, up 0.83%.
Despite the rally, market analysts remain cautious about further upside, with some suggesting that tariff concerns and US sanctions on Russian oil could impact prices in the coming months.
Conclusion
The Indian stock market saw strong gains in banking and financial stocks, helping Sensex and Nifty close in the green. However, broader market indices struggled, with midcap and smallcap stocks facing selling pressure. Balkrishna Industries surged post-Q3 results, while Apar Industries and Hyundai Motor faced sharp declines due to weak earnings.
Meanwhile, crude oil prices rose following Trump’s tariff announcement, adding another layer of uncertainty to global markets. As investors digest earnings reports and geopolitical developments, volatility is likely to remain high in the near term.
Stay tuned for more updates on market trends and stock movements!
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