Stock Market Today: KFin Technologies Surges 7.69% to ₹1,133.30

On April 17, 2025, amid mixed performances rendered by various sectors, the Indian stock market bounced back, reflecting such resilience. While the IT sector missed its way, owing to lackluster earnings from major players, the financial and fertiliser sectors were there to lend their hands toward overall market optimism. Benchmark indices of BSE Sensex and Nifty 50 registered modest gains, reflecting a positive market feeling with gains stacked by select private banks, textile, and fertiliser firms.

Market Indices Performance

The BSE Sensex closed at 77,476.53, logging a rise of 432.24 points or 0.56%, while Nifty 50 reached 23,551.95 with an increase of 114.75 points or 0.49%. The Nifty Bank index advanced 1.06% to settle at 53,681.40.

Sectoral Movements

Troubles within the IT sector emerged as Wipro's lackluster Q4 results and guidance for the coming quarter cast a pall over sentiment; the Nifty IT index was down by 2.0%. Whereas the other end of the spectrum appeared to be the buoyancy in the financial sector as ICICI Bank and HDFC Bank rose by 1.9% and 1%, respectively, helping the Nifty Financial index to an increase of 0.4%.

Currency and Foreign Investments

The Indian rupee was 0.2% strong at 85.5225 for its fourth consecutive session of gains. This gain came as dollar inflows, presumably from custody clients of foreign banks helped counter the aggressive selling by overseas investors of Indian equities throughout April.

Stock Highlights

Fertilisers and Chemicals Travancore Ltd. was up 8.91% on the positive mood in the fertiliser sector.

KFin Technologies Ltd. rose by 2.48% to ₹598.90.

Delhivery Ltd. advanced by 0.92% to ₹449.65.

Ujjivan Small Finance Bank Ltd. registered an upsurge of 5.7% to end at ₹41.54 .

Vijaya Diagnostic Centre Ltd. added 0.73% to close at ₹611.95.

Sammaan Capital Ltd. appreciated by 5.55%, closing at ₹122.00.

Equitas Small Finance Bank Ltd. increased by 5.02% and closed at ₹64.02.

Quess Corp Ltd. appreciated by 5%, ending at ₹328.70.

Gujarat State Fertilizers & Chemicals Ltd. was up 4.72%, closing at ₹195.50 .

Market Outlook

Though the IT sector was with troubles, the market showed resilience backed by financial and fertiliser stocks. Analysts suggest a continuation of this positive momentum will lead the market to continue its northward journey in the sessions ahead.

The stock market represented a recovery on April 17, 2025, with key indices closing in the positive. Whereas the IT sector struggled in some pressure, other contributing sectors showed the market's positive performance that exhibited a sort of equilibrium.