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The stock market of India experienced a mixed session on April 24, 2025, with the benchmark indices showing strength due to movements in sector-wise and some individual stock performances.
Performance of Benchmark Indices
The BSE Sensex finally terminated the session at 80,116.49, up by 520.90 points or 0.65%, whereas the NSE Nifty 50 finally settled at 24,328.95 levels, up by 161.70 points or 0.67%.
The main independent contributors to the positive closing were the strong performances in IT and pharma, accompanied by losses in FMCG.
Top Gainers
Newgen Software Technologies
Newgen Software stock surged by 14.36% to close at ₹1,135.80. The company has outperformed its sector and registered gains in a declining market for the second day in a row.
MMTC Ltd
The shares of MMTC Ltd rose 13.79% to end at ₹63.53. Among the top gainers in the 'A' group of the BSE, this stock was positioned.
Sonata Software
Sonata Software surged 12.6% to close at ₹369.20. The business has shown excellent short-term gains despite a negative trend in the broader market.
Natco Pharma
Shares of Natco Pharma gained 12.45% to ₹949.65. Showing strength in a mixed market was the stock.
VIP Industries
VIP Industries ended at ₹314.65, registering a rise of 6.81% in its stock price. The company gained due to positive investor sentiments prevailing in the household and personal products sector.
Divis Laboratories
The shares of Divis Labs finished off the session tripling 6% at a session-end rate of ₹6,280.00. The pharmaceutical company continued to build on momentum created by sectoral gains.
Apar Industries
Apar Industries surged by 5.31% over par at ₹5,625.50. The firm remained consistent under the harsh weather of mixed market sentiments.
IndusInd Bank
IndusInd Bank's shares rose up by 5.3% to end at ₹836.30. The bank was one of the major gainers in the Nifty Bank index with the support of large volumes.
Highlights of the Sector
Information Technology (IT)
The IT sector dominated gains, buoyed by strong earnings reports with motivated revenue guidance. HCL Technologies bore 8% on account of an unbridled outlook in revenue growth for financial year 2026, superior compared to its peers Infosys and Wipro.
Pharmaceuticals
Pharma shares had strong indications of buying traction in the marketplace for now five consecutive trading sessions. The gainers of this rally include Natco Pharma and Divis Labs.
Banking
The banking sector showed mixed skews, with a chunk of private banks suffering selling blues; however, a hefty buy stood for IndusInd Bank on being one of the top gainers.
FMCG
The marketplace was draggy under the FMCG banner through poor results by heavyweights in this sector.
Market Outlook
As per market analysts, the Indian stock markets should remain strong as long as FII inflow is continuous and corporate earnings remain productive, along with reduced global uncertainties. However, on the flip side, an investor should be cautious at least in terms of continuity with such fluctuations on account of any global economic developments or domestic reasons.