Post Session: Quick Review

Indian equity markets ended in a positive terrain on Monday, amid easing global trade tensions and sustained foreign fund inflows. Markets made a positive start and remained in green terrain throughout the day, supported by broad-based buying across most sectoral indices. A rally in heavyweight stocks such as Adani Ports, Adani Enterprises, Trent, Shriram Finance, and Mahindra & Mahindra further boosted investors sentiment.

Some of the important factors in trade:

India's forex reserve rises for 8th straight week: Market participants took some encouragement as Reserve Bank of India (RBI) said that India's foreign exchange reserves rose $1.983 billion to $688.129 billion in the week that ended on April 25, extending gains for the eight straight week.

India's economy is in good shape: Some support also came as Chief Economic Advisor (CEA) Dr V Anantha Nageswaran expressed confidence in the economy's resilience and said India's economy is in good shape despite the challenging global environment.

Sustained FIIs inflow: Foreign Institutional Investors (FIIs) bought equities worth Rs 2,769.81 crore on Friday, according to exchange data.

Global front: European markets were trading mixed as investors awaited new updates on the tariff front and looked ahead to interest rate decisions from the Federal Reserve and the Bank of England, due later this week. Asian markets ended mostly in green, as Indonesia's economy continued to expand strongly in the first quarter, though at the weakest pace in more than three years.

The BSE Sensex ended at 80796.84, up by 294.85 points or 0.37% after trading in a range of 80657.71 and 81049.03. There were 19 stocks advancing against 10 stocks declining on the index, while one stock remained unchanged. (Provisional)

The broader indices ended in green; the BSE Mid cap index was up by 1.45%, while Small cap index up by 1.23%. (Provisional)

The top gaining sectoral indices on the BSE were Oil & Gas up by 1.95%, Auto up by 1.88%, Consumer Discretionary up by 1.58%, Utilities up by 1.50% and Energy up by 1.49%, while Bankex down by 0.90% were the only loser index on BSE. (Provisional)

The top gainers on the Sensex were Adani Ports and Special Economic Zone up by 6.31%, Bajaj Finserv up by 3.73%, Mahindra & Mahindra up by 3.26%, Eternal up by 2.45% and ITC up by 1.87%. On the flip side, Kotak Mahindra Bank down by 4.50%, SBI down by 1.13%, Axis Bank down by 0.64%, Titan Company down by 0.62% and Indusind Bank down by 0.50% were the top losers. (Provisional)

Meanwhile, the Federation of Automotive Dealers Associations (FADA) has said that overall automobile retail sales in India grew a modest 2.95 per cent in April 2025 to 22,87,952 units with completion of purchases by customers around Chaitra Navratri, Akshay Tritiya, Bengali New Year, Baisakhi and Vishu helping April end on a positive note. Total automobile sales in India in April 2024 stood at 22,22,463 units.

FADA said all categories except commercial vehicles (CV) closed in the green, with two-wheelers, three-wheelers, passenger vehicles (PV) and tractor up 2.25 per cent, 24.5 per cent, 1.5 per cent, and 7.5 per cent, respectively, while CVs declined 1 per cent. Two-wheeler retail sales stood at 16,86,774 units in April 2025 as against 16,49,591 units in the same month last year, up 2.25 per cent. PV retail stood at 3,49,939 units in April 2025 as compared to 3,44,594 units in April 2024, up 1.55 per cent.  

It said CV retail sales declined 1.05 per cent to 90,558 units in April 2025 as against 91,516 units in April 2024. On the other hand, tractor retail grew 7.56 per cent to 60,915 units, compared to 56,635 units in the year-ago month. Three-wheeler segment witnessed a robust 24.51 per cent rise at 99,766 in April 2025 as compared to 80,127 units in April 2024. On the outlook, FADA said dealer feedback paints a nuanced picture for May across all segments with PV retails expected to hold steady but muted, as buyers await new-model roll-outs and contend with elevated financing costs.

The CNX Nifty ended at 24461.15, up by 114.45 points or 0.47% after trading in a range of 24400.65 and 24526.40. There were 38 stocks advancing against 12 stocks declining on the index. (Provisional)

The top gainers on Nifty were Adani Enterprises up by 7.44%, Adani Ports and Special Economic Zone up by 6.31%, Trent up by 4.45%, Shriram Finance up by 4.24% and Bajaj Finserv up by 3.63%. On the flip side, Kotak Mahindra Bank down by 4.59%, JSW Steel down by 1.85%, ONGC down by 1.73%, SBI down by 1.17% and Dr. Reddy's Lab down by 0.98% were the top losers. (Provisional)

European markets were trading mixed; France’s CAC fell 41.35 points or 0.53% to 7,729.13, while Germany’s DAX gained 106.62 points or 0.46% to 23,193.27.

Asian markets settled mixed in thin trade on Monday as markets in Japan, Hong Kong, mainland China and South Korea were closed for public holidays. Meanwhile, persistent uncertainty over US-China trade talks kept market sentiments mixed. US President Donald Trump said aboard Air Force One that his administration was engaged in trade talks with multiple countries, including China, with a fair trade deal being the primary objective. While he confirmed there were no immediate plans to speak directly with Chinese President Xi Jinping, he said discussions between US and Chinese officials were continuing.