Get App
POST MARKET REPORT
Indian benchmark indices Nifty and Sensex snapped a seven-day gaining streak to end lower with modest losses on April 24, as Nifty 50 closed below 24,300 on selling pressure across sectors.
At close, the Sensex was down 315.06 points or 0.39 percent at 79,801.43, and the Nifty was down 82.25 points or 0.34 percent at 24,246.70. About 1869 shares advanced, 1921 shares declined, and 144 shares remained unchanged.
HUL, Bharti Airtel, Eicher Motors, ICICI Bank, and Eternal were among the major losers on the Nifty, while gainers were IndusInd Bank, UltraTech Cement, Grasim Industries, Tata Motors, and Dr Reddy’s Labs.
Among sectors, FMCG, realty shed 1 percent each, while the pharma index added 1 percent. Nifty Auto, Bank, IT, and Realty also ended lower in the range of 0.4 to 1.4 percent.
Broader markets mirrored the weak trend. The Nifty Midcap 100 index slipped 0.2 percent, while the Nifty Smallcap 100 closed marginally lower, giving up slight gains after a sharp rally in recent sessions.
STOCKS TODAY
Samhi hotels
The shares of the company increased nearly 11 percent on April 24 after the company announced that they have entered into a strategic partnership with global institutional investor GIC worth a Rs 752 crore stake in three subsidiaries of the firm. After the transaction closes, the company expects its debt to be reduced by nearly Rs 580 crore. This will have a positive impact of 15 to 20 percent on the company’s net profit. The shares of the company closed at Rs 192.20 per share.
Divi’s laboratories
The company’s share price surged over 5 percent on Thursday after the brokerage Citi maintained its ‘Buy’ rating on the counter. The analysts see up to 19 percent upside potential in the stock from the current levels. The shares of the company closed at Rs 6224.50 per share. The stock has been gaining for the last four days and is up nearly 11 percent in the period.
Syngene International Limited
Shares of the service-based company tumbled 10% on Thursday, April 24, 2025, as the company announced a 3% year-on-year decline in consolidated net profit to Rs 183 crore for Q4 FY25, down from Rs 189 crore in the same period last year.
Adani Energy Solutions
The shares of the company surged over 3 percent on April 24 after the company reported a net profit of Rs 647.15 crore in Q4 FY25. This marks a rise of over 79 percent from the Rs 361.44 crore net profit reported in Q4 FY24. Adani Energy Solutions shares were trading at Rs 967.80 apiece after the release of the results.
Bharat Heavy Electricals Limited
BHEL’s shares dropped around 1 percent on April 24 after a huge fire broke out at the premises of its Bhopal unit. Notably, the company’s Bhopal plant is among the oldest heavy electrical equipment manufacturing plants in the country. The company’s Bhopal plant is among the oldest heavy electrical equipment manufacturing plants in the country.
Source – Money Control
Disclaimer: Investments in the Securities market and Mutual Funds are subject to market risks. Read all the related documents carefully before investing | The securities are quoted as an example and not as a recommendation | Brokerage will not exceed the SEBI-prescribed limit | Margins will be collected as per the exchange norms.