Indian stock markets opened higher on Stock Market Today April 22 2025, with Sensex and Nifty posting early gains. Metal stocks led the rally, while IT shares like Infosys declined. Get the latest market update and stock highlights.
Date: April 22, 2025
Mumbai – Indian stock markets opened on a slightly positive note on Tuesday, April 22, 2025, driven by gains in metal and financial stocks, even as IT shares witnessed selling pressure. The BSE Sensex rose 97.67 points to 79,506.17 while the Nifty 50 climbed 25.40 points to reach 24,150.95 in early trade.
Sectoral Overview:
The market saw mixed sentiment across sectors. The Nifty Metal index led the rally, buoyed by gains in Tata Steel and JSW Steel, which surged 1.3% and 0.8% respectively. This came after the government imposed a safeguard duty on select steel imports to combat price dumping, particularly from China.
On the flip side, IT stocks came under pressure with the Nifty IT index slipping 0.7%. Infosys shares dropped by over 2%, contributing to the drag on the benchmark indices. Analysts attribute the decline to weak global cues and profit booking in the tech segment.
Financial stocks were in focus after the Reserve Bank of India (RBI) released new Liquidity Coverage Ratio (LCR) guidelines. The Nifty Financial Services index gained 0.4%, reflecting cautious optimism among investors.
Midcap and Smallcap indices also showed strength, each rising by nearly 0.5%, signaling growing investor confidence in the broader market.
Stocks in the Spotlight:
- IndusInd Bank shares tumbled over 6% in early trade amid heavy selling.
- Paytm remained in focus as its investment arm revised margin trading charges, stirring interest among retail investors.
- Coal India gained attention after announcing a major ₹16,500 crore power project in Jharkhand.
Technical View:
According to market experts, the Nifty 50 is expected to face resistance near the 24,250 to 24,370 range, while support lies at 23,980 and lower at 23,830. Traders are advised to remain cautious amid global uncertainties and upcoming corporate earnings.
Conclusion:
Despite global market volatility, the Indian stock market opened on a stable note, supported by positive domestic developments. While IT stocks weighed on the indices, strength in metal and banking stocks helped limit downside risks.
Also Read: Stock Market Update April 21 2025: Sensex and Nifty Hit Record Highs
Gold prices reversed course after a record-setting rally, as Reuters reported a drop to $3,306.50 amid easing US-China tensions.
According to MarketPulse by OANDA, analysts see further downside if trade optimism continues to build.
The stronger U.S. Dollar Index also played a role in pressuring gold prices lower on April 27, 2025.
For deeper insight into global financial trends, visit the World Gold Council.
Read more about global stock market updates from earlier this week.
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