News Image
The Hindu

Stock markets decline; trade lower dragged down by Axis Bank

Published on 25/04/2025 11:35 AM

The View From India

Looking at World Affairs from the Indian perspective.

Karnataka Today

Your daily dose of news highlights from Karnataka

First Day First Show

News and reviews from the world of cinema and streaming.

Today's Cache

Your download of the top 5 technology stories of the day.

Science For All

The weekly newsletter from science writers takes the jargon out of science and puts the fun in!

Data Point

Decoding the headlines with facts, figures, and numbers

Health Matters

Ramya Kannan writes to you on getting to good health, and staying there

The Hindu On Books

Books of the week, reviews, excerpts, new titles and features.

Updated - April 25, 2025 11:39 am IST - Mumbai

The 30-share BSE benchmark gauge climbed 329.23 points to 80,130.66 in early trade. The NSE Nifty rallied 118.75 points to 24,365.45. File

| Photo Credit: PTI

Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday (April 25, 2025) amid continuous foreign fund inflows and a rally in global markets, but failed to carry forward the winning momentum and were later trading lower dragged lower by Axis Bank.

The 30-share BSE benchmark gauge climbed 329.23 points to 80,130.66 in early trade. The NSE Nifty rallied 118.75 points to 24,365.45.

However, later both the benchmark indices gave up early gains and were trading lower. The BSE benchmark traded 174.24 points lower at 79,627.19, and the Nifty quoted 94.35 points down at 24,152.35.

From the Sensex firms, Axis Bank declined 3.50% after the country’s third largest private sector lender reported a marginal decline in March quarter profit to ₹7,117 crore from ₹7,130 crore in the year-ago period.

Adani Ports, Bajaj Finance, Bajaj Finserv, Tata Motors, Tech Mahindra and Eternal were also among the laggards.

However, Tata Consultancy Services, Infosys, Reliance Industries, HCL Tech, HDFC Bank and ICICI Bank were the biggest gainers.

In Asian markets, South Korea’s Kospi index, Tokyo’s Nikkei 225, Shanghai SSE Composite and Hong Kong’s Hang Seng were trading in the positive territory.

U.S. markets ended significantly higher on Thursday (April 24, 2025). Nasdaq Composite jumped 2.74%, S&P 500 surged 2.03% and Dow Jones Industrial Average climbed 1.23%.

Foreign Institutional Investors (FIIs) bought equities worth ₹8,250.53 crore on Thursday (April 24, 2025), according to exchange data.

Global oil benchmark Brent crude climbed 0.53% to $66.90 a barrel.

The 30-share BSE benchmark declined 315.06 points or 0.39% to settle at 79,801.43 on Thursday (April 24, 2025). The Nifty went down by 82.25 points or 0.34% to 24,246.70.

Published - April 25, 2025 11:35 am IST

market and exchange

/

economy, business and finance

/

business (general)

/

foreign exchange market