Trendlyne Marketwatch
Trendlyne Marketwatch
15 Apr 2025
Market closes higher, Capacite Infra wins a Rs 220 crore order from TenX Realty
By Trendlyne Analysis

 

Nifty 50 closed at 23,328.55 (500, 2.2%), BSE Sensex closed at 76,734.89 (1,577.6, 2.1%) while the broader Nifty 500 closed at 21,279.40 (526.6, 2.5%). Market breadth is ticking up strongly. Of the 2,466 stocks traded today, 2,142 were in the positive territory and 286 were negative.

Indian indices closed in the green, driven by Trump’s tariff pause and easing wholesale inflation. The Indian volatility index, Nifty VIX, fell 19.8% and closed at 16.1 points. Companies like Tata Motors, Samvardhana Motherson, and Sona BLW closed sharply higher after US President Trump hinted at tariff exemptions for imported vehicles and auto parts.

Nifty Smallcap 100 and Nifty Midcap 100 closed in the green, following the benchmark index. Nifty Metal and Nifty Realty closed higher. According to Trendlyne’s sector dashboard, Fertilizers emerged as the best-performing sector of the day, with a rise of 6.5%.

European indices are trading mixed. Major Asian indices closed in the green. US index futures are trading mixed, indicating a cautious start to the session. The Trump administration said it is launching probes into pharma and semiconductor imports to assess whether to impose tariffs on these sectors. Meanwhile, Johnson & Johnson, Bank of America, Citigroup, PNC Financial, and United Airlines are set to report their earnings later today.

  • Money flow index (MFI) indicates that stocks like Britannia Industries, Tata Consumer Products, Marico, and Aster DM Healthcare are in the overbought zone.

  • Adani Group stocks rise amid reports that the Trump administration is stepping back from certain white-collar enforcement cases. These include foreign bribery, money laundering, and public corruption, easing concerns for global businesses. In November 2024, US agencies alleged that Adani executives paid $250 million in bribes for solar contracts.

  • Allied Blenders and Distillers falls sharply as the Andhra Pradesh special investigation team (SIT) freezes its bank accounts amid a liquor scam probe in the state.

  • Capacite Infraprojects rises sharply as it bags an order worth Rs 220 crore from TenX Realty for core civil and shell works of The Address Bandra project.

  • The International Energy Agency (IEA) significantly lowers its forecast for global oil demand growth in 2025, reducing it by 3,00,000 barrels per day. The revision comes amid escalating trade tensions dampening the global economic outlook. While the IEA remains more optimistic than other forecasters, it highlighted that President Trump’s broad tariff measures have affected oil consumption and introduced greater uncertainty into energy markets.

  • RateGain Travel Technologies rises as it partners with South America’s Sky Airline to enhance its pricing strategy. Sky Airlines will adopt RateGain’s AirGain platform to improve market competitiveness and drive revenue growth across its network.

  • Laurus Labs is rising as it receives an establishment inspection report (EIR) from the US FDA following an inspection at its API manufacturing facility, Unit 4, in Atchutapuram, Andhra Pradesh.

  • Adani Green Energy rises sharply as its operational capacity increases 30% YoY to 14.2 GW in FY25, driven by a greenfield addition of 3.3 GW. The company's energy sales rise 28% YoY to 27,969 million units during the year.

  • Macrotech Developers rises over 7% as the Lodha brothers amicably resolve all outstanding disputes through mediation. Macrotech Developers (owned by Abhishek Lodha) will have exclusive rights to use the brand names “Lodha” and “Lodha Group”, and Abhinandan will use the “House of Abhinandan Lodha (HoABL)” brand name exclusively.

  • Mahindra & Mahindra Financial Services is rising as its board of directors schedules a meeting for April 22 to consider a proposal to increase the borrowing limit.

  • Axis Securities recommends a 'Buy' rating on Jyothy Labs with a target price of Rs 405 per share. The brokerage notes that recent improvements are starting to pay off and expects the momentum to continue. It forecasts the company’s EBITDA margin to reach 16–17% by FY26, driven by a better product mix.

  • Motilal Oswal upgrades InterGlobe Aviation to a 'Buy' from ‘Neutral’ with a target price of Rs 6,550 per share. The brokerage believes stable Brent crude prices amid ongoing geopolitical tensions and strong domestic demand will benefit the company. It expects the firm’s net profit to grow at a CAGR of 38% over FY25–27.

  • India's wholesale price index (WPI) inflation declines marginally by 30bps to 2.1% in March. This decline was primarily due to a moderation in food prices, though manufactured products continued to exert some upward pressure.

  • Biocon rises sharply as its subsidiary, Biocon Biologics, enters a settlement and license agreement with Regeneron to market and sell Yesafili in the US. Yesafili is an interchangeable biosimilar to Eylea, used to treat ophthalmology conditions.

  • HDFC Bank rises sharply as it cuts savings account interest rate by 25 basis points to 2.75%, effective April 12. The bank’s savings rate now falls below its peers, ICICI Bank and Axis Bank, both currently offering 3%.

  • Havells India is rising as it invests Rs 600 crore for up to a 9.2% stake in Surat-based Goldi Solar to secure consistent access to key solar components, including modules and cells.

  • According to the Society of Indian Automobile Manufacturers (SIAM), India's domestic passenger vehicle sales rise 3.6% YoY to 3.8 lakh units in March and by 2% YoY to 43 lakh units in FY25. For March, domestic 2-wheeler and 3-wheeler sales increase 11.4% YoY and 10.5% YoY, respectively.

  • Dr Reddy's Laboratories is rising sharply as it denies reports of implementing a 25% cut in workforce costs.

  • Persistent Systems is rising as the National Company Law Tribunal (NCLT), Mumbai, approves the merger of its subsidiary, Capiot Software, with itself.

  • Poonawalla Fincorp is rising as it expands its lending portfolio to offer gold loans to expand its presence in the Tier 2 and 3 cities. The company plans to open 400 branches in FY26.

  • Suvankar Sen, MD & CEO of Senco Gold, says gold volume growth in Q4FY25 stands at 4-5%, with 80-85% of gold exposure hedged. He expects strong demand during the Poila Baisakh festival and notes rising average ticket prices. The Studded Ratio (proportion of precious or semi-precious gemstones w.r.t metals) for FY25 increases to 10.9%, up from 10.5% in 9MFY25.

  • Tata Motors, Samvardhana Motherson, and Sona BLW rise sharply by over 6% in trade as US President Trump hints at a tariff exemption for the automotive sector.

  • Adani Ports & SEZ is rising as its board of directors schedules a meeting on April 17 to consider a proposal to issue equity shares via a preferential issue.

  • Transrail Lighting is rising as it secures new domestic orders worth Rs 1,085 crore in its transmission and distribution (T&D) segment.

  • Home First Finance is rising as its board of directors approves the closure of its qualified institutional placement (QIP) of 1.3 crore shares worth Rs 1,250 crore at a floor price of Rs 1.019 per share.

  • Markets opened high. Nifty 50 was trading at 23,275.35 (446.8, 2.0%), BSE Sensex was trading at 76,500.08 (1342.8, 1.8%) while the broader Nifty 500 was trading at 21,129.95 (377.1, 1.8%).

  • Market breadth is ticking up strongly. Of the 2,030 stocks traded today, 1,861 were in the positive territory and 122 were negative.

Riding High:

Largecap and midcap gainers today include Mazagon Dock Shipbuilders Ltd. (2,661.30, 9.4%), Indian Renewable Energy Development Agency Ltd. (166.98, 8.3%) and Macrotech Developers Ltd. (1,214, 8.1%).

Downers:

Largecap and midcap losers today include Max Healthcare Institute Ltd. (1,074.10, -1.4%), Hindustan Petroleum Corporation Ltd. (379.10, -0.8%) and Berger Paints (India) Ltd. (526.40, -0.8%).

Crowd Puller Stocks

13 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Intellect Design Arena Ltd. (751.80, 13.8%), Data Patterns (India) Ltd. (1,878.70, 11.7%) and Anant Raj Ltd. (476.45, 8.5%).

Top high volume loser on BSE was Sheela Foam Ltd. (650.05, -1.1%).

KEC International Ltd. (711.40, 7.8%) was trading at 7.2 times of weekly average. JK Lakshmi Cement Ltd. (828.50, 5.0%) and Kalpataru Projects International Ltd. (936.95, 4.5%) were trading with volumes 5.0 and 4.5 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

8 stocks took off, crossing 52 week highs, while 1 stock hit their 52 week lows.

Stocks touching their year highs included - Bajaj Finance Ltd. (9,141, 2.5%), Bharti Airtel Ltd. (1,798.80, 2.4%) and Chambal Fertilisers & Chemicals Ltd. (664, 2.9%).

Stock making new 52 weeks lows included - Sheela Foam Ltd. (650.05, -1.1%).

40 stocks climbed above their 200 day SMA including PTC Industries Ltd. (14,514, 9.4%) and Kaynes Technology India Ltd. (5,520.90, 8.4%). 5 stocks slipped below their 200 SMA including Akzo Nobel India Ltd. (3,482, -0.8%) and Nestle India Ltd. (2,367.90, 0.3%).

 
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