Indian Stock Market Today: The Indian stock market showed some strength in the week ending 25 April 2025. The Nifty 50 index rose by 0.8%, closing at 24,039.35, while the Bank Nifty climbed 0.6% to 54,664.05. Among the sectors, IT, Auto, Realty, and Pharma performed well, but FMCG stocks were under pressure. Broader indices also moved up between 0.8% and 1.7%.
Experts suggest that if the Nifty 50 remains below 24,100, a further correction could push it down to 23,800 or even 23,700. However, if Nifty crosses 24,100, it could trigger a fresh rally towards 24,400 or 24,500. For the Bank Nifty, the critical level to watch is 55,000, according to technical experts.
This week marks the start of a new month and is also a holiday-shortened week. Investors will keep an eye on important economic data like the Index of Industrial Production (IIP) and the HSBC Manufacturing PMI. Monthly auto sales numbers will also be watched closely.
Another key point is the growing tension between India and Pakistan, which could create market volatility. Investors are advised to be cautious. Meanwhile, major companies such as BPCL, IOC, Kotak Mahindra Bank, SBI, Bajaj Finance, TVS Motor, and UltraTech Cement will announce their quarterly results this week. Global updates on tariffs and trade policies may also impact sentiment.
Research experts say that any developments in India-Pakistan relations could make the Indian market more volatile in the short term. Still, company-specific and sector-specific actions will likely continue based on earnings announcements.
Several market experts have recommended stocks to watch:
Sumeet Bagadia’s Recommendations:
– Cholamandalam Financial Holdings Ltd: Buy at ₹1978, target ₹2111, stop loss ₹1900. The stock shows strong bullish momentum and consistent higher highs and lows.
– Thyrocare Technologies Ltd: Buy at ₹889, target ₹950, stop loss ₹858. The stock has broken out of a consolidation zone and shows renewed strength.
Ganesh Dongre’s Recommendations:
– Indian Energy Exchange Ltd (IEX): Buy at ₹190, target ₹198, stop loss ₹184. The stock shows a bullish engulfing pattern indicating reversal.
– Jindal Saw Ltd: Buy at ₹255, target ₹264, stop loss ₹250. The stock has shown a positive Morning Star pattern.
– ITC Ltd: Buy at ₹426, target ₹435, stop loss ₹418. ITC formed a hammer candlestick near its support area, suggesting a potential rise.
Shiju Koothupalakkal’s Recommendations:
– Archean Chemical Industries Ltd: Buy at ₹656.70, target ₹692, stop loss ₹640. A breakout above the 200-day moving average suggests continued upside.
– Hexaware Technologies Ltd: Buy at ₹704.85, target ₹740, stop loss ₹688. After a major correction, the stock has shown signs of recovery.
– Delhivery Ltd: Buy at ₹304.90, target ₹320, stop loss ₹297. Strong recovery from recent lows points to further upside.
The Indian stock market faces a crucial test this week with domestic data releases, corporate earnings, and geopolitical tensions all playing major roles. Investors should stay alert, focus on technical levels, and consider expert advice carefully before making any moves.
Disclaimer: The views and stock recommendations mentioned above are those of individual analysts and brokerage firms. They do not represent the views of this publication. Investors are advised to consult certified financial advisors before making any investment decisions.
Also Read: Indus Water Dispute: How Feasible Is India’s Plan