The Indian stock market extended its rally with the Sensex closing at 79,595.59 on April 22, marking the sixth consecutive session of gains. On April 23, the Sensex and Nifty opened significantly higher amid optimism over easing US-China trade tensions and comments from former President Donald Trump suggesting tariffs on Chinese imports might be less severe than previously anticipated. The Sensex surged by over 520 points to close above 80,000 at 80,124.46, while the Nifty climbed past 24,300, closing at 24,350.15. Gains were supported by positive global cues, including a rise in Seoul shares to a one-month high and Wall Street's positive close on earnings and trade optimism. IT stocks led the Indian market's advance. However, the Bank Nifty saw a reversal, snapping a six-day rally and slipping 1.5% from its day's high, with Canara Bank and HDFC Bank among the top laggards. On April 24, the market opened muted with both Sensex and Nifty slipping below key levels amid mixed global signals, ending the seven-day rally. The Sensex fell below 80,000, and the Nifty slipped under 24,300, reflecting caution ahead of upcoming quarterly earnings from companies such as HUL, Nestle India, and Axis Bank.
Opening Bell: Indian Stock Market Opens Muted: Sensex Falls Below 80K, Nifty Slips Under 24,300 Amid Mixed Global Cues https://t.co/cLc6x0JdO1
#MarketsWithMC | Nifty, Sensex poised for a muted start after 7-day rally amid mixed global cues Read for more 👇 https://t.co/pypUgk93f7 #Nifty #Sensex #StockMarket
Sensex Today, Stock Market LIVE Updates April 24: Can BULLS continue their march on D-Street? Gift Nifty signals muted start; HUL, Nestle India, Axis Bank Q4 today https://t.co/J46jEDbKBe