Business EconomyPosted at: Apr 17 2026 4:36PM


Markets rebound: Sensex jumps 505 pts, Nifty tops 24,300

New Delhi, April 17 (UNI) The Indian stock market on Friday recouped losses and ended higher. Nifty was above 24,300, supported by positive geopolitical developments. At close, the Sensex was up 504.86 points or 0.65 percent at 78,493.54, and the Nifty was up 156.80 points or 0.65 percent at 24,353.55.
Nifty Midcap index adding 1.2% and Smallcap index rising 1.5%. For the week, BSE Sensex and Nifty added 1.2 percent each.
Among the sectors, all the indices ended in the green with FMCG, media, metal, oil & gas, power, capital goods, consumer durables, and energy up 1-2%.
On Nifty, the gainers were HUL, Nestle, JSW Steel, Power Grid Corp, and Apollo Hospitals, while on the losing end were Wipro, HDFC Life, Sun Pharma, L&T, and M&M.
Over 160 stocks touched their 52-week high on the BSE. These included Lloyds Metals, Siemens, ABB India, Apar Industries, NLC India, Adani Energy, BHEL, Adani Power, Anand Rathi, Syrma SGS, Welspun Corp, Granules India, Aurobindo Pharma, SAIL, Tata Power, J&K Bank, Gujarat Mineral, among others.
In today's session, investors earned about Rs 5 lakh crore as the overall market capitalisation of BSE-listed firms rose to nearly Rs 466 lakh crore from Rs 461 lakh crore in the previous session.
Among the specific performers, Ola Electric Mobility also witnessed strong buying interest, with the stock rising 5.5%. Wipro shares dropped 2.8% after its March quarter results.
Shares of Kalyan Jewellers India fell nearly 6%. Titan, which sells jewellery under the Tanishq brand, was also in the red as its shares were trading down 1.02%.
Rupee traded stronger at 93.24, up by 0.15%, supported by a softer dollar index hovering near 98.
Oil prices declined in early Asian trade on optimism that the West Asia conflict may be nearing a pause after a 10-day ceasefire.
Brent crude futures dropped $1.34, or 1.35%, to $98.05 a barrel at 0021 GMT while the US West Texas Intermediate crude fell $1.65, or 1.74%, to $93.40 a barrel.
Gold prices were largely steady, with the spot gold price flat at 4,789.67 per ounce, but up 0.9% for the week. US gold futures for June were steady at $4,809.30. MCX gold rate for June futures contracts was trading 0.01% higher at ₹1,53,168 per 10 grams. UNI VK SAS
UNI VK SAS AKU
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Tags: #Markets rebound: Sensex jumps 505 pts# Nifty tops 24#300
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