Banking stocks continued to lead the gainers on Wednesday, while metal, IT, auto and oil & gas stocks experienced selling pressure.

The broader indices were steady, limited by US trade exposure. Sensex traded at 76,751.34, up 16.45 pts or 0.02% as at 12.04 pm, and Nifty 50 inched up 13.50 pts or 0.0 per cent to 23,342.05.

Nifty midcap 100 traded flat at 52,179.05, and Nifty smallcap 100 inched 0.70 per cent to 16,292.85.

India VIX declined 4.68 per cent to 15.37.

Meanwhile, the global markets exhibited mixed sentiment.

Top gainers & losers today

Shares of IndusInd, Axis Bank, Trent, HDFC Life and Eicher Motors led the gainers of Nifty 50 components, while Hindalco, Maruti, Bajaj Auto, JSW Steel and Shriram Finance declined.

Swan Energy, Aegis Logistics, Nuvama, NBCC and ITI soared over 5 per cent among smallcap, while NTPC Green, IREDA, Indian Bank, Paytm and Bank of India gained 3-8 per cent among midcap index.

In addition, shares of Gensol Engineering continued to trade at its lower circuit at ₹122.69, down 5 per cent on the NSE, as SEBI barred the company and promoters (Anmol Singh Jaggi and Puneet Singh Jaggi) from the securities markets till further orders in a fund diversion and governance lapses case.

Stocks in action

IndusInd shares gained momentum, leading the pack of gainers with 5.50 per cent uptick to ₹776.40 on the NSE, after hitting a high of ₹780.20. The stock has been in focus following PwC external agency confirmed discrepancies in the bank’s derivatives portfolio, and estimated of a ‘negative impact’ of ₹1,979 crore on the bank’s financials as on June 30, 2024.

Axis Bank followed with 3.65 per cent increase to ₹1,153.40.

On the flip side, Hindalco shares fell 1.70 per cent to ₹607.10.

Auto stocks: Maruti declined 1.65 per cent to ₹11,659 and Bajaj Auto dropped 1.21 per cent to ₹7,899.

JSW Steel slipped 0.96 per cent to ₹998.30.

Shares of Wipro, Angel One, Waaree Renewables are also in focus today as these companies are set to announce Q4 results. Track live updates here

Meanwhile, shares of IREDA, ICICI Prudential Life and ICICI Lombard were in action following Q4FY25 results. IREDA and ICICI Prudential soared over 6 per cent, while ICICI Lombard traded in negative territory.

Nearly 2,039 stocks advanced out of 2,850 that were traded on the National Stock Exchange as at 12.28 pm, while 732 declined.

Websol Energy, ITI, Sky Gold, Max India, Orchid Pharma and Oriana were among the 108 stocks that hit the upper circuit today.

HDFC Bank shares hit 52-week high of ₹1,883.80 before trading at ₹1,861.80 as at 12.31 pm.

On the BSE, shares of JBM Auto, Gujarat Mineral Development Corporation and Garware Hi Tech rallied 10-11 per cent. MGL, Coromandel International, Inox Green and Fortis shares fell 3-5 per cent.

Published on April 16, 2025