Indian Stock Market Rebounds After Initial Dip, Sensex and Nifty Inch Up

Market Opens with Volatility Before Recovery

April 16, 2025 The Indian stock market began on a volatile note today, opening with gains but quickly slipping into the red as early selling pressure set in. However, the market rebounded within the first hour as strong buying support helped the indices recover, leading to marginal gains for both the BSE Sensex and NSE Nifty.

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The Sensex opened at 76,996.78, rising by 261.89 points, while the Nifty began the session at 23,344.10, up 15.55 points. Within minutes of opening, both indices dipped due to investor profit-booking, pushing the Sensex down to 76,569.59 and the Nifty to 23,277. Strong buying interest, however, brought them back into the green.

By 10:15 AM IST, the Sensex was trading 68.86 points higher at 76,803.75, and the Nifty was up 27.25 points at 23,355.80.

Top Gainers and Losers

Among the major gainers were IndusInd Bank, Trent Limited, Axis Bank, HDFC Life, and Jio Financial, with gains ranging from 1.41% to 2.72%. On the flip side, Maruti Suzuki, Hindalco, Bajaj Auto, and Sun Pharmaceuticals were among the top laggards, showing losses between 0.94% and 1.48%.

A total of 2,402 stocks were actively traded on the BSE in early trade, with 1,788 advancing and 614 declining. On the Sensex, 16 of the 30 constituents were trading in the green, while 14 were in the red. The Nifty showed a similar trend, with 27 advancing stocks and 23 declining.

Tuesday’s Rally Sets the Tone

This cautious optimism follows a significant rally in the previous session on Tuesday, when the Sensex surged by 1,577.63 points (2.10%) to close at 76,734.89. Meanwhile, the Nifty climbed 500 points (2.19%) to finish at 23,328.55. This upward momentum, driven by strong corporate earnings and global cues, helped boost investor sentiment leading into Wednesday’s trade.