Alok Industries Soars 18%; Gold Hits ₹1 Lakh & More
- Share.Market
- 8 min read
- 22 Apr 2025
Highlights
The benchmark indices extended their winning streak to a sixth straight day on Tuesday. The Nifty 50 rose 0.17% and the Sensex gained 0.24%, supported by gains in FMCG and private banking stocks. Among sectoral indices, Nifty Realty was the top gainer, jumping 2.42%, while Nifty IT was the biggest loser, down 0.57%.
Headline Indices
Sectors at a Glance
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty RealtyNIFTY REALTY | +2.42%+20.90 | 885.00 |
 Nifty FMCGNIFTY FMCG | +1.89%+1063.60 | 57193.80 |
 Nifty Consumer DurablesNIFTY CONSR DURBL | +1.50%+565.80 | 38172.35 |
Top Losers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty EnergyNIFTY ENERGY | -0.36%-124.40 | 34516.35 |
 Nifty InfraNIFTY INFRA | -0.49%-42.60 | 8686.00 |
 Nifty ITNIFTY IT | -0.57%-194.00 | 33941.05 |
*Prices shown may have delay up-to 15 minutes
What moved the market?
Top Gainers
Top Losers
*Prices shown may have delay up-to 15 minutes
Put Call Ratio of Nifty 50 (expiry: 24th Apr) is 1.06
Stocks In the News
Alok Industries gains after Q4 FY25 losses narrowed sharply, aided by management changes, and Reliance’s stake boosted investor confidence.
Waaree Energies and other energy stocks surged after the US imposed steep anti-dumping duties of 3,521% on solar imports from Southeast Asia, targeting companies in Cambodia, Thailand, Malaysia, and Vietnam. The tariffs address concerns over Chinese subsidies and the dumping of cheap solar products in the US market.
Hindustan Unilever completed the ₹2,706 crore acquisition of 90.5% stake in Uprising Science, making it and its subsidiaries part of the company as per a media report.
Paytm shares rose after Paytm Money cut margin trading interest rates to 9.75% and reduced brokerage to 0.1%, aiming to attract more investors.
IndusInd Bank shares fell over 6% after appointing EY for a second audit into a ₹600 crore microfinance discrepancy, raising governance concerns and potential losses of ₹2,000 crore.
India & The World
- Gold prices touched ₹1 lakh per 10 gm, and despite high rates, strong investment demand continues, fueled by global uncertainties and sustained central bank buying.
- The government imposed a 12% provisional safeguard duty on key steel imports to protect local industry from rising imports. The duty applies for 200 days, effective immediately.
- The US is urging India to ease e-commerce rules as part of wider trade talks. This push comes during VP JD Vance’s visit to India.
- Russia remained India’s top oil supplier in FY25, pushing OPEC’s share to a record low amid cheaper crude.
Back to Basics
Core vs Headline Inflation
Headline inflation measures the total rise in consumer prices, including essentials like food and fuel.
But food and fuel prices jump up and down due to seasonal changes or global events. That’s where core inflation comes in – it strips out these volatile items to show the underlying price trend.
Why should you care?
Because policymakers, like the RBI, focus on core inflation to set interest rates, it reflects long-term inflation pressure.
So while cheaper onions may cool headline inflation this month, core inflation tells you whether your rent, healthcare, and education costs are steadily rising.
IPO Corner
SME IPO
| Company | Date | Issue Price | Minimum Investment |
| Tankup Engineers | Opens on April 23, 2025, & closes on April 25, 2025. | ₹133 to ₹140 per share | ₹1,33,000 |
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Ami Organics | 25 Apr 2025 | 25 Apr 2025 | Stock Split | ₹10 to ₹5 |
| Muthoot Finance | 25 Apr 2025 | 25 Apr 2025 | Interim Dividend | ₹26.00 |
| Sanofi India | 25 Apr 2025 | 25 Apr 2025 | Final Dividend | ₹117.00 |
