• Source:JND
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Stock Market Today: The Sensex and Nifty equity benchmark indices posted gains in early trade on Friday, amid optimism over the India-US trade deal, record GST collections in April and steady foreign capital inflows. The 30-share BSE benchmark gauge rose 500.81 points to 80,743.05. The NSE Nifty rose 110.65 points to 24,444.85. In early trade, the Sensex rose 816.41 points to 81,064.47 and the Nifty rose 222.30 points to 24,556.50.

Gainers & Losers

Adani Ports, a Sensex conglomerate, rose nearly 5 percent after reporting a 50 percent jump in net profit for the March quarter and forecast a year-on-year revenue growth for the current fiscal, citing strong growth in port volumes and robust growth in its logistics business.

Maruti, IndusInd Bank, ICICI Bank, Eternal, Axis Bank and Band Mahindra & Mahindra were also among the gainers. Nestle, Bajaj Finserv, Titan and Hindustan Unilever traded in the red.

Goods and Services Tax (GST) collections in April rose 12.6 percent Y-O-Y to nearly Rs 2.37 lakh crore, the government said, showing the resilience of the Indian economy and the impact of the cooperative federation.

International Markets

In Asian markets, South Korea's KOSPI index, Tokyo's Nikkei 225 and Hong Kong's Hang Seng were trading in positive territory, while Shanghai's SSE Composite Index was marginally lower. The US market closed in positive territory on Thursday. Global benchmark Brent crude rose 0.69 per cent to US$62.56 per barrel.

FII investment

Foreign institutional investors bought equities worth Rs 50.57 crore on Wednesday, exchange data showed. The stock market in India was closed on Thursday on account of Maharashtra Day.

The BSE benchmark gauge closed 46.14 points, or 0.06 per cent, down at 80,242.24 on Wednesday. The Nifty closed 1.75 points, or 0.01 per cent, down at 24,334.20.

Rupee Rises 77 Paisa

The rupee rose 77 paise to 83.77 against the US dollar on Friday. The domestic unit opened at 83.98 against the greenback at the interbank forex, before rising 77 paise to 83.77 from its previous close.

The dollar rose 42 paise to Rs 84.54 against the US dollar on Wednesday. Foreign exchange markets were closed on Thursday on account of Maharashtra Day.

Also read: April 2025 GST Collection Breaks All Records; Know Which State Contributes The Most