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ET Market Watch: Sensex hits 80K! IT, auto stocks drive rally | The Economic Times Podcast

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April 23, 2025
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ET Market Watch: Sensex hits 80K! IT, auto stocks drive rally | The Economic Times Podcast
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Hi, you’re listening to ET Markets Radio, I am Neha Vashishth. Welcome to a brand-new episode of ET Market Watch. Let’s start with today’s highlights.

Markets ended on a high note! Indian indices logged their 7th straight win, powered by IT and Auto stocks. Sensex jumped 520 points to close above 80,000. Nifty hit 24,328, up 162 points.

HCLTech led the charge — up 7.7% after a surprise FY26 revenue forecast.

The IT index rallied 4.3%, with gains across TCS, Infosys, Wipro, and Coforge.

Auto followed! Tata Motors zoomed 4.4%, lifting the Nifty Auto index by 2.4%.

Downside? M&M Financial slipped 2.8% on weak earnings.
Havells dropped 3.2% on low AC demand.

Global cheer too! Trump signaled lower tariffs and a softer Fed stance, boosting risk assets worldwide.

Crude rose over 1.6%, while the rupee dipped to 85.42 against the USD. That is all for today, keep listening to ETMarkets for more.

Tags: 80KAutoauto stocksDriveEconomicgainersHitsIndian stocksIT stockslosersMarketNiftyPodcastRallysensexshare pricestocksTimesWatch
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