Sensex Hits 2025 High On FII Inflows, Adani Group Leads Gains; Crude Oil Prices Fall
Mumbai: The stock market continued its upward momentum on Monday, with the BSE Sensex climbing 294.85 points to close at 80,796.84—its highest level in 2025 so far. Earlier in the day, it had surged over 547 points to touch 81,049.03. This is the second straight day of gains for the market.
The Nifty 50 index also rose by 114.45 points to close at 24,461.15, also the highest in 2025.
Foreign Funds, Crude Price Drop Boost Sentiment
One of the major reasons for the rise was strong buying by Foreign Institutional Investors (FIIs). On Friday, they bought shares worth Rs 2,769.81 crore, and in April, they brought in Rs 4,223 crore, making it the first positive month in three months.
Also helping the market was a sharp fall in global crude oil prices. The price of Brent crude oil dropped 1.45 per cent to USD 60.40 per barrel, which is good news for India’s economy.
Adani Stocks Lead the Rally
Among the top gainers was Adani Ports, which surged 6.29 per cent. Reports said that representatives of Gautam Adani had met US officials regarding a bribery probe, raising investor confidence. Other Adani Group companies like Adani Enterprises, Adani Power, and Adani Green Energy also saw strong gains.
Other Sensex gainers included Bajaj Finserv, Mahindra & Mahindra, Power Grid, Tata Motors, Asian Paints, and Hindustan Unilever.
Bank Stocks Weigh Down the Index
On the losing side, Kotak Mahindra Bank dropped 4.57 per cent after it reported a 7.57 per cent fall in net profit to Rs 4,933 crore for the January–March quarter of FY25. The fall was due to stress in its microlending business.
State Bank of India (SBI) also declined by over 1 per cent, after posting an 8.34 per cent drop in quarterly profit to Rs 19,600 crore, mainly due to weaker interest margins.
Other losers included Axis Bank, Titan, and IndusInd Bank. The Bankex index was the only sector to close in the red.
Broader Markets and Sectors Perform Well
The BSE midcap index rose 1.45 per cent, while the smallcap index gained 1.23 per cent, showing broader market strength.
Among sectors, services gained the most at 2.99 per cent, followed by oil & gas, auto, consumer discretionary, utilities, and energy.
Market Outlook
Experts say that while the market remains positive due to foreign inflows and strong GST collections, the overall momentum is now shifting to specific stocks and sectors based on company results.
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