Finnifty Rallies by 5.26% in April 2025, Led by Banking Giants

The NSE Financial Services Index (Finnifty) is designed to reflect the behaviour and performance of the country’s financial sector. This includes banks, housing finance companies, and other financial institutions.

Finnifty witnessed a robust rally in April 2025. As of April 21, 2025, the index rose by 5.26% for the month, continuing its recovery momentum after an 8.88% jump in March.

Day’s Market Activity

 At 09:52 IST on April 21, the Financial Services Index stood at 26,448.20, marking a gain of 1.18% (308.15 points) from the previous close of 26,071.60. The index traded within a day range of 26,224.65 to 26,448.20. Notably, it touched a new 52-week high of 26,116.40, with the 52-week low being 20,457.90. This movement reflects the sector’s strong performance and investor confidence in the financial markets.

Banking Sector Leads the Finnifty’s Rally

 Major banking stocks played a pivotal role in pulling the index upward. HDFC Bank led with a contribution of 115.06 points, trading at ₹1,937.40. It was followed by SBI (₹819.85, 55.08 points), Axis Bank (₹1,224.80, 45.14 points), ICICI Bank (₹1,416.70, 43.61 points), and Bajaj Finance (₹9,210.00, 18.07 points). The performance of these financial powerhouses underscores the sector’s stability and growth prospects amid a recovering economy.

Top Drag: HDFC Life

 While most players contributed positively, HDFC Life slightly dragged the index down with a negative contribution of -13.18 points, trading at ₹710.05. However, its influence was minimal compared to the strong rally led by the major banks.

Historical Context & Trends in Finnifty

  • The average return for April stands at 3.04%.
  • However, the 2025 return has surpassed this average significantly, reaching 5.26%.
  • In comparison, April 2024 saw a more modest performance of 4.06%, indicating a positive shift in investor sentiment this year.
  • Monthly data reveals that the Services Index typically demonstrates strong performance in October and November, hinting at possible momentum in the upcoming months.

Conclusion

 The Indian Services Index is showing solid strength in April 2025, led by major banking institutions. The recent surge marks a positive trend, pushing the index to fresh highs. With improving fundamentals and strong financials, the sector appears poised for continued growth.

Read more on: Gensol Shares Slide to 52-Week Low After SEBI Flags Inactivity at EV Plant

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Yes Bank Share Price Jumps Nearly 5% After Q4 Result: Check Key Details Here!

Yes Bank share price jumped by 5% on the BSE today. The company has posted a significant 63.3% year-on-year (YoY) jump in standalone net profit to ₹738 crore in Q4FY25. The robust performance reflects continued improvements in asset quality and lending activity. This has boosted investor confidence considerably.

Steady Growth in Core Metrics

 The bank’s net interest income (NII) rose by 5.7% YoY to ₹2,276.3 crore, while its interest income increased 2.3% YoY to ₹7,616 crore. The lender also reported a net interest margin (NIM) of 2.5% in Q4, a slight improvement from 2.4% last year. For FY25, the NIM stood at 2.4%.

Improvements in Asset Quality to Impact Yes Bank Share Price 

 Yes Bank continues to strengthen its balance sheet. The net non-performing asset (NPA) ratio declined to 0.3%, down from 0.5% in the previous quarter, and gross NPAs remained stable at 1.6%. These are the lowest levels since March 2020, signaling a healthy shift in the bank’s asset quality. 

However, provisions rose 23% quarter-on-quarter to ₹318.1 crore, indicating prudence in risk management.

Rising Advances and Deposits

 The lender witnessed an 8.1% YoY rise in advances to ₹2.46 lakh crore and a 6.8% YoY increase in deposits to ₹2.85 lakh crore. The CASA (Current Account Savings Account) ratio improved to 34.3%, from 30.9% in Q4FY24 and 33.1% in the previous quarter, showing better low-cost deposit mobilisation.

Slippages and Overall Performance

 Gross slippages for Q4FY25 stood at ₹1,223 crore (2% of advances), lower than ₹1,348 crore (2.2%) in the previous quarter. CEO and MD Prashant Kumar highlighted that the bank ended the year with 0.7% return on assets (RoA) and full Priority Sector Lending (PSL) compliance.

Conclusion

Yes Bank’s Q4 results reflect a strong turnaround with improved profitability, stable asset quality, and steady business growth. With improved margins, reduced NPAs, and positive outlook, the bank is on a recovery path.

At 9.38 AM, Yes Bank share price was up 4.98% and was trading at ₹18.99. 

Read more on: Gensol Shares Slide to 52-Week Low After SEBI Flags Inactivity at EV Plant

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Delhi EV WhatsApp Chatbot: A Digital Step Towards Green Mobility

Delhi EV Whatsapp Chatbot was launched in July 2022 by the Delhi government. It is a part of the “Switch Delhi” campaign. This chatbot aims to promote EV adoption across Delhi by offering easily accessible information and tools through WhatsApp. This is being seen as a progressive step towards sustainable transportation.

What is the Delhi EV WhatsApp Chatbot?

 The chatbot is a government-backed digital assistant that provides users with a simple, interactive experience to explore EV-related information. Citizens can send a message to 98103 36008 on WhatsApp to begin. Available in both English and Hindi, the chatbot ensures broad accessibility for Delhi’s diverse population.

Features and Services

  • EV Calculator: Users can estimate the potential savings of switching from a fuel vehicle to an electric one.
  • EV Search: Helps users identify electric vehicles that suit their needs and preferences.
  • Charging Station Locator: Provides locations of nearby EV charging points across Delhi.
  • EV Pledge: Allows residents to show support for Delhi’s electric mobility mission.
  • FAQs: Offers quick answers to common queries about EV incentives, pricing, range, and more.

Why Delhi EV Whatsapp Chatbot Matters

 Delhi has long struggled with air pollution and traffic congestion. By encouraging EV use, the government aims to reduce harmful emissions and push Delhi toward becoming the EV capital of India. The WhatsApp chatbot bridges the information gap by making it convenient for residents to learn about and transition to electric vehicles.

Conclusion

 The Delhi EV WhatsApp chatbot is more than a tech tool—it’s a step forward in India’s clean energy journey. By making EV information accessible and engaging, the Delhi government is setting an example for other cities to follow in the fight against climate change and urban pollution.

Read more at: EPF Withdrawal: What You Need to Know About Taxes, Deductions, and Delays

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Renting a House Over ₹50,000/Month? Here’s What You Need to Know

If you’re paying rent of over ₹50,000 per month, you’re not just a tenant anymore. Under Indian tax law, you also become a tax deductor. This rule applies whether you’re a salaried individual, a freelancer, or self-employed individual. This rule is appliable irrespective of whether you follow the old or new income tax regime.

TDS on Rent: What the Law Says

As per Section 194-IB of the Income Tax Act, any individual or HUF (not under tax audit) must deduct Tax Deducted at Source (TDS) if rent paid to a resident Indian landlord exceeds ₹50,000/month.

Applicable TDS Rates for FY 2024–25:

  • 5% on rent paid from April 1 to September 30, 2024
  • 2% on rent paid from October 1, 2024, onwards

This deduction must be made when paying or crediting the rent for the last month of tenancy (March 2025, or earlier if the rental ends sooner).

What You Must Do

Once you deduct the TDS, you must:

  1. File Form 26QC (TDS return) within 30 days of deduction — for FY 2024–25, the deadline is April 30, 2025.
  1. Issue Form 16C (TDS certificate) to your landlord within 15 days of filing — by May 15, 2025.

You don’t need a TAN (Tax Deduction Account Number); your PAN is enough.

Note: If your landlord doesn’t share their PAN, you must deduct TDS at 20%, subject to a cap of the final month’s rent.

Penalties for Non-Compliance

  • 1% interest/month for delay in deduction
  • 1.5% interest/month for delay in depositing TDS
  • ₹200/day late fee for not filing Form 26QC
  • Penalty up to ₹1 lakh for major defaults

Conclusion

If your rent is above ₹50,000/month, you’re legally responsible for deducting and depositing TDS—even if you’re not a business. The process is simple and doesn’t require a TAN, but missing deadlines can cost you big. Be proactive, comply early, and avoid penalties.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

ITR Filing FY 2024-25: Why Your Tax Refund Might Be Delayed or Reduced

The Income Tax Return (ITR) filing for the financial year 2024-25 is expected to start soon, once the Income Tax Department releases the relevant forms and utilities on its e-filing portal. Many salaried individuals are eagerly awaiting this to claim timely refunds.

Why Your Refund Might Be Withheld or Reduced

This year, taxpayers might notice smaller refunds or even receive none at all. The primary reason? Pending assessments from previous years. The tax department has sent emails to many, alerting them about old dues being adjusted against current refunds under Section 245(2) of the Income Tax Act, 1961.

Section 245(2) empowers the department to withhold or adjust refunds if there are outstanding tax liabilities from earlier years. Refunds in such cases are subject to clearance from the Jurisdictional Assessing Officer (JAO), which can cause delays.

Purpose Behind the Notices

The Income Tax department intends to recover past dues and prevent revenue leakage. Taxpayers whose returns are under assessment or reassessment may find their refunds withheld until verification concludes. According to tax experts, this signals a sharper focus by the department on closing past tax gaps before issuing current refunds.

How to Respond to a Notice

If a taxpayer receives a Section 245(2) notice, they should promptly log in to the e-filing portal and check the “Response to Outstanding Demand” section. In case of discrepancies—like already paid demands or errors—submit an online response with supporting documents.

If taxpayers are unable to resolve their query online, they can file a rectification request under Section 154 or contact their jurisdictional officer.

Conclusion

As the ITR season approaches, taxpayers must stay alert, review past filings, and respond swiftly to notices to avoid refund delays.

Read more on: How the Income Tax Department Is Using AI to Track High-Value Transactions

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

“8 vs 12 Years”: What’s the Smarter Choice for Your ₹15 Lakh Home Renovation Loan?

When you take a home renovation loan, the choice of your tenure can substantially impact your finances in the long-run. In this article, we will explore the implications of taking a ₹15,00,000 loan for 8 years versus 12 years at an interest rate of 11%.

Pros and Cons of Choosing the 8-Year Tenure

In the 8-year loan option, the monthly EMI is ₹23,563. Over the entire loan period, the total interest paid amounts to ₹7,62,013. This brings the total repayment to ₹22,62,013. While the EMI is relatively high, this plan helps clear the debt sooner and minimises the interest outgo.

Pros and Cons of Choosing the 12-Year Tenure

On the other hand, the 12-year loan option offers a more affordable EMI of ₹18,803. However, the trade-off is evident when looking at the interest cost: ₹12,07,679. This pushes the total repayment amount to ₹27,07,679, which is ₹4,45,666 more than the 8-year option.

Which is Better?

From a short-term perspective, the 12-year loan provides greater breathing room in terms of cash flow, making it suitable for individuals with tighter monthly budgets. However, this convenience comes at a significant cost in the long term due to the higher interest burden.

Conversely, the 8-year tenure, though heavier on the monthly EMI, proves to be much more economical overall. It is ideal for borrowers who can manage a higher EMI without compromising their lifestyle or other financial goals. This option leads to quicker debt freedom and substantial savings on interest.

Conclusion

Choosing between these two options boils down to your current financial capacity and long-term planning. If your income allows for a higher EMI, the 8-year loan is clearly more cost-effective, saving you over ₹4.45 lakh in interest. But if flexibility and lower monthly stress are your priorities, the 12-year loan provides that cushion—albeit at a higher overall cost.

Read more on: EMI Planning: Car Loan of ₹10 Lakh: 5 Yrs vs 7 Yrs – What’s Better for Your Budget?

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Closing Bell: Sensex Jumps 1,508.91 Pts, Nifty Surges 414.45 Pts on April 17, 2025

Indian equity markets ended the day on a positive note. While the BSE Sensex gained 1,508.91 points to close at 78,553.20, the NSE Nifty 50 rose 414.45 points to settle at 23,851.65. 

Top Gainers and Losers  

On April 17, the stock market saw notable gains among key players, with Zomato (Eternal) leading the top gainers list, surging by 4.47% to close at ₹232.00. Sun Pharma followed with a strong 3.77% rise, ending the session at ₹1,757.00. ICICI Bank also posted solid gains, climbing 3.73% to finish at ₹1,407.00. These stocks outperformed the broader market, reflecting strong investor interest and momentum.  

On April 17, Wipro led the top losers of the day, witnessing a 4.14% drop, closing at ₹237.40. Hindalco followed with a 0.31% decline, finishing at ₹608.00. Tech Mahindra also saw a decrease, dropping by 0.30% to end the day at ₹1,304.80. These stocks experienced downward pressure amidst market volatility. 

Broader Market Movements

Banking stocks remained the top gainers on Thursday, while other sectors like metal, IT, auto, and oil & gas ended the day on a positive note.  

The Nifty Midcap 100 index remained steady at 52,657.80, while the Nifty Smallcap 100 rose by 60.95 points to close at 16,410.20.  

India VIX dropped by 2.51%, settling at 15.47.  

Crude Oil Prices  

As the trading session came to a close, crude oil prices saw positive movement across various blends. WTI Crude settled at $63.25, marking an increase of $0.78, or 1.25%. Similarly, Brent Crude rose by $0.66, ending at $66.51, a gain of 1.00%. Murban Crude also saw a modest gain, climbing $0.65 to reach $68.03, reflecting a 0.96% rise. These price increases reflect the overall positive sentiment in the oil market at the closing bell. 

Conclusion  

In conclusion, the Indian equity markets closed strongly with significant gains across key indices. While the banking sector led, select stocks saw losses. Crude oil prices also posted positive movements, further adding to the market’s upbeat sentiment. Investors remain optimistic going into the next trading sessions. 

 Read more on: Nifty Weekly Expiry Today: IREDA, Manappuram Finance, and 3 Others Under F&O Ban on April 17

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. 

Zippee Launches ‘Blaze’ for 60-Minute Deliveries Across India

Zippee has launched a new 60-minute delivery service called Blaze for online marketplaces. The company was founded in 2021 and is expected to challenge other quick commerce companies like Eternal (Zomato), Zepto, and Swiggy, among others.

Zippee’sFirst Partners On Board

In its announcement, Zippee said that Haldiram, is one of the first brands to use Blaze. Other popular brands include Mondelez India, Clinikally, Vaaree, and Supertails. With Zippee, these companies will be able to deliver to their customers within 60 minutes. This in turn will improve their revenue growth.

How Many Cities Does Zippee Serve?

Currently, Blaze is available in NCR, Bengaluru, and Mumbai. The company plans to launch the service in 5 more cities soon, including Chennai. Over the next few months, it will also partner with 120 more marketplaces and brands.

How Does Zippee Work?

Zippee provides logistics solutions for e-commerce platforms and brands by integrating with their systems. It enables them to deliver directly to customers through their own apps and websites. Zippee uses a combination of dark stores (mini warehouses) and last-mile delivery fleets to power fast deliveries.

Before Blaze, Zippee was already offering same-day and 2-hour delivery options. The new 60-minute service adds more speed and convenience to its offerings.

Focus on Speed and Convenience

With quick commerce becoming more popular in India, Blaze aims to meet the increasing demand for faster deliveries. Eligible products (known as SKUs) will now reach customers in an hour, helping brands stand out in a highly competitive market.

Conclusion

Zippee’s Blaze marks a major milestone in India’s quick commerce space. With strong brand partnerships and a growing delivery network, the company is working to make one-hour delivery a reality for more consumers. As it expands to new cities and partners with more platforms, Blaze is set to make online shopping faster and more efficient.

Read more on: Funding Surge in India’s Tech Startups: ₹21,395 Crore Raised in Q1 FY25

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Bharti Airtel Share Price Hits 6-Month High Ahead of Strong Q4 Results

Bharti Airtel share price reached a six-month high of ₹1,767.05 on the BSE, rising 3% in intra-day trade on Friday, April 19, 2025. In just 3 days, the stock gained 5%, and since March 2025, it has surged by 13%. It is now very close to its all-time high of ₹1,779 reached in September 2024.

So far in 2025, Airtel has jumped 10.5%, while the BSE Sensex has fallen by 4.3%, showing strong outperformance.

Fundamentals of Bharti Airtel

Airtel is one of the world’s top telecom companies, serving 550 million+ users across India and Africa. The company also operates in Bangladesh and Sri Lanka. It recently signed an agreement with SpaceX to explore bringing Starlink’s high-speed internet to India, pending regulatory approval. This move could expand Airtel’s services, especially in rural areas.

Bharti Airtel’s Financial Health and Growth Focus

Airtel’s free cash flow (FCF) has improved significantly due to tariff hikes. In the first 9 months of FY25, the company generated ₹29,200 crore in FCF. As per news reports, this will further grow to around ₹1.3 trillion over FY25–FY27. With most of its expensive debt repaid, Airtel’s finances are strong, and future investment decisions will be important for stock performance.

Business Expansion and Q4FY25 Outlook

Airtel’s enterprise segment, including cloud, IoT, and security services, is growing fast and contributes to 90% of industry growth. The data centre and fiber-to-home (FTTH) segments are also expanding.

For Q4FY25, analysts expect Airtel to add:

  • 6 million mobile broadband users
  • 3 million total new subscribers
  • Flat ARPU at ₹245 due to fewer days in Q4

India wireless revenue is projected to grow 1% to ₹26,500 crore, and EBITDA to rise by 1.4% to ₹15,700 crore.

Conclusion

Airtel’s strong rally reflects investor optimism backed by robust business fundamentals, growing subscriber base, and expansion into new digital services. As the company prepares to announce its Q4FY25 results, all eyes will be on how well it delivers on performance expectations.

At 3:11 PM, Bharti Airtel share price was up 3.93% and was trading at ₹1,894.30.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Nippon India Mutual Fund Partners with Adobe to Boost Digital Experience

Nippon India Mutual Fund (NIMF) has strengthened its partnership with Adobe to improve how investors experience their website and mobile app. This move is part of NIMF’s efforts to make investing easier and more personalised for users by using the latest digital tools.

Adobe Tools to Personalise Investor Experience

To make this happen, NIMF will use Adobe’s Experience Manager (AEM) Sites and AEM Assets. These tools will help the company deliver content that is tailored to each investor, making the experience feel more like an e-commerce journey. Whether on the website or mobile app, users will now see content based on their needs and interests.

  • AEM Sites will personalise content on both web and mobile.
  • AEM Assets will manage images, videos, and other media more efficiently while keeping the brand’s look and feel consistent.

This approach is expected to play a major role in driving the company’s revenue growth.

Proven Success with Adobe Tools

NIMF has already seen success with Adobe’s tools. Over the past 5 years, they’ve used Adobe Analytics, Adobe Campaign, and Adobe Target. These helped them improve investor communication substantially.

Conclusion

By expanding its partnership with Adobe, NIMF is making a smart move to stay ahead in the digital age. With more personalised and smooth digital experiences, the company hopes to keep investors engaged and satisfied across all platforms.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.