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Market Updates - Angel One

Bengaluru Startup Sarvam Chosen to Develop India’s First Foundational LLM

Bengaluru Startup Sarvam Chosen to Develop India’s First Foundational LLM

28 April 2025

In a significant move towards technological self-reliance, the Indian government has selected Bengaluru-based start-up Sarvam to develop the nation’s first homegrown large language model (LLM). This decision comes at a time when global AI landscapes are being reshaped by developments like China’s DeepSeek model.  Government Support and Strategic Plans Sarvam was chosen from among 67 …

BSE Sensex Traded Higher on April 28: FIIs Buying and Weaken Dollar Drove the Rally

BSE Sensex Traded Higher on April 28: FIIs Buying and Weaken Dollar Drove the Rally

28 April 2025

On Monday, April 28, 2025, Benchmark indices BSE Sensex saw a strong recovery, making a decisive comeback from the previous session’s weakness. As of 12:25 PM, BSE Sensex was up 1.26% to 80,207.24 and touched the high of 80,088.89. All broader market indices were firmly in the green, indicating robust investor sentiment. On BSE Sensex, Reliance Industries, …

Nifty 50 Climbs 0.84% on Apr 28; Reliance, BEL Lead Gains

Nifty 50 Climbs 0.84% on Apr 28; Reliance, BEL Lead Gains

28 April 2025

On Monday, April 28, 2025, the Indian benchmark index Nifty 50 opened at 24,070.25 and was at 24,240.15, up by 0.84%, as of 11:22 AM. As of the same time, it touched the day’s high so far at 24,283.00.   Even Nifty Next 50, Nifty Bank, and Nifty Financial Services were in the green.   5 …

e-Shram: 1 Million Gig Workers Registered, Ludhiana Labourers Get Ration Access; How to Register

e-Shram: 1 Million Gig Workers Registered, Ludhiana Labourers Get Ration Access; How to Register

27 April 2025

Union Minister Mansukh Mandaviya recently announced a major milestone in the registration of gig workers on the e-Shram portal—a dedicated social security platform for unorganised sector workers.  Nearly 1 million workers have been brought under its fold so far, with the government aiming to register an additional 3-4 million within the next 3 months. This …

Weekly Market Recap on April 25, 2025: Market Declines Amid Geopolitical Tensions; HUL Drops, HCL Tech Soars

Weekly Market Recap on April 25, 2025: Market Declines Amid Geopolitical Tensions; HUL Drops, HCL Tech Soars

25 April 2025

Indian benchmark equity indices experienced a volatile session on Friday, April 25, 2025, with investor sentiment turning cautious due to rising geopolitical tensions following a deadly terrorist attack on tourists in Kashmir. This led to a second consecutive day of losses for the markets. The BSE Sensex declined by 588.90 points (0.74%), closing at 79,212.53, …

Closing Bell: Markets Tumble on Geopolitical Tensions; Sensex Drops 589 pts, Nifty Down 207 pts on April 25, 2025

Closing Bell: Markets Tumble on Geopolitical Tensions; Sensex Drops 589 pts, Nifty Down 207 pts on April 25, 2025

25 April 2025

On Friday, April 25, 2025, Indian stock markets faced heavy selling pressure due to rising tensions between India and Pakistan following a terror attack in Pahalgam.  The BSE Sensex, which had opened strong and touched a high of 80,131, later plunged to 78,606 — a fall of 1,525 points during the day amid reports of …

Stocks That Hit Circuit Limits On April 25, 2025: Godfrey Phillips, Senco, and More

Stocks That Hit Circuit Limits On April 25, 2025: Godfrey Phillips, Senco, and More

25 April 2025

On April 25, 2025, the BSE Sensex closed 0.74% lower at 79,212.53, while the Nifty50 ended the day at 24,039.35, down 0.86%. In the midst of this market dip, several stocks such as Carraro India, Sahasra Electronics, and SWSOLAR hit their respective circuit limits, reflecting sharp price movements. Here’s a look at the full list …

Top Gainers and Losers on April 25, 2025: SBI Life Jumps Over 5%, Shriram Finance Tanks

Top Gainers and Losers on April 25, 2025: SBI Life Jumps Over 5%, Shriram Finance Tanks

25 April 2025

Indian benchmark indices closed lower on Friday, April 25, 2025, as investors booked profits across major sectors. Rising global uncertainty and weak cues from Asian markets weighed on sentiment. The BSE Sensex declined by 588.90 points (0.74%) to end at 79,212.53, while the NSE Nifty 50 fell 207.35 points (0.86%) to settle at 24,039.35. Here …

Shein-Reliance Rethinks Partnership Amid US-China Trade Friction

Shein-Reliance Rethinks Partnership Amid US-China Trade Friction

25 April 2025

As per the Economic Times report, rising trade tensions between China and the United States are rippling through global supply chains, and one of the latest partnerships to feel the heat is that between Shein and Reliance Retail. The fast fashion giant is renegotiating its sourcing partnership with Reliance Retail Ventures Ltd (RRVL), a development …

Air India in Talks to Acquire 10 Boeing 737 MAX Jets Rejected by China

Air India in Talks to Acquire 10 Boeing 737 MAX Jets Rejected by China

25 April 2025

In the midst of ongoing trade hostilities between the world’s 2 largest economies, the United States and China, Boeing has encountered a fresh setback. Several Chinese customers have declined to accept delivery of 737 MAX aircraft, citing steep tariffs that have made imports increasingly unviable. With duties exceeding 100% imposed by both nations, Boeing is …

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