On Tuesday, the Indian stock market closed the day trading higher with the Nifty 50 opening at 24,374.55, reaching a high of 24,601.70, and closing at 24,576.60, up by 0.87%. Similarly, the BSE Sensex opened at 78,617.16, reached a high of 79,367.08, and ended at 79,273.33, up by 0.96%.The Indian share market traded in green due to Trump’s ceasefire deadline for the Iran war is set to expire tomorrow, April 22, and expectations of geopolitical tensions between the U.S and Iran to ease.Reasons for the positive sentimentThe following are the reasons for the positive sentiment in the stock market:Decline in crude oil prices eased inflationary pressures in markets.Positive cues from Asian markets. India VIX declined by 6.28% to 17.60, indicating stability in the market.Major Indices Today IndicesLTPPrev closeChangeNifty 5024,576.6024,364.850.87%BSE Sensex79,273.3378,520.300.96%Next 5070,824.4570,341.000.69%Bank Nifty57,371.4556,582.351.39%Fin Nifty26,850.7526,537.101.18% The major indices, Nifty 50 and Sensex, traded in green, led by Banking and FMCG stocks.Nifty Next 50 traded higher, led by Beverages, Power, and FMCG stocks.Nifty Bank traded in green amid decline in crude oil prices.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT31,729.1031,585.750.45%Nifty Auto26,625.2026,522.300.39%Nifty FMCG50,820.1049,555.752.55%Nifty Pharma22,438.4522,456.75-0.08%Nifty Healthcare14,507.0514,471.400.25%Nifty Oil & Gas11,442.7011,434.400.07% Nifty IT traded in the green ahead of HCL Technologies' Q4 earnings today.Nifty Auto traded in the green amid a decline in fuel costs.Nifty FMCG traded higher after strong Q4 earnings from Nestle India. Nifty Pharma traded in the red after the CDSCO transferred around 95 officials at the level of assistant drug controller and drug inspector across India as part of a mass reshuffle at the regulator.Nifty Oil and Gas traded higher after the International Maritime Organization announced it is working on an evacuation plan for hundreds of ships that have been stuck in the Persian Gulf.Market Movers Today Hindustan Petroleum Corporation shares rose by 1.46% after the company’s assurance to investors about the condition of its refinery in Rajasthan's Balotra district following a fire incident.Prestige Estates shares rose by 2% after the company sold units worth over ₹2,500 crore of the Hyderabad project "Prestige Golden Grove".Lemon Tree Hotels shares rose by 13.27% after the announcement of the signing of a new hotel property in Garudeshwar, Gujarat, further strengthening its presence in the state.Textile and Shrimp stocks like Gokaldas Exports rose by 7%, Arvind by 3%, Avanti Feeds and Apex Frozen by 6% each, and Coastal Corp by 5% after the U.S began rolling out refunds for tariffs imposed during Donald Trump’s presidency, following a Supreme Court ruling that struck them down.Top Gainers Company NameLTPPrev CloseChangePNB Housing Finance979.10906.757.98%Nestle1,379.901,286.407.27%LIC Housing Finance565.15536.705.30%Nippon Life India AMC1,055.351,003.005.22%Manappuram Finance281.80269.104.72% Top Losers Company NameLTPPrev CloseChangeSBI Life Insurance1,911.601,982.50-3.58%Polycab7,955.508,198.50-2.96%Max Financial Services1,648.801,688.80-2.37%Colgate Palmolive2,106.602,129.00-1.05%Sammaan Capital148.84152.07-2.12% 52W High Stocks Company NameLTP52W highChangeJSW Steel1,279.601,296.400.40%NTPC396.20402.70-0.45%Adani Ports & SEZ1,594.101,611.900.99%Vedanta766.80795.00-0.54%Power Finance Corporation471.10479.00-0.37% 52W Low Stocks Company NameLTP52W lowChangeKama Holdings2,492.302,461.00-0.55%National Standard1,451.451,390.002.82%ELCID Investments128,914.90125,000.00-4.17%Novartis988.90971.20-0.66%Asian Star610.20555.05-2.37% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea9.559.470.84%Yes Bank19.7719.84-0.35%Suzlon Energy53.1052.501.14%Adani Power202.98200.831.07%HDFC Bank811.75795.452.05% IPOsCitius Transnet Investment Trust IPO closed today. The price band set for the IPO was from ₹99 to ₹100 per share.Market AnnouncementsBank of Maharashtra shares rose by 6% after the company reported a 15% YoY growth in net profit to ₹2,014 crore.Nestle India shares rose by 1.87% after the company’s standalone net profit jumped by 26% YoY to Rs 1,114.1 crore
