On Wednesday, the Indian bourses closed the day trading higher with the Nifty 50 opening at 23,855.15, reaching a high of 24,025.15, and closing at 23,997.35, up by 3.78%. Similarly, the BSE Sensex opened at 77,290.63, reached a high of 77,635.54, and ended at 77,562.90, up by 3.95%.The Indian share market traded in green following a two-week ceasefire between the US and Iran, and the Reserve Bank kept interest rates unchanged, which lifted investor sentiment.Reasons for the positive sentimentThe following are the reasons for the positive sentiment in the stock market:Positive cues from broader Asian markets. India VIX declined by 20.24% at 19.70, signalling stability in Indian markets. Decline in crude oil prices eased inflationary pressures.Major Indices Today IndicesLTPPrev closeChangeNifty 5023,997.3523,123.653.78%BSE Sensex77,562.9074,616.583.95%Next 5066,145.3063,151.054.74%Bank Nifty55,703.9052,716.255.67%Fin Nifty26,053.0524,685.555.54% The major indices, Nifty 50 and Sensex, traded in green, led by Banking and Automobile stocks.Nifty Next 50 traded higher, led by Finance, Automobile, and Energy stocks.Nifty Bank traded in green after Governor Sanjay Malhotra confirmed the repo rate would remain at 5.25%. Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT31,565.8031,403.350.52%Nifty Auto26,002.9524,373.306.69%Nifty FMCG47,704.2546,980.101.54%Nifty Pharma21,991.2021,868.700.56%Nifty Healthcare14,077.8513,992.950.61%Nifty Oil & Gas11,135.2510,747.303.61% Nifty IT traded in the green amid broader market sentiment.Nifty Auto traded in green after a decline in crude oil prices, easing concerns around fuel costs and inflation.Nifty FMCG traded in green, led by positive market sentiment.Nifty Pharma traded in green, led by positive stock-specific news across the sector.Nifty Oil and Gas traded in green as India is set to receive its first oil from Iran in seven years this week.Market Movers Today Adani Group stocks, namely, Adani Enterprises, rose by 9% and Adani Green Energy by 8% following the U.S Court's acceptance of the Adani Group's plea to dismiss the U.S Securities and Exchange Commission's (SEC) securities fraud lawsuit.Vodafone Idea’s shares rose by 6% after the extension in the reassessment of AGR dues by the telecom department.InterGlobe Aviation, parent company of IndiGo’s shares, rose by 11% following the news of a ceasefire between Iran and the U.S and falling crude oil prices, leading to fewer flight disruptions.Ola Electric shares rose by 10% after the company developed a Lithium Iron Phosphate (LFP) cell.Top Gainers Company NameLTPPrev CloseChangeAshok Leyland172.48152.9312.78%Force Motors22,075.0019,920.0010.82%Adani Green Energy1,029.65925.3511.27%Shriram Finance1,023.20930.659.94%Aditya Birla Capital338.40308.559.67% Top Losers Company NameLTPPrev CloseChangeOil India458.95481.90-4.76%Coal India449.25463.00-2.97%NALCO400.15411.75-2.82%Avenue Supermarts DMart4,368.804,466.00-2.18%Tech Mahindra1,451.401,473.40-1.49% 52W High Stocks Company NameLTP52W highChangeTitan4,492.504,505.006.19%ABB6,565.006,584.504.72%Adani Energy Solutions1,073.301,084.858.83%Aurobindo Pharma1,335.701,363.000.43%Anand Rathi Wealth3,398.503,410.203.22% 52W Low Stocks Company NameLTP52W lowChangeAiro Lam81.9779.40-3.56%Raj TV Network20.6320.63-9.99%Flexituff Ventures6.085.72-1.78%Aaradhya Disposal Industries95.0094.95-4.04% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea9.208.636.60%Yes Bank19.0418.135.02%HDFC Bank816.10772.005.71%Adani Power169.31163.363.64%Suzlon Energy44.2341.556.45% Market AnnouncementsTitan shares rose by 4% after the company’s domestic jewellery business grew by 46% YoY.LIC India shares rose by 8% after the company’s board of directors announced that it would hold a meeting on April 13 to consider and recommend its first-ever bonus issue of shares.
