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Reading: Nifty 50 Rises for Third Week in a Row Amid Broad Market Positive aspects
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StockWaves > Financial News > Nifty 50 Rises for Third Week in a Row Amid Broad Market Positive aspects
Financial News

Nifty 50 Rises for Third Week in a Row Amid Broad Market Positive aspects

StockWaves By StockWaves Last updated: May 2, 2025 3 Min Read
Nifty 50 Rises for Third Week in a Row Amid Broad Market Positive aspects
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Markets ended the week positively, with the Nifty and Sensex gaining almost 1% every — marking their third consecutive weekly rise, the longest successful streak since December 2024.

The Nifty closed at 24,346.70, up 12.50 factors, whereas the Sensex climbed 259.75 factors to 80,501.99. Nifty Financial institution added 28.20 factors to settle at 55,115.35.

Broader markets lagged, with the Nifty Midcap 100 index falling almost 0.78% or 419.80 factors, ending at 53,705.10.

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Oil & Fuel led sectoral features, boosted by Reliance’s 10% weekly leap — its greatest in 5 years. Different high performers included Maruti Suzuki, Bharat Electronics, SBI Life, IndusInd Financial institution, and HDFC Life.

High losers included Shriram Finance, JSW Metal (down 6% after a court docket ruling), UltraTech Cement, and Bajaj Finserv. Indus Towers dropped 7% after delaying its bonus and buyback selections.

Inventory-specific strikes stood out — RailTel surged almost 7% on sturdy This fall outcomes; IOC rose 4% after earnings; Godrej Properties gained 4% regardless of cautious steering; Sona BLW added 3%, citing restricted US tariff publicity; Everlasting (Zomato) closed 1% larger, regardless of weak This fall outcomes.

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