India’s share market indices, Sensex and Nifty50, opened in green on Monday, April 21, 2025. The Sensex (index with top 30 firms) surged 355 points to open at 78,908.60 points on Monday. Meanwhile, Nifty50 (index with top 50 firms) opened 97.50 points up at 23,949.15 points.
Indian share market started the fresh week on a strong note, supported by positive foreign fund inflows and the visit of US Vice President JD Vance to India. According to the experts, this high-level visit is expected to play an important role in shaping a potential agreement between India and the US, boosting investor sentiment in the process.
As per the market experts, the positive bias in Indian equities is likely to continue throughout the week, mainly due to consistent foreign investments and strong global cues.
Among sectoral indices on the National Stock Exchange, all indices except Nifty IT opened in the green. The Nifty Private Bank index led the gains with a rise of 1.2%, followed by the Nifty Pharma index, which gained 0.86%. This sectoral performance indicates a broad-based buying interest among investors.
On the corporate front, several companies are set to announce their quarterly earnings for the fourth quarter of FY25 today.
Meanwhile, in other Asian markets, a mixed performance was observed, with Japan’s Nikkei 225 declined by more than 1.2%, and Taiwan’s weighted index was down 1.34%. However, Singapore’s Straits Times Index gained over 1%, and South Korea’s KOSPI index remained nearly flat with a slight gain of 0.03%.
What Experts Are Saying?
Ajay Bagga, banking and market expert, told ANI, “The Asian cues are mixed on a day when some major markets remain shut for Easter. The visit of the US VP JD Vance will be the highlight of the week, with this being the first visit to India of a US VP in ten years. Symbolically, this is the first Asian nation visit by the VP in this administration. Expect positive announcements which will set the stage for the BTA and for a subsequent visit to India of President Trump.”
He added, “Indian markets have been on a tear, recovering the previous 9 days of falls in the last 6 days. We expect the positive bias to continue this week, with FPI net positive flows being a big positive.”
SEBI-registered research analyst and founder of Alphamojo Financial Services, Sunil Gurjar said, “Nifty is hovering towards the 23860 resistance level, which acts as a crucial resistance. A breakout above this resistance would indicate a continuation of the uptrend. Previously, Nifty made two failed attempts to breach this level. Technically, the price is trading above all key moving averages, further identifying more upward momentum. Volume signals buyer interest in the sector, potentially pushing the price to higher highs.”
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