Try GOLD - Free
Indices extend gains to 6th day
Business Standard
|April 23, 2025
Advance/decline ratio for April 2025 currently at 1.59, a level last seen in May 2009
The current market rally is lifting nearly all stocks, with advancing stocks outnumbering decliners by the widest margin in 16 years.
The advance/decline ratio (ADR) for April 2025 is currently at 1.59, a level last seen in May 2009. However, with six trading sessions remaining and global volatility persisting, the final ADR for the month could look very different.
This month, 2,752 BSE-listed stocks are trading above their March 28 levels, compared to 1,731 trading lower, reflecting strong market breadth despite global trade war concerns weighing on most markets. The ADR has recovered after a prolonged selloff since October, with February's ratio falling to its lowest point since March 2020.
"We saw a steep, broad-based decline since September, with unprecedented corrections in individual stocks. The rebound from such levels naturally drives strong moves in individual stocks," said Chokkalingam G, cofounder of Equinomics Research.
The sharp turnaround in the market comes after the benchmark indices dropped to their lowest levels since June on April 7. Since then, the Sensex and the Nifty have climbed over 10 per cent.
This story is from the April 23, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Searching for nature in Delhi
The other day, I was out for a walk in my neighbourhood park and was surprised to be greeted by a pair of passing peahens.
3 mins
March 07, 2026
Business Standard
Humiliation and humility
Mr Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back
5 mins
March 07, 2026
Business Standard
Small fraud: RBI for relief to customers within 5 days
The move comes against the backdrop of a rising number of digital fraud cases, with customers increasingly losing hard-earned savings to such incidents.
3 mins
March 07, 2026
Business Standard
Global funds pull money from Asia at fastest pace in years
Funds have sold net $11 billion of shares in developing Asia, excluding China, this week
2 mins
March 07, 2026
Business Standard
Rajnath calls for India's maritime leadership
In this era of changing geopolitics, oceans have once again come to the centre of the world’s power balance and it is India’s responsibility to provide leadership with confidence and capability, Defence Minister Rajnath Singh (pictured) said on Friday, referring to the escalating conflict in West Asia.
1 min
March 07, 2026
Business Standard
India better placed than 1991 Gulf War, impact may last longer: Govt
Stating that crude oil prices must remain above $100 per barrel for a sustained period for macroeconomic aggregates to reflect strain, the review authored by officials in the Department of Economic Affairs (DEA), however, emphasized “large unknown unknowns” in several other areas.
2 mins
March 07, 2026
Business Standard
Liquor stocks buzz after K'taka excise policy shift
Radico Khaitan, Globus, United Spirits, UBL soar up to 8%
2 mins
March 07, 2026
Business Standard
Karnataka scraps liquor price control structure
Adopts alcohol-based tax regime; ‘progressive’ move, says industry
2 mins
March 07, 2026
Business Standard
EV sales revved up across categories in Feb
However, month-on-month, there was a decline over January’s high base
2 mins
March 07, 2026
Business Standard
Co-borrowers must ensure they are co-owners of property
Women are emerging as an important borrower segment in India’s credit ecosystem.
2 mins
March 07, 2026
Listen
Translate
Change font size