The Indian stock market saw a roller-coaster ride on 29 April 2025. Despite early-day volatility, the markets managed to hold onto gains by the closing bell. The Nifty 50 ended above the 24,350 mark, showing resilience amid mixed global cues, corporate earnings, and sectoral shifts.
In this article, we will break down the major highlights from today’s trading session, explain why the markets were volatile, and analyze the key sectors and stocks that moved the market. The information is written in simple English for better understanding and is SEO-optimized with relevant keywords.
Stock Market Overview: Key Indices on 29 April 2025
- Nifty 50: Closed at 24,367, up 82 points (+0.34%)
- Sensex: Ended at 80,215, up 275 points (+0.34%)
- Bank Nifty: Rose 0.41% to finish above 53,100
- India VIX: Increased slightly, indicating ongoing volatility
The benchmark indices opened flat but witnessed sharp swings throughout the day before recovering in the final hour of trade. Positive cues from Asian markets, along with strong Q4 results from key companies, helped support investor sentiment.
Top Gainers and Losers on Nifty 50
Top Gainers:
- Reliance Industries: +2.8% on strong quarterly earnings
- Infosys: +2.1% amid expectations of improved guidance
- ICICI Bank: +1.7% following strong performance in Bank Nifty
Top Losers:
- Titan: -1.6% as Q4 profit missed estimates
- Maruti Suzuki: -1.3% due to weak sales outlook
- Wipro: -1.2% after muted commentary from management
Why Were the Markets Volatile Today?
There were multiple reasons behind the market volatility:
- Corporate Earnings Season: Q4 results from major companies are coming in, and the market is reacting to surprises and misses.
- Global Cues: Mixed signals from U.S. and Asian markets kept investors on edge.
- Rising Crude Oil Prices: Brent Crude was trading above $91 per barrel, impacting inflation outlook.
- Interest Rate Speculation: Global central banks, including the U.S. Fed, are expected to hold rates, but any unexpected move could rattle sentiment.
Sectoral Performance
The stock market saw mixed performance across sectors:
- Gainers:
- IT Sector: Boosted by gains in Infosys and TCS.
- Banking: Led by ICICI Bank and HDFC Bank.
- Energy: Reliance Industries drove the energy sector up.
- IT Sector: Boosted by gains in Infosys and TCS.
- Laggards:
- Auto: Dragged down by Maruti Suzuki and Tata Motors.
- Consumer Durables: Titan and Whirlpool underperformed.
- Pharma: Slight correction in stocks like Sun Pharma and Cipla.
- Auto: Dragged down by Maruti Suzuki and Tata Motors.
Midcap and Smallcap Indices
Midcap and Smallcap stocks also saw volatility, but some stocks outperformed due to company-specific news:
- Midcap Gainers: Persistent Systems, Polycab India, and AU Small Finance Bank
- Smallcap Gainers: BEML, Route Mobile, and Greenpanel Industries
Investors remain cautious in the midcap and smallcap segments due to valuation concerns and low liquidity.
Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs)
- FIIs: Net buyers worth Rs 542 crore
- DIIs: Net buyers worth Rs 368 crore
The continued inflow of institutional funds, especially from FIIs, supported market recovery and helped absorb selling pressure.
Global Market Influence
- US Markets: Dow Jones and Nasdaq Futures traded in the red ahead of major earnings releases.
- Asian Markets: Mixed performance with Japan’s Nikkei closing higher, while China’s Shanghai Composite slipped.
- European Markets: Opened higher, offering mild support to Indian indices.
According to technical analysts, Nifty is showing signs of strength but is facing resistance near the 24,400 level. Support lies at 24,200. A breakout above 24,400 may lead to a fresh rally toward 24,600 in the near term.
For Sensex, the 80,000 mark is seen as a psychological support level. Breaking below that could trigger profit booking.
Market experts believe that volatility will continue until the Q4 earnings season is over. Most suggest staying cautious and sticking to quality stocks. Defensive sectors like FMCG and IT may provide stability in uncertain times.
Stock Recommendations for Tomorrow (30 April 2025)
- Buy: Reliance Industries, Infosys, and HDFC Bank (on dips)
- Hold: ITC, L&T, and TCS
- Avoid: Maruti Suzuki, Titan, and Wipro (until earnings clarity)
Investor Advice
- Short-term traders should watch for technical breakouts and avoid over-leveraging.
- Long-term investors may consider using dips to add quality stocks.
- Sector rotation is likely, so diversify across stable and growing sectors.
April 29, 2025, was a day of ups and downs in the Indian stock market, but the overall tone remained positive by the close. The Nifty staying above 24,350 is a good sign for the bulls, though volatility remains a concern. Investors should stay alert, keep an eye on earnings reports, and manage their portfolios wisely.
Stay tuned to The Indian Alert for more live stock market updates, expert insights, and real-time financial news.
