Nifty 50 saw mixed momentum but ended in red. Among sectoral indices, Nifty Bank also remained under pressure with no gainers.
Nifty 50:
HDFCLIFE topped the gains with an increase of 4.19%, while MARUTI followed closely with a rise of 3.18%. BHARTIARTL rose 1.70%, SUNPHARMA was up 0.89%, and POWERGRID edged up 0.74%. On the other side, BAJAJFINSV fell 5.61% and BAJFINANCE declined 5.27%. TRENT dropped 4.76%, TATAMOTORS lost 3.32%, SBIN was down 3.07%, and ULTRACEMCO slipped 1.97%.
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Bank Nifty:
The banking index stayed entirely in the red. AUBANK declined 4.26%, FEDERALBNK was down 3.57%, and SBIN dropped 3.07%. IDFCFIRSTB lost 3.02%, PNB declined 2.66%, CANBK fell 2.14%, and BANKBARODA was down 1.43%.
Nifty Next 50:
JSWENERGY led the gainers, rising 2.93%. LODHA followed with a 2.85% gain, DLF rose 1.73%, HYUNDAI added 1.68%, ICICIPRULI increased 1.28%, and IOC moved up 1.08%.
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Among the laggards, ADANIPOWER dropped 3.49%, DMART fell 3.13%, RECLTD slipped 2.94%, ADANIGREEN was down 2.86%, HAL lost 2.81%, PNB declined 2.66%, and BAJAJHLDNG dropped 2.59%.
Today’s session was impacted by pressure on financials. However, selective buying was seen in auto, insurance, and energy stocks. The market remained rangebound and volatile throughout the day.
Stay tuned for further updates on market movements and financial insights.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
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Published on: April 29, 2025 / M Vishnu
Stock Market Holiday tomorrow Due to Labour Day Observance
The stock exchanges, NSE and BSE, will be closed on May 1st in observance of Labour Day, with trading set to resume on May 2nd. Additionally, both commodity and foreign exchange markets will also be closed for the day.
यदा यदा हि धर्मस्य ग्लानिर्भवति भारत।
Whenever there is a decline in righteousness and an increase in unrighteousness, O Arjuna, at that time I manifest myself.
