The Indian share market today (April 29, 2025) closed flat after a volatile session dominated by sector-specific trends, earnings-related movements, and mixed global cues. The Nifty 50 edged up marginally by 7.45 points (0.031%) to settle at 24,335.95, while the Sensex exhibited similar muted behavior. Investor sentiment remained cautious ahead of key corporate earnings and global central bank meetings.
Key Index Highlights
Nifty 50 Performance – Share Market Today
- Open: 24,370.70
- Intraday High: 24,457.65
- Intraday Low: 24,290.75
- Close: 24,335.95
- Previous Close: 24,328.50
- 52-week High: 26,277.35
- 52-week Low: 21,281.45
Sensex Performance – Share Market Today
- Open: 80,396.92
- Intraday High: 80,661.31
- Intraday Low: 80,122.02
- Close: 80,288.38
- Previous Close: 80,218.37
- 52-week High: 85,978.25
- 52-week Low: 70,234.43
Nifty Bank Performance
- Close: 55,301.10
- Change: -127.00 (-0.23%)
Despite a positive start, profit booking in heavyweight sectors such as banking and IT capped overall market gains. However, buying interest in auto and defence-related stocks provided some resilience to the broader indices.
Top Gainers (NSE) – Share Market Today
Source: Zerodha Technicals Dashboard
| Stock | Close Price (₹) | Change (%) |
|---|---|---|
| DATAPATTNS | ₹2,556.90 | +14.34% |
| GRSE | ₹1,957.80 | +11.90% |
| TBOTEK | ₹1,130.00 | +11.49% |
| COCHINSHIP | ₹1,652.40 | +10.01% |
| MAZDOCK | ₹3,027.90 | +8.67% |
Interpretation: The rally in defence sector stocks like GRSE, Cochin Shipyard, and Mazagon Dock was largely driven by improved visibility of government contracts, new export orders, and increased investor confidence in India’s domestic defence manufacturing. DATAPATTNS gained on optimism surrounding its technological capabilities and likely contract wins in the aerospace and surveillance domain. TBOTEK continued its momentum following upbeat guidance.
Top Losers (NSE) – Share Market Today
Source: Zerodha Technicals Dashboard
| Stock | Close Price (₹) | Change (%) |
|---|---|---|
| GODIGIT | ₹290.70 | -5.97% |
| TATATECH | ₹663.70 | -5.94% |
| ACI | ₹635.40 | -4.18% |
| GPIL | ₹185.73 | -4.14% |
| AWL | ₹267.90 | -4.06% |
Interpretation: GODIGIT and TATATECH saw profit booking as recent IPO listings came under selling pressure after their strong initial debuts. The decline may also be linked to high valuations relative to near-term earnings potential. FMCG player AWL slipped amid ongoing concerns over rural demand and input cost pressures, while ACI and GPIL declined as broader sentiment toward industrials and midcap manufacturing names weakened.
Sectoral Performance & Interpretations – Share Market Today
| Sector | Trend & Reason |
|---|---|
| Auto | Positive: Optimism driven by better-than-expected Q4 results from leading automakers and improving rural demand indicators. Easing input costs (especially metals and crude derivatives) also supported margin outlook. |
| Defence | Strongly Positive: Momentum continued with growing export orders and positive commentary from defence PSUs. Strategic government initiatives under ‘Make in India’ and rising geopolitical tensions globally increased interest in self-reliant defence capabilities. |
| Banking & Finance | Weak: Though Q4 results from ICICI Bank were stable, commentary around slower credit growth and potential NIM (Net Interest Margin) compression led to a cautious stance. FIIs remained net sellers in the banking space. |
| IT | Flat to Negative: Global uncertainty around tech spending and reduced discretionary IT budgets weighed on stocks. With major earnings due next week, investors stayed on the sidelines. |
| FMCG | Mixed: Stocks like HUL and Britannia remained range-bound as urban demand held steady. However, concerns persisted about rural consumption recovery and volatile input prices. |
| Realty | Positive: Expectations of continued rate pause by RBI supported sentiment. Also, strong Q4 pre-sales numbers from major developers like DLF and Godrej Properties lifted sectoral confidence. |
Broader Market Trends
In the share market today, broader market trends were mixed:
1) FIIs (Foreign Institutional Investors): Remained net sellers today, trimming positions in financials and IT. This added mild pressure on benchmark indices.
2) DIIs (Domestic Institutional Investors): Supported the market with selective buying in auto, realty, and defence stocks
3) India VIX: Slight uptick in the volatility index suggests rising uncertainty ahead of earnings-heavy weeks and key global economic data.
The India VIX (NIFVIX), a key indicator of market volatility, is currently positioned at 17.43, reflecting a rise of 0.49 points, or 2.89%, compared to its previous closing level.
Here’s a deeper look at today’s movement:
- Opening Level: 16.065
- Intra-day High: 17.585
- Intra-day Low: 16.065
- 52-Week Range: 8.98 (Low) to 31.71 (High)
This uptick in the volatility index signals a slight increase in market nervousness, likely driven by upcoming corporate earnings, global macroeconomic cues, and central bank policy expectations.
4) Commodities: Brent crude hovered around $88/barrel, keeping inflation concerns slightly elevated for oil-importing nations like India.
Earnings & IPO Tracker – Share Market Today
Major Financial Results Released / Scheduled:
- ICICI Bank: Stable Q4 earnings, but with cautious outlook on margins and slower retail disbursements.
- Reliance Industries: Outperformance in retail and telecom verticals, but refining business faced margin headwinds.
- Infosys and TCS: Set to announce results next week; investor focus remains on deal pipelines and margin guidance.
Ongoing IPOs – Share Market Today (29 April)
- No fresh IPOs listed or opened today. However, the street is closely watching developments around:
- Ather Energy: Expected to bring EV-related excitement into the primary market.
- NSDL: Considered a strategically significant listing in India’s capital market infrastructure space.
Global Market Snapshot – Share Market Today
- US Futures: Trading flat ahead of the FOMC meeting this week.
- Asian Markets: Mixed trend observed; Nikkei up on tech buying, while Hang Seng declined due to real estate drag.
- Europe: Early trading was muted as investors awaited inflation prints and ECB commentary.
The Indian stock market today remained in a consolidation phase, with rotational sectoral leadership playing out across auto, defence, and real estate. Weakness in banking and IT stocks offset gains from other sectors, keeping the Nifty range-bound. Broader market breadth remained balanced, with midcaps showing resilience.
Looking ahead, the focus remains on corporate earnings, global monetary cues, and FII flows. While investors preferred selective accumulation in outperforming sectors, overall sentiment reflected caution rather than bullishness.
This analysis is purely factual and is intended for informational purposes only. No part of this article should be construed as investment advice or a stock recommendation.
For real-time technical dashboards and stock screeners, refer to: Zerodha Technicals
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