Sensex Holds 80,000, Nifty Ends Above 24,300 As Headline Indices Close Flat

Stock Market News: The 30-share Sensex and the Nifty 50 index closed flat on April 29, 2025. The Sensex closed at 80,288.38 up by 70.01 points or 0.09 per cent. The Nifty 50 index closed at 24,335.95, up by 7.45 points or 0.03 per cent.

Trent, Bharat Electronics and Tech Mahindra Lead Gainers

Shares of Tata Group company, Trent, Tech Mahindra and Bharat Electronics, gained the most among constituents of the Nifty 50 index, as they closed higher by up to 5.77 per cent on the NSE.

On the other hand shares of Sun Pharmaceuticals, Ultratech Cement, Coal India, and ONGC declined by as much as 2.25 per cent. Notably, 19 constituents of the benchmark index closed in the green while 31 constituents closed in the red.

Nifty IT, Nifty Oil & Gas Close Higher

All major sectoral indices apart from the Nifty IT and the Nifty Oil & Gas closed in the red. The two indices closed higher by up to 1.23 per cent. On the other hand, sectoral indices like the Nifty Metal and Nifty Pharma index closed lower by as much as 1.06 per cent. The Nifty MidCap 100 and the Nifty SmallCap 100 closed higher by as much as 0.37 per cent.

Global Markets

Wall Street indices, such as the S&P 500 and the Dow Jones Industrial Average ended higher by as much as 0.38 per cent. On the other hand, the Nasdaq Composite closed lower by 0.1 per cent. At the time of writing, European indices such as the FTSE 100, and the DAX Performance index were trading in the green, up by as much as 0.68 per cent.

At the same time, the CAC40 index was trading lower by 0.3 per cent. Asian indices, such as the Hang Seng traded higher by 0.16 per cent, while the Shanghai Composite traded flat with a negative bias, as it traded down by 0.05 per cent.

Ather Energy IPO Opens For Subscription

Two new SME issues opened for subscription on April 29, 2025. The public issues of Kenrik Industries and Arunaya Organics kept primary market investors busy. The bidding window of Iware Supply Chain Services IPO and Ather Energy IPO is also expected to close tomorrow.

Cues To Watch

The US wil be reporting its Q1 GDP numbers on April 30, 2025. The Bank of Japan is also slated to hold a two-day meeting from April 30 to May 1 and release the country’s industrial output data for the month of March.

Closer home, Prime Minister Narendra Modi is likely to chair the second cabinet committee on security (CCS) meeting on April 30, 2025 in the aftermath of the Pahalgam attack. Additionally, the Ministry of Statistics and Program Implementation will also release its private corporate sector capex data tomorrow.