As of 2:00 PM today, both benchmark indices were trading flat, with the Sensex at 80,344.03, up by 55.65 points (0.069%) and the Nifty 50 at 24,354.40, rising by 18.45 points (0.076%).
Among the top gainers, Sonata Software, Ceat, Schaeffler India, and V-Sharemega were leading the pack. On the other hand, the top losers included Bajaj Finserv and Bajaj Finance, which saw a decline in their stock prices.
The Indian stock market began on a muted tone on Wednesday, following mixed global cues. The Sensex fell more than 150 points amid rising tensions between India and Pakistan, while the Nifty started the day below the 24,350 level. As concerns about tariffs gain traction, Wall Street stocks rose Tuesday in the wake of U.S. President Donald Trump's tariff negotiations. In the early hours of today's trading, Asian markets were mixed, with the KOSPI down 0.60% and the Hang Seng down 0.30%.
The focus of attention today will be on the stock-specific from Bajaj Finserv, Trent, BPCL, and Ambuja Cements, particularly Bajaj Finance, which announced the promotion of three senior leaders to the position of Deputy Chief Executive Officer (CEO) and the achievement of a quarterly profit of Rs 4,500 Cr and a customer milestone of Rs 100 million in Q4 FY25. Interestingly, the Q4 results of Adani Power, Vedanta, IOCL, Varun Beverages, INDUS TOWERS, Jindal Steel & Power, Coromandel International, JSW Infrastructure, Phoenix Mills, Federal Bank, Ajanta Pharma, CRISIL, and Bandhan Bank will be made public on Wednesday, April 30.
LIVE Feed
Apr 30, 2025, 2:11 pm IST
Greaves Cotton Announces Q4 & FY25 Results
Greaves Cotton Limited, a diversified engineering company in India, has reported strong financial results for the period ending March 31, 2025, highlighting its strategic advancements and adaptability in a competitive landscape. Full year FY25, consolidated revenues reached Rs. 2,918 crore, backed by strong contributions across all business verticals. Standalone revenues for Greaves Cotton grew by 12% YoY to Rs. 1,988 crore, while EBITDA increased by 11% to Rs. 260 crore. Excel contributed Rs. 268 crore driven by streamlined operations, innovative solutions, and sustained demand across its portfolio. In Q4 FY25, consolidated revenue stood at ₹823 crore, with standalone revenue up by 19% to ₹573 crore. Excel delivered standout performance with revenue growth of 15% in Q4 achieving revenue of ₹75 crore
Apr 30, 2025, 1:59 pm IST
Bajaj Finance Shares Drop 5% Post Q4
Shares of Bajaj Finance corrected sharply by nearly 6% intraday on the NSE after the company reported Q4 FY24 earnings. At the opening bell today, Bajaj Finance shares saw a dip of 2.7%, starting at Rs. 8,843, down from the previous closing price of Rs. 9,093. Throughout the day, the stock experienced further declines, hitting an intraday low of Rs. 8,556, with a 5.9% drop.
Ather Energy IPO Day 3: Subscription Window Closes Today
Today is the final day to subscribe to the Ather Energy IPO, which opened for subscription on April 28th and generated a lot of buzz in the market. However, despite the hype, investor response has been weak, with the Ather IPO subscription status standing at just 35% overall on day 3
Varun Beverages Limited operating in the beverage industry, announced its financial results for the first quarter ended March 31, 2025. Revenue from operations (net of excise / GST) grew by 28.9% YoY to Rs. 55,669.4 million in Q1 CY2025 as compared to Rs. 43,173.1 million in Q1 CY202. Consolidated sales volume grew by 30.1% to 312.4 million cases in Q1 CY2025 from 240.2 million cases in Q1 CY2024 driven by strong organic volume growth of 15.5% in India and in-organic volume contributions from South Africa and DRC. Net realization per case increased by 1.8% in India and remained flat in international markets (ex. South Africa). There is a decline of 0.9% in net realization per case at the consolidated level because of lower realization in own brands in the South African market. South Africa achieved 141 million cases in the trailing four quarters, reflecting ~13% growth over the same period last year.
Apr 30, 2025, 11:59 am IST
Stock Market Live Update: Gold and Silver Prices Dip on Akshaya Tritiya 2025
On the occasion of Akshaya Tritiya, gold prices fell in the domestic futures market as trade war concerns eased and the US dollar remained stable. Gold June futures on the Multi Commodity Exchange (MCX) opened at Rs 95,208 per 10 grams, down by 0.4% or Rs 384, as investors booked profits. Silver July futures also opened lower, slipping by Rs 826 or 0.84% to Rs 97,292 per kilogram.
Apr 30, 2025, 11:36 am IST
Stock Market Live Update: IndusInd Bank Shares Fall Over 2% After CEO Sumit Kathpalia Resigns
IndusInd Bank shares declined on Wednesday after the sudden resignation of CEO Sumit Kathpalia, who stepped down with immediate effect. The stock dropped more than 2.3%, snapping a five-day winning streak.
Apr 30, 2025, 10:36 am IST
Stock Market Live Update: Rupee Drops 19 Paise to 85.15 Against US Dollar in Early Trade
The Indian rupee weakened by 19 paise to 85.15 against the US dollar during early trade on Tuesday, as rising geopolitical tensions between India and Pakistan weighed on investor sentiment.
Apr 30, 2025, 9:21 am IST
Nifty Prediction For Wednesday By Anand James, Chief Market Strategist, Geojit Investments Limited
Upswings failing to breach 24500, and the rejection trades thereof forcing a close back below 24359, the recent peak, signals exhaustion. The 24300 regions did step in and hold slippages as anticipated yesterday, but momentum appears to be slowing. This calls for a sideways trade, until a few hours’ trade above 24359 is seen. Until then, the support levels identified at 24190, 24070, 23950, and 23670 will remain in focus.
Apr 30, 2025, 9:10 am IST
Market Outlook Today By Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
The surprising resilience of the market is significant. After the reciprocal tariff tantrums and the heightened tensions between India and Pakistan, Nifty is up 5% in April. This underscores the importance of not panicking during a crisis. It is important to remain invested.
The crucial support to the market is coming from the sustained FII inflows which have touched a cumulative figure of Rs 37325 crores in the last 10 trading sessions. The weakness of the dollar and India’s economic resilience are supporting this FII’s India trade. This can continue.
However, investors should exercise caution. Since markets have rewarded patience and many stocks have appreciated handsomely, investors can do partial profit booking and increase the cash component in their portfolio. This strategy should be as a measure of abundant caution. There are unknown unknowns in the market now.
Apr 30, 2025, 8:30 am IST
Patel Engineering In Focus
Ventura Securities maintains a BUY rating on Patel Engineering Ltd with a target price of Rs 63, valuing the stock at 9.8x FY27E EPS, supported by its strong execution, reduced debt, and increased infrastructure spending.
Apr 30, 2025, 8:16 am IST
Bajaj Finance In Focus On Announcing Key Leadership Elevations
Three senior executives were promoted to deputy chief executive officer (CEO) positions by Bajaj Finance Limited on Tuesday. The three presidents—Manish Jain, Sidhant Dadwal, and Harjeet Toor—have been promoted to deputy chief executive officers as of May 1, 2025. In addition to their existing responsibilities, the newly appointed Deputy CEOs will continue to report to Managing Director Anup Saha and take on responsibility for other business areas.
Apr 30, 2025, 8:11 am IST
Bank Nifty Options Market Insights By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The options data signals a gradual shift in sentiment from optimism to caution. Call writers have stepped up their presence, outpacing put writers — a notable headwind for bullish traders. The 55,500 strike witnessed significant open interest buildup (10.89 lakh contracts), establishing it as an immediate resistance hurdle. Meanwhile, the 55,000 strike continues to attract strong put writing (9.11 lakh contracts), indicating a sturdy support just beneath current levels. The clustered OI between 55,500 and 56,000 underscores this zone as a decisive resistance ceiling. Interestingly, while put writers are rolling down to lower strikes, call writers are intensifying their exposure, reflecting increasing unease in the market. The Put-Call Ratio (PCR) dropped to 0.99 from 0.91, marking a visible tilt towards bearish positioning. Max Pain is now anchored at 54,500, supporting a range-bound narrative for the short term — unless a clean breakout takes place.
Apr 30, 2025, 8:10 am IST
Nifty Bank remains trapped below 56K – Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The index has been oscillating within a clearly defined range of 54,300 to 56,000 for the past seven sessions — a critical band likely to influence the next directional breakout. From a technical perspective, the inability to surpass the crucial 56,000 mark raises red flags for short-term momentum. However, the index is still holding above its 10-day EMA, reaffirming a bullish-to-sideways trend. Notably, a shooting star-like candlestick has formed on the daily chart, and a follow-through on the downside could trigger aggressive profit booking.
Encouragingly, the broader price action continues to favour a consolidative setup, with the index lacking clear directional cues and instead reflecting strong positioning by market participants at both ends. Immediate resistance is packed between 56,000–56,200, a zone acting as a robust supply barrier. A decisive move above this zone could revive bullish momentum and trigger a fresh leg higher.
On the momentum front, the daily RSI is hovering just above 70 but showing early signs of weakening strength, reinforcing a cautious tone. A breakout above 56,100 could spark short-covering rallies and renewed buying interest, whereas a breakdown below 55,000 might drag the index toward the 54,500–54,300 zone.
Apr 30, 2025, 8:09 am IST
Nifty Options Market Insights By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
The options data signals a gradual shift in trader sentiment — from confidence to caution. Call writers have ramped up their positions aggressively, overtaking put writers, which is a subtle warning sign for bullish setups. The 24,500 strike has amassed a heavy open interest of 1.65 crore contracts, marking it as a strong near-term resistance ceiling. Conversely, the 24,000 strike has seen substantial put writing of 1.12 crore contracts, reinforcing it as a key support just below current levels. The significant build-up of open interest in the 24,400–24,500 band further highlights it as a crucial resistance zone. Notably, while put writers have begun shifting to lower strikes, call writing has intensified, signaling an undercurrent of nervousness among participants. The Put-Call Ratio (PCR) has dropped sharply from 1.17 to 0.84, indicating a clear tilt toward caution, as sellers gain ground. Max Pain remains anchored at 24,300, suggesting a range-bound stance with any upside likely capped unless a breakout is achieved.
Apr 30, 2025, 8:08 am IST
Nifty Outlook Today By Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
From a technical standpoint, waning upside momentum is flashing caution signals, with the price repeatedly failing to surpass the critical resistance at 24,500. Yet, the index continues to hold above its 10-day EMA, reinforcing a bullish-to-sideways market structure. A formation resembling a shooting star candlestick has appeared on the daily chart, and a follow-through on the downside may pave the way for aggressive profit-taking. Encouragingly, the price action continues to favor a consolidation phase, as Nifty remains devoid of a clear trend, hinting at strong positioning from both sides at key levels. Immediate resistance is packed between 24,400 and 24,500 — a zone that may act as a formidable supply wall. A decisive breakout beyond this resistance band could rekindle bullish momentum and propel a fresh leg up.
From a momentum angle, the daily RSI hovers slightly above 60 but is displaying negative divergence, which further underlines a cautious undertone. A move above 24,450 could trigger short-covering rallies and attract fresh buying, whereas a drop below 24,200 may lead to a correction toward 23,900–24,000.
Click it and Unblock the Notifications
Sign in with Google