Market Wrap: Nifty and Sensex End Flat Amid Mixed Sectoral Performance on April 29, 2025

1 min read     Updated on 29 Apr 2025, 03:31 PM
scanxBy ScanX News Team
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Overview

Indian stock markets closed flat on Tuesday, with Nifty at 24,328.50 (+0.00%) and Sensex at 80,246.48 (+0.04%). Aerospace & Defense sector led gains (+4.69%), while Aviation saw the steepest decline (-3.10%). Go Digit General Insurance fell 6.78% despite strong Q4 results, and Paras Defence surged 20% ahead of Q4 announcement. Market breadth was slightly negative with 2,280 declines vs 1,980 advances out of 4,260 traded scrips.

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*this image is generated using AI for illustrative purposes only.

Market Overview

The Indian stock markets concluded Tuesday's trading session on a flat note, with both major indices showing minimal movement. The NSE Nifty 50 closed at 24,328.50, up by a marginal 0.15 points or 0.00%. Similarly, the BSE Sensex finished at 80,246.48, registering a slight gain of 28.11 points or 0.04%.

Sectoral Performance

The day saw a mixed bag of sectoral performances, with some sectors surging while others faced significant headwinds.

Top Performing Sectors

  1. Aerospace & Defense (+4.69%)
  2. Transport Services (+1.08%)
  3. Diversified (+0.84%)
  4. Forest Materials (+0.66%)
  5. Engineering Services (+0.61%)

Top Losing Sectors

  1. Aviation (-3.10%)
  2. Power (-0.63%)
  3. Utilities (-0.58%)
  4. Telecom (-0.48%)
  5. Healthcare (-0.47%)

Buzzing Stocks

Go Digit General Insurance Ltd

Despite reporting a 120% increase in Q4 net profit and 12% growth in revenue, the stock faced selling pressure, closing 6.78% lower at ₹288.20.

Tata Technologies Ltd

The stock declined 6.15% to ₹662.20 following news of a significant block trade on the NSE, with approximately 16 million shares changing hands at ₹683.25 per share.

Paras Defence and Space Technologies Ltd

Ahead of its Q4 results announcement and potential stock split decision, the stock surged 20% to close at ₹1,372.50.

Market Breadth

The overall market breadth leaned slightly negative:

Category Number of Scrips
Total Traded 4,260
Advances 1,980
Declines 2,280

Conclusion

The Indian markets ended the day on a flat note, with the Nifty and Sensex showing minimal changes. While sectors like Aerospace & Defense and Transport Services showed strength, Aviation and Power sectors faced headwinds. The market breadth remained slightly negative, with more declines than advances among the traded scrips.

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