News Markets Market Wrap: Nifty and Sensex End Flat Amid Mixed Sectoral Performance on April 29, 2025Market Wrap: Nifty and Sensex End Flat Amid Mixed Sectoral Performance on April 29, 2025
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.
*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
- Aerospace & Defense (+4.69%)
- Transport Services (+1.08%)
- Diversified (+0.84%)
- Forest Materials (+0.66%)
- Engineering Services (+0.61%)
Top Losing Sectors
- Aviation (-3.10%)
- Power (-0.63%)
- Utilities (-0.58%)
- Telecom (-0.48%)
- 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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