Markets at Noon: Mixed Signals as Nifty Dips, Sensex Inches Up on April 29, 2025
By ScanX News Team
Indian markets show mixed trends at midday on April 29, 2025. Nifty 50 is down 0.07% while Sensex is up 0.01%. Aerospace & Defense leads gains at +2.84%, while Aviation sector plummets -2.67%. Tata Technologies falls 5.85% on block trade news, Whirlpool of India surges 8.35% on potential stake sale rumors. Market breadth remains balanced with key stocks influencing sectoral performance.
*this image is generated using AI for illustrative purposes only.
Market Overview
As the clock strikes noon on April 29, 2025, Indian markets are displaying mixed signals. The Nifty 50 is trading slightly lower at 24,311.55, down 16.95 points or 0.07% from its previous close. In contrast, the BSE Sensex is marginally up, trading at 80,227.74, a small gain of 9.37 points or 0.01%.
Sectoral Performance
Top Performing Sectors
| Sector | Performance |
|---|---|
| Aerospace & Defense | +2.84% |
| Engineering Services | +1.57% |
| Diversified | +1.24% |
| Forest Materials | +1.08% |
| Transport Services | +0.66% |
Underperforming Sectors
| Sector | Performance |
|---|---|
| Aviation | -2.67% |
| Utilities | -0.70% |
| Media | -0.55% |
| Telecom | -0.31% |
| FMCG | -0.28% |
Buzzing Stocks
Tata Technologies Ltd: The stock is down 5.85% following a significant block trade on the NSE. Approximately 16 million shares were traded at ₹683.25 per share, totaling ₹1,093.67 crores. TPG Rise Climate is expected to sell 1.59 crore shares at a 1-5% discount to the current market price.
Hatsun Agro Product: Trading 5.61% lower after announcing Q4 results. The company reported a net profit of ₹496.00 million, down from ₹521.60 million year-over-year, while revenue increased to ₹22.00 billion from ₹20.47 billion in the same quarter last year.
V2 Retail Ltd: The stock hit the lower circuit, falling 5% following the resignation of CEO Manshu Tandon, effective April 28. No successor has been named yet.
Whirlpool of India Ltd: Bucking the trend with an 8.35% gain amid reports that its parent company, Whirlpool Corporation, is exploring the possibility of selling up to 31% stake in the Indian unit.
Market Breadth
The overall market sentiment appears mixed, with the Nifty 50 showing a slight decline while the Sensex manages to stay in the green. The divergence in sectoral performance, with Aerospace & Defense leading gains and Aviation facing the steepest decline, reflects the complex dynamics at play in today's trading session.
