The Sensex closed down by 46.14 points, or 0.06%, at 80,242.24, while the Nifty slipped by 1.75 points, or 0.01%, to end at 24,334.20.
Despite the slip, foreign institutional investors (FIIs) have continued to show strong support, pumping in a net Rs 37,325 crore into Indian equities over the past 10 trading sessions.
While the larger market indices experienced a pullback, mid and small-cap stocks took a heavier hit. The Nifty Midcap 100 and Smallcap 100 indices fell by 0.7% and 1.7%, respectively.
The market’s mood seemed to shift as the India VIX, which measures market volatility, spiked by 5% during today’s session, crossing the 18 mark.
Impact on the stock market
Several sectors were impacted, but Pharma and Oil & Gas emerged as the winners, with both sectors gaining by 0.6% and 0.4%, respectively. On the flip side, the Nifty Bank, PSU Bank, IT, and Metal indices suffered, with losses between 0.4% and 2%. This reflects a mixed performance across various sectors, highlighting the ongoing volatility in the market.
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| Sector/Index | Performance |
| IT & BPM sector | -0.35% |
| Healthcare sector | 0.44% |
| Oil & Gas sector | -0.04% |
| Real estate sector | 1.91% |
| PSU Bank in India | 2.23% |
Top gainers today
| Company | Price (in Rs) | Change % |
| HDFC Life Share Price | 743.70 | 4.01 |
| Maruti Suzuki Share Price | 12,257.00 | 3.51 |
| Bharti Airtel Share Price | 1,864.50 | 2.23 |
| SBI Life Insura Share Price | 1,765.80 | 2.06 |
| Power Grid Corp Share Price | 307.45 | 1.49 |
Top losers today
| Company | Price (in Rs) | Change % |
| Bajaj Finserv Share Price | 1,951.60 | -5.58 |
| Bajaj Finance Share Price | 8,634.50 | -5.04 |
| Trent Share Price | 5,172.50 | -4.06 |
| Tata Motors Share Price | 644.25 | -3.21 |
| SBI Share Price | 788.65 | -2.94 |
Market aftermath: Impact on stocks
Dr Reddy’s Laboratories (1.18% up)
Dr Reddy’s Laboratories stood out today with a notable surge in trading volume and a 1.18% increase in its share price. The stock climbed to Rs 1,190.00, reflecting strong investor interest. The pharmaceutical giant has consistently posted solid financial results, including strong revenue growth and profitability in the past quarters. Dr Reddy’s continues to hold a prominent place in the Nifty 50 index, and its stability makes it a key stock to watch amid the market’s fluctuations.
Varun Beverages (Down by 3.81%)
Varun Beverages, a leading player in the beverages sector, saw its shares decline by 3.81%, trading at Rs 509.75. Despite the generally positive financial performance of the company, the stock’s drop today highlights the unpredictable nature of the market. While Varun Beverages has demonstrated consistent revenue and profit growth, investor sentiment shifted, leading to a decline in its stock price. This just goes to show how even strong financial performance doesn’t guarantee stock price stability, especially when market sentiment is volatile.
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Avenue Supermarts (Down by 3.25%)
Avenue Supermarts, the operator behind D-Mart, experienced a 3.25% drop in its stock price, closing at Rs 4,174.30. Despite the decrease, the stock remains a strong performer in the Nifty Next 50 index, reflecting the overall health of the retail sector. Over the past few years, Avenue Supermarts has shown impressive growth in revenue and net profit. However, today’s decline shows that even well-established brands like D-Mart are not immune to market pressures, especially when investors are feeling cautious about the broader economic outlook.
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Crude Oil
In the global commodities market, crude oil futures traded lower, following weak manufacturing data from China. Brent oil futures dropped by 1.19%, reaching $62.53, while West Texas Intermediate (WTI) crude also saw a decline of 1.31%. On the Multi Commodity Exchange (MCX), the May crude oil futures stood at Rs 5,100, reflecting a decrease of 1.47%.
The weak data from China’s manufacturing PMI (which dropped to 49.0 in April from 50.5 in March) had a ripple effect on global commodity markets, including crude oil. This contraction in factory activity indicates weaker demand for oil, which may lead to lower prices in the short term. Additionally, increased crude oil inventories in the US also contributed to the downward pressure on oil prices.
Conclusion
Overall, the Indian stock market experienced a slight dip on April 30th, 2025, as the Sensex and Nifty closed in the red after a strong rally. While foreign institutional investors continued to support the market, sector-specific declines and weak performances from stocks like Varun Beverages and Avenue Supermarts added to the market’s volatility.
Despite this, certain sectors, such as Pharma and Oil & Gas, showed resilience, and stocks like Dr Reddy’s Laboratories benefited from increased investor interest. Crude oil prices also experienced a decline due to weak manufacturing data from China, which could signal further market turbulence.
The overall sentiment remains cautious, with some analysts suggesting that after the recent rally, it may be time for investors to book partial profits and raise cash levels in their portfolios. The market’s unpredictable nature requires investors to stay alert and informed as they navigate these volatile conditions.
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