Stock Market Today: Sensex at 80,382, Nifty at 24,361

The Sensex gains 94 points to reach 80,382, and the Nifty advances by 25 points to 24,361

On April 30, 2025, the Indian stock market was cautiously optimistic even as it stared at mixed global cues and some domestic uncertainties. The BSE Sensex opened at 80,088.27, down by 200.11 points or 0.25% on the other hand, the Nifty 50 opened at 24,281.60, up by 54.35 points or 0.22%. 

Market Overview

Moving steadily through the trading day, the Sensex is up 94 points to 80,382 and the Nifty increases by 25 points to 24,361. Even positive cues from other markets around the globe do not inspire confidence of participation as many look toward the May Day holiday on Thursday. Analysts pointed out that most of the recent gains in the market can be attributed to impressive Q4FY25 results from companies—especially Reliance Industries—and easing of global trade tensions. 

The improving domestic data coupled with expectation of further RBI rate cuts lent support to the sentiment. However, caution prevails due to the uncertain tariffs proposed by U.S. President Donald Trump, as investors will now closely watch Wall Street earnings and macro data. 

Sectorial Performance 

IT space remained quite resilient; Tata Consultancy Services (TCS) closed at ₹3,471.50 after gaining by 0.81%, while HCL Technologies cemented its strength in the technology space by gaining about 1.27%. 

In contrast, the financials are not getting a silver lining. Bajaj Finance showed a higher profit in the fourth quarter, but the share is down by 5.4% for a worry about weak pre-provision profits and higher costs of credit.

IndusInd Bank's shares fall over 3% after MD and CEO Sumant Kathpalia resigns, taking "moral responsibility" for derivative lapses that caused a nearly ₹2,000 crore loss. 

The energy sector sees positive movement, with Bharat Petroleum Corporation rising 2% after reporting better-than-expected quarterly results. 

IPO Activity

The primary market remains active. The subscription window for Ather Energy IPO (Mainline) and Iware Supplychain Services IPO (NSE SME) closes today. Tankup Engineers IPO (NSE SME) lists today, debuting at ₹175 per share, a 25% premium over its issue price of ₹140. Arunaya Organics IPO (NSE SME) and Kenrik Industries IPO (BSE SME) enter Day 2 of their subscription window. 

Volatility and Market Sentiment

The India VIX rises by 2.54% to 17.37, indicating elevated volatility and the possibility of sharp intraday swings. Options data shows a shift in sentiment, with call writers outpacing put writers at key levels, suggesting resistance near 24,500. The Put-Call Ratio declines to 0.84, reinforcing a cautious outlook.

Geopolitical Factors

Tensions between India and Pakistan escalate following a deadly militant attack in Kashmir. Indian Prime Minister Narendra Modi grants military leaders freedom to respond, leading to heightened market volatility. Despite these tensions, Indian shares remain largely flat, with the Nifty 50 slipping 0.05% to 24,324 and the BSE Sensex falling 0.07% to 80,236.6 in early trading. 

Indian stock markets on April 30, 2025, reflect a balance between positive domestic earnings and global uncertainties. While sectors like IT and energy show strength, financials face challenges. IPO activities continue to attract investor interest. However, geopolitical tensions and global trade concerns keep market participants cautious. Investors are advised to monitor developments closely and adjust their strategies accordingly.