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Markets end marginally higher; Sensex extends gain for 2nd session on foreign fund inflows

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..... Markets end marginally higher; Sensex extends gain for 2nd session on foreign fund inflows
PTI News
Dated:- 29-4-2025
PTI
Mumbai, Apr 29 (PTI) Equity benchmark indices Sensex and Nifty ticked higher for the second straight session in a volatile trade on Tuesday as investors turned cautious amid concern over geopolitical tensions. However, intense buying in blue-chips Reliance Industri .....

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..... es, Infosys and Tata Consultancy Services and unabated foreign capital inflows supported the domestic market. The 30-share BSE benchmark gauge climbed 70.01 points or 0.09 per cent to settle at 80,288.38. During the day, it jumped 442.94 points or 0.55 per cent to 80,661.31. The NSE Nifty ended marginally up by 7.45 points or 0.03 per cent to 24,335.95. "After showing a sustainable upside bounc .....

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..... e on Monday, Nifty shifted into a consolidation with a small high-low range on Tuesday and closed the day higher by 7 points. "After opening on a positive note, the market was not able to continue with the morning gains and slipped into minor weakness from the highs in the early part of the session. It later shifted into a range-bound action for the better part of the session," Nagaraj Shetti, Se .....

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..... nior Technical Research Analyst at HDFC Securities, said. From the Sensex firms, Reliance Industries, Tech Mahindra, Eternal, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services and Bajaj Finserv were the biggest gainers. In contrast, UltraTech Cement, Sun Pharma, Power Grid, NTPC, Kotak Mahindra Bank and Mahindra & Mahindra were among the laggards. The BSE midcap gauge climbed 0.23 per .....

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..... cent and smallcap index went up marginally by 0.09 per cent. Among sectoral indices, BSE Focused IT rallied 1.23 per cent, IT (1.13 per cent), capital goods (0.94 per cent), teck (0.76 per cent), industrials (0.70 per cent) and consumer durables (0.60 per cent). Metal, utilities, commodities, telecommunication, services, bankex and financial services were the laggards. Foreign Institutional In .....

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..... vestors (FIIs) bought equities worth Rs 2,474.10 crore on Monday, according to exchange data. "The market exhibited largely range-bound oscillation, as caution prevailed amid geopolitical concerns over border tensions. The sustained inflows from FIIs provided support to market sentiment and restricted further pessimism. Meanwhile, mixed Q4 results have raised the risk of downward revisions to FY2 .....

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..... 6 projections," Vinod Nair, Head of Research, Geojit Investments Limited, said. In Asian markets, South Korea's Kospi index and Hong Kong's Hang Seng settled in the positive territory, while Shanghai SSE Composite ended marginally lower. European markets were trading mostly in the green. US markets ended mostly higher on Monday. "Markets traded lacklustre and ended nearly unchanged in the absen .....

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..... ce of any significant trigger. After an initial uptick, the Nifty moved in a narrow range and closed flat," Ajit Mishra - SVP, Research, Religare Broking Ltd, said. Meanwhile, Pakistani troops violated the ceasefire along the LoC in Jammu and Kashmir for a fifth consecutive night, expanding the arc of violations to the Akhnoor sector of Jammu district, an official said on Tuesday. This was the f .....

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..... ifth consecutive night that Pakistan resorted to unprovoked firing along the Line of Control (LoC) amid heightened tensions between New Delhi and Islamabad following last week's terror attack in Pahalgam. Nearly 50 public parks and gardens located in vulnerable areas of Kashmir Valley have been shut as a precautionary measure in the wake of the Pahalgam terror attack. India's industrial producti .....

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..... on growth remained almost flat at 3 per cent in March sequentially, though on a year-on-year basis, it slipped from 5.5 per cent, mainly due to poor performance of the manufacturing, mining, and power sectors. Global oil benchmark Brent crude declined 1.59 per cent to USD 64.81 a barrel. The BSE benchmark index Sensex jumped 1,005.84 points or 1.27 per cent to settle at 80,218.37 on Monday. The .....

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..... Nifty rallied 289.15 points or 1.20 per cent to 24,328.50. PTI SUM SUM BAL BAL BAL
News - Press release - PIB .....

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