Stock Market Today: Sensex Trades Flat Post Positive Opening; Nifty50 Tests 24,350

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Posted by : sachet | Tue Apr 29 2025

Stock Market Today: Sensex Trades Flat Post Positive Opening; Nifty50 Tests 24,350

Stocks, Share Market Today: Indian equity market opened in a green zone on Tuesday, 29th April 2025. BSE Sensex opened 350 points at the opening bell. Currently at 10:08:09 IST, BSE Sensex surged 42.39 points or 0.053% to reach 80,260.76. Moreover, Nifty50 trades 9.15 points or 0.038% up to reach 24,337.65. Investors are cautious about India-Pakistan conflicts and their Western peers. Explore the key highlights for the stock market today to invest optimally on 29th April 2025.

Table of Contents

Key Considerations for Stock Market Today

Corporate results of giant players such as Bajaj Finance, Bajaj Finserv, BPCL, Ambuja Cements, and IndiaMart are set to be declared today.
A positive opening built investors’ confidence to trade in the stock market today.
Global markets opened with a mixed note, but the NASDAQ composite retreated marginally as technology stocks posted weak performance.

Technical Levels to Consider

NIFTY 50

Support: 24,368.00 / 24,225.00
Resistance: 24,532.00 / 24,604.00

Bank Nifty

Support: 55,407.00 / 55,248.00
Resistance: 55,901.00 / 56,120.00

Sector Outlook

In the stock market today, investors will likely focus on healthcare, auto ancillaries, selective financials, and energy sectors. Stocks in these sectors may face high volatility or gains during the intraday session.

Stocks to Watch Today: 29th April 2025

UCO Bank: Net profit of UCO Bank rose to reach ₹652.43 crore against ₹525.77 crore, while net interest income stood at ₹2,698 crore against ₹2,187 crore YoY. Analysts have a positive outlook for UCO Bank shares for the near term as well as the long term.
DMART: DMART or Avenue Supermarts has launched a new store in Rewa, Madhya Pradesh. Total DMart stores now reached 418 as of 29th April 2025. DMART’s expansion has built investors’ confidence in the Avenue Supermart share price.
Wipro: Wipro wins 5-year IT transformation engagement with Vorwerk, a top European direct sales company.
IOL Chemicals: IOL Chemicals received approval from China’s Centre for Drug Evaluation (CDE) for Ibuprofen.
CESC: CESC signs a power purchase agreement (PPA) for a 300 MW wind-solar hybrid project at a tariff of ₹3.81/kWh with Bhojraj Renewables Energy. This PPA may contribute to increasing the renewable energy footprints of CESC across the country.

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