Only 826 stocks advanced on the National Stock Exchange and 1,754 declined out of the 2,663 stocks that were traded

Equity benchmark indices traded flat weighed down by Indo-Pakistan geo-political tensions, global cues and cautious investor sentiment.

Sensex traded at 80,329.04 as at 12.13 pm, and Nifty 50 was at 24,345.35. Smallcap indexes declined while midcap stocks showed resilience. Nifty smallcap index dropped 0.86 per cent to 16,595.55, and Nifty midcap 100 slipped 0.09 per cent to 54,540.85.

 Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments, said, ““The surprising resilience of the market is significant. However, investors should exercise caution. Since markets have rewarded patience and many stocks have appreciated handsomely, investors can do partial profit booking and increase the cash component in their portfolio. This strategy should be as a measure of abundant caution. There are unknown unknowns in the market now.” 

On the sectoral front, banking stocks declined, while realty gained 3 per cent. Pharma, FMCG, auto and IT stocks traded in green.

Only 826 stocks advanced on the National Stock Exchange and 1,754 declined out of the 2,663 stocks that were traded.

About 30 stocks hit the upper circuit and 41 hit the lower circuit.

On Tuesday, FIIs bought equities worth ₹2,385.61 crore. Sensex settled at 80,288.38 and Nifty 50 at 24,335.95. Brent crude declined 1 per cent to $63.31 a barrel. US equity markets closed higher, with the S&P 500 extending its winning streak to six consecutive days. 

Top gainers & losers

Shares of HDFC Life, Maruti, Jio Financial, Power Grid and Sun Pharma lead the gainers of Nifty 50 constituents with 1-3 per cent gain. Meanwhile, Bajaj Finserv, Bajaj Finance, Trent, Tata Motors and SBI depreciated.

The twin Bajaj companies declared Q4 results yesterday after market hours. Despite posting a higher fourth-quarter profit, Bajaj Finance tumbled as multiple brokerages flagged weak pre-provision profit and higher credit costs as negatives.

Stocks in action

Among other stocks, IndusInd Bank also declined after its CEO Sumant Kathpalia resigned with immediate effect on Tuesday.

Shares of Vishal Mega Mart hit the upper circuit post stellar Q4 performance. Trent, Ambuja Cements and CEAT were also in focus due to results. Today, Vedanta, Adani Power, Indian Oil Corp, Ajanta Pharma, Bandhan Bank, Coromandel International, Crisil, Elantas Beck India, Equitas Small Finance Bank, Exide Industries, Federal Bank, Go Fashion (India) and more will announce their results. Track live updates

Gensol shares have tumbled 5 per cent to another lower circuit of ₹77.29.

Sonata Software rallied 6 per cent among smallcap stocks, while KFin Tech, Tejas Networks, Five Star and CreditAccess fell 4-6 per cent. Among midcap, Vishal Mega Mart, IGL, Tube Investments, Apollo Tyres and Godrej Properties soared 4-10 per cent.

On the BSE, RR Kabel, CEAT and Paras soared 6-9 per cent, while Shoppers Stop, Bajaj Finserv, Praj Industries fell 7 per cent.

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Published on April 30, 2025