Indian Stock Market Weekly Highlights (April 29 – May 3, 2025)
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This week, Indian equity markets displayed mixed trends as investors balanced corporate earnings, macroeconomic data, and global cues. Benchmark indices remained range-bound with sectoral rotation driving movements.
Key Index Performance
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Nifty 50: Ended the week flat at 22,480, gaining just 0.2%.
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Sensex: Closed marginally higher at 74,010, up 0.3%.
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Nifty Bank: Underperformed, ending the week down 1.1% amid weakness in PSU banks.
Market Drivers
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Q4 Earnings Season in Full Swing:
Major companies like Reliance Industries, HDFC, and Vedanta reported their Q4 results. While most large caps posted stable performance, weak margins in some sectors (like IT and metals) capped market gains. -
RBI Policy Expectations:
With the upcoming monetary policy meeting next month, investors are closely tracking inflation and liquidity trends. The RBI is widely expected to maintain a cautious stance. -
Global Market Cues:
Mixed signals from the US Fed, coupled with ongoing tensions in the Middle East and volatility in crude oil prices, kept traders on edge. -
FII/DII Activity:
Foreign institutional investors (FIIs) were net sellers this week, while domestic institutions (DIIs) provided support, especially in mid and small-cap segments.
Sectoral Trends
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Gainers: FMCG, auto, and pharma stocks performed well, supported by strong earnings and defensive buying.
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Laggards: IT and metal stocks saw selling pressure due to margin worries and global demand concerns.
IPO and Corporate News
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JNK India IPO made a strong debut, listing at a 28% premium over its issue price.
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Vedanta and other commodity companies were in focus following Q4 earnings and restructuring updates.
Outlook for Next Week
Markets are likely to remain volatile with key triggers including the US jobs data, India’s services PMI, and more Q4 earnings reports. Analysts suggest maintaining a stock-specific approach with a focus on quality companies and defensives.