MUMBAI: The rest of market was a little cautious today April 30, 2025 with mixed global signals and domestic factors helping to determine today market sentiment as Indian indices open mixed.
NIFTY 50 index which traded flat soon after the markets open at 24,281.60, then faced some intraday volatility and now it is around the range of 24,300-35.
Sensex also started cautiously today, at 80,117.08 after trading ranges from morning session.
Market watcher are working in a matrix of multiple inputs. Asian markets continue to trade modestly higher after a mixed finish in Wall Street overnight. After trade deal discussions are ongoing, as well as at least some positives are emanating from the US-India talks.
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Are continuing yet substantial indices like domestic trade scenario does is a significant factor for cautiousness and volatility within the market bases mostly on the India-Pakistan situation tail account geopolitical tension. Quarter Results have had their impact — Stock-specific reactions to recent quarterly earnings are driving moves in domestic. Bajaj Finance/ Bajaj Finserv shares are trading lower today as they reported their results. Focus on IndusInd Bank as CEO resigns The other side some sectors never slipped into the previous trading session.
Looking at the charts, the Nifty seems to be in consolidation with an immediate resistance/support range around 24,4500-20 in the 24,400-24,200.
The market breadth paints a picture of indecisiveness and last week’s evening saw tiniest gains on Indian VIX—to reiterate, a measure for how the market trades with potential price jolts.
Interwoven global cues, corporate performance updates and geopolitical updates are likely to continue dictating trading today with these interwoven global cues. Keep eyes keep on alert investors in the current environment of vagaries.
