Post Market, 29 April 2026: Sensex Rises 609 Points, Nifty Ends Above 24,170 After Late Pullback

Markets moved higher through the first half of Wednesday’s session, 29 April 2026, supported by buying in select sectors and stock-specific action around earnings.

However, by the close, while the benchmarks were still in the green, they were well off their intraday highs. The shift suggests that while sentiment has improved, investors are still cautious at higher levels.

Closing Bell

Sensex gained about 0.79% to close at 77,496.36. The Nifty 50 rose 0.76% to settle at 24,177.65.

Broader Markets

Broader markets followed a similar trend. The Nifty mid-cap and Nifty small-cap indices opened firm but lost momentum later in the day, ending on a mixed note.

Sector-wise, trends were mixed. FMCG, realty and auto stocks saw buying interest, and each index moved up over 2%. IT shares also edged higher, continuing their recent recovery.

Metals, and pharma sectors also saw limited gains. On the other hand, media and PSU bank indices ended lower, reflecting continued pressure in select segments.

Q4 Result Updates

• Adani Power: Net profit up 64% at ₹4,271 crore (YoY); revenue up 10% at ₹15,989 crore

• Bajaj Finance: Consolidated profit up 22% at ₹5,464.57 crore vs ₹4,479.57 crore (YoY); net interest income up 20% at ₹11,781 crore vs ₹9,808 crore posted in the fourth quarter of fiscal 2025.

• IIFL Finance: Net profit at ₹587 crore vs ₹208 crore (YoY); total income up 42.6% at ₹3,670 crore vs ₹2,594 crore

• MAS Financial: Consolidated net profit up 25% at ₹103 crore vs ₹82.5 crore; sales rose up 23.54% at ₹542.47 crore vs ₹439 crore

• Vedanta: Revenue at ₹51,524 crore vs estimate ₹49,350 crore; net profit at ₹9,352 crore vs estimate ₹8,100 crore

• Federal Bank: Net profit up 22.2% at ₹1,259 crore vs ₹1,030 crore; NII up 33% at ₹3,174 crore vs ₹2,378 crore; operating profit up 55.3%

• Indian Bank: Net profit up 5% at ₹3,103 crore vs ₹2,956 crore; NII up 11.3%; provisions rose 54.2%

• Sterlite Tech: Revenue up 37% at ₹1,441 crore vs ₹1,052 crore; net profit at ₹59 crore vs ₹5 crore

• Bansal Wire: Net profit up 20.8% at ₹40 crore vs ₹33.1 crore; revenue up 21%

• Indian Overseas Bank: Net profit up 43.2% at ₹1,505 crore vs ₹1,051 crore; NII up 11%

• Granules India: Net profit up 32.6% at ₹202 crore vs ₹152 crore; revenue up 22.8%

What Moved The Markets Today?

Markets ended higher but with a clear loss of momentum in the second half. The session began on a flat note and picked up pace in early trade. The early strength, however, did not last. Selling picked up as the day progressed, and indices gradually gave up a large part of their gains.

Global factors also remained in focus, with continuing U.S.-Iran tension also keeping risk sentiment in check. At the same time, investors remained cautious ahead of the US Federal Reserve policy decision. With inflation still above target levels, investors are looking to the Fed’s commentary for direction.

After the recent correction, some buying has returned, helped by earnings that have come in better than expected so far. However, volatility is likely to persist due to global uncertainty and sector-specific developments.

Commodities Watch: Gold And Silver

Gold and silver traded in a narrow range as investors awaited cues from the US Federal Reserve.

Gold futures on MCX for June 2026 slipped by 0.57%, settling at ₹1,49,175 per 10 grams compared to the previous close. Silver for May 2026 also moved lower, down 0.43% to ₹2,36,323 per kilogram at 16:34 IST, as the dollar stood firm.

What Should Investors Watch Next?

Markets may stay influenced by global developments in the near term. Attention will be on the US Federal Reserve’s policy outcome and any signals on interest rates.

At the same time, Q4 earnings are likely to keep stock-specific activity active. How well indices manage to hold gains at higher levels will be watched closely in the next few sessions.

Sources:

The Economic Times

NDTV Profit

Mint