Markets end flat in highly volatile trade as Bajaj twins, geopolitical tensions drag indices lower
The Hindu
Equity markets in Mumbai end flat amid geopolitical tensions, Bajaj twins selling; FII inflows limit decline.
Equity benchmark indices Sensex and Nifty ended flat in a highly volatile trade on Wednesday (April 30, 2025) after two days of rally amid growing concern over geopolitical tensions and selling in Bajaj twins.
Sustained foreign fund inflows, however, restricted the markets decline.
The 30-share BSE benchmark gauge declined 46.14 points or 0.06% to settle at 80,242.24. During the day, it hit a high of 80,525.61 and a low of 79,879.15, gyrating 646.46 points.
The NSE Nifty ended marginally lower by 1.75 points or 0.01% at 24,334.20.
From the Sensex firms, Bajaj Finserv dropped over 5%, while Bajaj Finance tanked almost 5% each.
Bajaj Finserv Ltd (BFL) on Tuesday (April 29, 2025) reported a 14% increase in consolidated net profit to ₹2,417 crore in the fourth quarter ended March 2025.
Meanwhile, NBFC firm Bajaj Finance on Tuesday (April 29, 2025) reported a 16% rise in standalone net profit to ₹3,940 crore in the March 2025 quarter.
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