Markets recover early lost ground; trade higher on foreign fund inflows
The Hindu
Equity indices recover after early dip, Sensex up 76.72 points, Nifty up 23.30 points; Bajaj firms decline.
Equity benchmark indices Sensex and Nifty bounced back after falling in early trade on Wednesday (April 30, 2025) amid sustained foreign fund inflows and a rally in the U.S. markets.
The 30-share BSE benchmark gauge declined 232.51 points to 80,055.87 in early trade. The NSE Nifty dipped 67.15 points to 24,268.80.
Later, both the benchmark indices recovered the early lost ground and were trading in the positive territory. The Sensex traded 76.72 points higher at 80,365.10, and the Nifty quoted 23.30 points up at 24,359.25.
From the Sensex firms, Bajaj Finserv dropped by 6% while Bajaj Finance tanked more than 4%.
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.
Tata Motors, IndusInd Bank, State Bank of India and UltraTech Cement were among the other laggards from the 30-share pack.
U.S. President Donald Trump to announce Federal Reserve chair nominee on January 30, amidst tensions with current chair Jerome Powell over interest rates.
Critical minerals are pivotal in energy transition, posing challenges for affordability and supply chains, warns CEA in Economic Survey.
The Economic Survey urges fiscal flexibility for the Centre while warning States about deteriorating financial conditions due to rising deficits.
Economic Survey highlights fodder shortages as key challenge for India's livestock and fisheries sectors, impacting growth and production costs.
The 2025-26 Economic Survey argues that prioritizing economic growth over immediate carbon cuts is essential for sustainable climate adaptation.
India's internet user base reaches 958 million, with 57% from rural areas, highlighting rapid digital adoption across the country.
The Economic Survey reveals a decline in agricultural growth to 3.5% in 2025-26, despite steady foodgrain production increases.
Economic Survey 2025-26 warns unconditional cash transfers risk state finances, impacting fiscal sustainability and medium-term growth.
Economic Survey 2025-26 advocates for tax rationalization on debt-assets to enhance investment in corporate bonds and savings.
Restrictions may also be levied on marketing of infant and toddler milk and beverages to tackle rising obesity
Commercial Vehicles major Tata Motors Ltd. (TML) for the third quarter ended December 31, 2025 reported a 48% fall in consolidated net profit to ₹705 crore as compared with ₹1,355 crore in the year ago period due to one-time impacts of Labour Code and de-merger.
India’s energy gap between supply and demand has dropped to nil by November 2025
India's pharma industry shifts to value-driven approaches, focusing on complex generics, innovation, and expanding medical device exports.