Indian stock markets could see a muted-to-negative opening today, weighed down by weakness in global cues and GIFT Nifty’s decline. As of 8:20 AM, GIFT Nifty was trading 96 points lower (-0.39%) at 24,334.0, hinting at a soft start to the session.
On April 29, the Nifty 50 closed at 24,335.95, up 7.45 points or 0.03%, while the BSE Sensex ended higher by 70.01 points or 0.09%, settling at 80,288.38.
Let’s take a look at key stocks that will be in focus on April 30:
IndusInd Bank’s CEO, Sumant Kathpalia, has resigned with immediate effect amid discrepancies in the bank’s derivatives portfolio. Kathpalia cited “moral responsibility” for acts of commission and omission that had come to his notice. The unexpected leadership change comes at a time when regulatory and internal scrutiny is intensifying.
Bajaj Finance reported robust March quarter earnings, with strong double-digit growth in both net profit and net interest income (NII). The firm announced a 4:1 bonus issue and a 1:1 stock split, where each ₹2 share will be split into two ₹1 shares.
The board also declared a record final dividend of ₹44 per share and a special dividend of ₹12 per share, supported by gains from the partial stake sale of Bajaj Housing Finance through its IPO last year.
Bharat Petroleum Corporation Limited (BPCL) posted a net profit of ₹3,214 crore for the March 2025 quarter. The strong results were driven by improved refining margins and operational efficiencies.
CEAT reported mixed Q4 results for FY25. While revenue grew 14% YoY to ₹3,420.6 crore, net profit declined by 8.4% YoY to ₹99.5 crore. Margin pressures and input costs impacted profitability, despite top-line growth.
Fedbank Financial Services posted a 6% YoY rise in net profit to ₹71.7 crore for Q4FY25. Net Interest Income (NII) increased by 34.6% to ₹283.3 crore, indicating strong loan growth and operational improvement.
IndiaMARTInterMESH reported a 49.3% quarter-on-quarter increase in consolidated net profit, reaching ₹180.6 crore for Q4FY25, compared to ₹121 crore in the December 2024 quarter. The performance reflects improved customer retention and operating leverage.
Bajaj Finserv recorded a 14% YoY increase in consolidated net profit to ₹2,416.6 crore for Q4FY25. Revenue rose 14.2% to ₹36,595 crore, driven by broad-based growth across its insurance and lending verticals.
Prestige Estates has received RERA approval for its residential project ‘The Prestige City – Indirapuram’ in the National Capital Region (NCR). The project has an estimated Gross Development Value (GDV) exceeding ₹9,000 crore, marking a major expansion in the northern Indian real estate market.
While GIFT Nifty points to a subdued opening, market focus will be on stock-specific triggers driven by quarterly earnings, leadership changes, and strategic corporate announcements. Volatility may persist as investors respond to macro cues and company-specific developments.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 30, 2025, 8:46 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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