India’s share market indices, Sensex and Nifty50, opened with marginal gains on Wednesday, April 30, 2025. The Sensex (index with top 30 firms) surged 82.42 points to open at 80,370.80 on Wednesday. Meanwhile, Nifty50 (index with top 50 firms) was up 6.10 points to open at 24,342.05 points.
On NSE, the shares of Dr Reddy’s Labs, L&T, Cipla, Tata Consumer, and TCS were among the gainers on the Nifty, while Bajaj Finserv, Bajaj Finance, Trent, Tata Motors and SBI were among the losers.
Currently, strong inflows from foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) are driving the Indian share market. Moreover, market experts highlighted that the gains are primarily driven by positive flows from both domestic and international fronts. However, experts believe that uncertainty continues to linger due to the geopolitical risk of a potential kinetic action against Pakistan.
Moreover, the foreign investors have invested Rs 1,872 crore in the Indian equities this month as of April 29. Notably, April is the first month which saw inflows from foreign portfolio investors in this calendar year. They offloaded shares worth Rs 78,027 crore in January, Rs 34,574 crore in February, and Rs 3,973 crore in March. With this, the foreign investors have offloaded shares worth Rs 1,14,702 crore in calendar year 2025, so far.
What Else For Share Market?
Varun Aggarwal, MD, Profit Idea, told ANI, “options data reflects growing caution. Call writers now dominate, with significant open interest at the 24,500 strike (1.65 crore contracts), establishing a strong resistance.”
Meanwhile, Way2Wealth research team said in its outlook note, “Nifty remains bullish across daily, weekly, and intraday timeframes. It has witnessed a breakout of a falling trendline, which converged with a double bottom breakout — indicating a potential major trend reversal.”
The note added, “The candlestick pattern indicates that some bearishness may continue in today’s session.”
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