Market Overview:
On April 29, 2025, Indian benchmark indices experienced a downturn. The BSE Sensex declined by 315 points, while the NSE Nifty fell below the 24,250 mark. This decline was primarily due to losses in heavyweight stocks like Reliance Industries and major banking shares. However, foreign inflows and optimism over easing U.S.-China trade tensions provided some support to investor sentiment. The Economic Times
🏢 Sector-wise Performance:
🔌 Energy
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Reliance Industries: The stock faced selling pressure, contributing significantly to the Sensex’s decline.
🏦 Financial Services
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Bajaj Finance: Announced a 4:1 bonus issue and a 1:2 stock split. Additionally, declared a final dividend of ₹44 per share and a special dividend of ₹12 per share, totaling ₹56 per share. The company’s Q4 net profit rose by 19% YoY to ₹4,546 crore. Business Finance News+3Moneycontrol+3mint+3Upstox – Online Stock and Share Trading+1Upstox – Online Stock and Share Trading+1
🏥 Healthcare
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Sanofi India Ltd: Declared a final dividend of ₹1170 per share. Home – BOBCAPS
🏗️ Infrastructure
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HUDCO: The board met to consider a second interim dividend for FY25. Previously, an interim dividend of ₹2.05 per share was declared on January 30, 2025. The Economic Times+4Business Finance News+4The Financial Express+4Upstox – Online Stock and Share Trading
🛡️ Defense
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Hindustan Aeronautics Ltd (HAL): Declared a first interim dividend of ₹25 per share for FY25. The dividend payment date is set on or before March 14, 2025. Upstox – Online Stock and Share Trading+4Upstox – Online Stock and Share Trading+4Goodreturns+4
💰 Dividend Announcements
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Bajaj Finance: Final dividend of ₹44 and special dividend of ₹12 per share. Moneycontrol
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Sanofi India Ltd: Final dividend of ₹1170 per share. Home – BOBCAPS+1mint+1
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Schaeffler India Ltd: Final dividend of ₹1400 per share. Home – BOBCAPS
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CRISIL Ltd: Final dividend of ₹2600 per share. Home – BOBCAPS
🎁 Bonus and Stock Split Announcements
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Bajaj Finance: Announced a 4:1 bonus issue and a 1:2 stock split. Business Finance News+5Moneycontrol+5mint+5
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Global Education Ltd: Declared a 5:2 stock split and a first interim dividend of ₹2.50 per share. Groww+6Goodreturns+6Upstox – Online Stock and Share Trading+6
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Coforge: Approved a 1:5 stock split. Upstox – Online Stock and Share Trading
🔼 Upper Circuit Stocks
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Ceenik Exports India: Hit its 5% upper circuit at ₹1,226.40 on the BSE. mint
🔽 Lower Circuit Stocks
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Garware Technical Fibres: Experienced a decline of over 4%, falling to ₹891. mint
🔝 High-Priced Stocks
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CRISIL Ltd: Trading at high valuations with a final dividend of ₹2600 per share. Home – BOBCAPS
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Schaeffler India Ltd: Noted for its high dividend payout of ₹1400 per share. Home – BOBCAPS
📊 High and Low Volume Traded Stocks
Specific data on high and low volume traded stocks for April 29, 2025, is not available in the provided sources.
🏁 Conclusion
The Indian stock market on April 29, 2025, witnessed a correction after a seven-day winning streak, primarily due to declines in heavyweight stocks like Reliance Industries and major banking shares. However, positive corporate actions, including dividends, bonus issues, and stock splits, especially from companies like Bajaj Finance and Global Education Ltd, provided some support to investor sentiment. Investors are advised to stay informed about such corporate actions and market movements to make well-informed investment decisions.The Economic TimesGroww+4Business Finance News+4Home – BOBCAPS+4
Disclaimer: This report is for informational purposes only and does not constitute financial advice. Always consult with a certified financial advisor before making investment decisions.