Nifty50 Gainers & Losers on April 30: Bajaj Lead Selloff, HDFC Life, Maruti Suzuki Top Charts
- 30th April 2025
- 12:00:00 AM
- 2 min read
Markets end flat; stock-specific action dominates trade
Mumbai, April 30 — The Indian equity market ended flat with a negative bias on Tuesday, April 30, amid stock-specific moves driven by Q4 results and sector sentiment. The Nifty50 closed 2 points lower at 24,334.20, while the BSE Sensex slipped 46 points to settle at 80,242.24. Despite the muted index movement, sharp volatility was witnessed in several index heavyweights.
Key Triggers
Bajaj Finserv emerged as the top loser in the Nifty50, falling 5.61% despite reporting a 14% rise in consolidated net profit to ₹2,417 crore in Q4 FY25. While the numbers showed growth, the street appeared disappointed by the quality of earnings and muted sequential momentum.
Bajaj Finance shed 5.27% after its Q4 results missed expectations. The company reported deterioration in asset quality, with gross NPAs rising to 0.96% from 0.85% a year ago. Elevated provisions and loan losses further dented sentiment, triggering a sharp selloff in the stock.
Trent Ltd. also declined 4.76% post earnings. Although the company’s ₹350 crore Q4 profit beat analyst expectations, it marked a 47% year-on-year decline, leading to profit booking.
Tata Motors and State Bank of India were under pressure amid wider weakness in auto and PSU banking counters, no stock-specific news in sight but probably pulled down by risk-off sentiment following earnings in the near term.
On the upside, HDFC Life surged 4.19% after posting a strong set of Q4 results. The insurer reported a 16% year-on-year increase in net profit, which beat analyst expectations and lifted broader sentiment in the life insurance space.
Maruti Suzuki gained 3.51% on pre-earnings optimism and sustained investor interest in auto stocks. The rally was supported by expectations of robust margins and strong volume growth in the March quarter.
SBI Life and Bharti Airtel also saw healthy buying interest amid defensive positioning by investors. Bharti Airtel benefitted from stable telecom earnings outlook, while SBI Life rallied in tandem with HDFC Life’s strong print.
Sun Pharma advanced modestly, backed by demand for defensives on account of volatility in the markets.
PL Capital Desk
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
