Stock Market Update: Sensex Ends Flat, Nifty Holds Ground Despite Volatility
The Indian stock market closed on a flat note on Wednesday after a highly volatile trading session. The BSE Sensex dropped by 46.14 points or 0.06% to end the day at 80,242.24. Throughout the session, the index fluctuated by over 646 points, touching a high of 80,525.61 and a low of 79,879.15.
Meanwhile, the NSE Nifty also witnessed marginal movement, slipping by just 1.75 points or 0.01% to settle at 24,334.20.
The cautious sentiment in the market was primarily attributed to rising geopolitical tensions and selling pressure in Bajaj Group stocks. However, continued inflows from foreign institutional investors prevented a steeper fall.
Bajaj Finserv, Bajaj Finance Drag the Market
Shares of Bajaj Finserv took a hit, falling over 5%, while Bajaj Finance also declined by nearly 5%. The slump came despite both companies reporting strong earnings for the March 2025 quarter.
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Bajaj Finserv announced a 14% year-on-year increase in consolidated net profit to ₹2,417 crore.
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Bajaj Finance, a leading NBFC, reported a 16% rise in standalone net profit to ₹3,940 crore for the same quarter.
Despite the positive earnings, investor sentiment remained cautious, possibly due to valuation concerns or profit booking.
Market Outlook
The broader market sentiment remains range-bound due to a mix of global uncertainties and domestic triggers. While foreign investments continue to flow in, sector-specific corrections—like the one in Bajaj group stocks—are keeping indices from rising further.
Stay tuned for more stock market updates and expert analysis.
