The Indian stock market experienced a volatile session on 29th April 2026, with the Nifty 50 and Sensex both showing gains despite a sharp pullback from intraday highs. The Nifty 50 rose to 24,197.95, marking a 0.42% increase from its opening level of 24,096.90. Meanwhile, the Sensex climbed to 77,553.02, up 0.40% from its open. Market sentiment was influenced by a surge in crude oil prices, which exceeded $115 per barrel, creating pressure across global markets.
Index movements
The Nifty 50 opened at 24,096.90 and reached an intraday high of 24,334.70 before retreating to its current level of 24,197.95. The index’s trajectory showed a steady climb in the morning session, peaking around midday before experiencing a decline in the afternoon. The Sensex followed a similar pattern, opening at 77,245.83, hitting a high of 77,982.51, and then settling at 77,553.02. The Bank Nifty, however, faced a slight decline, currently at 55,552.85, down 0.15% from its opening of 55,634.50.
Sectoral performance
The Nifty FMCG index emerged as the top gainer among sectoral indices, rising by 1.39% to 51,772.90 from its opening of 51,065.30. The Nifty Realty index also showed strength, increasing by 1.26% to 807.60. On the other hand, the Nifty Media index declined by 0.90%, settling at 1,465.50. Other sectors such as Nifty Auto and Nifty IT posted moderate gains of 0.67% and 0.59%, respectively.
Market breadth
The broader market indices reflected mixed trends. The Nifty 100 index rose by 0.27% to 25,127.60, while the Nifty 500 saw a marginal increase of 0.06% to 22,888.75. However, the Nifty Midcap 50 and Nifty Midcap 100 indices recorded declines, down 0.59% and 0.56%, respectively, indicating some pressure in the midcap segment.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| NIFTY 50 | 24,096.90 | 24,334.70 | 24,059.95 | 24,197.95 | +0.42% |
| SENSEX | 77,245.83 | 77,982.51 | 77,136.20 | 77,553.02 | +0.40% |
| INDIA VIX | 18.05 | 18.05 | 16.75 | 17.38 | -3.71% |
| NIFTY FMCG | 51,065.30 | 52,067.05 | 51,027.75 | 51,772.90 | +1.39% |
| NIFTY REALTY | 797.55 | 817.30 | 796.00 | 807.60 | +1.26% |
| NIFTY MEDIA | 1,478.80 | 1,481.55 | 1,462.10 | 1,465.50 | -0.90% |
| NIFTY AUTO | 25,936.85 | 26,484.80 | 25,935.45 | 26,109.95 | +0.67% |
| NIFTY IT | 29,072.15 | 29,486.80 | 29,034.30 | 29,244.75 | +0.59% |
| NIFTY MIDCAP 50 | 17,139.65 | 17,209.95 | 17,015.95 | 17,037.75 | -0.59% |
| NIFTY MIDCAP 100 | 60,766.45 | 60,965.70 | 60,353.60 | 60,425.40 | -0.56% |
| NIFTY ENERGY | 41,228.30 | 41,423.35 | 40,990.05 | 41,041.60 | -0.45% |
| NIFTY PSU BANK | 8,692.55 | 8,789.50 | 8,637.35 | 8,665.40 | -0.31% |
| NIFTY PHARMA | 23,273.75 | 23,386.15 | 23,179.95 | 23,204.35 | -0.30% |
| NIFTY 100 | 25,060.25 | 25,271.85 | 25,010.60 | 25,127.60 | +0.27% |
| BANK NIFTY | 55,634.50 | 56,178.75 | 55,332.20 | 55,552.85 | -0.15% |
| NIFTY METAL | 13,103.20 | 13,159.55 | 12,871.40 | 13,114.05 | +0.08% |
| NIFTY 500 | 22,875.30 | 23,026.95 | 22,825.15 | 22,888.75 | +0.06% |
Market outlook
As the session progresses, investors will continue to monitor the impact of rising crude oil prices on the market. The geopolitical tensions contributing to this surge may further influence market dynamics. Traders and investors should remain cautious as volatility is expected to persist, with global cues likely to play a significant role in shaping the market’s direction in the coming days.
Data as on Apr 29, 2026, 02:38 PM IST.
Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.