The Indian stock market witnessed a volatile session on April 29, 2026, with the Nifty 50 closing at 24,161.10, marking a modest gain of 0.27% from its opening level. The Sensex also ended the day in positive territory, closing at 77,466.44, up 0.29% from the open. The session was marked by a sharp surge in crude oil prices, which climbed above $115 per barrel, impacting global market sentiment and leading to fluctuations in the indices.
Index movements
The Nifty 50 opened at 24,096.90 and reached an intraday high of 24,334.70 before retreating to close at 24,161.10. The index experienced significant volatility, slipping over 150 points from its intraday high. The Sensex followed a similar trajectory, opening at 77,245.83, peaking at 77,982.51, and closing at 77,466.44. Meanwhile, the Bank Nifty faced downward pressure, closing at 55,350.15, down 0.51% from its opening level of 55,634.50.
Sectoral performance
The Nifty FMCG index emerged as the top gainer, closing at 51,747.30, up 1.34% from its opening level. This sector outperformed others amid the broader market’s mixed performance. In contrast, the Nifty Media index declined by 1.03%, closing at 1,463.50. Other sectoral indices such as Nifty Realty and Nifty Auto showed gains of 0.90% and 0.46%, respectively. The Nifty IT index also posted a gain of 0.45%, closing at 29,203.65.
Market breadth
The broader market indices reflected a mixed trend. The Nifty 100 closed at 25,089.20, up 0.12%, while the Nifty 500 ended slightly lower at 22,858.70, down 0.07%. The Nifty Midcap 50 and Nifty Midcap 100 indices both faced declines, closing at 17,020.15 and 60,346.35, down 0.70% and 0.69%, respectively.
| Index | Open | High | Low | Current | Change % |
|---|---|---|---|---|---|
| Nifty 50 | 24,096.90 | 24,334.70 | 24,059.95 | 24,161.10 | +0.27% |
| Sensex | 77,245.83 | 77,982.51 | 77,136.20 | 77,466.44 | +0.29% |
| India VIX | 18.05 | 18.05 | 16.75 | 17.31 | -4.10% |
| Nifty FMCG | 51,065.30 | 52,067.05 | 51,027.75 | 51,747.30 | +1.34% |
| Nifty Media | 1,478.80 | 1,481.55 | 1,458.15 | 1,463.50 | -1.03% |
| Nifty Realty | 797.55 | 817.30 | 796.00 | 804.70 | +0.90% |
| Nifty PSU Bank | 8,692.55 | 8,789.50 | 8,606.25 | 8,621.20 | -0.82% |
| Nifty Midcap 50 | 17,139.65 | 17,209.95 | 17,001.65 | 17,020.15 | -0.70% |
| Nifty Midcap 100 | 60,766.45 | 60,965.70 | 60,274.60 | 60,346.35 | -0.69% |
| Nifty Energy | 41,228.30 | 41,423.35 | 40,904.05 | 40,951.80 | -0.67% |
| Bank Nifty | 55,634.50 | 56,178.75 | 55,290.50 | 55,350.15 | -0.51% |
| Nifty Auto | 25,936.85 | 26,484.80 | 25,935.45 | 26,057.30 | +0.46% |
| Nifty IT | 29,072.15 | 29,486.80 | 29,034.30 | 29,203.65 | +0.45% |
| Nifty Pharma | 23,273.75 | 23,386.15 | 23,179.95 | 23,244.40 | -0.13% |
| Nifty 100 | 25,060.25 | 25,271.85 | 25,010.60 | 25,089.20 | +0.12% |
| Nifty 500 | 22,875.30 | 23,026.95 | 22,825.15 | 22,858.70 | -0.07% |
| Nifty Metal | 13,103.20 | 13,159.55 | 12,871.40 | 13,110.70 | +0.06% |
Market outlook
As the market closed, investors remained cautious amid the ongoing geopolitical tensions and rising crude oil prices. The sharp movements in the indices reflect the uncertainty prevalent in the market. Traders and investors will be closely monitoring global developments and crude oil price trends in the coming sessions to gauge the future direction of the market.
Data as on Apr 29, 2026, 03:35 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.