NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on April 29

The Indian equity benchmarks are set to stage a gap up opening on Wednesday, April 29, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad advanced 47 points to 24,116 amid positive cues from Asian markets.

The Indian equity benchmarks came off intraday highs and ended sharply lower on Tuesday, April 28, as investor sentiment turned cautious tracking a spike in crude oil prices in international markets.

The SENSEX fell as much as 752 points from the day's highest level and NIFTY50 index touched an intraday low of 23,957 after hitting a high of 24,182 earlier in the session dragged down by losses in index heavyweights like ICICI Bank, HDFC Bank, Axis Bank and State Bank of India.

The SENSEX ended 417 points lower at 76,887 and NIFT50 index declined 97 points to close at 23,996 as April futures and option contracts for the month of April expired.

Asian markets

Most of the Asian markets were trading higher as crude oil stabilized in international markets.

China's Shanghai Composite advanced 0.11%, Hong Kong's Hang Seng gained 1.12% and South Korea's KOSPI gained 0.17%.

Wall Street update

Dow Jones Industrial Average declined 0.05%, S&P 500 fell 0.5% and tech heavy Nasdaq dropped 0.9%.

FII/DII activity

Foreign institutional investors sold shares worth ₹2,103 crore on Tuesday while domestic institutional investors bought stocks worth ₹1,712 crore, as per NSE data.

Stocks to watch

The company had posted a consolidated net profit of ₹14,500.2 crore in the previous fiscal, Maruti Suzuki India said in a regulatory filing.

The total revenue from operations in FY26 was ₹18,331.6 crore compared to ₹15,291.3 crore in FY25, it added.

Its total vehicle sales in FY26 were a record 24,22,713 units, up from 22,34,266 units in FY25, the company said.

The company posted a consolidated net profit of ₹98.71 crore in the corresponding quarter of the preceding fiscal, CEAT Ltd said in a regulatory filing.

Consolidated revenue from operations in the latest fourth quarter stood at ₹4,218.89 crore as compared to ₹3,420.62 crore in the year-ago period, it added.

Total expenses in the fourth quarter were higher at ₹3,894.87 crore as compared to ₹3,259.26 crore in the year-ago period.

For fiscal 2025-26, consolidated net profit was at ₹697.24 crore as against ₹471.37 crore in 2024-25, the company said.

The standalone health insurer posted a net profit of ₹50 lakh during the same quarter of the previous year.

During the reporting quarter, total income increased to ₹4,545 crore from ₹3,989 crore in the same period a year ago, Star Health and Allied Insurance Company said in a regulatory filing.

The company's gross written premium during the quarter rose to ₹5,968 crore against ₹5,138 crore in the year-ago period, it said.

At the same time, the net premium also increased to ₹5,599 crore as compared to ₹4,820 crore in the same quarter a year ago.

As organisations scale AI workloads and deploy increasingly powerful GPU clusters, a fundamental constraint has emerged: while compute performance has advanced rapidly, data infrastructure has not kept pace.

Data, not compute, now limits AI performance.

Fragmented storage environments, duplicate datasets, and inconsistent access models are slowing down AI pipelines, underutilising expensive compute resources, and increasing operational complexity. ParallelStor Velox is built to solve this problem, the company said.

Semaglutide is the active ingredient in Ozempic, originally developed by Novo Nordisk.

Earnings today

According to the BSE list, as many as 53 companies are slated to report their March-quarter earnings today. The list includes names such as Vedanta, Waaree Energies, Adani Power, Federal Bank, Force Motors, HEG Ltd, Indian Overseas Bank (IOB), MOIL Ltd, Mphasis, RPG Life Sciences, Schaeffler India, and Syngene International.