Buy or sell stocks, 29 April 2026: Witnessing a highly volatile session, the key benchmark indices of the Indian stock market finished lower on Friday, the monthly derivatives expiry day. The index went off 97 points and closed at 23,995. The BSE Sensex lost 416 points and ended at 76,886. The Bank Nifty index crashed 863 points or 1.54% and finished at 55,400.
Sectorally, the trend remained mixed—energy, metals, and select pharma stocks lent support, while banking, auto, and financials faced notable pressure. Broader markets showed resilience, with midcap and smallcap indices advancing nearly half a per cent each, indicating selective participation.
What Gift Nifty live chart signals?
The index is trading flat since early morning deals. The index opened lower at 24,075 and made an intraday low of 24,072 within a few minutes. However, the index bounced back, reaching an intraday high of 24,128.
Stock market today
Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher, believes the Indian stock market sentiment is cautious but expects a flat opening on Wednesday, as the Gift Nifty index is signalling a flat-to-positive opening.
Speaking on the outlook of the Nifty 50 today, Vaishali Parekh said, the index witnessed a volatile session, finding resistance near the 24,200 zone and slipping down with profit booking seen to end near the 24,000 level with no clarity visible for a convincing directional move, with bias and sentiment once again maintained with a cautious approach.
“The Nifty 50 index is hovering below the important 50-EMA zone at the 24,200 level, and the important hurdle of 24,300 needs to be breached decisively in the coming sessions to establish conviction and improve the bias overall. The index would have the important support zones at 23,500 and 23200 levels, which need to be sustained,” she added.
On the outlook of the Bank Nifty today, Vaishali Parekh said the index witnessed a weak session, breaching below the important support of the 55,800 zone with heavy profit booking, dragging the index down to close near the 55,400 level with bias weakening once again and would have the next support near the 54,400 level with bias turning into cautious mode.
Vaishali Parekh’s stock recommendations for today
Regarding , Vaishali Parekh recommended these three : Bharti Airtel, Vascon Engineers, and Olectra Greentech.
1] Bharti Airtel: Buy at ₹1835, Target ₹1860, Stop Loss ₹1820;
2] Vascon Engineers: Buy at ₹39.50, Target ₹42, Stop Loss ₹39; and
3] Olectra Greentech: Buy at ₹1275, Target ₹1320, Stop Loss ₹1260.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.