Stock Market Sees Low Movement; Gold Demand Rises on Akshaya Tritiya

On Wednesday, April 30, 2025, Indian stock markets opened cautiously despite the festive occasion of Akshaya Tritiya. Both the Sensex and Nifty 50 traded flat, reflecting investor uncertainty. However, the India VIX (Volatility Index) jumped by 2%, signaling rising market nervousness due to reports of growing Indo-Pak border tension.

Market Remains Flat Despite Global Stability

The BSE Sensex hovered near 72,400, while the Nifty 50 stayed close to 21,850 in early trade. Traders chose to stay on the sidelines, reacting to both the geopolitical developments and muted global signals. The market mood was cautious with low trading volumes and selective stock movements.

Volatility Index Spikes on Geopolitical Worries

The India VIX, which measures expected volatility in the stock market, surged by 2%. This rise indicates that investors are expecting larger price swings in the coming sessions, especially if tensions between India and Pakistan escalate further.

Banking, Auto, and Metal Stocks Face Pressure

Key sectors like banks, auto, and metals saw notable declines during the session:

• Banking stocks dropped due to fears of higher risk and uncertain lending outlook.
• Auto shares fell as concerns about consumer demand surfaced.
• Metal stocks declined due to weak global commodity cues and falling export hopes.

These sectors pulled the indices lower even as a few defensive stocks managed to stay green.

Gold Demand Rises on Akshaya Tritiya

While equities struggled, gold saw strong buying. Akshaya Tritiya is traditionally seen as an auspicious day to purchase gold. With global uncertainty and rising local tension, investors turned to gold as a safer option. Jewellers reported good footfall and strong demand across major cities.

Read More :

https://thefirstcritic.com/gold-investments-on-akshaya-tritiya-2025-best-time-to-buy-and-market-trends/

FAQs

1. Why did the India VIX rise today?
The India VIX rose by 2% due to investor fear around rising India-Pakistan tensions.

2. Why were bank and auto stocks down?
These stocks fell on concerns about weaker demand and credit risks amid geopolitical uncertainty.

3. Did Akshaya Tritiya impact gold buying?
Yes, Akshaya Tritiya led to increased gold purchases, boosted further by safe-haven buying.

4. What was the trend in Sensex and Nifty today?
Both indices remained flat as traders stayed cautious ahead of any major developments.