Sonata Software Bags $73M Deal; Vishal Mega Mart Jumps 10% & More
- Share.Market
- 8 min read
- 30 Apr 2025
Highlights
Stock markets moved in a narrow range for the second day in a row, with the Nifty 50 closed almost flat, down just 0.01%, while the Sensex slipped 0.06%. Among sectors, NIFTY Realty performed the best, rising nearly 2%, while Nifty PSU banks saw the biggest drop, falling over 2%.
Headline Indices
Sectors at a Glance
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What moved the market?
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INDIA VIX
Stocks In the News
Sonata Software shares rose after it secured a $73 million, 5-year deal with a leading US TMT firm and earned AWS DevOps Competency status, boosting investor sentiment.
Vishal Mega Mart shares jumped after strong Q4 results, with revenue up 23%, profit doubling year-on-year, and 28 new stores added during this quarter.
GOCOLORSGo Fashion reported a 13% YoY rise in Q4 FY25 revenue to ₹204.8 crore, with PAT surging 52% on strong margins and robust demand.
PREMEXPLNPremier Explosives shares fell after a deadly explosion at its Telangana facility killed 3, injured 6, and damaged insured assets, triggering investor concern and an investigation into the incident.
India & The World
- Private sector investments in India may rise 66% to ₹6.6 lakh crore in FY25, led by manufacturing upgrades, despite global uncertainties. FY26 may see a slight dip, but optimism stays strong.
- China’s factory activity unexpectedly shrank in April, with manufacturing PMI falling to 49.0, signaling weak demand, declining orders, and tariff tensions despite government stimulus efforts.
- Consumer prices in Colombo dropped 2% in April, marking eight straight months of consumer deflation. However, the fall was less sharp as food costs rose and housing and transport stayed cheaper.
- Brent crude oil fell below $62, marking a third straight loss and its lowest since April 2021, amid rising US-China trade tensions, weak demand signals, and rising US inventories.
Back to Basics
What are Bond Yields?
Bond yields are the returns investors earn from lending money to the government or companies.
When yields go up, it usually means investors expect higher inflation or tighter interest rates. Right now, rising U.S. bond yields are making global investors pull out of emerging markets like India.
For India, higher yields can:
- Make borrowing costlier for the government and corporates
- Pull money out of stocks and into bonds
For investors, watching bond yields helps understand where the market thinks the economy is heading.
IPO Corner
SME IPO
| Company | Date | Issue Price | Minimum Investment |
| Wagons Learning | Opens on May 2, 2025, and closes on May 6, 2025 | ₹78 to ₹82 per share | ₹1,24,800 |
