The Indian stock market is anticipated to open lower on April 30, as the benchmark indices, Sensex and Nifty 50, are influenced by weak global market cues and increasing crude oil prices. On the previous day, the Sensex rose by 609.45 points to close at 77,496.36, while the Nifty 50 settled at 24,177.65, up 181.95 points. Analysts suggest that the short-term outlook remains positive for the Sensex, which may face resistance at 77,800. A breakthrough above this level could lead to a rally towards 78,100. Conversely, if it falls below 77,200, it may drop to the 76,500-76,300 range. The Nifty 50 is currently consolidating around its 20-day EMA, with immediate support at 24,000. Analysts note that the market could encounter resistance at 24,400-24,500 before a potential breakout. The Bank Nifty has shown weakness, with immediate support in the 55,000-54,900 range, and a failure to hold above this could extend the downtrend. Overall, investors are advised to adopt a cautious approach given the current market dynamics.