The Indian stock market ended on a positive note on April 29, 2023, with the Nifty 50 rising 0.70% to close at 24,164 and the Sensex gaining 0.82% to settle at 77,520. The market began the day flat but gained momentum due to strong performances in the auto sector and FMCG stocks, which rose over 1%. However, profit booking in the latter half of the session led to a significant drop from the day's highs, with the Nifty 50 slipping 170 points and the Sensex erasing 462 points from intraday highs. The continued rise in crude oil prices, which surpassed $115 per barrel due to geopolitical tensions, has been a concern for investors. Vinod Nair, Head of Research at Geojit Investments Limited, noted that despite weak global cues and elevated crude prices, Indian equity markets rebounded as investors seized the opportunity to add exposure following recent corrections. Analysts are monitoring the US Federal Reserve's policy outcomes, anticipating volatility in sentiment amidst evolving global developments. Sectorally, FMCG, realty, and auto stocks led the gains, while media and PSU bank stocks lagged.