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Sensex, Nifty 50 | Stock Market LIVE Updates: Indian equity benchmarks began the week on a positive note, tracking firm global markets and improving geopolitical sentiment. Early trade on Monday saw buying interest across sectors, as investors reacted to gains in US equities and optimism surrounding potential de-escalation in the Middle East.

The BSE Sensex advanced 677 points to its day's high of 77,341.53, while Nifty 50 rose 210 points to its intra-day high of 24,107.60. Broader markets outperformed benchmark indices with the midcap and smallcap indices advancing over 1% each.

All sectors were also trading in the green with gains led by metals, pharma, IT, auto, and FMCG indices. On Sensex, Sun Pharma and Adani Ports were the top gainers, while Axis Bank was the top laggard after Q4 results. Only 5 stocks were in the red in the index.

Global rally and easing geopolitical tensions lift sentiment

Market sentiment was supported by strong cues from overseas markets. Asian indices traded in the green, mirroring the positive momentum seen on Wall Street at the end of last week. Both the S&P 500 and the Nasdaq Composite had closed at record highs, boosting investor confidence globally.

The rally was further aided by developments on the geopolitical front. Reports suggested that Iran, through mediation efforts involving Pakistan, had presented a fresh proposal to the United States aimed at reopening the Strait of Hormuz and working toward ending ongoing hostilities. Discussions around nuclear negotiations are expected to be deferred to a later stage, indicating a phased approach to easing tensions.

This renewed diplomatic engagement comes after earlier planned talks in Pakistan failed to materialise, raising concerns last week. However, the latest signals of progress have helped calm markets, particularly around energy supply risks and inflation concerns tied to Middle East disruptions.

With global risk appetite improving and domestic markets taking cues from international trends, investors will now watch for further clarity on geopolitical developments and upcoming macroeconomic triggers through the week.

Stay tuned to this segment for the latest updates on Indian stock market today.

Shares of Reliance Industries (RIL) dropped more than 1% on Monday, April 27, following the company, chaired by Mukesh D Ambani, announcing a 12.6% year-on-year (YoY) decline in its consolidated net profit (attributable to company owners) to ₹16,971 crore for the January-March quarter of the fiscal year 2026 (Q4FY26). In the same quarter of the prior financial year (Q4FY25), the company's profit stood at ₹19,407 crore.

The oil-to-telecom-to-retail empire led by Mukesh Ambani reported a 12.9% YoY increase in consolidated revenue from operations, amounting to ₹2,98,621 crore for the March quarter. During this period in FY25, RIL's revenue was ₹2,64,573 crore.

Axis Bank shares fell 5% following a slight dip in Q4 profit due to higher provisions and trading losses. Net profit for March quarter was ₹7,071 crore, down from ₹7,118 crore last year. The bank increased provisions by 139% to ₹3,522 crore amid geopolitical tensions.

Commenting on the current market scenario, VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said with the geopolitical situation showing no improvement and crude inching higher the implications for India’s macros and markets continue to be negative in the near-term. Markets will continue to remain volatile responding to news.

"Even though geopolitics and energy crisis are dominating the news a major factor impacting stock markets continues to be the AI trade. The US market, driven by AI trade, is at record highs and Nvidia has crossed market cap of $ 5 trillion. AI leaders like South Korea and Taiwan are attracting huge FPI flows at the cost of emerging markets like India. It is important to understand that one stock in Taiwan (TSMC) and two stocks in South Korea ( Samsung and SK Hynix ) account for lion’s share of the portfolio flows into these two countries. This is unlikely to continue for long. Any reversal of AI trade will also alter the direction of portfolio flows.

In the current state of total uncertainty, investors can wait and watch the geopolitical developments and take decisions as clarity emerges. Despite the macro threats emerging from the energy crisis India’s growth momentum is showing resilience and optimism as indicated by the recent rising private capex numbers," he suggested.

Sensex jumped 546 points to its day's high of 77,210.85, while Nifty 50 rose 169 points to its intra-day high of 23,945.45.

Nifty Midcap 100 jumped 1% while Nifty Smallcap 100 advanced 1.3% in trade today.

IDFC First Bank share price advanced 3% on Monday, 27 April, to its day's high of ₹69.29 per share on BSE after the private sector lender posted strong earnings for the quarter ended March 2026 (Q4FY26).

The bank reported a modest rise in earnings for the fourth quarter of FY26, with net profit increasing 5% year-on-year to ₹319 crore, compared to ₹304 crore in the same period last year. However, its performance was supported by steady growth in lending operations and improvement in asset quality, even as it navigated challenges related to a fraud incident during the quarter.

Total income for the quarter climbed to ₹12,183 crore from ₹11,308 crore a year ago, reflecting continued business expansion. Interest income also saw a healthy uptick, rising to ₹10,553 crore from ₹9,413 crore in the corresponding quarter of the previous financial year.

Shrikant Chouhan, Head Equity Research, Kotak Securities said:

"Technically, on weekly charts, it has formed a bearish candle, and on daily charts, a reversal formation has appeared, which supports further weakness from the current levels. We are of the view that 24,000/77000 would act as a crucial reference point for traders. Below this level, the correction wave is likely to continue, with the index potentially slipping to the 20-day SMA or 23,635/76000. Further downside could also continue, dragging the index to the 23,500-23450/ 75700-75500 range.

On the upside, above 24,000/77000, the index could bounce back up to 24,300–24,350/78000-78200.

For Bank Nifty, as long as it is trading below the 50-day SMA or 56,800, a weak formation is likely to continue. On the downside, it could retest levels of 55,000–54,750. Conversely, above the 50-day SMA of 56,800, the next resistance for Bank Nifty would be in the 57,500–58,000 range."

The Indian stock market is opened higher on Monday, April 27, following a rally in global markets, amid renewed hopes of US-Iran peace talks.

Sensex opens 192 points higher at 76,856.05, while Nifty 50 started the day 47 points up at 23,945.45.

Globally, Asian markets traded higher, while the US stock market ended higher last week, with the S&P 500 and Nasdaq closing at record highs.

Sentiment improved after reports that Iran through Pakistani mediators gave the US a new proposal on reopening of the Strait of Hormuz and the ending of the war, with nuclear negotiations postponed for a later stage. The development follows the collapse of planned talks in Pakistan.

Bank Nifty index ended 215.25 points, or 0.38%, lower at 56,089.75 on Friday, forming a small bearish candlestick pattern on weekly chart, signalling consolidation with corrective bias after recent strong up move.

“Going ahead, the immediate support for Bank Nifty is placed in the 55,500 - 55,400 zone. Any sustainable move below this zone could result in Bank Nifty extending its weakness towards 55,000, followed by 54,500 in the short term. On the upside, the zone of 56,500 – 56,600 zone is likely to act as an immediate resistance,” said Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities.

Nifty 50 index formed a bearish candlestick pattern on weekly chart, signaling profit booking at higher levels.

“A long bear candle was formed on the daily chart, which signals strengthening of downside momentum in the market. The immediate support of 10-and 20-day EMA has been broken on the downside and the support of previous opening up gap of15th April has been filled completely and no reasonable bounce back was seen,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the underlying short-term trend of Nifty 50 continues to be weak, and further declines from here could drag Nifty 50 down to the next support of 23,500 in the short term. Immediate resistance is placed at 24,100 levels.

Sensex formed a bearish candle on weekly charts, and a reversal formation has appeared on daily charts, which supports further weakness from the current levels.

“We are of the view that 77,000 would act as a crucial reference point for traders. Below this level, the correction wave is likely to continue, with Sensex potentially slipping to the 20-day SMA or 76,000. Further downside could also continue, dragging the index to the 75,700 - 75,500 range,” said Amol Athawale, VP Technical Research, Kotak Securities.

On the upside, above 77,000, Sensex could bounce back up to 78,000 - 78,200, he added.

The US dollar rose on safe-haven demand. The dollar index, which measures the US currency against six major peers, was at 98.623. The euro eased 0.14% to $1.1706, while sterling bought $1.35155, down 0.12%. The Japanese yen weakened to 159.51 per US dollar.

Reliance Industries reported a 12.6% YoY fall in its Q4FY26 consolidated net profit to ₹16,971 crore, while its consolidated revenue from operations rose 12.9% YoY to ₹2,98,621 crore. Consolidated EBITDA for the quarter declined 0.3% YoY to ₹48,588 crore, while EBITDA margin shrank by 200 bps YoY to 14.9%. Reliance Industries also announced a dividend of ₹6 per share for FY26.

Premiere Energies: Buy at ₹1018, Target ₹1070, Stop Loss ₹995;

VA Tech Wabag: Buy at ₹1493, Target ₹1560, Stop Loss ₹1460; and

Cummins India: Buy at ₹5232, Target ₹5400, Stop Loss ₹5140.

Ganesh Dongre's buy or sell stocks

Alkem Lab: Buy at ₹5235, Target ₹5500, Stop Loss ₹5100;

Canara Bank: Buy at ₹140, Target ₹150, Stop Loss ₹135; and

HSCL: Buy at ₹566, Target ₹590, Stop Loss ₹540.

1] SAIL: Buy at ₹178.5, Target ₹192, Stop Loss ₹172; and

2] GVT&D: Buy at ₹4598, Target ₹4920, Stop Loss ₹4437.

Regarding stocks to buy today, market experts — Sumeet Bagadia of Choice Broking, Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi, and Shiju Koothupalakkal, Senior Manager — Technical Research at Prabhudas Lilladher, recommended these eight buy-or-sell stocks for intraday trading: SAIL, GVT&D, Alkem Lab, HSCL, Canara Bank, Premiere Energies, VA Tech Wabag, and Cummins India.

The volatility index of the Indian stock market rose by over 6% during the market crash on Friday. However, the index is below 20 but above the warning line 18. A positive opening on Dalal Street is expected to push the India VIX down today.Pranati Deva is a seasoned financial journalist with over a decade of experience in high-pressure newsroom environments, currently working as a Senior Sub Editor at LiveMint. Over the years, she has developed a reputation for sharp editorial judgement, a strong grasp of market dynamics, and the ability to translate complex financial developments into clear, engaging stories for a wide audience.

Her core areas of coverage include stock markets, leading listed companies, currencies, and commodities, with a particular strength in fast-paced, real-time market reporting. She is known for handling breaking market news, earnings-driven stock movements, and macroeconomic developments with speed, accuracy, and context—qualities that are essential in financial journalism.

Pranati has built a diverse and credible professional track record across some of India’s most respected news organisations, including MintGenie, CNBC-TV18, Business Standard and EconomicTimes.com. During her stints at these platforms, she produced data-driven market stories, curated and steered live blogs during volatile trading sessions, and conducted interviews with market veterans, fund managers, economists, and industry experts. Her work often combines on-ground reporting with analytical depth, helping readers make sense of daily market fluctuations and longer-term trends.

An alumnus of the Symbiosis Institute of Media and Communications and Hansraj College, University of Delhi, Pranati brings a strong academic foundation to her journalism. She specialises in real-time financial reporting, with a keen focus on precision, balance, and insight, aiming to decode market movements in a way that is both informative and accessible to readers across experience levels.

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