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Sensex, Nifty 50 | Stock Market LIVE: Sensex jumps 200 points, Nifty tests 24,400; private bank stocks buck the trend

Published on 20/04/2026 08:02 AM

Sensex, Nifty 50 | Stock Market LIVE Updates: The Indian stock market traded with minor gains on Monday, following mixed cues from global markets amid cautiousness over the escalation of the US-Iran tensions in the Middle East.

The Sensex rose 0.18% while the Nifty 50 gained 0.16%. Broader markets, Nifty Smallcap 100 and Nifty Midcap 100 indices, traded up to 0.5% higher.

Among sectors, gains were seen in Nifty PSU Banks, Nifty Media, Nifty FMCG, Nifty Auto, and Nifty Pharma, while Nifty Metals was under selling pressure.

Globally, Asian markets traded mixed, while the US stock futures declined on uncertainty over the US-Iran peace talks as tensions rose.

Over the weekend, US-Iran tensions escalated after the US forcibly seized an Iranian-flagged cargo ship that tried to get around a naval blockade near the Strait of Hormuz, and Tehran’s top military command vowed to retaliate.

Crude oil prices jumped as Iran re-imposed its de facto closure of the Strait of Hormuz. Brent crude oil price rallied 6.10% to $95.89 a barrel, while the US West Texas Intermediate (WTI) crude futures surged 7.49% to $90.13 a barrel.

Gold and silver prices in India declined, following weakness in global bullion prices. MCX gold rate for June futures contracts traded lower by ₹1,669, or 1.08%, at ₹1,52,940 per 10 grams. MCX silver rate for May futures contracts declined by ₹4,743, or 1.84%, to ₹2,52,399 per kilogram.

In the international market, gold prices fell more than 1% as the dollar firmed. Spot gold price fell 1.4% to $4,762.09 per ounce, while US gold futures for June delivery dropped 2% to $4,781.90. Spot silver price declined 1.7% to $79.42 per ounce.

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

Building on the previously reported strong operational milestones, regarding YoY growth in Gudhi Padwa sales (23rd March 2026) and 96.9% YoY revenue growth in Q4 FY26 (6th April 2026), PNGS Reva Diamond Jewellery said this momentum has continued into the new financial year.

The company recorded a revenue of ₹12.7 crore on Akshaya Tritiya (19th April 2026) for F.Y. 2026-27, as compared to ₹3.46 crore on the same occasion in F.Y. 2025-26, representing a year-on-year growth of 2.67 times (267.49%).

Adani Power has surpassed Adani Ports to become the largest listed company in the Adani group, with a market cap of ₹3.9 lakh crore versus ₹3.6 lakh crore.

Penny stock below ₹10 Comfort Intech jumped over 3% after the company informed BSE to trade and admitted to dealings on the National Stock Exchange with effect from April 20, 2026.

Dragged down by losses in private bank stocks, Sensex erased most gains in the afternoon session and traded with marginal gains. HDFC Bank, Kotak Bank and Axis Bank were the top drags, along with L&T.

As of 1.28 pm, Sensex was higher by 25-odd points at 78,518. Meanwhile, Nifty 50 was flat at 24,371.10.

Groww Q4 results (QoQ):

> Net profit rises 25.5% to ₹686.3 crore from ₹547 crore

> Revenue up 23.8% to ₹1,505.3 crore from ₹1,216 crore

> EBITDA jumps 30.3% to ₹938.6 crore from ₹720.3 crore

> Margin up at 62.4% from 59.2%

Shares of Indian Energy Exchange (IEX) declined by 7.5% in intraday deals on Monday, 20 April, after the Central Electricity Regulatory Commission (CERC) released a new draft proposal for electricity price discovery. IEX share price slumped to the day’s low of ₹125.35 apiece in intraday deals today, as against its last closing price of ₹135.65. The small-cap stock was trading close to its 52-week low of ₹114.50.

Nifty 50 index continues to hover above the crucial resistance zone of 24,300 – 24,400, which remains a key hurdle for further upside. Analysts believe a sustained breakout above this range will be essential to strengthen bullish momentum and extend the rally towards the 24,800 – 25,000 levels.

Vinay Rajani of HDFC Securities suggests two stocks to buy today - Action Construction Equipment and Moil shares.

Action Construction Equipment | Buy at ₹919 | Target Price: ₹875 | Stop-loss: ₹1,000

Moil | Buy at ₹325| Target Price: ₹365 | Stop-loss: ₹310

Foreign institutional investors (FIIs) have shown a positive trend in recent sessions, with net buying recorded over three consecutive days in the cash market. On April 17, FIIs invested ₹683.20 crore, followed by ₹382.36 crore on April 16, and ₹666.15 crore on April 15 in the cash market, indicating a steady inflow of funds into the market.

Multi Commodity Exchange of India Limited (MCX) announced that it has received approval from the Securities and Exchange Board of India (SEBI) to invest in a proposed Coal Exchange company. It is aimed at developing a regulated, transparent, technology-driven market platform for buying and selling coal that facilitates an efficient and robust price discovery for coal in the country. Pursuant to SEBI’s approval granted on April 17, 2026, MCX plans to incorporate a new subsidiary, likely to be named ‘MCX Coal Exchange Ltd.’ or ‘MCX Coal Exchange of India Ltd.

MCX share price was trading 0.79% higher at ₹2,878.00 apiece on the BSE.

Bank Nifty continues to exhibit relative strength, but remains positioned near a key resistance zone. From a technical standpoint, the 56,800 – 57,000 range remains a critical resistance band, and a decisive breakout above this level will be required to trigger further upside towards the 57,500 – 58,000 levels. On the downside, immediate support is placed near the 56,000 – 55,800 zone, and holding above these levels will be crucial to sustain the ongoing recovery momentum. Opening outlook remains cautious, and a decisive breakout above resistance is necessary to confirm continuation of the uptrend, said Ponmudi R.

MCX silver price is currently hovering above ₹2,52,000, with safe-haven demand and strength in industrial metals offering only limited support amid elevated volatility, as geopolitical tensions continue to weigh on sentiment. Resistance is placed at ₹2,55,000 – ₹2,60,000, with further upside toward ₹2,68,000 – ₹2,70,000. A sustained move above these levels could strengthen momentum and support further gains. On the downside, a break below ₹2,48,000 may lead to a corrective move toward the ₹2,44,000 – ₹2,40,000 range, said Ponmudi R.

MCX gold price is holding above ₹1,52,000 level with emerging buying interest at lower levels. A sustained move above ₹1,55,000 could revive momentum toward ₹1,57,000 - ₹1,58,000. On the downside, a break below ₹1,52,500 may lead to a corrective move toward ₹1,51,000 - ₹1,50,000 and further to ₹1,48,000. The bias remains cautious, with macro factors offering limited support; however, failure to break above resistance levels may keep momentum weak and tilt the trend further to the downside, said Ponmudi R, CEO of Enrich Money.

Bank Nifty index traded 0.72% higher. SBI, AU Small Finance Bank, ICICI Bank, Federal Bank and Canara Bank were the top gainers on the Bank Nifty index, while IDFC First Bank, Kotak Mahindra Bank, IndusInd Bank, Union Bank of India and HDFC Bank were the top index losers.

ICICI Bank share price rose as much as 2.15% after the banking company reported 8.5% year-on-year (YoY) rise in standalone net profit. The stock opened at ₹1,364 apiece today, as compared to previous close of ₹1,346 on Friday. At 10:40 am, ICICI Bank share price was up 1.4% at ₹1,366.30 apiece on the BSE.

Shares of oil marketing companies (OMCs) showed resilience against rising crude oil prices, losing only up to 1.5% even as Brent futures rallied almost 7% on Monday.

Bharat Petroleum Corporation (BPCL) shares emerged as the worst loser with a 1.55% decline, while Indian Oil Corporation Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) stocks shed less than 1% each.

The losses were capped as oil prices remained below $100 per barrel amid mixed signals on the US-Iran war front. As these oil PSU stocks are already down 16-22% from pre-war levels, analysts also believe the worst seems priced in.

Nifty 50 index continues to hover near the crucial 24,300 – 24,400 resistance zone, which remains a key hurdle for further upside. A sustained breakout above this range will be essential to strengthen bullish momentum and extend the rally towards the 24,800 – 25,000 levels. On the downside, immediate support is placed near the 24,240 zone which is 50 day EMA and if further support is broken then selling pressure towards the next support is seen at 24,000, which will be important to maintain the current structure. Opening outlook remains cautious, a decisive breakout above resistance is required to confirm continuation of the uptrend, said Ponmudi R, CEO of Enrich Money.

HDFC Bank share price declined over a percent on Monday after the private lender reported its Q4 results. HDFC Bank shares fell as much as 1.23% to ₹790.00 apiece on the BSE. The largest private sector lender in India, HDFC Bank reported steady and largely in line earnings for the fourth quarter of FY26, aided by steady revenue growth and lower provisions.

Yes Bank share price surged over 3%, following the private bank’s strong Q4 results, which showed a 44.8% increase in net profit year-over-year to ₹1,068.4 crore. Yes Bank shares rose as much as 3.06% to ₹20.82 apiece on the BSE.

Bitcoin prices eased slightly from its recent high of ~$78,400 as renewed US–Iran tensions created some short-term uncertainty heading into the weekly close. The re-closure of the Strait of Hormuz has brought back concerns around oil prices, cooling the optimism seen earlier on ceasefire expectations. Despite this, demand remains strong, Bitcoin ETFs have seen $1.2 billion in inflows over the past four days, highlighting continued institutional interest. While price is consolidating near key resistance, a move above $78,000 could open further upside, while $70,000 continues to act as a support zone, said CoinSwitch Markets Desk.

A significant trend in the market now is the outperformance of the broader market. Nifty Midcap and Nifty Smallcap indices are back to pre-war levels. This is in contrast to the Nifty 50 which is still 4% below pre-war levels. Market is responding positively to good results from the broader market space. Even with the uncertainty of the West Asia tensions weighing on the market, particular stocks will respond to good results, particularly when the results beat expectations, said Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments.

Gold and silver prices in India declined, following weakness in global bullion prices. MCX gold rate for June futures contracts traded lower by ₹1,669, or 1.08%, at ₹1,52,940 per 10 grams. MCX silver rate for May futures contracts declined by ₹4,743, or 1.84%, to ₹2,52,399 per kilogram.

Trent, SBI, ICICI Bank, Asian Paints and Adani Ports & SEZ were the top gainers on Sensex, while HDFC Bank, Eternal, Infosys, TCS and InterGlobe Aviation were the top losers.

Among sectors, gains were seen in Nifty PSU Banks, Nifty Media, Nifty FMCG, Nifty Auto, and Nifty Pharma, while Nifty Metals was under selling pressure.

Broader markets underperformed the frontliners, as the Nifty Smallcap 100 index declined over 1%, while the Nifty Midcap 100 index fell over 0.5%.

The Indian stock market opened with minor gains on Monday, following mixed cues from global markets. The Sensex opened 139.36 points, or 0.18%, higher at 78,632.90, while the Nifty 50 gained 37.95 points, or 0.16%, to open at 24,391.50. The Bank Nifty index opened at 56,704.05, up 138.35 points, or 0.24%.

The Indian rupee opened 10 paise higher at 92.83 per US dollar against its previous close of 92.93.

The People’s Bank of China kept the loan prime rate, or LPR, unchanged for an 11th straight month. The one-year LPR was kept at 3.0% while the five-year LPR, a reference for mortgage rates, was unchanged at 3.5%.

Gold prices fell more than 1% as the dollar firmed. Spot gold price fell 1.4% to $4,762.09 per ounce, while US gold futures for June delivery dropped 2% to $4,781.90. Spot silver price declined 1.7% to $79.42 per ounce.

Crude oil prices jumped as Iran re-imposed its de facto closure of the Strait of Hormuz. Brent crude oil price rallied 6.10% to $95.89 a barrel, while the US West Texas Intermediate (WTI) crude futures surged 7.49% to $90.13 a barrel.

Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher, believes the Indian stock market bias is cautious. Regarding stocks to buy today, Vaishali Parekh recommended these three intraday stocks to buy or sell: Jio Financial Services, NALCO, and KFin Technologies.

1] Jio Financial Services: Buy at ₹243.85, Target ₹255, Stop Loss ₹238

2] NALCO: Buy at ₹438.75, Target ₹460, Stop Loss ₹428

3] KFin Technologies: Buy at ₹976, Target ₹1,025, Stop Loss ₹957

Amid escalating tensions in US-Iran, Sumeet Bagadia recommends five shares to buy on Monday, April 20: Garden Reach Shipbuilders & Engineers, Dalmia Bharat Sugar and Industries, HFCL, Shriram Finance, and Techno Electric & Engineering Company.

1] Garden Reach Shipbuilders & Engineers: Buy at ₹2,712, Target ₹2,900, Stop Loss ₹2,590

2] Dalmia Bharat Sugar and Industries: Buy at ₹394.15, Target ₹430, Stop Loss ₹375

3] HFCL: Buy at ₹95.49, Target ₹104, Stop Loss ₹91

4] Shriram Finance: Buy at ₹1,036.95, Target ₹1,100, Stop Loss ₹995

5] IFCI: Buy at ₹1,234.25, Target ₹1,325, Stop Loss ₹1,185

US-Iran tensions escalated over the weekend after the US forcibly seized an Iranian-flagged cargo ship that tried to get around a naval blockade near the Strait of Hormuz, and Tehran’s top military command vowed to retaliate.

Meanwhile, an AFP report said Iran is not currently planning to attend talks with the US, state media said, after President Donald Trump ordered US negotiators to travel to Pakistan on Monday, just days before a ceasefire in the Middle East expires.

Asian markets traded mixed on Monday as US-Iran tensions rose. Japan’s Nikkei 225 gained 0.62%, while the Topix rallied 0.68%. South Korea’s Kospi rose 0.27% while the Kosdaq dropped 0.52%. Hong Kong Hang Seng index futures indicated a higher opening.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,465 level, a premium of nearly 97 points from the Nifty futures’ previous close.

The Indian stock market is expected to open higher on Monday, following mixed cues from global markets amid cautiousness over the escalation of the US-Iran tensions in the Middle East. Saloni Goel has over nine years of experience as a business journalist, with a strong track record of covering the financial markets. Over the course of her career, she has reported extensively on global and domestic equities, IPO market activity, commodities, and broader macroeconomic trends. Her reporting reflects a keen eye for detail, data-driven analysis, and the ability to spot emerging themes early.

At Mint, Saloni has been part of the markets team for nearly two years, where she currently works as Chief Content Producer. In this role, she plays a key part in shaping market coverage, driving editorial strategy, and ensuring timely, accurate, and insightful reporting across. She has been closely involved in breaking news coverage and in crafting stories that help decode the complex financial developments.

Before joining Mint, Saloni worked with some of India’s leading business newsrooms, including The Economic Times and Business Standard. Throughout her career, she has worn multiple hats—ranging from reporting and editing to contributing in-depth features and identifying new storytelling formats and market trends.

Her experience in fast-paced digital newsrooms has given her an edge in simplifying complex market concepts without losing analytical depth. Outside of work, Saloni enjoys reading books and spending time with her pet.

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