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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 Markets Today

Market sentiment was supported by strong cues from overseas markets. Asian indices traded in the green. Global markets moved higher while oil prices trimmed gains after signs of renewed diplomatic progress between the US and Iran eased geopolitical concerns.

Asian equities rallied, with MSCI’s Asia Pacific index rising 1.7% and emerging market stocks hitting record highs. Japan’s Topix gained 1%, while Hong Kong’s Hang Seng and China’s Shanghai Composite edged up 0.1% each. Australia’s S&P/ASX 200 slipped 0.1%, while Euro Stoxx 50 futures rose 0.3%.

Oil prices, which had surged earlier, cooled off as hopes of reopening the Strait of Hormuz improved supply outlook. Brent crude pared gains to trade 1% higher at $106.50 per barrel after rising as much as 2.5% earlier.

The rally was 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.

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 India Cements, a subsidiary of UltraTech Cement, rallied up to 10% to ₹450 on the NSE after the company reported a sharp jump in March quarter earnings.

Net profit surged 300% year-on-year to ₹60 crore, while EBITDA rose more than six-fold to ₹179 crore, driven by improved realisations and operating efficiency. Revenue growth remained modest at 3% YoY at ₹1,218 crore.

Operational performance strengthened, with domestic volumes rising 18% YoY to 3.12 million tonnes and capacity utilisation improving to 84%. EBITDA per tonne increased significantly to ₹497, reflecting better margins.

The company also completed brand migration in March and outlined a ₹2,000 crore capex plan over two years, including capacity expansion and renewable initiatives. For FY26, net loss narrowed to ₹67 crore, while revenue rose 8% to ₹4,454 crore.

Shares of Cohance Lifesciences surged to the 20% upper circuit at ₹432.70 on the BSE after the company announced the appointment of Umang Vohra as Executive Chairman and Group CEO, effective next month.

Vohra will take over from Vivek Sharma, who is stepping down for personal reasons but will remain associated as an advisor for nine months to ensure a smooth transition.

The company said the move reflects a strategic decision by the board to onboard a leader suited for its next growth phase and transformation journey. It highlighted Vohra’s experience and leadership as key to scaling operations and strengthening capabilities.

Vohra said he sees strong long-term potential in the platform, citing the company’s technology, R&D strength, and existing leadership as solid foundations to drive value for stakeholders.

Shares of Shriram Finance declined nearly 4% to ₹971.35 on Monday, even as the company reported a strong set of Q4FY26 numbers. The fall suggests profit booking after recent gains, with investors appearing cautious despite continued bullish commentary from brokerages.

The lender posted a 41% year-on-year jump in standalone net profit to ₹3,014 crore for the March quarter, driven by steady loan growth and improved earnings performance. Net interest income (NII) rose 16% YoY to ₹6,994 crore, compared with ₹6,051 crore in the same quarter last year. The company’s assets under management (AUM) grew 15% year-on-year to ₹3,02,274 crore at the end of FY26, indicating sustained momentum in its lending business.

Despite the positive operational performance, the stock reaction remained muted, likely due to valuation concerns or near-term profit booking. However, brokerages continue to maintain a constructive stance on the stock, retaining ‘Buy’ ratings and highlighting meaningful upside potential based on growth visibility and earnings strength.

Nuvama maintained a ‘Buy’ rating with a target price of ₹1,765, valuing the stock at 20x FY28E EPS.

According to Nuvama Institutional Equities, Reliance Industries Ltd. reported a weaker-than-expected Q4FY26 performance, with EBITDA at ₹44,100 crore, up 1% year-on-year but down 4% sequentially, and about 6% below estimates. Growth was led by the digital business, which rose 16% YoY, while the O2C segment declined 4% and retail grew a modest 3%.

The brokerage flagged near-term headwinds in Q1FY27 due to softer O2C margins and muted retail traction. However, it highlighted strong long-term drivers, including rapid scaling of the new energy business, with module and cell capacity expected to reach 10GW, potentially adding around 6% to PAT. The company is also progressing on renewable energy and green hydrogen plans, which could lower power costs and boost profitability over time.

Shares of One97 Communications, parent of fintech Paytm, tumbled as much as 8% in early trade on Monday, 27 April, after the Reserve Bank of India (RBI) cancelled the license of Paytm Payments Bank Ltd (PPBL), more than two years after restricting its core business activities.

Paytm share price hit the day's low of ₹1055.25 on the BSE, erasing nearly ₹6,000 crore from investor wealth as its market capitalisation tumbled close to ₹67,500 crore, as against Friday's close of ₹73,427 crore.

RBI announced the cancellation of PPBL's licence, effective from the close of business hours on Friday, citing violations of rules. The central bank added that Paytm Payments Bank has enough liquidity to repay its entire deposit liability upon winding up. The RBI said the affairs of the bank were conducted in a manner detrimental to its own interests as well as its depositors.

IDFC First Bank remains under pressure in the near term following the recent fraud incident, with brokerages flagging a hit to investor confidence. However, improving funding costs, stabilising credit trends, and steady loan growth are seen as supporting earnings resilience going ahead.

Elara Securities said, “IDFCFB has faced near-term headwinds following the recent fraud incident; however, improvement in cost of funds, stabilizing credit costs (with MFI stress likely peaking), and healthy credit growth have supported earnings resilience.”

The brokerage indicated that while operational fundamentals are improving, the recent developments have weighed on sentiment, and any re-rating of the stock is likely to be gradual. It noted that future upside will depend on a consistent improvement in earnings visibility and asset quality outcomes.

Elara further said it has trimmed its FY27 and FY28 earnings estimates by 6.5% and 3.5%, respectively, reflecting the near-term impact of the challenges. It maintained an Accumulate rating on the stock but lowered the target price to ₹78 from ₹90 earlier, valuing the bank at 1.2x FY28 estimated book value, while also introducing FY29 estimates.

Axis Bank’s Q4 performance prompted a measured response from brokerages, with most agreeing that the bank remains fundamentally strong but faces near-term constraints that could limit sharp upside in the stock.

Domestic brokerage house Motilal Oswal Financial Services highlighted that the quarter was operationally in line, with lower credit costs and improving asset quality supporting the outlook. However, it flagged the ₹20 billion contingency provisioning as a sign of caution amid geopolitical uncertainty. The brokerage retained a Neutral rating with a target price of ₹1,475, implying limited upside from current levels.

“AXSB reported an inline quarter, with standard asset provisions of ₹20 billion largely offset by a tax reversal of ₹21.9 billion. NIM declined marginally by 2bp QoQ to 3.62%, with the bank reiterating its through-cycle NIM guidance of ~3.8%,” the brokerage said.

Sun Pharma share price rose as much as 5% to ₹1,704 in Monday's trading session after the company announced a mega deal with US-listed Organon.

The largest drug-maker stock opened at ₹1,625 today, as compared to the previous close of ₹1,620 on Friday last week.

Sun Pharma-Organon deal

In an exchange filing on Monday, Sun Pharma said that it has entered into a definitive agreement to acquire US-listed Organon. The deal is aimed at driving sustained long-term value creation and leveraging complementary portfolios to strengthen its business position. Sun Pharma said it will acquire 100% of Organon’s outstanding equity at an enterprise value of $11.75 billion, according to an exchange filing.

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.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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