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Markets continue to trade in fine fettle in late morning deals
Apr-10-2026

Domestic equity indices continued to witness gains and were trading higher by over 0.80 percent in late morning deals as market participants indulged in enlarging their positions. Positive cues from the global markets supported domestic sentiments. Sentiments got boost as Principal Secretary to the Prime Minister, Shaktikanta Das said that India has consistently shown remarkable resilience during global crises, not only surviving them but also transforming through the turbulence to emerge stronger. Further, some support also came in as the World Bank said that India is well placed to weather the current global energy shock with ample buffers, including high foreign exchange reserves, fiscal space and low inflation, which will support growth despite global headwinds. 

On the global front, Asian markets were trading in green following positive cues from the US markets overnight. Back home, most of sectoral indices on the BSE were trading in green led by Realty, Auto, Consumer Disc, Bankex and Industrials.  

The BSE Sensex is currently trading at 77263.51, up by 631.86 points or 0.82% after trading in a range of 76851.16 and 77501.40. There were 25 stocks advancing against 5 stocks declining on the index.

The top gaining sectoral indices on the BSE were Realty up by 2.98%, Auto up by 1.98%, Consumer Disc up by 1.74%, Bankex up by 1.67% and Industrials up by 1.66%, while IT down by 2.50% and TECK down by 1.69% were the only losing indices on BSE.

The top gainers on the Sensex were Asian Paints up by 3.73%, ICICI Bank up by 2.83%, Mahindra & Mahindra up by 2.61%, Axis Bank up by 2.58% and Bajaj Finance up by 2.24%. On the flip side, Sun Pharma down by 4.67%, Infosys down by 3.48%, TCS down by 3.15%, HCL Technologies down by 2.82% and Tech Mahindra down by 2.25% were the top losers.

Meanwhile, Shaktikanta Das, Principal Secretary to the Prime Minister, has emphasised that India has constantly demonstrated remarkable resilience during global crises, not only surviving them but also transforming and emerging stronger through the turbulence. He noted that the global economy continues to face an unsettled and charged environment marked by geopolitical tensions, supply chain disruptions and uneven growth across regions. 

Against this backdrop, the former RBI governor highlighted India's strong economic performance, stating that the country’s real GDP growth for FY26 is estimated at 7.6 per cent under a new GDP series, achieving a robust estimated average growth of 7.8% over the past five years. He also noted that India's economic resilience is driven by several factors like macroeconomic stability, policy consistency, infrastructure development and robust domestic demand. 

Talking about India's policy response during crises, he said the country adopted a calibrated approach. He said both fiscal and monetary measures were introduced when needed, therefore froth was not allowed to accumulate or overrun the system. He also highlighted structural changes in the economy, including rapid digitalisation, expansion of infrastructure and growth in manufacturing sectors, such as electronics and semiconductors. On the external front, he said India's strategic autonomy and diversified partnerships have reduced overdependence on any single country. Looking ahead, he said India's growth drivers, ranging from demographic advantage and rising consumption to infrastructure push and digital public infrastructure, are structural and durable. 

The CNX Nifty is currently trading at 23972.15, up by 197.05 points or 0.83% after trading in a range of 23856.35 and 24036.20. There were 41 stocks advancing against 9 stocks declining on the index.

The top gainers on Nifty were Asian Paints up by 3.69%, ICICI Bank up by 2.69%, Mahindra & Mahindra up by 2.67%, Axis Bank up by 2.59% and Shriram Finance up by 2.35%. On the flip side, Sun Pharma down by 4.67%, Infosys down by 3.47%, TCS down by 3.16%, HCL Technologies down by 2.76% and Tech Mahindra down by 2.29% were the top losers.

All Asian markets were trading higher; Nikkei 225 surged 1056.68 points or 1.89% to 56,952.00, Taiwan Weighted added 556.67 points or 1.57% to 35,417.83, Jakarta Composite gained 147.87 points or 1.98% to 7,455.46, Shanghai Composite strengthened 33.56 points or 0.85% to 3,999.73, KOSPI increased 91.83 points or 1.59% to 5,869.84, Hang Seng advanced 264.6 points or 1.03% to 26,017.00 and Straits Times rose 6.69 points or 0.13% to 4,983.77. 
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