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EQUITY
Post Session: Quick Review
Apr-27-2026

Indian equity benchmarks ended near day’s high points on Monday supported by buying in metals, healthcare and IT stocks. Markets made positive start and maintained their upward momentum throughout the session, amid signs of easing geopolitical tensions after reports indicated that Iran has offered a new proposal to the U.S. for reopening the Strait of Hormuz and ending the war.

Some of the important factors in trade:

India, US wrap up three-day trade talks: Some support also came as the Commerce and Industry Ministry stated that three-day trade talks between Indian and US officials concluded on April 23, 2026 with both sides agreeing to remain engaged to sustain the momentum. 

India, New Zealand to sign FTA soon: Sentiments remained upbeat as Commerce and Industry Piyush Goyal said India and New Zealand are set to sign a free trade agreement (FTA) on April 27, which is expected to boost trade between the two countries in the coming months.

India follows diversified strategy to boost exports to China: Traders took support with the report stating that India is following a diversified strategy to boost exports to China by strengthening domestic capacities while reducing import dependence through diversification of its supplier base, as complete decoupling from Beijing is difficult since Chinese inputs support the country's industrial growth. 

On the global front: European markets were trading in the green ahead of key interest rate decisions from major central banks, including the U.S. Federal Reserve, European Central Bank, Bank of Japan, and Bank of England. Asian markets closed mostly higher following reports that Iran has put forward a proposal to the United States regarding the reopening of the Strait of Hormuz.

The BSE Sensex ended at 77303.63, up by 639.42 points or 0.83% after trading in a range of 76754.20 and 77420.04. There were 22 stocks advancing against 8 stocks declining on the index. (Provisional)

The top gaining sectoral indices on the BSE were Utilities up by 2.50%, Healthcare up by 2.43%, Realty up by 2.35%, IT up by 2.20% and Power up by 2.05%, while there were no losing sectoral indices on the BSE. (Provisional)

The top gainers on the Sensex were Sun Pharma up by 6.98%, Reliance Industries up by 3.19%, Adani Ports and Special Economic Zone up by 2.60%, NTPC up by 2.56% and Tech Mahindra up by 2.46%. On the flip side, Axis Bank down by 2.95%, Bharat Electronics down by 1.80%, Trent down by 1.08%, ICICI Bank down by 0.70% and Eternal down by 0.64% were the top losers. (Provisional)

Meanwhile, The Global Trade Research Initiative (GTRI) has said that India’s export of textiles and garment saw a 2.2% decline in dollar terms and 2.1% fall in rupee terms in the fiscal year 2025-26, due to contraction in shipments of key labour-intensive segments such as cotton and garments. GTRI said the contraction was visible across major categories, with cotton textiles falling 3.9 per cent, ready-made garments declining 1.4 per cent and carpets dropping 5.3 per cent. It said only handicrafts registered marginal growth of 1.5 per cent during the fiscal. It noted that the contrast between Rupee and dollar growth highlights a deeper structural concern.  

GTRI founder Ajay Srivastava said India is exporting more in value terms domestically, but earning fewer dollars globally. For instance, man-made textiles show a 3.6 per cent rise in rupee terms but a 0.8 per cent decline in dollar terms, and garments show a 2.9 per cent increase in rupee terms despite a 1.4 per cent dollar contraction. 

He said this suggests that currency depreciation and not competitiveness is behind the apparent growth, and added that in real terms, India is losing market share or failing to expand in key global markets, particularly in labour-intensive sectors where it should be gaining ground. He said the data shows stagnation or decline in core segments, despite initiatives on production-linked incentives, logistics improvements, and trade facilitation. So, he said the government must urgently investigate bottlenecks. 

The CNX Nifty is currently trading at 24092.70, up by 194.75 points or 0.81% after trading in a range of 23936.20 and 24130.70. There were 41 stocks advancing against 9 stocks declining on the index. (Provisional)

The top gainers on Nifty were Sun Pharma up by 6.98%, JIO Financial Serv. up by 3.22%, Reliance Industries up by 2.86%, Wipro up by 2.85% and Tech Mahindra up by 2.77%. On the flip side, Shriram Finance down by 3.62%, Axis Bank down by 3.05%, Bharat Electronics down by 1.99%, Tata Consumer Products down by 1.15% and ICICI Bank down by 0.91% were the top losers. (Provisional)

European markets were trading higher; Germany’s DAX gained 122.32 points or 0.51% to 24,251.30, France’s CAC rose 41.98 points or 0.51% to 8,199.80 and UK’s FTSE 100 increased 10.13 points or 0.1% to 10,389.21.

Asian markets ended mixed on Monday due to uncertainties linked to the Middle East conflict. Iran has submitted a new proposal via Pakistani mediators to the United States to de-escalate regional conflict and reopen the Strait of Hormuz, following stalled peace talks. Meanwhile, investors were cautiously awaiting for slew of rate decisions this week, the Bank of Japan on Tuesday, the Federal Reserve on Wednesday and followed by both the European Central Bank and Bank of England on Thursday. Chinese shares rose, supported by robust economic data showing profits at major industrial firms jumped 15.5% year-on-year in the first quarter of 2026, accelerating slightly from 15.2% in January-February. Recent data also showed that the Producer Price Index (PPI) grew 0.5% in March, ending a 41-month deflationary streak. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

4,086.34

6.44

0.16

Hang Seng

25,925.65

-52.42

-0.20

Jakarta Composite

7,106.52

-22.97

-0.32

KLSE Composite

1,717.27

-3.07

-0.18

Nikkei 225

60,537.36

821.18

1.38

Straits Times

4,892.73

-30.13

-0.61

KOSPI Composite

6,615.03

139.40

2.15

Taiwan Weighted

39,616.63

684.23

1.76
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