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Sensex, Nifty make gap-up opening amid easing crude oil prices
Jul-27-2026

Indian equity benchmarks made gap-up opening on Monday after declining for five consecutive sessions, as crude oil prices eased following reports of a pause in military strikes in West Asia. According to reports, Iran said it would halt its attacks as long as the United States reciprocated. Brent crude prices fell sharply to around the $92-per-barrel mark from above $100 previously. The Sensex and Nifty traded firmly in the green in early deals with buying witnessed across all sectoral indices. The gains were led by the IT and TECK sectors. Traders took note of report that Minister of State for Commerce and Industry Jitin Prasada has said that the government is studying all the developments and remains engaged with the US in the framework of negotiating a bilateral trade agreement. Besides, the RBI data has showed that India’s forex reserves jumped by $1.08 billion to $676.237 billion during the week ended July 17.

On the global front, Asian markets were trading mixed as easing Middle East tensions and a sharp retreat in oil prices improved risk sentiment, while investors looked ahead to a pivotal week of central bank meetings and earnings from Wall Street’s biggest technology companies.

The BSE Sensex is currently trading at 76680.40, up by 620.63 points or 0.82% after trading in a range of 76530.24 and 76698.07. There were 28 stocks advancing against 2 stocks declining on the index.

The top gaining sectoral indices on the BSE were IT up by 2.53%, TECK up by 1.52%, Consumer Discretionary up by 1.25%, Realty up by 1.20% and Healthcare up by 1.19%, while there was no loser on the BSE sectoral front.

The top gainers on the Sensex were Interglobe Aviation up by 3.58%, Infosys up by 3.21%, Asian Paints up by 2.58%, Eternal up by 2.57% and Bajaj Finance up by 2.43%. On the flip side, ICICI Bank down by 0.14% and Bharti Airtel down by 0.09% were the only losers.

Meanwhile, industry body -- Associated Chambers of Commerce and Industry of India (Assocham), in a latest study, has said that the implementation of the India-UK Free Trade Agreement (FTA) is likely to boost India's exports to the UK to $115 billion by 2030 from an estimated $58 billion in 2025-26. The agreement is also expected to generate 700,000 to 1 million new employment opportunities. The India-UK FTA came into force on July 15, 2026.

However, the chamber noted that realizing this potential will require India to maintain sustained competitiveness. It said Indian businesses must meet stringent product quality and certification requirements, comply with Rules of Origin provisions, and adhere to international sustainability standards.

Assocham President Nirmal K Minda has said that ease of doing business reforms, along with sustained investments in infrastructure and supply chains, will be critical to meeting these requirements. He added that the engineering goods sector is likely to be among the biggest beneficiaries of the agreement, providing a significant boost to MSME growth and, in turn, creating more employment opportunities.

The CNX Nifty is currently trading at 23951.05, up by 183.60 points or 0.77% after trading in a range of 23896.70 and 23964.50. There were 42 stocks advancing against 8 stocks declining on the index.

The top gainers on Nifty were Interglobe Aviation up by 3.75%, Infosys up by 3.29%, Eternal up by 3.11%, Bajaj Finance up by 2.66% and Asian Paints up by 2.65%. On the flip side, ONGC down by 2.46%, Wipro down by 0.45%, SBI Life Insurance down by 0.30%, Bajaj Auto down by 0.13% and Apollo Hospital down by 0.06% were the top losers.

Asian markets were trading mixed; Taiwan Weighted lost 562.98 points or 1.29% to 43,091.86, KOSPI dropped 25.06 points or 0.37% to 6,665.56, Nikkei 225 slipped 11.15 points or 0.02% to 64,600.00 and Jakarta Composite plunged 1.72 points or 0.03% to 6,194.71. On the other hand, Hang Seng surged 215.77 points or 0.86% to 25,179.00, Shanghai Composite strengthened 15.19 points or 0.4% to 3,829.39 and Straits Times was up by 12.33 points or 0.22% to 5,600.67.

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