The benchmark Indian equity indices, Sensex and Nifty 50, are expected to open on a cautious note on Monday, supported by mildly positive global cues and ongoing domestic earnings momentum.
Investor sentiment remains mixed as global developments, rising crude oil prices, and geopolitical tensions continue to influence market direction. At the same time, the ongoing Q4FY26 earnings season is likely to drive stock-specific movements.
As of 07:11 AM IST on April 27, 2026, GIFT Nifty was trading at 24,124.0, up 170 points or 0.71%. The index touched a high of 24,134.5 and a low of 24,005.0 during early trade, suggesting a mildly positive start for domestic markets.
In the previous trading session on April 24, 2026, Indian markets closed on a weak note. The Sensex declined 999.79 points, or 1.29%, to settle at 76,664.21, while the Nifty 50 fell 275.10 points, or 1.14%, to close at 23,897.95.
Asia-Pacific markets mostly traded higher on Monday. Japan’s Nikkei 225 rose 0.53% to reach a record high, while South Korea’s Kospi gained 1% to hit a fresh peak. However, Australia’s S&P/ASX 200 slipped 0.54%, reflecting mixed sentiment across the region.
US stock markets closed on a mixed note on Friday, 24 April. The S&P 500 advanced 0.8% to close at 7,165.08, and the Nasdaq Composite surged 1.63% to settle at 24,836.60, with both indices hitting record highs. Meanwhile, the Dow Jones Industrial Average edged lower by 79.61 points, or 0.16%, to close at 49,230.71.
Read More: Defence Stock Rally: Mazagon Dock Turns ₹1 Lakh into ₹26 Lakh in 5 Years!
Ongoing geopolitical tensions, particularly involving the United States and Iran, remain a key concern for global markets. Disruptions in critical trade routes such as the Strait of Hormuz have raised concerns about energy supply, contributing to volatility in crude oil prices and investor sentiment.
Recent remarks by US President Donald Trump, indicating a halt to diplomatic travel plans related to Iran discussions, have further added to uncertainty in global markets.
The US Federal Reserve is scheduled to hold its policy meeting on 28–29 April. Market participants widely expect the central bank to keep interest rates unchanged for the third consecutive time, with the benchmark rate currently in the range of 3.5% to 3.75%.
India and New Zealand are expected to sign a free trade agreement on 27 April, aiming to boost bilateral trade to $5 billion over the next five years. The agreement could open new opportunities across sectors despite current trade levels being relatively modest.
Crude oil prices witnessed a sharp rise in early trading. US benchmark West Texas Intermediate (WTI) crude increased by around 2.1% to trade near $96.41 per barrel, while Brent crude climbed approximately 2.30% to hover close to $107.7 per barrel.
The US Dollar Index (DXY) edged slightly higher by 0.04% to 98.58 in early Monday trade. Meanwhile, the Indian rupee appreciated by 0.14% to close at 94.25 against the US dollar on 24 April, indicating some resilience in the domestic currency.
Foreign institutional investors (FIIs) continued their selling trend, offloading equities worth Rs 8,828 crore on 24 April, marking their largest single-day sell-off since early April.
On the other hand, domestic institutional investors (DIIs) provided support to the market by purchasing shares worth Rs 4,701 crore during the same session.
Indian markets are poised for a cautious opening, with GIFT Nifty signalling mild gains. While positive cues from Asian markets and stable US performance provide some support, rising crude oil prices, geopolitical uncertainties, and FII outflows may keep investor sentiment in check. The ongoing earnings season and global developments will remain key drivers for market direction in the near term.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks; read all related documents carefully before investing.
Published on: Apr 27, 2026, 8:17 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN