On the sectoral front, oil & gas, PSU Bank, Infra, Consumer Durables, and Private Bank shed between 0.4-2%, while metal, power, pharma added 0.5-1%. L&T, Interglobe Aviation, HDFC Bank, Shriram Finance, Jio Financial are among biggest losers on the Nifty, while gainers included Dr Reddy's Labs, Hindalco, Bajaj Auto, Bharat Electronics, ONGC. Nifty Midcap and Smallcap ended on a flat note.
According to Samvitti Capital's Prabhakar Kudva, Q4FY26 and Q1FY27 may see a marginal impact on account of higher crude prices in March and April, particularly for crude-sensitive sectors, but things should largely normalise by Q2.
The Nifty 50 needs a decisive close above the psychological 24,000 zone for a move toward the 24,300–24,500 levels. However, the 23,900–23,800 range is expected to be immediate key support.
After a stellar run, the Nifty 50 may see some consolidation before getting ready for the next leg of the upmove toward the 24,300–24,500 zone. However, 23,800 is likely to act as support in the upcoming sessions, experts said.
HDFC Securities CEO Dhiraj Relli expects Indian markets to reclaim all-time highs this financial year, driven by moderating valuation premiums, steady earnings growth, and renewed investor interest.
Rate-sensitive sectors recorded the biggest gains, with Nifty Realty at the top with a 6.75 percent surge, followed by Nifty Auto (6.69 percent) and Bank Nifty (5.67 percent).
The next immediate crucial resistance zone for the Nifty 50 is seen at 24,200–24,300, followed by 24,500, and 24,800 being a critical hurdle. However, 23,800 is going to be a support level, according to experts.
Nearly 100 stocks touched their 52-week high on the BSE, including Adani Energy, Titan Company, ABB India, Natco Pharma, SAIL, Anand Rathi, Aurobindo Pharma, Godawari Power, Granules India, CCL Products, among others.
Indian markets closed sharply higher in a strong risk-on session, driven by positive global and domestic cues. Sentiment got a major boost after an Iran–US ceasefire eased geopolitical tensions, triggering a decline in crude oil prices and lifting investor confidence. On the domestic front, the Reserve Bank of India’s policy stance further supported the rally, with signals of stability and adequate liquidity encouraging buying in rate-sensitive sectors. Financial stocks led from the front, pushing Bank Nifty up more than 5.5%, while benchmark indices posted robust gains. The rally was broad-based, with all sectoral indices ending in the green and mid- and small-cap stocks outperforming. The rupee also strengthened, reflecting improved macro sentiment and lower volatility.
Markets surged over 3% on global relief cues. Here’s what the rally means for investors now.
Moneycontrol collated top 10 rate-sensitive stocks from experts to accumulate after the RBI policy decision.
The market capitalisation of BSE-listed companies jumped more than Rs 16 lakh crore to Rs 445.57 lakh crore from Tuesday's Rs 429.26 lakh crore.
Corporate India’s Q4 FY26 earnings season arrives with modest 6% Nifty growth after a brutal quarter of war, crude shocks and rupee stress — but a fresh West Asia ceasefire now offers early relief for the road ahead.
Oil prices dived on Wednesday after a two-week ceasefire in the Middle East spurred a relief rally as investors cheered the possible resumption of oil and gas flowing through the Strait of Hormuz.
Shriram Finance, Adani Enterprises, Tata Motors Passenger Vehicles, Interglobe Aviation and Eicher Motors were among biggest gainers on the Nifty, while losers included Coal India, Tech Mahindra, Nestle India, Wipro, ONGC. Nifty Midcap and Smallcap indices added 4% each. All the sectoral indices ended in the green with Auto and Realty rose more than 6 percent, while consumer durables, oil & gas, telecom, infra, PSU Bank, Private Bank advanced 3-5 percent.
Near-term elevated levels in crude oil are likely, but a sustained move significantly above the $90–100 a barrel range would require prolonged and deeper disruptions, said Anil Rego of Right Horizons PMS.
If the positive scenario plays out, the upward journey toward 23,400–23,500 cannot be ruled out, and sustaining above this zone could trigger a sharp rally. However, 23,000 is likely to act as immediate support, followed by the crucial 22,700 level.
Rising further and sustaining above the 23,300–23,400–23,500 levels is crucial for the Nifty to move toward the psychological 24,000 zone. However, immediate support is seen at 22,700.
Analysts said resistance is placed at 23,200, and a decisive move above this level could trigger the next leg of the rally towards 23,500–23,800.
Biggest Nifty gainers were Wipro, Hindalco Industries, HCL Technologies, TCS, Infosys, while losers included Dr Reddy's Laboratories, Adani Enterprises, Interglobe Aviatoion, Apollo Hospitals, M&M.
Market trades range-bound | RBI likely to leave rates unchanged tomorrow | Trump Iran Deadline Ahead Infosys, TCS and Airtel were the top gainers. Nine out of 15 sectoral indices compiled by the NSE declined, led by the NSE Nifty PSU Bank index’s 1.7% fall. The NSE Nifty IT index was the top sectoral gainer, up 2.2%. Crude dipped below $110. The Nifty fell over 100 points to 22,900, while the Nifty Bank index was also down. Max Health, Eternal and IndiGo were among the top laggards. At the close, both benchmark indices pared early losses.
Sensex, Nifty rebounded after declining in early trade, aided by a drop in crude oil prices and gains in global equities. Buying in IT shares supported the upmove.
3P Investment Managers noted that the sharp fall in the Nifty, along with a prolonged 18-month time correction, has reduced valuations by about 21 percent from peak levels.
Global markets edged higher even as U.S.-Iran tensions pushed oil prices near $110. Will rising crude and geopolitical risks cap Nifty’s rally near 23,000? Here’s what investors should watch next.
Oil prices extended gains on Tuesday as Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint.