The Indian stock market made a strong start on Monday, the first trading day of the week. Nifty 50 opened with a gain of 117 points or 0.49% at 24,015, while BSE Sensex rose 405 points to 77,069. There was initial enthusiasm in the market due to positive global signals.
Different trends were seen in major stocks in early trade. Shares of Sun Pharmaceutical Industries rose by about 2.5%, while shares of Paytm fell by about 6%, due to which investors kept an eye on them.
According to experts, at the technical level Nifty has filled the gap created on April 15, 2026. According to technical research of Globe Capital, in the coming time the market may remain in the range of support of 23,800–23,550 and resistance of 24,300–24,500.
The impact of global markets is also visible. In the Asia-Pacific region, the Nikkei 225 rose 0.53% to a record high, while the Kospi gained nearly 1% to close at a new high. However, Australia’s S&P/ASX 200 was seen trading with a slight decline.
US markets had a mixed performance in the last session. The S&P 500 gained 0.8% to close at 7,165.08, while the Nasdaq Composite jumped 1.63% to 24,836.60. A slight decline was recorded in the Dow Jones Industrial Average.
A sharp rise in the prices of crude oil was seen in the commodity market. Brent crude was trading around $107.7 per barrel and WTI crude was trading around $96.41 per barrel.
On the domestic front, the fourth quarter (Q4FY26) results will play an important role in deciding the market direction. Shares may fluctuate depending on companies’ financial results, sector-specific trends and policy updates.
The market had closed with weakness on the last day of the last trading week. Sensex fell 999.79 points to close at 76,664.21 and Nifty slipped 275.10 points to close at 23,897.95.
Talking about the currency and bullion market, the Indian rupee strengthened by 0.14% and closed at 94.25 per dollar. In the international market, gold was trading at the level of $ 4,692 per ounce, while the June futures of gold on MCX remained near Rs 1,52,799 per 10 grams.
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