Indian stock markets are seeing a strong rally today, with both major indices surging in afternoon trade. The benchmark Sensex surged by 1.35%, reaching 80,282.23, up by 1,069.70 points. Meanwhile, the Nifty 50 also posted significant gains, climbing 1.27% to stand at 24,343.75, with an increase of 304.40 points
As of 10:00 AM IST, the Sensex soared by 702.67 points, reaching 79,915.20, a 0.89% rise. Similarly, the Nifty 50 rose by 192.10 points to stand at 24,231.45, gaining 0.8%.
Both Sensex and Nifty kicked off Monday’s trading session in the green. The Sensex opened at 79,343.63, rising 0.34%, while the Nifty 50 began the session at 24,122.10, up 0.34%. The Nifty Bank index also started positively at 54,777.10, up by 0.21%. As the new trading week begins, all eyes are now on a heavy lineup of earnings announcements, sectoral movements, and global cues.
Here’s a quick look at the six key highlights to track throughout the day.
Top Gainers: Who is leading the charge?
Among the Sensex 30 pack, the top performers this morning include Reliance Industries, M&M, Bharti Airtel, IndusInd Bank, and Tech Mahindra, delivering strong early gains.
Key Losers: Stocks under pressure
Some stocks are struggling to keep up. Early laggards in the Sensex pack include HCL Tech, Maruti, Nestle India, Asian Paints and UltraTech Cement, witnessing some selling pressure as investors continue to rotate their bets ahead of major corporate results.
Earnings on the radar: A busy day ahead
Today is set to be action-packed for earnings watchers. Major companies like TVS Motor Company, Adani Total Gas, Hexaware, PNB Housing Finance, Castrol India, Indegene, and Greenply Industries will announce their quarterly results.
Other big names such as UltraTech Cement, Adani Green Energy, IDBI Bank, Central Bank of India, Oberoi Realty, and CSB Bank are also scheduled to report.
In addition, investors will be keeping an eye on updates from Go Digit General Insurance, UCO Bank, KFin Technologies, Firstsource Solutions, Nippon Life India Asset Management, IIFL Capital Services, IRFC, and Aditya Birla Sun Life AMC.
Asian Markets
Asian markets also started the week on a firm footing. Japan’s Nikkei 225 rose by 0.82%, and the Topix index advanced by 1.11% in early trade. South Korea’s Kospi was up 0.32%, while the Kosdaq gained 0.29%. Australia’s S&P/ASX 200 climbed 0.44%.
Wall Street Recap
On Friday (April 25), US stocks ended the week with gains. The S&P 500 rose 0.74% to close at 5,525.21, while the tech-heavy Nasdaq Composite jumped 1.26% to finish at 17,282.94. The Dow Jones Industrial Average managed a smaller gain of 20 points, ending at 40,113.50.
Gold prices today: Marginal decline
Gold prices slipped slightly today as easing trade tensions between the US and China reduced safe-haven demand, while a stronger US dollar further weighed on bullion prices. As per GoodReturns, in India, 10 grams of 24-carat gold rate today is priced at Rs 98,820, while 10 grams of 22-carat gold costs Rs 90,001. Buyers opting for 18-carat gold will pay around Rs 73,650 for the same quantity.