Indian equity benchmark indices, the Sensex and Nifty, opened higher on Friday, April 27, 2026, despite persistent geopolitical uncertainty and selling by Foreign Institutional Investors. While the 30-share BSE Sensex added 191.84 points or 0.25 per cent to start the session at 76,856.05, the Nifty fell 47.5 points to open at 23,945.45. In the last trading session, the Sensex closed at 76,664.21 and the Nifty 50 at 23,897.95. However, the broader indices traded slightly in the green in the opening session. While the BSE Midcap Select Index was up by 113.38 points, the BSE Smallcap Select Index added 76.72 points or 0.96 per cent, to trade at 8,043.71.
From the Sensex pack, Sun Pharma, Adani Ports, Eternal, Kotak Bank, and Power Grid were in green with Sun Pharma leading the pack by gaining 2.63 per cent in the early trade. On the other hand, Axis Bank and Reliance were in the red, with Axis Bank the top loser, falling by over 4.58 per cent. Meanwhile, Paytm fell 8 per cent after the RBI cancelled the banking licence issued to Paytm Payments Bank (PPBL) for non-compliance with norms.
In early trade, market breadth was negative, with 2,346 stocks advancing against 4,62 stocks declining on the NSE. 84 stocks remained unchanged.
“We are of the view that 24,000/77000 would act as a crucial reference point for traders. Below this level, the correction wave is likely to continue, with the index potentially slipping to the 20-day SMA or 23,635/76000. Further downside could also continue, dragging the index to the 23,500-23450/ 75700-75500 range,” said Shrikant Chouhan, Head Equity Research, Kotak Securities.
What did Gift Nifty indicate?
Gift Nifty, an early indicator for the Nifty 50, indicated a flat start as it opened with a gain of 97.5 points at 24,051.50, compared to the previous close of 23,954. Foreign Institutional Investors (FIIs) extended their selling streak and offloaded equities worth Rs 8,827.87 crore. However, Domestic Institutional Investors (DIIs) provided partial support by purchasing equities worth Rs 4,700.71 crore.
Asian Markets Today
Asian stocks traded higher on AI optimism. While Japan’s Nikkei 225 added 1,094.82 points or 1.83 per cent to trade at 60,811, Hong Kong’s Hang Seng was up by 59.93 points or 0.20 per cent. Similarly, South Korea’s Kospi traded in the green with a gain of 149.47 points at the time of writing the report. Shanghai’s SSE Composite index was down 5.98 points or 0.15 per cent.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
