Stock Market Snapshot | Sensex jumps 640 pts, Nifty rebounds on IT, pharma buying (27 April 2026) - Moolaah Skip to main content

Market performance

Indian equity markets recovered on April 27, 2026, after three consecutive sessions of losses. The Sensex gained over 600 points, while the Nifty moved higher during the session.

The rebound was supported by buying in IT and pharmaceutical stocks. Improved sentiment around possible US–Iran talks and better-than-expected Q4 earnings also supported the recovery, despite crude oil prices remaining elevated.

Index performance

Sensex rose 639.42 points (0.83%) to close at 77,303.63.

Nifty 50 gained 194.75 points (0.81%) to 24,092.70.

Nifty Bank advanced 174.55 points (0.31%) to 56,264.30.

Nifty IT surged 628.55 points (2.20%) to 29,159.15.

Broader markets outperformed the benchmarks.

Nifty Midcap climbed 873.55 points (1.47%) to 60,248.35.

Nifty Smallcap rose 162.95 points (1.90%) to 8,749.05.

What drove the market move?

Buying in IT and pharma stocks

IT and healthcare stocks led the gains, with strong buying interest seen in these sectors.

Recovery after recent decline

Markets rebounded after three sessions of losses driven by earlier global concerns.

Improved sentiment on US–Iran talks

Renewed expectations of talks supported investor confidence.

Support from earnings and domestic sectors

Stronger-than-expected Q4 earnings and buying in domestic sectors such as banking and FMCG supported the recovery.

Sectoral performance

IT, healthcare and pharma sectors were among the top gainers, with gains of around 2%.

Domestic-oriented sectors such as banking, FMCG and capital goods also supported the market.

Broader market indices outperformed benchmark indices.

Commodities and Currency

Gold (MCX) declined to ₹1,52,198, down ₹501 (-0.33%) (as of 4 pm).

Silver (MCX) fell to ₹2,43,141, dropping ₹1,495 (-0.61%) (as of 4 pm).

Brent crude traded around $107 per barrel.

The Indian Rupee strengthened to 94.19 per dollar.

Volatility index

Market volatility declined. India VIX fell by 1.33 points (-6.77%) to 18.38, indicating easing uncertainty.

Market takeaway

Monday’s recovery reflects improved sentiment after recent losses, supported by sectoral buying and earnings-related optimism.

Markets will continue to track crude oil prices, geopolitical developments and global policy signals for further direction.

Source: Moneycontrol, Business Standard, Google Finance

Disclaimer: This content is shared for general informational purposes only. It does not constitute investment advice, a recommendation, or an offer to buy or sell any securities or financial products. Market data and views are based on publicly available information and are subject to change. Investments in the securities market involve risk. Readers should consult a qualified financial advisor before making any investment decisions. Moolaah is an Association of Mutual Funds in India-registered mutual fund distributor (ARN: 245875) that connects investors with mutual fund distributors. 

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