The Nifty50 gained 33.05 points (0.14%) to close at 23,412.60, while the Sensex rose 49.74 points (0.07%) to settle at 74,608.98.
Broader markets also ended positive:
Nifty MidCap gained 0.77%
Nifty SmallCap rose 0.31%
Impact On The Stock Market
Sector-wise performance remained mixed, with commodity-linked sectors outperforming while rate-sensitive sectors lagged.
Top Gainers
- Nifty Metal emerged as one of the strongest sectors amid rising commodity optimism.
- Nifty Oil & Gas gained as elevated crude oil prices supported energy stocks.
- Nifty Consumer Durable also moved higher on selective buying interest.
Top Losers
- Nifty IT witnessed the sharpest decline during the session.
- Nifty Auto, Nifty Bank, and Nifty Media also traded lower as investors remained cautious on growth-sensitive sectors.
The broader trend suggests investors are rotating towards sectors that may benefit from higher commodity prices while avoiding sectors vulnerable to inflation and slowing demand.
| Sector/Index | Performance |
| IT & BPM sector | -1.13% |
| Healthcare sector | 0.29% |
| Oil & Gas sector | 1.28% |
| Real estate sector | -0.19% |
| PSU Bank in India | -0.09% |
Top gainers today
| Company | Share Price (in ₹) | Change % |
| Asian Paints | 2,617.60 | 4.47 |
| Adani Enterprise | 2,498.00 | 3.86 |
| Tata Steel | 219.62 | 3.59 |
| Hindalco | 1,073.10 | 3.04 |
| Adani Ports | 1,737.80 | 2.94 |
Top losers today
| Company | Share Price (in ₹) | Change % |
| Eicher Motors | 6,971.50 | -2.17 |
| M&M | 3,111.80 | -2.02 |
| Power Grid Corp | 301.50 | -1.57 |
| Infosys | 1,123.10 | -1.51 |
| TATA Cons. Prod | 1,235.00 | -1.44 |
Market aftermath: Impact on stocks
TVS Motor Delivers Strong Growth Across Segments
TVS Motor Company reported a strong set of Q4 results, with consolidated net profit rising 19% year-on-year to ₹771 crore. Revenue from operations jumped 30% to ₹15,052 crore, while EBITDA margins improved to 13.1%.
The company witnessed strong growth across motorcycles, scooters, exports and electric vehicles, with EV sales surging 51% year-on-year. Investors reacted positively to the company’s operational performance, premium product launches and growing global presence.
Cipla Profit Drops Despite Strong India Business
Cipla reported a sharp 55% decline in quarterly profit to ₹555 crore as weaker North America sales and rising expenses weighed on margins. Revenue slipped 2.8% to ₹6,541 crore, while EBITDA margins contracted sharply to 15.2%.
Despite the weak quarter, the company highlighted strong growth in India, Africa and emerging markets, driven by chronic therapies and consumer health segments. Cipla also announced a final dividend of ₹13 per share.
Berger Paints Rally Lifts Paint Stocks
Berger Paints India surged over 9% after reporting a 27.5% rise in net profit for Q4 FY26. Revenue increased to ₹2,868 crore, supported by improved product mix, easing raw material costs and strong decorative paint demand.
The rally also lifted peers like Asian Paints and Kansai Nerolac Paints. Brokerages remained optimistic due to expected price hikes, improving rural demand and stable competition in the paint industry.
Crude Oil
Crude oil prices traded slightly lower as markets assessed the fragile ceasefire situation in West Asia and developments around Donald Trump’s China visit.
Brent crude traded near $106 per barrel, while WTI crude hovered around $101. Even though prices eased slightly during the session, markets remain concerned because:
- The Strait of Hormuz is still partially disrupted
- Oil production in West Asia remains impacted
- Global inventories are expected to fall sharply in the coming months
According to the US Energy Information Administration (EIA), around 10.5 million barrels per day of oil production in the Middle East remained shut in during April due to the conflict.
The report also projected:
- Brent crude could remain near $106 in the near term
- Oil inventories may decline by 2.6 million barrels per day this year
- Oil prices may cool only gradually later in 2026 if production normalises
For India, elevated crude oil prices continue to remain a major concern because they can:
- Increase inflation pressure
- Raise transportation and fuel costs
- Impact corporate profitability
- Put pressure on the rupee and current account deficit
Conclusion
Today’s session reflected a market trying to stabilise amid continued global uncertainty.
The biggest highlights of the day were:
- Benchmark indices ending marginally higher after volatility
- Strong buying in metals, oil and paint stocks
- Positive earnings momentum from TVS Motor and Berger Paints
- Weakness in IT and banking sectors
- Crude oil continuing to dominate investor sentiment
While markets showed resilience after two days of heavy selling, investors remain cautious due to the uncertain geopolitical environment and elevated energy prices.
The next few sessions will likely depend on:
- Progress in US-China discussions
- Developments around the Iran ceasefire
- Movement in crude oil prices
For now, markets appear to be shifting from panic towards selective optimism — but volatility is still far from over.
