Market Closing Summary - 10 April, 2026

Nifty +1.16% (24,050) - strong broad-based rally with 2667 advances vs 575 declines → clear risk-on sentiment. Bank Nifty +1.99%, Midcaps +1.52% - leadership + participation both aligned. Sectoral momentum: Auto, Financials, PSU Banks, Realty, Mobility & New-age themes led the rally. Only laggard: IT (-1.91%). Macro cues: India 10Y eased to 7.56% → supportive for equities. USD/INR steady at 92.73. Structure: Momentum is strong, but Nifty 24,250–24,310 is a crucial resistance zone. Market may face supply here despite bullish breadth. This was a liquidity + breadth-driven rally. Next move depends on how price reacts at resistance - breakout or exhaustion.