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Stock Markets News as on 28th April, 2026
Indian stock markets saw a mixed but slightly negative bias on Tuesday, April 28, 2026, with the major indices trading around the 24,000‑level on Nifty and near 77,000 on Sensex amid elevated crude‑oil prices and ongoing foreign‑institutional selling. Both the BSE Sensex and Nifty 50 ended the session in the red, reversing part of Monday’s gains, while midcap and smallcap indices held relatively better, reflecting broader‑market resilience.
Benchmark indices today
The Nifty 50 hovered around the 24,000 zone, closing below 24,050 with a loss of roughly 0.4–0.5% on the day, while the BSE Sensex shed over 300–400 points to settle near 76,800–76,900. This subdued move came on options‑expiry day, which typically adds volatility and often leads to profit‑booking or index‑level adjustments.
Sector‑wise performance
Sectorally, PSU and private banks were among the main drags, with the Nifty Bank index slipping about 1–1.5% as rate and margin concerns weighed on financials. On the flip side, energy, metals, and select oil & gas names such as ONGC, Coal India, and Grasim posted gains, benefiting from higher crude prices and strong operating performance.
Broader market and outlook
Midcap and smallcap indices outperformed the benchmarks, with Nifty Midcap and Smallcap indices inching up 0.2–0.8%, signalling that stock‑specific and sector‑specific stories continue to drive parts of the market even as FIIs remain net sellers. Analysts note that India’s equity‑market underperformance in 2026 versus global indices is largely linked to global “AI‑driven” flows favouring U.S. tech, which may keep pressure on FIIs until that rotation eases.
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Among top gainers
- ONGC – up around ~6%.
- Adani Enterprises – up about ~3.9%.
- Coal India – gained roughly ~3.4%.
- Reliance Industries – up about ~2.1%.
Among top losers
- Axis Bank – down about ~2.6–2.7%.
- Tata Technologies – fell around ~3.7%.
- Zensar Technologies – down about ~3.0%.
- Maruti Suzuki, HCL Tech, Trent were also among the notable decliners.
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Markets at Close
28th April, 2026
Markets decline on expiry day; Nifty below 24,000, Sensex down 417 pts
Broader markets outperformed the benchmarks, with the Nifty Midcap index rising 0.3% and the Smallcap index advancing 0.4%. Maruti Suzuki, Axis Bank, HCL Technologies, Shriram Finance, and InterGlobe Aviation were among the top laggards on the Nifty 50. In contrast, gains were led by ONGC, Coal India, Nestle, Adani Enterprises, and Reliance Industries. Among sectors, PSU Bank index declined 2%, while the Private Bank and Auto indices fell 1% each. The IT index dropped 0.7% and Realty index down 0.4%. On the upside, the Energy index gained 1.2%, the Oil & Gas index rose 1.5%, and the Metal index advanced 0.5%.
Rupee at Close
28th April, 2026
Indian rupee ended 35 paise lower at 94.54 per dollar on Tuesday versus Monday’s close of 94.19.
Source : moneycontrol
FII’s & DII’s Activity on 28th April, 2026
Net value in crores
| BUY | SELL | |
| DII | 1,712.01 | |
| FII | 2,103.74 |
News
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NOTE: *** The above information is based on the source and just for educational purposes only. Please consult your financial advisor before buying any stocks. Thank You ***
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