Weekly market update, Apr 24, 2026

The Indian equity markets paused after two straight weeks of robust gains as uncertainty over the US-Iran ceasefire and poor IT earnings and guidance weighed on sentiment. As a result, The NSE Nifty 50 and the BSE Sensex recorded decline of 1.87% and 2.33% during the week. The broader market indices BSE 150 Midcap and BSE 250 Smallcap declined by 0.59% and 0.21%, respectively. On the BSE sectoral front, it was mixed. FMCG was the major gainer, up 2.07% followed by Healthcare, up 0.30%. IT was the major loser, down 9.93%, followed by Auto, down 3.02% and Metal, down 1.15%.

Looking ahead, In the coming week, markets are expected to remain highly news-driven and volatile, with key focus on developments in U.S.–Iran negotiations, trends in crude oil prices, and broader global cues. Overall, while there is potential for recovery on positive triggers, the sustainability of any up move will depend on geopolitical de-escalation, moderation in crude oil prices, and sustained buying interest. The ongoing Q4 earnings season is expected to act as a key catalyst for stock-specific price action, with market participants closely tracking reported numbers, forward guidance, and sectoral outlooks to reassess earnings visibility and valuation comfort across segments. On global front, The Federal Open Market Committee (FOMC) is set to meet on April 28–29, The US Federal Reserve’s policy decision will be a key event, providing cues on interest rate trajectory and liquidity conditions.

Please click here to read the detailed report: https://lnkd.in/gPRK32wR