Weekly market update, Apr 30, 2026

Indian equity markets ended the week higher despite mixed cues from global peers and rising concerns over elevated energy prices. Key benchmark indices BSE SENSEX and Nifty 50 gained 0.32% and 0.42% respectively. For the month, Indian equity benchmarks registered their best monthly rally in nearly two years as the investors shrugged off concerns escalating from the US-Iran conflict. The NSE Nifty 50 and the BSE Sensex rose over 7.4% each in April marking their biggest monthly gain since December 2023. The broader markets excelled, with BSE 150 Midcap and BSE 250 Smallcap rising by 0.32% and 1.97% respectively. On the BSE sectoral front, it was mixed. IT was the major gainer, up 2.74% followed by healthcare, up 2.29% and auto, up 0.86%. Bankex was the major loser, down 2.35%.

Looking ahead, In the coming week, markets are likely to remain volatile and heavily news driven. Key attention will remain on the evolving US–Iran dynamic—particularly whether the ceasefire holds, the progress of upcoming diplomatic talks, and any developments related to the Strait of Hormuz. Besides that, broader global cues, rupee movement, FII flow trends and Q4FY26 results will also play a pivotal role in shaping market direction.

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