Post Market 1 April 2026: Sensex Jumps 1,187 Points, Nifty Above 22,600; Banking, Auto, Defence Led

Indian equity markets rebounded on Wednesday, 1 April 2026, after the recent decline. Buying stayed steady through the session, and the indices closed near the day’s highs.

Following a period of selling pressure, investors returned to equities, marking a positive start to the new fiscal quarter.

Closing Bell

The BSE Sensex reached 73,134.32 after rising 1,186.77 points. The Nifty 50 closed at 22,679.40, up 348 points.

Broader Market Overview

Banking and financial stocks led the rebound after recent selling. Shares of HDFC Bank, ICICI Bank, State Bank of India and Axis Bank saw fresh buying interest, which helped lift the indices.

Sector-wise, most indices ended in the green, except pharma:

• Defence index rose more than 5%

• Capital goods, media and PSU banks gained around 3% each

• Auto, IT, metals, realty, FMCG and telecom sectors moved up 1–2%

• Pharma was the only sector that closed lower, slipping about 1%.

In the broader market, the Nifty Midcap 100 index advanced 2.22%, while the Nifty Smallcap 100 index gained 3.33%. The gains suggest that participation was not limited to large-cap stocks.

Top Movers & Losers Today

Top gainers today included:

• Interglobe Aviation shares rose 6.07%

• Bharat Electronics shares gained 4.83%

• Trent shares were up 6.86%

• Other notable gainers were Adani Ports and Adani Enterprises.

On the losing side:

• Apollo Hospitals shares declined 1.54%

• HDFC Life shares slipped 3.12%

Other laggards included Dr Reddy’s Laboratories, Cipla, NTPC and Sun Pharma.

What Drove The Rally?

The day’s move was supported by a mix of global and domestic factors.

Global markets provided early support. US indices had rallied overnight, with the S&P 500 rising 2.5%, the Dow Jones gaining 2.9%, and the Nasdaq advancing 3.8%. The move followed signs of easing geopolitical tensions after the US indicated a possible withdrawal from Iran within a few weeks.

In India, markets had corrected sharply in the final sessions of March. Selling linked to tax harvesting had weighed on prices, particularly in the broader market. Once that pressure eased, stocks that had seen steep declines attracted buying interest.

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Closing Note

The first session of the new financial year ended with strong gains across the board. Improved global cues and less selling pressure contributed to the rally, which followed a period of adjustment.

Market participation remained broad, with gains visible across sectors and market segments. Whether this momentum continues will be determined by the upcoming sessions.

Sources:

NDTV

India Today

Moneycontrol