Pre-Market 30 April 2026: What To Expect After Nifty At 24,177, Sensex Rose 0.79%

After closing the previous session higher, Indian equity markets move into Thursday. The Sensex rose 0.79% to close at 77,496.36, while the Nifty 50 gained 0.76% to settle at 24,177.65 on 29 April 2026.

What Happened In Wednesday’s Session?

Markets opened strong and held gains through most of the day on Wednesday.

The Nifty started over 100 points higher and moved up to an intraday high of 24,337. It briefly crossed its 50-day moving average during the session but could not hold those levels by the close. Even so, the index stayed above the 24,150 support zone.

Gains were driven by stock-specific action during the earnings season. Realty shares and FMCG stocks led the move. Most sectoral indices ended in the green, except media, PSU banks, and consumer durables.

Midcaps continued to be under pressure in broader markets, with the Nifty Smallcap 100 rising 0.65% and the Nifty Midcap 100 down 0.07%.

Global Cues After Market Hours

Global markets showed weakness after Indian trading hours.

In the US, indices were lower. The Dow Jones Industrial Average fell 280.12 points, or 0.57%, to 48,861.81. The S&P 500 declined 2.82 points, or 0.04%, to 7,135.98, while the Nasdaq Composite slipped 9.44 points, or 0.4%, to 24,673.24.

Investors stayed cautious ahead of major tech earnings. Jerome Powell’s final press conference as the head of the U.S. central bank will also be closely tracked. Geopolitical developments around the US–Iran situation also remained in focus, adding to uncertainty.

Asian markets were mixed. Japan’s Nikkei fell 626.54 points, or 1.05%, to 59,290.92, while Hong Kong’s Hang Seng rose 432.06 points, or 1.68%, to 26,111.84.

European markets were weak. The FTSE 100 declined 119.68 points, or 1.16%, to 10,213.11, while the CAC 40 fell 31.96 points, or 0.39%, to 8,072.13.

GIFT Nifty Update

GIFT Nifty was around 24,162.50, down 93.50 points (0.39%) as of 29 April 2026, 21:04 IST.

The decline suggests a slightly weak start for domestic markets.

Technical Levels To Watch

The Nifty is now trading near key levels.

• Immediate support is placed near 24,000

• A break below this could drag the index towards 23,800

• On the upside, resistance is seen in the 24,400–24,500 zone

• A move above 24,300–24,350 may open room towards 24,600

As long as key support levels hold, dips may continue to attract buying interest.

Also Read - Post Market, 29 April 2026

What Should Investors Expect Today?

The session may start on a slightly weak note, in line with global cues.

Ongoing Q4 earnings announcements will remain in focus, with possible stock-specific actions. Global developments and central bank signals are also on investors’ radar.

Back home, exit polls from the ongoing state elections could add to market moves.

Sources:

CNBC TV18

Reuters