Post-Market, 27 April 2026: Markets End Higher After Recent Weakness

After a weak stretch through last week, markets ended higher today. There was buying visible across sectors, and the tone looked better compared to recent days.

Gains held up through the day, pointing to some improvement in sentiment.

Closing Bell

Sensex gained about 639 points to close at 77,303.63. Nifty 50 went up 194.75 points to settle at 24,092.70.

Broader Markets

Broader markets outperformed the benchmarks. The Nifty Midcap index rose around 1.5%, while the Smallcap index gained about 1.8%.

The strength was visible across sectors as well, with healthcare, IT, realty, media, pharma and power indices rising around 2% each.

Q4 Result Updates

Despite the broader market movement, earnings season continues to drive stock-specific action. Here are some of the key Q4 updates:

• India Cements: Net profit up 141% YoY at ₹59.5 crore vs ₹24.6 crore; Revenue up 2.6% YoY at ₹1,228.6 crore vs ₹1,197.6 crore.

• Varun Beverages: Net profit up 20% YoY at ₹872.3 crore vs ₹726.4 crore; revenue up 18.3% YoY at ₹6,721 crore vs ₹5,680 crore.

• Supreme Industries: Net profit up 47.5% YoY at ₹433.6 crore; revenue up 16.5% YoY at ₹3,527.6 crore vs ₹3,027 crore.

• Tamilnad Mercantile Bank: Net profit up 28% YoY at ₹374 crore vs ₹292 crore; net interest income up 24% YoY at ₹704.4 crore vs ₹568 crore.

• Kirloskar Pneumatic: Net profit up 79% YoY at ₹143.8 crore vs ₹80 crore; revenue up 20.3% YoY at ₹711.8 crore vs ₹591.6 crore.

• UltraTech Cement: Net profit up 21.2% YoY at ₹3,000 crore vs ₹2,474.8 crore; revenue up 11.9% YoY at ₹25,799.5 crore vs ₹23,063.3 crore.

• SBI Cards: Net profit up 14% YoY at ₹609.3 crore vs ₹534.2 crore; revenue up 6% YoY at ₹4,934.5 crore vs ₹4,674 crore.

What Moved The Markets Today?

Markets have ended higher today. There is a clear shift from the weakness seen over the past few sessions. Buying picked up throughout the day, and the tone looked better overall.

On the geopolitical front, there was some relief. Reports suggest that Iran, through mediation involving Pakistan, has proposed steps to reopen the Strait of Hormuz. They are also working towards easing hostilities. It is still early, and nuclear talks may come later, but even this phased approach seems to have helped sentiment.

Global cues were supportive as well. Asian markets moved higher. Emerging markets touched record levels, reflecting a pickup in risk appetite.

Back home, the rupee saw a slight recovery, opening at ₹94.23 and ending at ₹94.19 against the US dollar. The move has been marginal. But after the recent weakness, it does suggest some stability.

Flows remain a concern, though. FIIs were net sellers again in the previous session, with outflows of over ₹8,800 crore. The key now is whether this trend starts to reverse.

Volatility has eased a bit. India VIX is around the 18.3 mark, still below 20, suggesting caution is there, but not excessive.

Commodities Watch: Gold And Silver

Despite the overall improvement in markets, gold and silver remained under pressure through the session.

Gold opened at ₹1,52,699 per 10 grams on MCX and gradually moved lower. By around 15:27 IST, it was trading at ₹1,52,100, down ₹599, or about 0.39%.

Silver also saw a decline. It opened at ₹2,44,636 per kg and slipped to ₹2,42,948 by around 15:28 IST, down ₹1,688, or roughly 0.69%.

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What Should Investors Watch Next?

Markets are currently being guided by developments around the Iran proposal to reopen the Strait of Hormuz. The next few sessions will depend on how this progresses.

More clarity could support sentiment further. But any delays there may bring some volatility back.

At the same time, it will be important to see if flows improve, as that will be needed for the recovery to hold.

Sources:

Moneycontrol

Livemint