Stock Market Live Updates: GIFT Nifty is signalling a positive start for equity benchmarks Nifty50 and BSE Sensex. All eyes are on the meeting between Donald Trump and Xi Jinping to see what course the US-Iran conflict takes. Persistently high Brent crude prices and continued weakness in the rupee are keeping sentiment cautious, with investors closely tracking these risks. Market experts also believe sustained foreign institutional investor (FII) outflows could restrict any major upside, even as the final phase of the Q4FY26 earnings season and select policy-related triggers continue to support specific sectors and stocks. Track TOI's live coverage on Sensex, Nifty, top gainers and losers, and what stock market experts have to say.
Nifty Today Live: Bajaj Broking Bank Nifty Outlook
CMP: 53,450. The index formed a high wave candlestick pattern with a lower high and a lower low, signaling extension of the decline and continuation of the downtrend for the fourth session in a row. Bank Nifty on Tuesday's session breached the lower band of the last three weeks consolidation range of 54,200-56,500. Bias continues to remain down below Tuesday's breakdown area of 54,400, and a follow-through weakness will open further downside towards 52,700-52,400 levels, being the confluence of the lower band of the 8th April gap area and the 61.8% retracement of the previous pullback (49,955-57,456). Bank Nifty intraday levels: Resistance at 53,780 and 54,100; Support at 53,050 and 52,700.
Sensex Today Live: Stock Market Round-Up of Wednesday
Benchmark stock indices Sensex and Nifty closed slightly in the green on Wednesday, ending a four-session losing run, supported by value buying in metal, energy, and consumer-focused shares amid broadly positive global market cues. Still, gains remained limited as the rupee slid to a fresh record low, while persistent foreign institutional outflows, elevated crude oil prices, and ongoing geopolitical tensions continued to weigh on investor sentiment, according to traders. The BSE Sensex, comprising 30 shares, advanced 49.74 points or 0.07% to finish at 74,608.98. During the trading session, the index swung sharply within a range of 1,057.09 points, touching an intraday high of 75,191.57 and a low of 74,134.48. Meanwhile, the NSE Nifty 50 index ended 33.05 points, or 0.14%, higher at 23,412.60.
Stock Market Live Today: Rupee Closed at Record Low on Wednesday
The rupee touched a fresh lifetime low of 95.80 against the US dollar on Wednesday before ending the session at 95.66, close to its weakest-ever closing mark, as persistent pressure from high crude oil prices and geopolitical tensions in West Asia outweighed optimism surrounding lower dollar demand following import restrictions. Currency market participants said expectations of intervention by the Reserve Bank of India, along with reduced gold import demand due to higher duties, helped limit sharper losses in the USD/INR pair. However, continued uncertainty in West Asia and the upward movement in oil prices kept the domestic currency under pressure. Traders noted that the rupee has emerged as Asia's weakest-performing currency so far this year, declining more than 6%, amid elevated crude prices, dollar strength, and concerns linked to the ongoing West Asia conflict that have hurt investor sentiment. In the interbank foreign exchange market, the rupee opened at 95.52, recovering 16 paise from its previous record-closing low. During a highly volatile trading session, the currency moved between an intraday high of 95.51 and a low of 95.80 against the US dollar before ending at 95.66, marginally stronger by 2 paise compared with the previous close.
Sensex Today Live: Markets Likely to Trade in Broad Range
According to Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, Indian equities are expected to trade in a broader range in the near term, as elevated Brent crude prices and a weakening rupee continue to create a fragile environment for domestic markets and remain among the key concerns for investors. Sustained FII outflows are likely to cap directional upside, even as the final leg of the Q4FY26 earnings season and selective policy tailwinds provide stock- and sector-specific support. Defence stocks are expected to remain in focus, with the Nifty Defence Index surging 2.1%, driven by a convergence of strong Q4FY26 earnings, an acceleration in domestic order inflows, and investor positioning ahead of PM Modi's five-nation visit to the UAE, Netherlands, Sweden, Norway, and Italy from May 15 to 20, which is being closely tracked for potential bilateral defence cooperation announcements and energy security agreements. Metal stocks are also witnessing strong momentum, with the Nifty Metal Index rallying approximately 3.2%. The upmove was driven by a sharp surge in global base metal prices, particularly copper, which hit a record high above $14,000 per tonne on LME. Zinc and aluminium prices also moved higher, lifting stocks such as Hindustan Zinc, which gained nearly 5%. Additionally, gold and silver prices rallied sharply after the government raised import duties on precious metals to 15% from 6%, further supporting metal counters.
Nifty Today Live: Bajaj Broking Nifty Outlook
The index formed a high wave candlestick pattern with a lower high and a lower low, signaling consolidation after the last three sessions' sharp decline. Nifty started the session on a weak note and formed an intraday low of 23,262 in the opening trade. However, a pullback during the session saw the index forming an intraday high of 23,582 in the midsession. A sharp decline in the last hour saw the index give up most of its intraday gains and close the session marginally higher by 0.2%. The index needs to start forming higher highs and higher lows on a sustained basis in the daily chart and move above the recent breakdown area of 23,800 to signal a pause in the recent corrective trend. Nifty has immediate support at 23,000-23,200 levels, being the confluence of the lower band of the 8th April gap area and the 61.8% retracement of the previous pullback (22,182-24,601). Intraday levels for Nifty: Resistance at 23,540 and 23,680; Support at 23,260 and 23,130.
Stock Market Live Updates: Crude oil prices moved up slightly on Thursday as investors awaited talks between US President Donald Trump and Chinese President Xi Jinping, while developments related to the Iran conflict continued to remain in focus. Asian equities traded mostly higher after a rally in US technology stocks pushed Wall Street to record levels, overshadowing concerns over inflation and expectations of possible US rate hikes next year. Wall Street ended in positive territory on Wednesday, with gains in artificial intelligence-linked technology stocks lifting the S&P 500 and Nasdaq. Investors largely overlooked hotter-than-expected inflation figures and rising expectations that the US Federal Reserve could maintain a tight monetary policy stance for an extended period.
