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Nifty ends higher on Monday amid ease in geopolitical jitters

27 Apr 2026 Evaluate

Snaping three-day losing streak, Indian equity benchmark -- Nifty ended higher on Monday amid ease in geopolitical tensions after Iran sends a new proposal to US, offers deal to reopen the Strait of Hormuz and end the war. Index made a positive start following positive cues from other Asian markets. Soon, index extended its gains and traded higher throughout the session as sentiment were upbeat with strong earnings by Sun Pharma, RIL and other top Nifty companies. Further, some support also came in as the Commerce and Industry Ministry stated that three-day trade talks between Indian and US officials concluded on April 23, 2026 with both sides agreeing to remain engaged to sustain the momentum. During the discussions, the two sides covered several areas, including market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment, and digital trade. Finally, Nifty ended near 24,100 mark.

All sectorial indices ended in green. The top gainers from the F&O segment were Hindustan Zinc, Sun Pharmaceutical Industries and IndusInd Bank. On the other hand, the top losers were Shriram Finance, Axis Bank and RBL Bank. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 23900 - 24100 puts indicating this is the trading range expectation.

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