SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Nifty ends lower amid rising crude oil prices

28 Apr 2026 Evaluate

Indian equity benchmark -- Nifty ended lower on Tuesday amid uncertainty over US-Iran peace deal and rising crude oil prices. Index made a negative start following mixed cues from other Asian markets. But soon, index staged recovery and added some gain as traders took support with Commerce and Industry Minister Piyush Goyal’s statement that the free trade agreement with New Zealand is the seventh such pact signed under his tenure in the past three-and-a-half years and two more agreements with the European Union and the US are expected in the coming months. However, in late morning session, index wiped out all gain and re-entered into red terrain. Market witnessed hectic selling in banking stocks after RBI’s Expected Credit Loss (ECL) norms weighted on market sentiments. As per new ECL norms, the banks must estimate and set aside funds for potential loan loss before it actually occurs. These norms could temporarily impact the banks profit margins. Further, some cautiousness came with persistent foreign fund outflow. As per exchange data, foreign institutional investors offloaded equities worth Rs 1,151.48 crore on April 27, 2026. Meanwhile, traders avoided risky bids ahead of monthly F&O expiry. Afterwards, Nifty continued its weak trade till the end of the session. 

Most of the sectorial indices ended in red except Oil & Gas, Chemicals and Metal stocks. The top gainers from the F&O segment were Oil & Natural Gas Corporation, Oil India and Adani Enterprises. On the other hand, the top losers were SBI Cards and Payment Services, Union Bank of India and Zydus Lifesciences. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 22900 - 23100 puts indicating this is the trading range expectation.


About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×