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Sensex, Nifty 50 | Stock Market LIVE: The Indian stock market is expected to open higher on Monday, following upbeat global market cues, amid signs of easing US-Iran tensions in the Middle East. However, volatility is expected to remain high as investors watch out for the assembly election results of four states and one Union Territory.
The trends on Gift Nifty also indicate a positive start for the Indian benchmark indices, Nifty 50 and Sensex today. The Gift Nifty was trading around 24,252 level, a premium of nearly 154 points from the Nifty futures’ previous close.
Globally, Asian markets traded higher, while the US stock market ended mixed, with the S&P 500 and the Nasdaq posting record closing highs.
Sentiment improved after US President Donald Trump announced to begin a new operation called “Project Freedom” to help foreign commercial ships navigate safely through the Strait of Hormuz.
Gold prices fell amid inflation worries that clouded the US monetary policy outlook. Spot gold price declined 0.3% to $4,599.45 per ounce, while US gold futures for June delivery fell 0.7% to $4,611.40. Spot silver price rose 0.1% to $75.38 per ounce.
Crude oil prices declined after US would begin an effort to free up ships stranded in the Strait of Hormuz. Brent crude oil futures fell 0.41% to $107.73 a barrel, while US West Texas Intermediate was at $101.24 a barrel, down 0.69%.
Stay tuned to this segment for live updates on the Indian stock market today.
Jigar Patel recommends buying the following three stocks for the next 1-2 weeks:
Jio Financial Services | Buying range: ₹248 to ₹243 | Target price: ₹275 | Stop loss: ₹230
Hero MotoCorp | Buying range: ₹5,140 and ₹5,050 | Target price: ₹5,450 | Stop loss: ₹4,900
Castrol India | Buying range: ₹186 and ₹180 | Target price: ₹214 | Stop loss: ₹166
Around 45 companies will declare their March quarter results on Monday, 4 May 2026. Bharat Heavy Electricals (BHEL), Ambuja Cements, Aditya Birla Capital, Jindal Stainless, Ather Energy, Manappuram Finance, Tata Technologies, and Tata Chemicals are among the marquee companies to declare their Q4 results today.
Vodafone Idea, BHEL, Adani Enterprises, CDSL, Ambuja Cements, Tata Technologies, Ather Energy, Kotak Mahindra Bank, and Avenue Supermarts, are among key stocks to watch today.
Amid ongoing tensions in US-Iran war uncertainty, Sumeet Bagadia recommends five stocks to buy today: Pondy Oxides and Chemicals, Bliss GVS Pharma, SJS Enterprises, Bharat Seats, and Rategain Travel Technologies.
1] Pondy Oxides and Chemicals: Buy at ₹1,382, Target ₹1,515, Stop Loss ₹1,300
2] Bliss GVS Pharma: Buy at ₹276.5, Target ₹300, Stop Loss ₹265
3] SJS Enterprises: Buy at ₹1,808.5, Target ₹1,950, Stop Loss ₹1,705
4] Bharat Seats: Buy at ₹187.25, Target ₹205, Stop Loss ₹175
5] Rategain Travel Technologies: Buy at ₹602.6, Target ₹660, Stop Loss ₹575
Vaishali Parekh recommended these three buy-or-sell stocks: Thirumalai Chemicals, CESC, and Bharat Dynamics.
1] Thirumalai Chemicals: Buy at ₹200, Target ₹210, Stop Loss ₹197
2] CESC: Buy at ₹185, Target ₹195, Stop Loss ₹180
3] Bharat Dynamics: Buy at ₹1,364, Target ₹1,390, Stop Loss ₹1,346
Nifty 50 formed a doji candle with shadows in either direction, highlighting intraday volatility as the index continues to consolidate around the 20 days EMA. For the week, Nifty 50 gained 0.42%.
Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse Ltd. noted that the Nifty 50 found strong support at its 21-DMA, placed around 23,800, and as long as it holds above this level, the pullback is likely to continue.
“The immediate resistance is seen at the 50-DMA near 24,140; a decisive breakout above this could pave the way for an upside move towards 24,500. On the downside, a breach below 23,800 may drag Nifty 50 towards 23,500 levels,” said Jain.
Asian markets traded higher amid signs of patchy progress in settling the US-Iran war. Markets in Japan and China are closed for a holiday. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.6%. Japanese Nikkei futures were up modestly. South Korea’s Kospi jumped 2.53%, while the Kosdaq rallied 2.26%. Hong Kong’s Hang Seng index futures indicated a higher opening.
The Indian stock market is expected to open higher on Monday, following upbeat global market cues, amid signs of easing US-Iran tensions in the Middle East. However, volatility is expected to remain high as investors watch out for the assembly election results of four states and one Union Territory.
Ankit Gohel is the Deputy Chief Content Producer at Livemint, specialising in financial markets, macroeconomics, and regulatory developments. With a strong focus on equity markets, primary issuances, and policy-driven market movements, he brings clarity to complex financial developments for investors and market participants. <br><br> With nine years of experience in business and financial journalism, Ankit’s approach is rooted in the belief that market reporting should go beyond headlines — connecting data, policy, and ground realities to deliver actionable insights. His work consistently bridges the gap between institutional analysis and investor understanding. <br><br> Ankit has spent three years at Livemint, where he currently helps drive market coverage, editorial strategy, and high-impact financial stories. Prior to this, he worked with leading business news networks such as CNBC-TV18, ET Now, TickerPlant News Service where he built deep expertise in stock market analysis, macroeconomic trends, primary markets, and coverage of key regulators including the RBI and SEBI. <br><br> Over the years, he has covered market cycles across bull and bear phases, IPO booms, liquidity shocks, and major policy shifts that reshaped investor sentiment. He has interviewed fund managers, corporate leaders, and policymakers, translating their perspectives into sharp, data-backed narratives. Ankit combines speed with accuracy — ensuring timely, credible, and insight-driven financial journalism that empowers both retail and institutional audiences.
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