Sensex Recovers After Three-Day Fall

2026-04-27 04:44 By Jereli Escobar 1 min. read

India’s BSE Sensex rose about 0.8% to 77,305 on Monday, snapping a three-day losing streak, as traders engaged in bargain hunting and tracked gains across other Asian markets, though higher crude prices capped further upside.

Sun Pharmaceutical Industries gained about 7.3% after reporting a jump in quarterly profit, supported by solid loan growth and plans to acquire US-listed drugmaker Organon.

Other notable gainers included Cohance (+20%), and Tanla Platforms (+11.1%).

On the flip side, RBL Bank fell 2.8% despite reporting higher quarterly profit on strong loan growth, while Axis Bank declined 3.4% after the lender reported a marginal drop in Q4 profit.

Other key laggards included One 97 (-3.7%), and Shriram (-4.1%).

Meanwhile, heavyweights IT services companies such as Infosys, HCL Tech, and Tata Consultancy Services remain in a prolonged slump, with around $115 billion wiped out over roughly four months amid weak earnings, a global economic slowdown, and AI disruption concerns.



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Sensex Closes on Positive Note
India’s BSE Sensex closed about 0.8% firmer at 77,604 on Monday, halting a three-day losing streak, driven by bargain buying and global positive sentiment, despite higher oil prices. The developments in the Middle East remained in focus. While President Trump called off an envoy trip to Islamabad for Iran talks, Iran reportedly proposed reopening the Strait of Hormuz and deferring nuclear negotiations amid efforts to pause hostilities. Gains in sectors such as pharmaceuticals, information technology, automobiles and banking provided the main support. Sun Pharma was the top performer, surging 7%, after the company announced a major acquisition of US-listed Organon in an all-cash deal that values the US company at $11.75 billion. Other notable gainers included Reliance (2.9%), Adani Ports (2.7%), Tech Mahindra (2.6%), M&M (2.1%), NTPC (2.1%), HCLTech (2.1%) and TCS (2.1%). Conversely, Axis Bank declined 3.1% after the lender reported a marginal drop in Q4 profit.
2026-04-27
The SENSEX Index Closes 0.92% Higher
The SENSEX Index went up by 702 points or 0.92 percent on Monday to close at 77366 points. The rise was led by Sun Pharmaceuticals (6.89%), Indusind Bank (6.37%) and Reliance Industries (3.22%). On the downside, the weakerst performers were Axis Bank (-2.97%), ICICI Bank (-0.72%) and Nestle India (-0.68%).
2026-04-27
Sensex Recovers After Three-Day Fall
India’s BSE Sensex rose about 0.8% to 77,305 on Monday, snapping a three-day losing streak, as traders engaged in bargain hunting and tracked gains across other Asian markets, though higher crude prices capped further upside. Sun Pharmaceutical Industries gained about 7.3% after reporting a jump in quarterly profit, supported by solid loan growth and plans to acquire US-listed drugmaker Organon. Other notable gainers included Cohance (+20%), and Tanla Platforms (+11.1%). On the flip side, RBL Bank fell 2.8% despite reporting higher quarterly profit on strong loan growth, while Axis Bank declined 3.4% after the lender reported a marginal drop in Q4 profit. Other key laggards included One 97 (-3.7%), and Shriram (-4.1%). Meanwhile, heavyweights IT services companies such as Infosys, HCL Tech, and Tata Consultancy Services remain in a prolonged slump, with around $115 billion wiped out over roughly four months amid weak earnings, a global economic slowdown, and AI disruption concerns.
2026-04-27