Technically, the Nifty continues to face a big resistance band between 24,300 and 24,400.
Markets are holding modest gains at noon on Friday, with the Sensex buying and selling at 78,213.90, up 225.22 factors or 0.29 per cent, and the Nifty 50 at 24,262.35, larger by 65.60 factors or 0.27 per cent, as of 12.52 pm. The indices have recovered from a weak morning open, with shopping for in client staples and healthcare offsetting continued strain in expertise and monetary shares.
Gainers and losers
Hindustan Unilever is the standout gainer on the day, rising 4.48 per cent to ₹2,235.00 from its earlier shut of ₹2,139.10, on quantity of 33.76 lakh shares price ₹75,000.28 lakhs — among the many highest traded values within the session. Nestle India superior 2.23 per cent to ₹1,285.50 towards a earlier shut of ₹1,257.40, on quantity of 13.81 lakh shares. Apollo Hospitals gained 1.83 per cent to ₹7,691.00 from ₹7,553.00. Power Grid Corporation added 1.68 per cent to ₹317.50 from ₹312.25, with over 65.79 lakh shares altering palms. Tech Mahindra, which was among the many early session’s laggards, has trimmed some losses and is now up 1.40 per cent at ₹1,511.80 towards its earlier shut of ₹1,491.00.
On the shedding aspect, HDFC Life stays below strain, down 2.70 per cent to ₹614.45 from its earlier shut of ₹631.50, on quantity of 53.16 lakh shares price ₹32,524.54 lakhs. Wipro, which has been the session’s central focus following its This fall earnings, continues to commerce decrease at ₹204.62, down 2.68 per cent from ₹210.26, on terribly heavy quantity of 5.45 crore shares price ₹1,11,594.06 lakhs — the best traded worth within the broader session by a big margin. L&T is down 1.11 per cent to ₹4,074.20 from ₹4,119.80. HCL Technologies has shed 1.02 per cent to ₹1,435.40 from ₹1,450.20, and Hindalco is off 1.00 per cent to ₹1,029.55 from ₹1,039.90.
Market breadth on BSE is tilted in favour of advances, with 2,768 shares gaining towards 1,361 declining and 199 unchanged, out of 4,328 shares traded. A complete of 157 shares hit 52-week highs, whereas 18 touched 52-week lows. There are 230 shares within the higher circuit and 104 within the decrease circuit.
Peace hopes help sentiment
The session’s tone has been formed by easing geopolitical considerations, significantly round US-Iran diplomatic engagement, which has moderated crude oil costs and tempered near-term inflation worries. Ponmudi R, CEO of Enrich Money, famous that whereas these developments have offered some help, uncertainty over the sustainability of any ceasefire is maintaining buyers from making aggressive bets. FII exercise stays intermittent, with forex threat and the present account deficit persevering with to weigh on institutional urge for food.
Technically, the Nifty continues to face a big resistance band between 24,300 and 24,400. The index has traded broadly consistent with Thursday’s worth motion, and analysts are watching whether or not afternoon commerce can produce a sustained transfer above that zone. The 24,000 mark stays the important thing psychological help beneath, with a stronger demand base close to 23,800. Until a transparent directional breakout emerges, markets are anticipated to stay range-bound and news-sensitive by means of the second half of the session.
In commodities, MCX Gold is buying and selling above ₹1,53,000 with shopping for curiosity at decrease ranges, whereas MCX Crude is holding above the ₹8,600 help stage. The rupee is consolidating close to ₹92.8 to the greenback. Equity markets will stay open till 3:30 pm, with the afternoon session more likely to be intently watched for any shift in institutional flows or world triggers that might decide the closing tone.
Published on April 17, 2026