- By Aditya Pratap Singh
- Mon, 20 Apr 2026 10:02 AM (IST)
- Source:JND
The domestic equity market witnessed high volatility in early trade on Monday amid cautious sentiment and confusion around US-Iran peace talks. BSE Sensex and NSE's Nifty rose in early trade, conflicting developments in West Asia and rising crude oil prices made investors cautious.
The 30-share index climbed 236.64 points to 78,730.18 in early trade. The 50-share NSE Nifty rose 66.65 points to 24,420.20. However, later the BSE benchmark traded 27.41 points lower at 78,504.91, and the Nifty quoted 11.80 points down at 24,342.40.
To Gainers and Losers
In early trade, Trent, State Bank of India, Asian Paints, ICICI Bank, Adani Ports, and Axis Bank were the top gainers from the Sensex basket.
HDFC Bank, Eternal, Indigo and Infosys traded lower.
"Indian equity markets opened on a cautiously flat note, reflecting a pause after the recent recovery phase. The indices are currently at a crucial juncture, with key resistance levels nearby and overall market conviction still evolving," said Ponmudi R, CEO of Enrich Money.
"Global markets remain volatile and highly sensitive, with equities reacting to ongoing geopolitical uncertainty and fluctuations in crude oil prices. While some regions have shown resilience, the broader sentiment remains cautious, resulting in mixed global cues," he added.
"Indian equity markets opened on a cautiously flat note, reflecting a pause after the recent recovery phase. The indices are currently at a crucial juncture, with key resistance levels nearby and overall market conviction still evolving," said Ponmudi R, CEO of Enrich Money.
"Global markets remain volatile and highly sensitive, with equities reacting to ongoing geopolitical uncertainty and fluctuations in crude oil prices. While some regions have shown resilience, the broader sentiment remains cautious, resulting in mixed global cues," he added.
Meanwhile, Indian currency--The rupee--traded higher in early trade, appreciating 13 paise to 92.78 against the US dollar following a sharp drop in crude oil prices amid hopes of easing geopolitical tension and the impact of the Reserve Bank's measures.