Indices erase all gains in late morning deals
Asian markets were trading mostly in red
Domestic equity indices erased all gains and were trading in red in late morning deals on account of selling in Eternal, Axis Bank, HCL Technologies, Ultratech Cement and Interglobe Aviation companies’ stocks. Rising crude oil prices weighed on the domestic sentiments. Further, depreciation in Indian rupee against dollar also weighed down sentiments. Rupee weakened by 35 paise to 94.50 against the dollar on account of increased demand for the American currency from importers and banks. Besides, sentiments remained weak as foreign investors (FIIs/FPIs) net sold Rs 1,151 crore worth of Indian equities on April 27, 2026. On the BSE sectoral front, traders were seen piling up positions in Telecom, Energy, Metal, Oil & Gas and Basic Materials, while selling was witnessed in Bankex, IT, Consumer Disc, Realty and Auto.
On the global front, Asian markets were trading mostly in red as investors weighed developments in U.S.-Iran negotiations. Back home, in the stock specific development, Railtel Corporation Of India rose as the company received the Letter of Acceptance (LoA) worth Rs 145.47 crore (including tax) from Eastern Coalfields (ECL).
The BSE Sensex is currently trading at 77062.15, down by 241.48 points or 0.31% after trading in a range of 76973.54 and 77493.53. There were 10 stocks advancing against 20 stocks declining on the index.
The top gaining sectoral indices on the BSE were Telecom up by 1.47%, Energy up by 1.14%, Metal up by 1.01%, Oil & Gas up by 0.79% and Basic Materials up by 0.53%, while Bankex down by 1.00%, IT down by 0.55%, Consumer Disc down by 0.42%, Realty down by 0.35% and Auto down by 0.33% were the top losing indices on BSE.
The top gainers on the Sensex were Tata Steel up by 1.41%, Sun Pharma up by 1.25%, Bharti Airtel up by 1.01%, Kotak Mahindra Bank up by 0.82% and TCS up by 0.72%. On the flip side, Eternal down by 3.40%, Axis Bank down by 2.25%, HCL Technologies down by 1.77%, Ultratech Cement down by 1.74% and Interglobe Aviation down by 1.57% were the top losers.
Meanwhile, NITI Aayog in its report titled 'DPI@2047 for Viksit Bharat-A Strategic Roadmap to Enable Non-linear Inclusive Socio-economic Growth’ has said that India’s digital public infrastructure (DPI) initiatives are projected to contribute 4% of the Gross Domestic Product (GDP) by 2030, up from the current 1%. It said that India is at a ‘once-in-a-generation inflection point’.
The report recommends DPI 2.0 to be executed through decentralised state led initiatives with Government of India and NITI Aayog play the role of catalysts. It also recommends 2-year iterative cycles, with each cycle focusing on a specific set of sectoral transformations. Year 1 of each cycle will focus on working with few champion States/UTs on lighthouse pilot implementations for selected transformations to figure out exemplar pathways and demonstrate impact. Year 2 can focus on building ecosystem capacity and scaling the adoption of exemplar pathways figured out in year 1 across states. It noted that engagement of global partners as collaborators in state-led transformations as per 2026-27 plan will be important to figure out a structured global engagement model.
Outgoing NITI Aayog Vice Chairman Suman Bery emphasized that India's aspiration to realise a Viksit Bharat by 2047 necessitates development pathways that are at once inclusive, scalable, and capable of delivering broad-based gains in productivity across the economy. He said over the past decade, DPI has demonstrated the transformative potential of shared digital foundations in expanding access, enhancing service delivery, deepening inclusion, and catalysing innovation at a population scale.
The CNX Nifty is currently trading at 24058.00, down by 34.70 points or 0.14% after trading in a range of 23999.25 and 24181.80. There were 21 stocks advancing against 29 stocks declining on the index.
The top gainers on Nifty were Coal India up by 3.78%, ONGC up by 3.38%, Adani Enterprises up by 2.26%, Tata Steel up by 1.52% and Grasim Industries up by 1.50%. On the flip side, Eternal down by 3.37%, Axis Bank down by 2.24%, HCL Technologies down by 1.73%, Ultratech Cement down by 1.70% and Interglobe Aviation down by 1.56% were the top losers.
Asian markets were trading mostly in red; Nikkei 225 slipped 696.36 points or 1.16% to 59,841.00, Taiwan Weighted lost 94.9 points or 0.24% to 39,521.73, Jakarta Composite plunged 10.94 points or 0.15% to 7,095.58, Shanghai Composite weakened 16.41 points or 0.4% to 4,069.93 and Hang Seng declined 304.65 points or 1.18% to 25,621.00. However, KOSPI increased 30.48 points or 0.46% to 6,645.51 and Straits Times rose 3.92 points or 0.08% to 4,896.65.

