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Markets Score 82 Bullish

Indian Equities Surge as Geopolitical Tensions Ease and Corporate M&A Sparks Gains

Apr 27, 2026 04:44 UTC
SENSEX, NIFTY, SUNPHARMA, RELIANCE, AXISBANK, PAYTM, NTPC, IDFCFIRSTB
Short term

Indian benchmark indices climbed on Monday following optimistic remarks from U.S. President Donald Trump regarding the conflict in Iran. The rally was further supported by a major acquisition in the pharmaceutical sector despite mixed corporate earnings.

  • BSE Sensex rose 628 points to 77,293
  • NSE Nifty surged 203 points to 24,101
  • Sun Pharma acquires Organon & Co in all-cash deal
  • RBI revokes Paytm Payments Bank license
  • Reliance Industries net profit declines 13% YoY
  • NTPC plans Rs. 25,000 crore nuclear investment

The BSE Sensex and NSE Nifty both surged 0.8% in early trade, reflecting a risk-on sentiment across Indian markets. The rally was triggered by statements from U.S. President Donald Trump, who indicated that the conflict in Iran is nearing a conclusion with a projected U.S. victory. This shift in sentiment follows the cancellation of a planned diplomatic mission to Pakistan intended for peace talks with Iran. In the corporate sphere, Sun Pharma saw a 7% jump after announcing a definitive all-cash agreement to acquire New Jersey-based Organon & Co. Other notable gainers included Infosys, Tata Steel, and Tech Mahindra, which all rose between 2% and 3%. Additionally, IDFC First Bank rallied 3.5% after reporting a 5% growth in quarterly profit. However, the broader market saw divergent results from heavyweights. Reliance Industries shares dipped following a 13% year-on-year decline in consolidated net profit, while Axis Bank fell 4% after reporting a marginal decline in Q4FY26 net profit. Regulatory headwinds hit the fintech sector as Paytm shares plummeted 5.5% after the Reserve Bank of India (RBI) revoked the banking license of its associate entity, Paytm Payments Bank. Meanwhile, NTPC shares rose 1% on reports of a planned Rs. 25,000 crore investment to develop two 700 MW nuclear power units in Bihar.

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