Noida, Apr 20 (APAC Media): Indian equity markets on Monday, April 20, 2026, staged a recovery after early losses, with both the Nifty 50 and Sensex ending the session in positive territory despite intraday volatility.
The Nifty 50 successfully reclaimed the 24,410 level, while the Sensex advanced by more than 310 points.
Trading sentiment was influenced by mixed global cues, fluctuating crude oil prices, and renewed buying interest in large-cap financial and IT stocks, which helped drive the recovery through the session.
In early trade, Nifty slipped nearly 90 points, touching intraday low near 24,250, while Sensex fell about 320 points before recovery. By mid-session, Nifty rebounded above 24,350 and later crossed 24,400, marking a swing of nearly 150 points from the low. Sensex recovered more than 600 points from intraday low to peak.
Sector-wise, financial stocks led gains with index rising about 0.6%, while IT index advanced nearly 0.41%. Auto stocks also gained around 0.3% as buying resumed in select large-cap counters. Midcap index added nearly 0.5%, and smallcap index outperformed with gains close to 0.7%.
Overall turnover on NSE was estimated near Rs 3.21 lakh crore, slightly higher than previous session at Rs 3.1 lakh crore. Advance-decline ratio improved to 1.4:1, indicating stronger buying momentum in second half. Volatility index (India VIX) eased by about 2.5% to close near 13.8 levels.
Experts noted that the Nifty holding above the 24,410 level continues to act as a key short-term support, while resistance is placed in the 24,600–24,660 zone. For the Sensex, maintaining levels above 78,500 is seen as a positive signal for near-term market sentiment.
On the institutional front, Foreign Institutional Investors (FII) turned net buyers with inflows of around Rs 1,202 crore, while Domestic Institutional Investors (DII) also supported the market by purchasing equities worth nearly Rs 900.1 crore.
Analysts said the 24,250–24,300 zone acted as strong intraday support, triggering a rebound of nearly 150–200 points in Nifty. Sensex also recovered sharply from lower levels, showing an intraday swing of over 600 points. Market participants expect continued volatility in the 24,200–24,650 range for Nifty and 78,000–79,200 range for Sensex in upcoming sessions.
Overall, the index movement highlighted strong intraday recovery of nearly 1% from lows for Nifty and about 0.4% gains for Sensex on closing basis. Market breadth improved to nearly 1,800 advances versus 1,250 declines on NSE, reflecting positive sentiment recovery.
Weak global signals and fluctuating crude oil prices continued to drive intraday volatility; however, strong domestic liquidity provided consistent support throughout the session. This helped benchmarks recover from early declines and stay above key technical levels. Overall trading conditions remained volatile, but the session ended on a broadly positive note.
Disclaimer: The views and opinions expressed are those of experts and do not represent APAC Media. APAC Media is not liable for any financial decisions based on this content. This is for informational purposes only and not financial advice. Readers should consult a qualified financial advisor before investing.
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