Trade Setup for Today: Key Things to Know Before the Opening Bell on April 28, 2026
Indian markets likely to open lower with GIFT Nifty down 115 points at 24,005, indicating a 0.48% decline. Mixed global sentiment prevails as US markets showed divergent moves with Dow down 0.13% while NASDAQ gained 0.21%. Asian indices trade negative with Nikkei and Hang Seng both declining around 0.45%. Crude oil provides support with 1% gains while gold remains flat. FIIs continued selling with Rs 1,151 crore outflows, offset by DII buying of Rs 4,124 crore. Major earnings from Maruti Suzuki, REC, and Bajaj Finserv expected to drive stock-specific action today.
*this image is generated using AI for illustrative purposes only.
Global markets present a mixed picture as we head into today's trading session, with commodity prices showing varied movements and Asian indices displaying cautious sentiment. Key earnings announcements from major companies including Maruti Suzuki, REC, and Bajaj Finserv are expected to drive stock-specific action.
GIFT Nifty Update
SGX Nifty futures are trading at 24,005.00, down 115.00 points or 0.48% from the previous close of 24,120.00. This suggests a cautious start for domestic indices, with the opening likely to be in negative territory.
US Markets
US markets closed with mixed performance in the previous session:
| Index | Price | Change | Change % |
|---|---|---|---|
| Dow Jones | 49,188.78 | -62.94 | -0.13% |
| NASDAQ | 24,909.06 | +51.46 | +0.21% |
| E-Mini S&P 500 | 7,210.75 | +4.75 | +0.07% |
The Dow Jones faced slight pressure while tech-heavy NASDAQ managed modest gains, reflecting mixed investor sentiment.
Asian Markets
Asian indices are showing mixed trends in early trading:
| Index | Price | Change | Change % |
|---|---|---|---|
| Nikkei 225 | 60,252.84 | -284.52 | -0.47% |
| Hang Seng | 25,812.52 | -113.14 | -0.44% |
Both major Asian indices are trading in negative territory, indicating cautious sentiment across the region.
Commodity Trends
Commodity markets are displaying mixed signals:
| Commodity | Price (USD) | Change | Change % |
|---|---|---|---|
| Crude Oil | 97.34 | +0.97 | +1.01% |
| Gold Futures | 4,692.80 | -0.90 | -0.02% |
| Silver Futures | 74.85 | -0.18 | -0.24% |
| Natural Gas | 2.72 | -0.01 | -0.37% |
| Copper | 6.07 | -0.01 | -0.11% |
Crude oil prices are showing strength with over 1% gains, while precious metals remain under slight pressure.
Currency Updates
The USD/INR pair is trading at 94.17, down 0.05 points or 0.05% from the previous close. The Euro against the Dollar (EUR/USD) is at 1.17, showing a marginal decline of 0.07%.
FII/DII Activity
Institutional activity shows contrasting trends:
| Date | FII/FPI Buy (Cr) | FII/FPI Sell (Cr) | FII/FPI Net (Cr) | DII Buy (Cr) | DII Sell (Cr) | DII Net (Cr) |
|---|---|---|---|---|---|---|
| April 27, 2026 | 30,263.32 | 31,414.80 | -1,151.48 | 19,978.34 | 15,854.42 | 4,123.92 |
Foreign investors remained net sellers with outflows of Rs 1,151.48 crores, while domestic institutional investors provided support with net buying of Rs 4,123.92 crores.
Block Deals
| Company | Seller | Buyer | Shares | Price (Rs) |
|---|---|---|---|---|
| Bajaj Finserv | Bajaj Auto Holdings Limited | Bajaj Holdings and Investment Limited | 2,090,050 | 1,770.40 |
Latest Update for Stocks Involved in Block Deals
Bajaj Finserv has been in focus with multiple developments:
- The company witnessed a significant block trade on NSE involving 328,637 shares valued at Rs 55.09 crores at Rs 1,676.30 per share
- Board meeting scheduled for April 30, 2026, to approve Q4FY26 results and consider dividend recommendations
- Motilal Oswal initiated neutral coverage with Rs 1,900.00 target price, citing strong lending scale of 110 million customers
- Insurance subsidiaries showing robust performance with Bajaj General Insurance reporting strong premium collections
Key Global Events
Today marks a significant day for corporate earnings with over 50 companies scheduled to announce their quarterly results. Major names include Maruti Suzuki, REC, Bandhan Bank, CEAT, Torrent Pharmaceuticals, and several others across various sectors. Additionally, several companies have scheduled extraordinary general meetings and annual general meetings, which could lead to stock-specific movements.
Conclusion
The session is likely to begin on a cautious note given the negative GIFT Nifty indication and mixed global cues. Crude oil strength may support energy stocks, while the heavy earnings calendar could drive significant stock-specific action. Investors should monitor FII flows and corporate earnings announcements closely as they could set the tone for market direction.
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