Markets Post Biggest Weekly Gain In 5 Years, Jumps 5.7% To Snap Six-Week Losing Streak

Last Updated:April 10, 2026, 4:22 pm IST

The Nifty50 and the Sensex traded higher, tracking gains across Asia-Pacific markets, as investors continued to monitor developments around US-Iran tensions

Stock Market Today Live Updates: Sensex, Nifty In Focus

Market Today: The Nifty50 and the Sensex extended their gains after a brief one-day pause, as investors continued to monitor developments in West Asia. Asian Paints, Eicher Motors, Bajaj Auto, and Shriram Finance were among the top gainers on the Nifty50.

Broader markets outperformed the benchmarks, with the Nifty MidCap and Nifty SmallCap indices rising 1.52 per cent and 1.65 per cent, respectively.

On the sectoral front, the Nifty IT index led the gains, while the Nifty Auto, Nifty Bank, and Nifty Financial Services indices lagged their peers.

Both indexes have rallied around 5.7% this week, positioning them to snap a six-week losing streak and post their strongest weekly gain in more than five years.

Global Cues

Markets across the Asia-Pacific region were largely positive, led by South Korea’s Kospi, which gained 2.18 percent. Japan’s Nikkei 225 and Hong Kong’s Hang Seng were also higher by 1.78 percent and 1.11 percent, respectively.

On Wall Street, US indices ended higher overnight as traders evaluated the fragile ceasefire between the US and Iran. The S&P 500 rose 0.62 percent, the Dow Jones Industrial Average gained 0.58 percent, and the Nasdaq Composite climbed 0.83 percent.

In commodities, Brent crude edged higher in early trade, as concerns over attacks on Saudi energy infrastructure and uncertainty around the ceasefire supported prices. The April contract was up 0.58 percent at $96.44 per barrel.

Meanwhile, precious metals saw some profit booking, with gold and silver futures declining 0.71 percent and 1.12 percent, respectively.

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