Nifty 50 Opening Prediction for Monday, 27 April 2026: Will Markets Recover After 275-Point Crash?
The Indian stock market witnessed a sharp decline on Friday, April 24, 2026, with the Nifty 50 closing at 23,897.95, down 275.10 points (1.14%). The BSE Sensex also fell significantly by 982 points to settle at 76,664, marking the steepest single-day fall in April.
Why Did the Market Fall?
The primary trigger behind the selloff was a surge in global crude oil prices. Brent crude crossed $107 per barrel amid geopolitical tensions linked to the Strait of Hormuz disruption and ongoing US-Iran uncertainty. Rising crude prices negatively impact India’s economy by increasing inflation pressure and weakening the rupee.
Additionally, IT stocks dragged the market lower. Major companies like Infosys, TCS, HCL Tech, and Tech Mahindra declined sharply following weak quarterly earnings and cautious future outlooks.
Foreign Institutional Investors (FIIs) turned aggressive sellers, offloading equities worth ₹8,827 crore, while Domestic Institutional Investors (DIIs) provided partial support.
Nifty 50 Prediction for Monday, 27 April 2026
GIFT Nifty futures are indicating a positive start for Monday’s session. The index is currently trading near 24,080, suggesting a gap-up opening of around 150–180 points from Friday’s close.
However, sustaining this recovery will depend on:
Global market trends
Movement in crude oil prices
Continued FII activity
Key Technical Levels
Support Levels: 23,800 (critical), 23,600 (strong)
Resistance Levels: 24,200 (immediate), 24,400 (key), 24,600 (major hurdle)
The Relative Strength Index (RSI) has declined from higher levels, indicating weakening bullish momentum. A move above 24,200 will be crucial to regain confidence in the short term.
Market Outlook
While a gap-up opening is expected, volatility remains high due to global uncertainties. Sector rotation may continue, with potential strength in FMCG, energy, and PSU stocks, while IT may remain under pressure.
Traders should remain cautious and avoid aggressive positions until clear directional signals emerge.
Disclaimer: This article is based on market data and trends and is for informational purposes only. Investors should consult a SEBI-registered financial advisor before making investment decisions.
