Stock market today, 20 April 2026: Following positive global cues on de-escalation in the US-Iran war, the key benchmark indices of the Indian stock market ended higher for the fifth straight session. The Nifty 50 index gained 156 points and closed at 24,353. The BSE Sensex ended 504 points higher at 78,493. The Bank Nifty index ended 479 points higher at 56,565.
Sectorally, the trend remained largely positive, with most sectors ending in the green—led by FMCG, energy, and metals—while IT and pharma remained relatively muted. Broader markets continued to outperform, with mid-cap and small-cap indices advancing around 1.5% each, indicating sustained risk appetite.
What Gift Nifty signals?
The Gift Nifty index today opened at 24,500 and hit an intraday high of 24,503 within a few minutes of the Opening Bell. However, the index failed to sustain at higher levels and touched an intraday low of 24,408. By 7:15 AM, the index is trading at 24,475, up 55 points intraday.
Expecting a gap-up opening for the Indian stock market today, Hariprasad K, SEBI-registered Research Analyst and Founder, Livelong Wealth, said, “The Indian markets are expected to open on a mildly positive note, with Gift Nifty indicating an opening around the 24,400–24,450 zone compared to Friday’s close of 24,353. However, the apparent stability masks a fragile environment, with markets highly reactive to geopolitical headlines.”
US-Iran war: Global markets today
Global sentiment remains mixed. Asian markets are attempting a recovery, with Japan’s Nikkei gaining over 300 points and South Korea’s Kospi trading higher by around 0.5 per cent. However, this optimism is far from stable. Over the weekend, conflicting developments emerged, particularly with reports indicating that the Strait of Hormuz had been closed again after briefly reopening on Friday. This reversal has already triggered a rebound in crude oil prices, reintroducing concerns around supply disruptions and inflation.
Gold, silver rates today
Gold and silver prices fell up to 2.5% on Monday, April 20, after ships were attacked in the Strait of Hormuz over the weekend, reviving concerns about disruptions to energy supplies and adding to inflation worries amid over seven weeks of conflict in the Middle East.
The COMEX gold rate today was down 2% to $4,780 per ounce, erasing most of last week’s 1.7% advance. Meanwhile, the COMEX silver rate today plunged 2.5% to $78.75 per ounce during the Asian trading hours on Monday.
Gold has declined roughly 9%, and silver has lost around 14% since the beginning of the US-Iran war in late February.
Crude oil price today
Crude oil prices jumped as rising US-Iran tensions in the Middle East restricted shipping in and out of the Gulf, with Iran re-imposing its de facto closure of the Strait of Hormuz.
Brent crude oil price rallied 6.10% to $95.89 a barrel, while the US West Texas Intermediate (WTI) crude futures surged 7.49% to $90.13 a barrel.
The US-Iran war ceasefire is due to run until Tuesday, but is in doubt after the US seized an Iranian cargo ship and Tehran’s top military command vowed to retaliate.
Q4 results 2026
From a domestic standpoint, Q4FY26 earnings from heavyweights such as HDFC Bank and ICICI Bank, announced over the weekend, are expected to provide some stability to the market. While both institutions delivered solid profit growth and met or exceeded expectations, their ability to anchor the index may be limited amid strong global volatility triggers. Their results may act as a cushion rather than a catalyst.
India VIX today
Markets are likely to see a volatile, potentially uneven session today, with sentiment swinging between relief and renewed caution. The risk of a negative reaction remains elevated, especially if crude prices sustain their upward move.
FII-DII data
FIIs ended up as net buyers on Friday by buying Indian shares worth ₹683.20 crore in the cash segment. However, DIIs remained net sellers, selling shares worth ₹4,721.48 crore in cash.
FIIs added shares worth ₹1,278.11 crore in the Index Futures, while they offloaded Indian shares worth ₹4,205.30 crore.
Stock market today
Speaking on the outlook of the Nifty 50 today, Ajit Mishra, SVP — Research at Religare Broking, said, “We maintain our view of a potential upside towards the 24,600–24,800 zone, with an immediate base placed around the 23,900–24,100 range. Traders should continue with a positive yet cautious stance, focusing on sectors and themes showing strong traction with volumes, while avoiding averaging in laggard stocks.”
On the outlook of the Bank Nifty today, Sumeet Bagadia, Executive Director at Choice Broking, said, “The 56,900–57,050 zone is acting as an immediate resistance level, while the 56,000–56,100 range is a key support area. The daily Relative Strength Index (RSI) stands at 56.05, reflecting improving momentum with a mildly bullish undertone.”
Stocks to buy today
Regarding stocks to buy today, market experts — Sumeet Bagadia of Choice Broking, Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi, and Shiju Koothupalakkal, Senior Manager — Technical Research at Prabhudas Lilladher, recommended these eight buy-or-sell stocks for intraday trading: Sumitomo Chemical, Cummins India, SBI, Infosys, IndiGo, Mazagon Dock Shipbuilders, GPPL, and Dynamic Cables.
Sumeet Bagadia’s stock recommendations today
1] Sumitomo Chemical: Buy at ₹442, Target ₹474, Stop Loss ₹426; and
2] Cummins India: Buy at ₹5141, Target ₹5503, Stop Loss ₹4960.
Ganesh Dongre’s buy or sell stocks
3] SBI: Buy at ₹1080, Target ₹1130, Stop Loss ₹1055;
4] Infosys: Buy at ₹1320, Target ₹1360, Stop Loss ₹1280; and
5] IndiGo: Buy at ₹4634, Target ₹4750, Stop Loss ₹4600.
Shiju Koothupalakkal’s intraday stocks for today
6] Mazagon Dock Shipbuilders: Buy at ₹2615, Target ₹2770, Stop Loss ₹2565;
7] GPPL: Buy at ₹160.90, Target ₹174, Stop Loss ₹156; and
8] Dynamic Cables: Buy at ₹332.95, Target ₹355, Stop Loss ₹325.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.