The BSE Sensex jumped 753.03 points or 0.96% to settle at 79,273.33 on Tuesday, April 21, 2026, marking the third consecutive session of gains. According to ET Now, the index opened firm and sustained its upward momentum throughout the day, reflecting strong buying interest across sectors. The NSE Nifty climbed 211.75 points or 0.87% to end at 24,576.60. From the 30-Sensex constituents, Trent rose the most by 3.55%, while Hindustan Unilever, ICICI Bank, Bajaj Finance, HDFC Bank and Axis Bank were among the major winners. As reported by ET Now, the rally was largely supported by Banking and Financial stocks, while FMCG stocks emerged as key outperformers.
Market analysts maintain a bullish stance for Wednesday, noting that Tuesday's session was characterized by strong, consistent buying rather than mere short-covering, suggesting a deeper trend of market strength. Aakash Shah, Technical Analyst at Choice Broking, stated that the index has broken out of its recent consolidation range, supported by sustained buying and strong participation across sectors. According to ET Now, Shah noted that the Sensex has shown a decisive breakout above recent consolidation levels, with immediate support placed near ₹78,500–78,700 and resistance seen around ₹79,800–80,000. Vipin Dixena, SEBI-registered analyst, highlighted that Sensex has entered a clear recovery phase after a prolonged downtrend, with price sustaining above the cluster of EMAs (20/50), indicating improving trend strength.
Among sectoral indices, FMCG rallied the most by 2.23%, followed by Realty (2.17%), MidSmall Private Banks Quality Tilt (1.71%), Private Banks index (1.67%), Top 10 Banks (1.66%), and Bankex (1.46%). As reported by ET Now, Capital Goods emerged as the only laggard. Broader markets also advanced with the BSE MidCap Select index jumping 0.73% and SmallCap Select index by 0.29%. The rally was largely supported by Banking and Financial stocks, while FMCG stocks emerged as key outperformers, showing sharp upside and contributing significantly to the gains. Selective profit booking was seen in pockets of Pharma and Metal stocks, which slightly capped broader momentum.
Aakash Shah of Choice Broking noted that the key highlight of the session was consistent buying at higher levels, indicating strength and continuation of the ongoing uptrend rather than just a short-covering bounce. According to ET Now, the technical analyst added that market breadth remained positive, suggesting wider participation in the rally. Vipin Dixena highlighted that the higher-high, higher-low structure confirms bullish continuation in the short term, while RSI is holding above 60, reflecting positive momentum but nearing overbought zone. The immediate support is seen at ₹78,900 while the next resistance is at ₹79,900–80,000, with some consolidation at higher levels not being ruled out.
The domestic equity markets extended their gaining streak for the third consecutive session on Tuesday, April 21, 2026, as gains in FMCG stocks lifted the benchmark indices amid cautious optimism on peace talks between Iran and the US. As reported by ET Now, the gains were supported by positive global cues and easing crude oil prices, which improved overall market sentiment. Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,059.93 crore on Monday, according to BSE data. On Monday, the Sensex closed marginally up 26.76 points or 0.03% at 78,520.30, while the Nifty edged up 11.30 points or 0.05% to settle at 24,364.85.
