After opening on a buoyant note and making a further move up north, the benchmark BSE Sensex has pared some gains Thursday morning due to a bit of profit taking but remains firmly placed in positive territory.
The mood in the market is a bit bullish thanks to strong global cues amid expectations a fresh round of peace talks between the U.S. and Iran scheduled to take place this week will help end the ongoing conflict in Middle East.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.