Despite coming off early highs, Indian stocks remain in positive territory around late morning on Wednesday, riding on strong gains in automobile, banking, healthcare and realty sectors.
The mood in the market is a bit bullish amid hopes of a U.S.-Iran peace deal. A drop in oil prices and the rupee's recovery against the U.S. dollar are also aiding sentiment.
For comments and feedback contact: editorial@rttnews.com
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.