Despite paring a good portion of early gains, key Indian stock indices Sensex and the Nifty50 closed on a firm note on Monday, as investors reacted to a slew of earnings updates and encouraging vehicles sales data from leading automobile manufacturers. A good show by the National Democratic Allianz (led by the Bharatiya Janata Party) in assembly elections in Assam and West Bengal contributed as
Key Indian stock indices Sensex and the Nifty50 are up firmly in positive territory Monday morning, tracking Wall Street's notable upmove on Friday, and reacting to earnings reports and other corporate news.
The Australian stock market is extending its early losses in mid-market trading on Monday, but reversing some of the gains in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,700.00 level, with weakness in gold miner, financial and energy stocks partially offset by gains in technology stocks.
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, with markets in China and Japan closed, as traders remain cautious amid the uncertainty prevailing around the peace proposal to end the Middle East war. Crude oil prices also eased with potential US-led maritime security measures in the Strait of Hormuz to provide safe passage to vessels.
Higher GIFT Nifty and positive cues from Wall Street where the major averages posted record closing highs on Friday point to a firm start for the Indian stock market on Monday.
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.