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Below the Quote on markets 29th April 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital (Prabhudas Lilladher)

“Indian equity markets started off on a positive note amid positive external cues and strong earnings expectations. The buying pressure increased throughout the session, which was driven by auto, IT, and FMCG stocks, resulting in positive movements in indices. Even though there were cautious sentiments owing to higher crude prices, the market indices maintained their gains close to the day's highs.

The Indian markets seem headed for a range-bound positive trend over the short term. The resistances are placed at 24,200-24,500 levels, while supports are expected around 23,800 levels. The earnings momentum and domestic inflow of funds are likely to support falls in the market, but volatility might be witnessed on account of FII selling, higher crude prices, and global uncertainties.”

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