Stock Market Live Updates: Nifty50 opens above 24,100; BSE Sensex rises over 350 points to cross 77,000 despite rising rude oil prices
Nifty50 opened above 24,100 and BSE Sensex rose over 350 points to cross 77,000 despite rising crude oil prices on April 29, 2026. Market participants remain responsive to developments in the Middle East conflict and US-Iran talks.
The Indian stock market saw a strong start on April 29, 2026, with Nifty50 opening above 24,100 and BSE Sensex rising over 350 points to cross 77,000. Despite weak global cues and rising crude oil prices, the market performed well. Experts believe market participants will remain highly responsive to developments in the Middle East conflict. The UAE's decision to exit OPEC and OPEC+ led to a rise in crude oil prices above $110 per barrel. The Bank of Japan held rates steady at 0.75% and revised its inflation forecast for 2026 higher. The Japanese yen strengthened against the US dollar initially but later pared gains.
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