New Delhi, May 4 -- The major domestic market indices, Nifty 50 and Sensex, saw a partial recovery from the considerable selloff in March, posting some gains in April; however, the dip on Thursday, 30 April, indicated ongoing fragility, as escalating oil prices and a weakening rupee affected market sentiment.

The Nifty 50 fell by 0.74% to settle at 23,997.55, while the BSE Sensex declined by 0.75% to 76,913.50, and the rupee hit a record low following a rise in crude oil prices and a more aggressive position from the U.S. Federal Reserve.

Indian markets were closed on Friday for a holiday and will resume trading today (Monday, 4 May).

The Gift Nifty Live Chart is showing a positive start for the Indian stock market today. By 7:34 AM, t...