India, April 28 -- Investor sentiment in the domestic stock market improved on Monday, April 27, as benchmark indices closed with gains of nearly 1%, ending a three-day losing streak. The rise was mainly driven by a rebound in IT stocks, while pharma and consumer goods shares also supported the upward trend. Both the Nifty 50 and Sensex climbed 0.80% each. The broader market followed the same direction, with the Nifty Midcap 100 and Nifty Smallcap 100 indices rising more than 1.5%.

Despite the strong close, early signals indicate the market could open in the red in the next session. Trends in the Gift Nifty index suggested a weak start, as it was trading near the 24,076 mark, down over 14.50 points compared to the previous close of ...