On Thursday, April 21, Indian benchmarks were mixed. Banking and O&G sectors outperformed the broader market. In addition, the market got a boost from the start of the earnings results season in India. According to analysts, revenue is expected to rise 2% within the quarter ended in March. The Nifty 50 ticked down 0.03% to 7,912.05, while the BSE Sensex 30 climbed 0.14% to 25,880.38. Among the Nifty 50 components, Wipro, Bharat Heavy Electricals, and Bharti Infratel were out of luck, each losing over 3%. ICICIBank,SBI, andPunjabNationalBank outperformed the broader market, each surging over 3.5%. Among the BSE Sensex 30 components, ICICIBank,SBI,andCoalIndia underperformed the broader market, while Wipro, Bharat Heavy Electricals andHeroMotoCorp paced the gains. On the currency market, USD/INR edged up 0.11% to 66.306, while EUR/INR rose 0.26% to 74.948. The 10-yearbondyieldreached 7.463%. The banking sector topped the advancers, with State Bank picking up 3.76% and ICICI Bank soaring 6.3%. India’s largest software exporter Tata Consultancy Services retreated 1.06% even as its financial results turned out better than expected. The third-largest software exporter Wipro sank 7.05% after reporting Q4 revenue of INR 22.4 bn against the INR 23.5 bn median consensus. Oil & Natural Gas was in demand as oil prices moved higher. Investors also showed interest in the automotive sector. Notably, Tata Motors and Maruti Suzuki India each increased over 0.9%. From a technical standpoint, the BSE Sensex 30 traded near the resistance level of 25,840-25,900. Stochastic lines are still pointing north, but have reached overbought territory. This means a reversal may be in the offing.