GIFT Nifty:
The GIFT Nifty April 2026 futures currently traded 349.50 points lower, suggesting a weak start for the benchmark index today.
Institutional Flows:
Foreign portfolio investors (FPIs) sold shares worth Rs 8,331.15 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 7,171.80 crore in the Indian equity market on 01 April 2026, provisional data showed.
The FIIs had sold shares worth Rs 122,540.41 crore in March. This follows their cash sales of Rs 6,640.78 crore in February and Rs 41,435.22 crore in January 2026.
Global Markets:
Asia markets reversed gains on Thursday as investors assess an address by President Donald Trump on the Iran war.
During his speech, Trump reiterated that the U.S. objectives in Iran were almost met and said that 'we have all the cards' in the conflict. He also said that Washington will hit Iran 'very hard' over the next two to three weeks.
Early Wednesday stateside, Trump claimed that Iran's 'New Regime President' had asked the U.S. for a ceasefire, a claim that Tehran reportedly has denied.
Trump added that the U.S. will 'consider' the offer only once the Strait of Hormuz was 'open, free, and clear,' he said on social media platform.
Trump previously said he was willing to end the U.S. military campaign against Iran even if the Strait of Hormuz remained closed, according to a media report.
Overnight on Wall Street, stocks rose on Wednesday, while oil prices declined to start the month, as hope grew that an end to the U.S.-Iran war was on the horizon.
The S&P 500 advanced 0.72% and closed at 6,575.32, and the Nasdaq Composite gained 1.16% and settled at 21,840.95. The Dow Jones Industrial Average added 224.23 points, or 0.48%, to end at 46,565.74.
Domestic Market:
The key equity benchmarks ended sharply higher on Wednesday, snapping a two-day losing streak. Sentiment improved after US President Donald Trump signalled a possible wind-down of military operations involving Iran within two to three weeks.
Hopes of de-escalation in Middle East tensions eased geopolitical concerns. Crude oil prices declined, with Brent nearing the $100 per barrel mark. US bond yields also softened, supporting risk appetite.
The Nifty closed above the 22,650 mark, led by PSU banks and metal stocks. The recovery was also aided by attractive valuations after the recent correction and supportive global cues.
The S&P BSE Sensex surged 1,186.77 points or 1.65% to 73,134.32. The Nifty 50 index zoomed 348 points or 1.56% to 22,679.40. In the past two sessions, the Sensex declined 4.41% while the Nifty fell 4.18%.