Indian benchmark indices, Sensex and Nifty 50, are poised for a strong opening on Wednesday, supported by positive global cues and easing geopolitical tensions.
Investor sentiment improved significantly after the United States announced a temporary suspension of military action against Iran, boosting risk appetite across global markets.
In the previous session on April 7, domestic markets ended on a positive note. The Nifty 50 rose 155 points, or 0.68%, to close at 23,124, while the Sensex gained 510 points, or 0.69%, to settle at 74,616.
Gift Nifty was trading at 23,830 in early trade, up 692.5 points or 2.99%. It touched a high of 23,931.5 and a low of 22,927.5, indicating a strong gap-up opening for the Indian equity markets.
Earlier reports also indicated a surge of over 770 points in Gift Nifty, reflecting strong bullish sentiment among investors.
Global markets rallied after US President Donald Trump announced a two-week suspension of planned military action against Iran, just ahead of a key deadline.
The move came with conditions related to the safe reopening of the Strait of Hormuz, while Iran also signalled a halt to its defensive operations, easing immediate geopolitical concerns.
Asian markets opened sharply higher on Wednesday, tracking the positive developments in global geopolitics.
Japan’s Nikkei 225 advanced 1.79%, while the Topix gained 1.69%. South Korea’s Kospi surged nearly 6%, and the Kosdaq index also posted strong gains of around 5%, reflecting widespread optimism across the region.
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US equity futures recorded strong gains, indicating a positive start for Wall Street later in the day.
Dow Jones Industrial Average futures jumped 967 points, or 2.1%. S&P 500 futures climbed 2.1%, while Nasdaq 100 futures advanced 2.3%, signalling strong investor confidence.
Crude oil prices witnessed a sharp decline following the easing of geopolitical tensions.
West Texas Intermediate (WTI) crude futures fell around 14% to $97.49 per barrel, slipping below the key $100 mark. Brent crude futures dropped 13% to $95.63 per barrel, while COMEX crude prices also corrected significantly.
With easing geopolitical tensions, a sharp fall in crude oil prices and strong global market momentum, Indian equities are set for a robust start. Investors will closely monitor further developments on the geopolitical front and global market trends for sustained direction.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 8, 2026, 8:11 AM IST
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