On Thursday, Dalal Street opened trading in red in the pre-opening session, with the NIFTY 50 trading at 24,202.35, down by 0.72%, and the SENSEX at 77,983.66, down by 0.68%.Indian markets are likely to be in negative territory today amid weak cues from Asian markets on rising crude oil prices, a firm dollar, and escalating tensions in West Asia. The previous session ended lower amid profit-booking in the market.Global cuesAsian markets traded lower, and U.S markets traded mixed due to cautious investor sentiment after Tehran seized two ships in the Strait of Hormuz, which indicated a heightening of tensions between the U.S and Iran.Gift NiftyOn April 23, 2026, the GIFT Nifty traded in red amid net fund outflows in the Indian market.Asian Markets ASIAN MARKETSLTPPrev closeChangeGIFT NIFTY24,139.0024,308.50-0.70%Nikkei 22558,952.1159,585.86-1.06%Hang Seng25,870.0026,163.25-1.12%Taiwan37,384.4037,878.47-1.30%KOSPI6,361.796,417.93-0.87% Asian markets traded lower amid selling pressure after a recent rally on the ceasefire extension by the U.S President Donald Trump.US & European Markets US MARKETSLTPPrev closeChangeDOW JONES49,511.0249,170.390.69%S&P 5007,138.507,183.25-0.62%Nasdaq24,677.0324,280.971.63% The Dow Jones and Nasdaq closed higher on Wednesday after GE Vernova and Boston Scientific posted decent earnings.The S&P 500 traded in red, dragged by losses in Tesla after CEO Elon Musk cautioned that capital expenditure will be increasing and claimed that Tesla HW3.0 cars do not have the capability for self-driving. EU MARKETSLTPPrev closeChangeFTSE10,476.4610,498.09-0.21%CAC8,134.008,193.00-0.72%DAX24,194.9024,270.87-0.31% The United Kingdom’s FTSE traded in the red, dragged down by Reckitt Benckiser, JD Sports, Rolls-Royce, and BAE Systems.The French index, CAC, traded lower amid losses in Luxury stocks.The German index, the DAX, closed in the red, dragged by losses in Deutsche Telekom, MTU Aero Engines AG, and Siemens Healthineers.Commodities COMMODITIESLTP ($)Prev closeChangeBRENT CRUDE104.0800101.91002.08%GOLD4,701.67004,739.7000-0.81%CRUDE OIL95.230092.96002.38%NATURAL GAS2.71302.70200.41%SILVER76.061077.7285-2.19% Crude oil prices traded in green amid stalled peace talks between Iran and the U.S.Precious metals, such as gold and silver, traded lower amid a firm dollar.Natural gas traded higher amid curbs on Middle East gas supplies, leading to the prospects of stronger U.S LNG Exports.Currency Movements CURRENCYLTPPrev closeChangeDOLLAR INDEX98.700098.6200-0.08%USD/INR93.775093.77500.00%GBP/INR126.7234126.6430-0.06%EUR/INR109.9564109.8183-0.13% The dollar index traded higher amid a standoff between Iran and the U.S. in the Middle East war and a lack of progress in peace talks.The rupee weakened against other currencies as foreign investors continued to exit Indian markets.Sectors to watchBanking Sector: The RBI unveiled draft guidelines for prepaid payment instruments to strengthen compliance and customer protection.Renewable Energy Sector: Andhra Pradesh Chief Minister N Chandrababu Naidu will be laying the foundation stone for ReNew Energy Global plc's ₹5,400 crore solar manufacturing facility in Anakapalli district, which marks a significant step in India's push for domestic clean energy manufacturing and energy security, aligning with the state's Integrated Clean Energy Policy 2024.Oil & Gas Sector: India is exploring higher ethanol blending in petrol and flex-fuel vehicles to reduce reliance on imported oil.Stocks to watchInfosys: Infosys entered into a strategic partnership with OpenAI to help enterprises transform software development and modernisation using OpenAI’s frontier AI models and products.Bharat Electronics: Bharat Electronics secured orders worth ₹569 crore.Lemon Tree Hotels: Lemon Tree Hotels signed license agreements for Lemon Tree Premier, Raipur, and Lemon Tree Hotel, Jalandhar.Eveready Industries India: Eveready Industries announced the inauguration of India’s only operating alkaline battery facility in Jammu.FII and DII Inflows - 22nd April 2026 CategoryBuy ValueSell ValueNet ValueDII18,704.2519,752.42-1,048.17FII/FPI13,895.0715,973.43-2,078.36 (The above numbers are in ₹ Cr)On 22nd April, net outflows were ₹3,126.53 crore, with both DIIs and FIIs as net sellers, as investors stayed cautious amid rising global uncertainties.Global Events & UpdatesOn April 23, India will release HSBC composite, services, and manufacturing PMI flash data.France will release the business confidence data today.The Eurozone will release S&P Global composite, services, and manufacturing PMI flash data today.Things to look out forThe UK’s annual inflation rate rose to 3.3% in March 2026.New housing prices in Canada dropped by 0.2% MoM in March 2026.
