Indian Markets Open in Green: Nifty, Sensex & Stocks to Watch

Indian markets are likely to be volatile today amid positive cues from broader Asian markets on hopes of de-escalating geopolitical tensions in the Middle East. The previous session ended in the green after the Indian rupee posted its biggest gain in the last 12 years.

Global cues

Both Asian and U.S markets traded mixed after the U.S and Iran engaged in mediated talks for a 45-day ceasefire in West Asia, aiming for a permanent end to the conflict.

Gift Nifty

On April 6, 2026, the GIFT Nifty traded in green amid positive cues from broader Asian markets.

Asian Markets

ASIAN MARKETS	LTP	Prev close	Change
GIFT NIFTY	25,949.50	25,998.50	-0.19%
Nikkei 225	54,001.64	53,123.49	1.65%
Hang Seng	25,116.53	25,294.03	-0.70%
Taiwan	32,572.43	33,174.82	-1.82%
KOSPI	5,434.52	5,377.30	1.06%

Nikkei and KOSPI traded higher after U.S President Donald Trump vowed "hell" if Tehran does not meet his deadline to reopen the Strait of Hormuz.
Hang Seng is closed due to the Qingming Festival.
TAIEX is closed for the tomb-sweeping holiday.

US & European Markets

US MARKETS	LTP	Prev close	Change
DOW JONES	46,525.67	46,586.74	-0.13%
S&P 500	6,613.75	6,615.75	-0.03%
Nasdaq	21,900.18	21,861.94	0.17%

Dow Jones and S&P 500 traded lower amid a rise in crude oil prices.
Nasdaq traded in green after Iran’s deputy foreign minister announced that Iran is drafting a protocol with Oman to manage traffic through the Strait of Hormuz.

EU MARKETS	LTP	Prev close	Change
FTSE	10,436.29	10,364.79	0.69%
CAC	7,962.39	7,981.27	-0.24%
DAX	23,168.08	23,298.89	-0.56%

The United Kingdom’s FTSE traded higher, led by gains in oil and pharma shares.
The French index, CAC, traded lower amid a decline in ArcelorMittal, Schneider Electric, and STMicroelectronics shares.
The German index, the DAX, closed in the red, dragged by Deutsche Telekom, Infineon, and Henkel stocks.

Commodities

COMMODITIES	LTP ($)	Prev close	Change
BRENT CRUDE	110.0100	109.0300	0.89%
GOLD	4,634.0000	4,677.2800	-0.93%
CRUDE OIL	111.8000	111.5400	0.23%
NATURAL GAS	2.8460	2.8030	1.51%
SILVER	71.9860	72.9970	-1.40%

Crude oil prices traded in green, after the U.S President Donald Trump threatened to bomb Iran’s power plants and bridges.
Precious metals, such as gold and silver, traded lower amid a firm dollar.
Natural gas traded in green, amid buying interest after the recent decline.

Currency Movements

CURRENCY	LTP	Prev close	Change
DOLLAR INDEX	100.1500	100.0300	-0.12%
USD/INR	92.6190	92.6700	0.06%
GBP/INR	122.7971	122.2571	-0.44%
EUR/INR	107.1380	106.7735	-0.34%

The dollar index traded higher on the stronger-than-expected US jobs data and rising uncertainty in the Middle East.
The rupee strengthened against the dollar after the RBI imposed position limits ⁠on banks and corporates, curbing the onshore-NDF arbitrage activity.
The rupee weakened against the pound and euro amid continuous foreign fund outflows.

Sectors to watch

Automobile Sector: India's passenger vehicle industry is expected to grow moderately by 4-6% in FY27, following an estimated 7-9% rise in FY26, fuelled by a high base and evolving economic conditions.
Pharmaceuticals Sector: Indian Local drug manufacturers struggle to produce essential cancer medicines like carboplatin and cisplatin amid a significant surge in platinum prices and urge the National Pharmaceutical Pricing Authority to approve a 50% price increase to ensure the continued availability of these vital treatments.
FMCG Sector: FMCG companies reported a sales rebound in the March quarter, driven by volume recovery post-GST rationalisation.

Stocks to watch

Emami: Emami executed a definitive agreement to acquire the remaining 73.5% stake in Axiom Ayurveda.
Premier Energies: Premier Energies completed the acquisition of a 51% stake in Transcon Ind.
Rail Vikas Nigam: Rail Vikas Nigam received a Letter of Award (LoA) from South Central Railway for the design, supply, erection, testing, and commissioning of OHE upgradation from the existing 1x25kV system to a 2x25kV AT Feeding System in the Ongole–Gudur section of the Vijayawada division.
GR Infraprojects: GR Infraprojects executed an Engineering, Procurement, and Construction (EPC) agreement with West Central Railway.

FII and DII Inflows - 2nd April 2026

Category	Buy Value	Sell Value	Net Value
DII	18,421.27	11,212.86	7,208.41
FII/FPI	10,626.52	20,557.65	-9,931.13

(The above numbers are in ₹ Cr)

On 2nd April, net outflows were ₹2,722.72 crore, with DIIs as net buyers and FIIs as net sellers, as investors closely monitor for further updates on the West Asian conflict.