Published on 09/04/2026 06:54 AM
TRADE SET UP
Because of the US-Iran confrontation, JPMorgan Chase & Co.’s trading desk is simulating a bullish, bearish, and status quo scenario, each of which has a distinct impact on the markets.
GIFT Nifty lower indicates a gap-down start for the Indian market
Market On Wednesday
As the US-Iran ceasefire improved the mood in international markets, benchmark indices saw a significant increase, reversing recent declines. Both indices saw gains of about 4%, with the Sensex rising 2,946 points to close at 77,563 and the Nifty rising 874 points to 23,997.
Stock Market Highlights
The news of a truce in the West Asian crisis between the United States, Israel, and Iran caused the Nifty 50 index to open with a significant gain of 705 points. The market’s ability to maintain and increase those gains throughout the session was just as noteworthy as the robust opening.
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