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Sensex Today | Stock Market LIVE Updates: GIFT Nifty trades 130 points lower; CLSA cuts Persistent target

Published on 22/04/2026 08:08 AM

TRADE SET UP

On Akshaya Tritiya, India’s custom of purchasing gold is clearly changing. Demand has remained strong this holiday season, if not unaltered, despite prices hovering around record highs of ₹1.5–1.55 lakh per 10 kilos.

GIFT Nifty trades lower despite the US-Iran ceasefire extension. GIFT Nifty is trading at a discount of nearly 170 points from Nifty Futures. Tuesday’s close indicates a gap-down start for the Indian market

Higher gains in soybean oil , crude oil

Concerns with west Canada seeding

Canola production in Australia projected to fall 19% to 6.2M tonnes in 2026/27

Strong speculative buying and tightening supply perceptions

Drought concerns inTexas US

Due to increased Chinese demand, Japan’s exports increased 11.7% in March, and its trade surplus reached 667 billion yen. Japan’s inflation risks are increased by Middle East tensions and the weakening yen.

 

US futures increased while the currency slightly decreased after Donald Trump announced that he would prolong the ceasefire with Iran, inspiring cautious optimism among investors. Asian markets began trading slightly lower as investors speculated about the duration of the unrest in West Asia.

 

Following the cancellation of US Vice President JD Vance’s planned trip to Pakistan in order to participate in the second round of negotiations with Iran, Brent tested the $100 per barrel threshold once more on Tuesday.

 

Some of the stocks to look out for today include HCLTech, Persistent Systems, Trent, Tata Elxsi and more.

Check The Full List Here 

With uncertainty keeping near-term volatility high, markets are keeping a tight eye on developments surrounding the impending US-Iran talks later this week. A buy-on-declines strategy is supported by analysts’ belief that all dips could be viewed as purchasing opportunities.

 

The Sensex increased 753 points to 79,273, while the Nifty increased 212 points to 24,577, closing above 24,500 for the first time since March 5. HDFC Bank, ICICI Bank, and Axis Bank were among the leading contributors to the rally, which was dominated by banking companies.

Stock Market Highlights

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