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Stock Market Today LIVE: Indian equities surge in new financial year; Sensex soars 1600 pts, Nifty jumps over 2%

Published on 01/04/2026 07:59 AM

Stock Market Today LIVE: The Indian stock market rallied at open on Wednesday, April 1, following a rally in global markets, amid hopes that the US-Iran war in the Middle East can end soon. It comes after the US President Donald Trump said the Middle East conflict could end within three weeks, while Iran’s president said Tehran had “the necessary will” to bring the crisis to an end. The remarks boosted investor sentiment across the region, even as the dollar remained under pressure and Treasuries extended their gains.

The Sensex jumped over 2,000 points, or 2.8%, to an intraday high of 73,965, while the NSE counterpart Nifty 50 rose by more than 600 points, or 2.7%, to the day's high of 22,941. The mid and small-cap indices on the BSE surged up to 4%.

Investors earned ₹13 lakh crore as the overall market capitalisation of BSE-listed firms rose to ₹425 lakh crore from ₹412 lakh crore in the previous session.

Asian Markets Today

Asian stocks also rallied on the potential de-escalation of the US-Iran war. However, crude oil prices continued to rise amid lingering concerns over a potential closure of the strategic Strait of Hormuz, a key artery for global oil supplies.

Brent crude rose above $105 a barrel after declining 3.2% on Tuesday, while West Texas Intermediate was near $103.

The economic impact of the conflict also intensified. Average US gasoline prices climbed above USD 4 a gallon for the first time in four years, inflation in Europe surged, and governments rolled out support measures to cushion the fallout.

The MSCI Asia Pacific Index rose 3.7%, with more than eight stocks advancing for every one that declined. Japan’s Topix jumped 3.6%, Australia’s S&P/ASX 200 gained 1.7%, Hong Kong’s Hang Seng advanced 1.9%, and China’s Shanghai Composite added 1.2%. Meanwhile, Euro Stoxx 50 futures rose 1.8%, while S&P 500 futures were up 0.2% as of 10:46 a.m. Tokyo time.

Stay tuned to this segment for live updates on the Indian stock market today.

The Nifty 50 breached a crucial resistance in the 22,700–22,800 zone and reclaimed the 22,900 mark during the session.

According to Hitesh Tailor, a research analyst at Choice Equity Broking, immediate support for the Nifty is seen in the 22,150–22,200 range, while resistance is placed at 22,700–22,800. The RSI stands at 32.01, indicating near-oversold conditions.

According to Anand James, Chief Market Strategist, Geojit Investments, a break of 22,770 can lead the Nifty 50 to 23,040-23,600.

"Fresh long positions should preferably be initiated only after the Nifty convincingly breaks above and sustains the 24,000 level, which would indicate improved sentiment and the likelihood of a more durable bullish trend," said Tailor.

The Nifty 50 crashed 11.3% in March, extending losses to the fourth consecutive month. The sharp decline in the index has brought valuations near the long-term average, offering many blue-chip stocks at an attractive price. With market sentiment improvement amid positive signals on the front of the West Asian conflict, investors appear to be engaged in value buying to reap the benefits of a potential market uptrend ahead.

The US dollar index fell below 100, while the US 10-year bond yield eased further to 4.293%. A decline in the dollar and bond yields is positive for emerging markets like India as it improves the prospects of foreign capital inflows.

Investors earned ₹13 lakh crore as the overall market capitalisation of BSE-listed firms rose to ₹425 lakh crore from ₹412 lakh crore in the previous session.

Silver prices in India fell on Wednesday, April 1, on profit booking, even as gold prices extended their winning streak for a third straight session as hopes of a possible end to the Middle East conflict improved investor sentiment. A softer US dollar also supported the precious metal. Gold prices also gained in trade today.

Silver price on MCX fell 1% to ₹2,38,501 per kg, while Gold price rose 0.73% to ₹1,51,870 per 10 grams.

Oil rose more than 1% on Wednesday, with Brent futures extending gains after a record monthly rise in March, as Middle East volatility kept markets jittery despite reports that the U.S.-Israeli war on Iran may be nearing an end.

The front-month Brent contract for June climbed $1.40, or 1.4%, to $105.37 per barrel at 0430 GMT. Brent logged a record monthly gain of 64% in March, according to LSEG data that dates back to June 1988.

Meanwhile, U.S. West Texas Intermediate (WTI) crude futures for May rose $1.59, or 1.6%, to $102.97 per barrel.

Prices recovered some of their losses from Tuesday, when Brent futures for June delivery settled down more than $3 following unconfirmed media reports that Iran's president was ready to end the war. (Reuters)

Devarsh Vakil, Head of Prime Research at HDFC Securities, said: "Washington is signalling that military operations could wrap up within two to three weeks, with President Trump suggesting the United States may soon begin scaling back its role in the Strait of Hormuz security architecture.

President Trump is scheduled to address the American nation on Iran at 7:30 a.m. IST on Thursday, April 2. The address is expected to outline the administration's next steps in its Iran strategy and will be closely watched by markets.

Iranian President Pezeshkian has declared that Tehran is prepared to end hostilities with the United States, though it is seeking firm guarantees before doing so.

Iran has also issued a sharp warning that prominent American corporations could face retaliation if Iranian figures continue to be killed.

U.S. stocks posted their best single-day gains since May after reports emerged that the Iranian President signalled willingness to negotiate an end to the conflict, and President Trump indicated the U.S. would be 'leaving' Iran 'very soon.'"

VK Vijayakumar, Chief Investment Strategist, Geojit Investments said:

"There are indications of de-escalation of the war from the statements issued by the Iranian authorities. Iranian president’s ‘openness to ending the war’ and confirmation from the Iranian foreign minister that ‘messages were exchanged with the U.S.’ indicate that the war might end soon. This view is getting reflected in declines in crude prices and US bond yields. The market might start discounting de-escalation earlier than the event.

In the March series, the Bank Nifty suffered the worst cut with crash of around 17 %. This segment holds the promise of sharp recovery when the market bounces back. Leading private sector bank has been beaten down on non-fundamental issues. For long-term investors, this presents a buying opportunity.

Many stocks across sectors were marked sharply down on March 30th due to selling triggered by tax harvesting. These stocks are due for a rebound today."

Broader markets outperform benchmark indices, with the Nifty Midcap 100 index rallying 2.9% and the Nifty Smallcap 100 index skyrocketing 3.14%

Indian benchmark indices opened sharply higher on Wednesday, April 1, mirroring gains across global equities as easing geopolitical tensions in the Middle East lifted investor confidence. Optimism around a possible end to the ongoing US-Iran conflict helped fuel risk appetite, prompting a broad-based rally in domestic equities at the start of trade.

The upbeat sentiment followed fresh comments from US President Donald Trump, who said the conflict in the Middle East could be resolved within three weeks. Adding to hopes of de-escalation, Iran’s president said Tehran had “the necessary will” to bring the standoff to an end.

Sensex opened 1814.88 points or 2.52% higher at 73,762.43 while Nifty soared 567 points or 2.5% to start the day at 22,899.

Nifty 50 index formed a second consecutive strong bearish candle, marking a lower high and a lower low, which signals continuation of the ongoing downtrend.

“A long bear candle was formed on the daily chart, which is indicating a sharp reversal on the downside after a recent pullback rally of last week. This is not a good sign. The bearish chart pattern like lower tops and bottoms is intact on the daily chart and present weakness could be in line with the new lower bottom formation. But, there is no confirmation of any lower bottom reversal yet at the lows,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the underlying trend of Nifty 50 continues to be weak, and having declined below the immediate support of 22,500, Nifty 50 could now slide down to the next support of 22,000 - 21,900 levels in the near term. Immediate resistance is placed at 22,500.

In the derivatives segment, notable call writing activity was seen at the 22,500 strike, with additional buildup at the 22,600 strike. On the put side, strong writing interest was observed at the 22,300 and 22,200 strikes, indicating these levels may serve as near-term support, said Hitesh Tailor, Research Analyst - Research at Choice Equity Broking.

Japanese government bond yields fell on Wednesday, as optimism for de-escalation of the Middle East conflict eased concerns over inflation. The 10-year JGB yield fell 2.5 basis points to 2.330%, starting the new fiscal year on a positive note after the benchmark yield hit a nearly three-decade high last week.

The two-year JGB yield fell 1 bp to 1.365% and the five-year yield fell 2 bps to 1.760%. Bond prices move inversely to yields. U.S. President Donald Trump said the United States could end its military attacks on Iran within two to three weeks, and Tehran did not have to make a deal as a prerequisite for the conflict to wind down.

The bonds were sold heavily last week, sending the five-year bond yield to a record high, as rising oil prices fanned fears of inflation and the Bank of Japan's early interest hike. Investors adjusted positions at the end of the fiscal year, which also drove the heavy selloff, strategists said. (Reuters)

Sensex broke a key support line at 72,500 on Monday and closed at 71,947.

“Based on the current market structure, 72,500 could pose a significant hurdle for Sensex in the short term. Below these levels, the index could soon decline to 71,300 - 71,000. A close below 71,000 would raise further concerns. However, given the current pattern of sudden price declines in a short period of time, medium- to long-term investors may be tempted to invest in certain stocks,” said Shrikant Chouhan, Head Equity Research, Kotak Securities.

Above 72,500, we may see some short covering, which could take Sensex towards 73,100 levels. The strategy should be to buy certain stocks between 71,300 - 71,000, he added.

The dollar was largely steady, with gains from safe-haven demand fading. The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, fell 0.03% to 99.70. The euro rose 0.21% to $1.1576 and Sterling strengthened 0.21% to $1.3247. The Japanese yen gained 0.11% against the greenback to 158.55 per dollar.

Crude oil prices rose, with Brent front-month futures extending a record March rally as US-Iran war volatility kept markets jittery. Brent crude oil price gained 0.54% to $104.51 a barrel, while the US West Texas Intermediate (WTI) crude futures rallied 0.88% to $102.25.

Japan’s factory activity expanded at a slower pace in March. The final S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI) fell to 51.6 in March from a 45-month high of 53.0 in February, but slightly overshot the flash figure of 51.4.

US President Donald Trump said that American military operations against Iran could stop within two to three weeks, adding that Iran does not need to reach any agreement for the conflict to wind down.

Earlier, Iranian leader Masoud Pezeshkian told the head of the European Council the country had "the necessary will to end this conflict, provided that essential conditions are met -- especially the guarantees required to prevent repetition of the aggression".

US stock market ended with strong gains on Tuesday amid speculation about a potential de-escalation in the Middle East war.

The Dow Jones Industrial Average rallied 2.49% to 46,341.51, while the S&P 500 jumped 2.91% to end at 6,528.52. The Nasdaq closed 3.83% higher at 21,590.63. During the first quarter, the S&P 500 declined 4.6% year-to-date, while the Nasdaq plunged 7.1% and the Dow has fallen 3.6%

Nvidia stock price surged 5.6%, Alphabet shares jumped 5.1%, Meta Platforms share price rallied 6.7%, Microsoft shares gained 3.12%, Apple stock price rose 2.90%, Amazon shares advanced 3.66%, and Tesla stock price added 4.64%.

Asian markets rebounded sharply on Wednesday, April 1, after Donald Trump's remarks fueled optimism that the US-Iran war may end soon. President Trump said on Tuesday that U.S. military forces will leave Iran in two to three weeks, stating that his goal of eliminating the country’s nuclear threat has been achieved.

South Korea’s Kospi jumped nearly 5% in early trade, while the small-cap Kosdaq advanced 4.13%. The rally was supported by robust export data, with March shipments surging 48.3% year-on-year.

Japan's Nikkei 225 climbed 3.51%, while the broader Topix gained 3.17%.

Australia’s S&P/ASX 200 rose 1.76%, buoyed by strength in education-related stocks. Meanwhile, Hong Kong’s Hang Seng Index futures were last seen at 25,191, above the index’s previous close of 24,788.14.

The trends on Gift Nifty also signals a gap-up start for the benchmark indices, Nifty 50 and Sensex today. Gift Nifty was trading around 22,797 level, a premium of nearly 371 points from the Nifty futures’ previous close.

The Indian stock market is expected to open higher on Wednesday, following a rally in global markets, amid hopes that the US-Iran war in the Middle East can end soon.Pranati Deva is a seasoned financial journalist with over a decade of experience in high-pressure newsroom environments, currently working as a Senior Sub Editor at LiveMint. Over the years, she has developed a reputation for sharp editorial judgement, a strong grasp of market dynamics, and the ability to translate complex financial developments into clear, engaging stories for a wide audience.

Her core areas of coverage include stock markets, leading listed companies, currencies, and commodities, with a particular strength in fast-paced, real-time market reporting. She is known for handling breaking market news, earnings-driven stock movements, and macroeconomic developments with speed, accuracy, and context—qualities that are essential in financial journalism.

Pranati has built a diverse and credible professional track record across some of India’s most respected news organisations, including MintGenie, CNBC-TV18, Business Standard and EconomicTimes.com. During her stints at these platforms, she produced data-driven market stories, curated and steered live blogs during volatile trading sessions, and conducted interviews with market veterans, fund managers, economists, and industry experts. Her work often combines on-ground reporting with analytical depth, helping readers make sense of daily market fluctuations and longer-term trends.

An alumnus of the Symbiosis Institute of Media and Communications and Hansraj College, University of Delhi, Pranati brings a strong academic foundation to her journalism. She specialises in real-time financial reporting, with a keen focus on precision, balance, and insight, aiming to decode market movements in a way that is both informative and accessible to readers across experience levels.

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