Updated on: Apr 08, 2026 10:34:36 AM IST
The National Stock Exchange building in Bandra Kurla Complex, Mumbai.
India’s stock market surged at the open today, tracking a global rally and sharp drop in crude oil prices after two-week Iran ceasefire. Against that backdrop, the Reserve Bank of India held the repo rate at 5.25% today. The 30-share S&P BSE Sensex gained as much as 3.71%, or 2,775.73 points, for an intraday high of 77,392.31, even as the wider NSE Nifty 50 rose 3.52%, or 815.2 points, to 23,938.85 points. All 16 major sectors advanced. The broader small-caps and mid-caps climbed 3.7% and 3.4%, respectively.
Other Asian markets climbed 4%, while crude prices slipped below $100 a barrel after Trump said the US would suspend bombing and attacks on Iran for two weeks and that talks were progressing toward a long-term peace agreement.
Iran war impact on Sensex, Nifty 50
The Nifty 50 and Sensex have dropped about 8.2% each since the Iran war began on 28 February, while the rupee slid to record lows, weighed down by elevated crude oil prices and record foreign outflows.
The Iran war had pushed oil prices above $100 a barrel, posing risks to the economy, corporate earnings and financial markets of India, the world’s third-largest oil importer.
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Other Asian markets climbed 4%, while crude prices slipped below $100 a barrel after Trump said the US would suspend bombing and attacks on Iran for two weeks and that talks were progressing toward a long-term peace agreement.
Iran war impact on Sensex, Nifty 50
The Nifty 50 and Sensex have dropped about 8.2% each since the Iran war began on 28 February, while the rupee slid to record lows, weighed down by elevated crude oil prices and record foreign outflows.
The Iran war had pushed oil prices above $100 a barrel, posing risks to the economy, corporate earnings and financial markets of India, the world’s third-largest oil importer.
Follow all the updates here:
Apr 08, 2026 10:10:38 AM IST
RBI holds repo rate at 5.25%
The Reserve Bank of India (RBI) held the repo rate at 5.25% in its first monetary policy decision of Fiscal 2027 and since the Iran war broke out, even as a two-week ceasefire announced earlier today cooled crude oil prices and boosted rupee. Read more.
Apr 08, 2026 9:54:10 AM IST
Stock Market LIVE: Bajaj Finance up most in 2 months
Shares of Bajaj Finance Ltd. surged the most in nearly two months after India’s largest NBFC said that its assets under management rose 22% YoY to cross the ₹5 lakh crore mark in Q4 FY26. The deposit book, however, was weak — down 4% YoY at ₹68,550 crore.
Apr 08, 2026 9:38:40 AM IST
Stock Market LIVE: Titan shares up > 5% after Q4 update
Shares of Titan Co. Ltd. gained more than 5% today after the Tanishq jewellery maker said its consolidated revenue grew 46% year-on-year in Q4 FY26, as per a provisional update.
The domestic jewellery segment grew about 46% over the year-ago period on like-for-like growth across jewellery retail formats.
During October-December, Tanishq added eight new stores in India and converted four Damas stores overseas. As on 31 December, its retail network stood at 3,603 stores.
Apr 08, 2026 9:32:52 AM IST
Stock Market LIVE: L&T, IndiGo, Asian Paints, Adani Ports
Apr 08, 2026 9:27:25 AM IST
Stock Market LIVE: IndiGo share up 10% on Iran ceasefire
Shares of InterGlobe Aviation Ltd., operator of India’s biggest airline IndiGo, surged as much as 10% to ₹426.80 apiece on the BSE after the Iran ceasefire. IndiGo gains on two fronts — cheaper jet fuel due to cooler crude and relaxation in flight routes to West Asian cities.
Apr 08, 2026 9:25:18 AM IST
Stock Market LIVE: Indian Oil, HPCL, BPCL surge
Shares of India’s oil marketing companies—Indian Oil Corp. Ltd., Bharat Petroleum Corp. Ltd. (BPCL) and Hindustan Petroleum Corp. Ltd. (HPCL) rose 6.15%, 7.65% and 7.77%, respectively, after the Iran war ceasefire cooled crude oil prices to under $100/barrel.
Apr 08, 2026 9:23:22 AM IST
Stock Market LIVE: India VIX slips 18%
India’s Volatility Index slipped 18.10% to 20.23% on Iran ceasefire.
Apr 08, 2026 9:21:00 AM IST
Stock Market LIVE: Sensex, Nifty 50 surge at opening bell
The 30-share S&P BSE Sensex surged 3.58%, or 2,674.05 points, to reclaim the 77,000 levels even as the Nifty 50 gained 731.50 points to 23,855.20 points. That, after crude oil prices cooled below $100/barrel.
All Nifty 50 stocks rose, except ONGC Ltd. InterGlobe Aviation Ltd. (IndiGo) and Larsen & Toubro Ltd. were the top gainers.
Nifty Bank is up over 4%, with all constituents in the green.
Apr 08, 2026 9:15:39 AM IST
MCX Gold jumps after Iran ceasefire deal
Gold prices on India’s Multi Commodity Index surged after crude oil prices fell due to the two-week Iran ceasefire.
At 9:00 am, MCX Gold April Futures contract rose 2.13%, or ₹3,161, to ₹1,51,894/10 gm, while the MCX Silver May futures gained 5.01%, or ₹11,602, to ₹2,42,950 per kg.
Apr 08, 2026 9:10:21 AM IST
Stock Market LIVE: Sensex up 2,500 points, Nifty 50 tops 24,000
The 30-share S&P BSE Sensex surged 2,500 points to reclaim 77,000 levels in pre-opening trade, even as the wider NSE Nifty 50 crossed 24,000 points.
Apr 08, 2026 9:06:29 AM IST
INR USD: Rupee gains against US Dollar on Iran ceasefire
The rupee has strengthened 0.4% to 92.6750/dollar after the Iran ceasefire cooled crude oil prices. The 10-year bond yield opened at 6.95% versus yesterday’s close of 7.05%.
Apr 08, 2026 8:47:16 AM IST
Iran ceasefire offers rupee major boost ahead of RBI policy
The Indian rupee is set to open higher on Wednesday in the run‑up to the RBI monetary policy decision, buoyed by plunging oil prices and the rally in Asian currencies after a two‑week Iran ceasefire.
The rupee is likely to open in the 92.40-92.50 range versus the U.S. dollar, having settled at 93.0075 on Tuesday.
