The SGX Nifty March 2026 futures are presently trading 80.50 points higher, indicating a favorable opening for the benchmark index today.
Institutional Flows:
On 25 March 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 1,805.37 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 5,429.78 crore in the Indian equity market. Foreign Institutional Investors have divested shares amounting to Rs 107,010.05 crore in March (up to 25 March 2026). This follows their cash sales of Rs 6,640.78 crore in February and Rs 41,435.22 crore in January 2026.
Global Markets:
Asian markets experienced a decline on Friday after a turbulent trading session on Wall Street the previous night, as the likelihood of a peace agreement in the Middle East appeared uncertain due to conflicting signals from the U.S. and Iran. President Donald Trump has postponed his Friday deadline for a potential strike on Iran’s energy infrastructure by an additional 10 days, now set for April 6, to facilitate further negotiations. The extension was requested by the government of the Islamic Republic, according to Trump, and was granted in return for 10 oil tankers that traversed the Strait of Hormuz as a “present” from Tehran. Washington has recently indicated a preference for a negotiated resolution to the conflict and has maintained that discussions with the Islamic Republic have been in progress. Tehran has refuted claims of engaging in direct negotiations with the United States.
It has been reported that the 15-point proposal put together by the U.S. was rejected, with the opposing party presenting their own set of conditions. These conditions include a guarantee that the U.S. and Israel will refrain from resuming attacks on the nation, as well as recognition of its authority over the Strait of Hormuz. Oil prices declined as tensions eased in the nearly month-long conflict. The West Texas Intermediate for May delivery declined by 1.8% to $92.82 per barrel as of 8:30 p.m., whereas international benchmark Brent crude oil futures decreased by 1.92% to $105.9 a barrel. In the January-February period, China’s industrial profits experienced a notable increase of 15.2% compared to the same timeframe last year, according to data released by the National Bureau of Statistics on Friday. This marks a continuation of a significant recovery following a 5.3% rise in December.
Overnight on Wall Street, the S&P 500 experienced a decline on Thursday, influenced by rising oil prices, as market participants monitored the latest updates from the Middle East. The broad market index experienced a decline of 1.74%, concluding at 6,477.16, whereas the Nasdaq Composite fell by 2.38%, closing at 21,408.08. The technology-focused index has entered correction territory, having declined over 10% from its peak value. The Dow Jones Industrial Average experienced a decline of 469.38 points, equivalent to 1.01%, concluding at 45,960.11.
Domestic Market:
The primary equity indices concluded the trading day with notable increases on Wednesday, continuing their relief rally for a second consecutive session. The upward movement was bolstered by favorable global indicators following indications of potential de-escalation in tensions in the Middle East and a drop in crude oil prices beneath the $100 per barrel threshold. Despite the gains, sentiment remained cautious as traders observed the uncertainty surrounding the reopening of the Strait of Hormuz.
The Nifty concluded the trading session above the 23,300 mark, driven by advancements in consumer durables and public sector bank equities. The S&P BSE Sensex surged by 1,205 points, reflecting a gain of 1.63%, reaching a level of 75,273.45. The Nifty 50 index experienced an increase of 394.05 points, reflecting a rise of 1.72%, reaching a level of 23,306.45. In the two consecutive trading sessions, the Sensex and Nifty experienced increases of 3.54% and 3.53%, respectively.