The SGX Nifty April 2026 futures are presently down by 349.50 points, indicating a sluggish opening for the benchmark index today.
Institutional Flows:
On 01 April 2026, provisional data indicated that foreign portfolio investors (FPIs) divested shares amounting to Rs 8,331.15 crore, whereas domestic institutional investors (DIIs) recorded net purchases totaling Rs 7,171.80 crore in the Indian equity market. In March, the foreign institutional investors sold shares amounting to Rs 122,540.41 crore. This comes after 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 reversal of gains on Thursday as investors evaluated President Donald Trump’s remarks regarding the conflict in Iran. In his address, Trump emphasized that the U.S. goals in Iran were nearly achieved and asserted that “we have all the cards” in the ongoing conflict. He also indicated that Washington will take significant action against Iran “very hard” over the next two to three weeks. On Wednesday morning in the U.S., Trump asserted that the “New Regime President” of Iran had requested a ceasefire from the U.S., a statement that Tehran has allegedly refuted. Trump stated that the U.S. will “consider” the offer only once the Strait of Hormuz is “open, free, and clear,” he mentioned on a social media platform.
According to a media report, Trump previously expressed his willingness to conclude the U.S. military campaign against Iran, even in the event that the Strait of Hormuz remained closed. Overnight on Wall Street, stocks experienced an uptick on Wednesday, while oil prices saw a decrease at the beginning of the month, fueled by increasing optimism regarding a potential resolution to the U.S.-Iran conflict. The S&P 500 advanced by 0.72%, closing at 6,575.32, while the Nasdaq Composite saw a gain of 1.16%, settling at 21,840.95. The Dow Jones Industrial Average increased by 224.23 points, representing a rise of 0.48%, closing at 46,565.74.
Domestic Market:
The primary equity indices concluded the trading session significantly higher on Wednesday, breaking a two-day decline. Market sentiment showed signs of improvement following indications from US President Donald Trump regarding a potential reduction of military operations related to Iran in the coming two to three weeks. Expectations for a reduction in tensions in the Middle East have alleviated geopolitical worries. Crude oil prices experienced a decline, as Brent approached the $100 per barrel threshold. US bond yields have also eased, bolstering risk appetite.
The Nifty concluded the session above the 22,650 threshold, driven by the performance of PSU banks and metal stocks. The recovery was further supported by appealing valuations following the recent correction and favorable global indicators. The S&P BSE Sensex experienced a significant increase of 1,186.77 points, reflecting a rise of 1.65%, reaching a total of 73,134.32. The Nifty 50 index surged by 348 points, reflecting a gain of 1.56%, reaching a level of 22,679.40. Over the last two trading sessions, the Sensex experienced a decline of 4.41%, whereas the Nifty saw a decrease of 4.18%.