The benchmark index may open red today as SGX Nifty April 2026 futures fell 55 points.
Flows at institutions
Provisional data showed that FPIs sold shares worth Rs 1,711.19 crore and DIIs bought Rs 955.90 crore in the Indian equity market on April 9, 2026. April FIIs sold Rs 39,644.72 crore in equities until April 9, 2026. This followed cash sales of Rs 122,540.41 crore in March, Rs 6,640.78 crore in February, and Rs 41,435.22 crore in January 2026.
Global Markets:
Asia markets traded mainly higher on Friday, but a shaky two-week U.S.-Iran ceasefire puts investors on edge as oil prices rise. The Strait of Hormuz has been closed for more than a month due to the Mideast conflict, and traffic remains restricted despite the ceasefire. The foreign minister of Iran stated it would reopen the strait if all attacks against the country stopped. Israeli media said that they had also accepted the ceasefire. President Donald Trump paused Iran assaults on Tuesday.
In China, factory-gate prices rose for the first time in three years and the consumer price index jumped 1% in March. The S&P 500 rose overnight while oil prices fell. S&P 500 closed at 6,824.66, up 0.62%; Nasdaq Composite closed at 22,822.42, up 0.83%. The Dow Jones Industrial Average increased 275.88 points, or 0.58%, to 48,185.80. For the year, the 30-stock index rose 0.25%.
Domestic Market:
The key equity benchmarks fell dramatically on Thursday, ending a five-day gaining streak as investor morale worsened amid global concerns. The US-Iran ceasefire worried global markets, causing the fall. Investors stayed away before TCS’s quarterly earnings to watch the IT industry, adding to the gloomy atmosphere. The weekly expiration of Sensex futures contracts increased volatility and pressured indices.
The Nifty fell below 23,800 due to banks and financial services stock losses. The S&P BSE Sensex fell 931.25 points (1.20%) to 76,631.65. The Nifty 50 fell 222.25 points, or 0.93%, to 23,775.10. Five consecutive trading sessions saw the Sensex rise 7.80% and the Nifty 7.46%.