The SGX Nifty April 2026 futures are presently down by 272 points, indicating a significant decline for the benchmark index at the start of trading today.
Institutional Flows:
On 10 April 2026, provisional data indicated that foreign portfolio investors (FPIs) acquired shares valued at Rs 672.09 crore, whereas domestic institutional investors (DIIs) were net buyers amounting to Rs 410.05 crore in the Indian equity market. The foreign institutional investors had divested shares amounting to Rs 38,972.63 crore in April (up to 10 April 2026). This follows their 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 experienced a decline on Monday, as investors assessed the implications of a U.S. naval blockade on Iran’s ports following unsuccessful negotiations between Washington and Tehran aimed at resolving the ongoing conflict in the Middle East. The collapse of negotiations over the weekend in Islamabad has raised concerns that the U.S.-Iran conflict may extend beyond initial expectations, resulting in increased oil prices that are likely to exert further pressure on global economies. Crude oil prices experienced a significant increase on Sunday following the conclusion of talks that resulted in no agreement, alongside the U.S. advancing towards a blockade of Iranian port traffic. Brent crude has shown an increase of 6.71%, reaching a price of $101.59 per barrel. Reports indicate that U.S. President Donald Trump is considering the possibility of resuming airstrikes on Iran.
Last week, Trump consented to a two-week ceasefire on Tuesday, contingent upon Tehran permitting ships to navigate through the strait. He had previously issued threats to bomb every bridge and power plant in Iran. Last week, the Dow industrials concluded a robust week on a negative note following the announcement of inflation reaching its highest level in almost two years. The March CPI report indicated a price increase of 0.9% compared to the previous month and 3.3% year-over-year, marking the most significant annual rise since May 2024. As a result, U.S. stocks concluded the trading session on Friday with a mixed performance. The Dow decreased by approximately 269.23 points, representing a decline of 0.56%, closing at 47,916.57, while the S&P 500 fell by 7.77 points, or 0.11%, finishing at 6,816.89. Meanwhile, the Nasdaq Composite index increased by 80.48 points, reflecting a rise of 0.35%, reaching a total of 22,902.89.
In analyzing consumer prices, it is evident that nearly three-quarters of the monthly increase can be attributed to rising gasoline prices. Food inflation has shown a decrease, and generally, the results aligned with the forecasts made by economists. In April, consumer sentiment declined to its lowest point recorded by the University of Michigan survey, reflecting increased apprehensions among Americans regarding the impact of the Iran war on the domestic economy.
Domestic Market:
The primary equity indices concluded the trading session on Friday with notable increases, bolstered by a positive shift in risk sentiment. Positive sentiment regarding a possible US-Iran ceasefire, declining oil prices under $100, a surge in global markets, and a robust rupee have bolstered investor confidence. The Nifty concluded at the 24,050.60 level, driven by advancements in the auto and financial services sectors.
Nonetheless, the potential for growth was somewhat limited by the underperformance of IT stocks. Despite the robust finish, investors maintained a cautious stance in anticipation of the forthcoming Q4 earnings season. The S&P BSE Sensex experienced a notable increase of 918.60 points, reflecting a rise of 1.20%, reaching a level of 77,550.25. The Nifty 50 index experienced an increase of 275.50 points, reflecting a rise of 1.16%, reaching a level of 24,050.60.