The SGX Nifty April 2026 futures are presently up by 5.50 points, indicating a neutral start for the benchmark index today.
Institutional Flows:
On 04 May 2026, provisional data indicated that foreign portfolio investors (FPIs) acquired shares valued at Rs 2,835.62 crore, whereas domestic institutional investors (DIIs) were net buyers amounting to Rs 4,764.16 crore in the Indian equity market. In April, the foreign institutional investors divested shares amounting to Rs 70,135.46 crore. This is in line with 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:
Asian markets exhibited a mixed performance on Tuesday, reflecting a diminished risk appetite amid escalating tensions in the Strait of Hormuz. Trading volumes remained subdued as markets in Japan, China, and South Korea were closed. Investor sentiment sharply declined following Iran’s strikes in retaliation to a U.S. operation aimed at reopening the Strait of Hormuz. The recent development posed a risk to an already fragile ceasefire between the U.S. and Iran; however, remarks from Iranian officials suggested that discussions between the two parties were continuing to advance.
Overnight on Wall Street, stocks declined on Monday as recent events in the Middle East drove oil prices up, raising additional concerns about regional instability. The Dow Jones Industrial Average declined by 557.37 points, representing a decrease of 1.13%, finishing at 48,941.90. The S&P 500 decreased by 0.41%, closing at 7,200.75, whereas the Nasdaq Composite fell by 0.19%, finishing at 25,067.80.
Domestic Market:
The domestic equity benchmarks experienced a rebound on Monday, bouncing back from the sell-off seen in the previous session as widespread buying enhanced market sentiment. Gains were bolstered by strong auto sales data from April, positive election trends in West Bengal, and Q4 earnings that exceeded expectations. The benchmarks commenced trading on a strong footing, with the Nifty 50 approaching the 24,300 level in the initial session. Nonetheless, mid-session profit taking reduced the gains, yet the index successfully closed above 24,100, bolstered by the performance of metal and healthcare stocks.
Investor sentiment exhibited a cautiously optimistic outlook, even as concerns persisted regarding tensions in West Asia and the US-led “Project Freedom” initiative aimed at reopening the Strait of Hormuz. Heightened Brent crude prices and strain on the rupee limited additional gains, while the current earnings announcements influenced movements specific to individual stocks. The S&P BSE Sensex increased by 355.90 points, reflecting a rise of 0.46%, reaching a total of 77,269.40. The Nifty 50 index experienced an increase of 121.75 points, reflecting a rise of 0.51%, reaching a level of 24,119.30.