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tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 7th April 2026.
Indian equity markets are poised for a strong gap-up opening, supported by improving global sentiment after de-escalation between the US and Iran. Gift Nifty signals an over 800-point jump, tracking a global relief rally as crude oil prices plunged below $100, easing concerns over supply disruptions through the Strait of Hormuz. The fall in oil is expected to benefit India by lowering inflation and supporting the currency.
Global equities have rallied sharply, with gains across US and Asian markets signalling a risk-on mood. Analysts expect reduced volatility and renewed buying interest, particularly in sectors hit by high crude prices. However, caution persists as the ceasefire remains fragile. Investors will also closely track the RBI’s policy outcome for cues on inflation, growth and liquidity outlook.
Top technical cues for today’s trade
* Nifty gap-up opening above 23,700–23,800 likely; watch for follow-through buying
* Immediate resistance: 24,000 – 24,150 zone
* Key support: 23,500, followed by 23,300
* Short-term trend turning bullish after higher lows formation
* Break above 24,000 can confirm bullish continuation pattern
* Previous breakdown zone near 24,200–24,300 remains a major hurdle
* Positive: IT, FMCG, Paints, Aviation (benefit from lower crude)
* Watch for bounce: Auto, Chemicals
* Caution: Oil & Gas upstream if crude continues falling
Bank Nifty view
Support: 51,500 – 51,000
Resistance: 52,800 – 53,200
Needs sustained move above 53,000 for strong upside
Trading strategy
Buy on dips strategy favoured above 23,500
Avoid chasing at open; look for intraday pullbacks
Breakout trades only above 24,000 with volume confirmation
- April 8, 2026 08:19
Nifty seen rebounding 800 points on easing West Asia tensions
- April 8, 2026 08:08
“Productive talks on US-India ties”: Sergio Gor meets Commerce Secretary Lutnick
- April 8, 2026 07:57
LIC board to consider first bonus share issue on April 13
- April 8, 2026 07:49
15 stocks including Infosys, GAIL, Lupin, SRF to be in focus on Wednesday
- April 8, 2026 07:34
Oil tumbles, equities jump as Hormuz reopening fuels relief rally
- April 8, 2026 07:27
Missile alerts continue in Israel, UAE despite US-Iran ceasefire
- April 8, 2026 07:23
China pushes Iran towards ceasefire as global tensions rise
- April 8, 2026 07:18
Oil falls below $100 after US, Iran agree to two-week ceasefire
Oil prices plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that could pause the American-Israeli military campaign in return for Tehran reopening the Strait of Hormuz. Brent crude fell as much as 16% to trade near $94 a barrel, while West Texas Intermediate saw its steepest drop in nearly six years, last around $96. – Agencies
- April 8, 2026 07:12
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- April 8, 2026 06:59
AI, creators and quick commerce to power India’s ecommerce growth to $250 billion
- April 8, 2026 06:50
US, Iran, Israel reach 2-week ceasefire deal as Trump steps back from escalation
- April 8, 2026 06:50
Tata Sons Chairman Chandrasekaran may not seek third term
- April 8, 2026 06:48
India reduces landing and parking charges by 25% for domestic flights
- April 8, 2026 06:39
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- April 8, 2026 06:36
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- April 8, 2026 06:36
Aluminium futures: Breakout likely
- April 8, 2026 06:36
Trading Guide for April 8, 2026: Intraday supports, resistances for Nifty50 stoc
- April 8, 2026 06:35
Stock to buy today: Welspun Corp (₹878.85) – BUY
Published on April 8, 2026










