Stock Market Live Today, April 1: The GIFT Nifty signalled a strong start for domestic markets, with the Nifty50 likely to open higher as global risk sentiment improved following comments by US President Donald Trump that the US-Iran conflict could end within two to three weeks. GIFT Nifty futures were quoted at 22,776.56, up 350.30 points.
Trump said the US could exit the conflict in the coming weeks, suggesting there may be little reason to prolong the war. On the Iranian side, President Masoud Pezeshkian reportedly indicated willingness to end the conflict, provided there are assurances that such aggression would not recur.
Global Cues
Asian markets traded firmly higher, led by South Korea’s Kospi, which surged over 5 percent. Japan’s Nikkei 225 and China’s CSI 300 were also up 3.9 percent and 1.3 percent, respectively.
Overnight on Wall Street, the S&P 500 and the Dow Jones Industrial Average advanced 2.5 percent and 2.9 percent, respectively, while the Nasdaq Composite gained 3.8 percent.
Commodities
Brent crude edged higher in the Asian session after data showed a sharp decline in US oil output. According to a Reuters report, US crude production fell by 410,000 barrels per day to 13.25 million barrels in January—the steepest drop since February 2025.
Brent crude’s April contract was trading at $105.46 per barrel, up 1.43 percent.
Gold and silver prices also rose nearly 1 percent, supported by hopes of a potential de-escalation in the Middle East conflict.
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