Stock Market Live Updates: Nifty50 and BSE Sensex opened in green on Wednesday as oil prices dropped. Stock markets have been under pressure, weighed down by high crude oil prices and a falling rupee. Chart indicators point to continued weakness, with the Nifty staying below its 50-day EMA for eight straight sessions, reinforcing the prevailing downtrend. However, the broader trend remains constructive as long as the Nifty holds above 23,800, though some consolidation in the near term cannot be ruled out, say analysts. Oil prices declined for a second consecutive session, as expectations built that supply disruptions from the Middle East could ease if a peace deal materialises.
Nifty Today Live: Nifty Trading Targets and Outlook
With the Iran cease-fire still seemingly intact, oil prices retreated today, giving the market some room to run, says Vikram Kasat, Head Advisory, PL Capital. He shares his views on Nifty and stock recommendations: Great progress has been made with Iran: Trump. Nasdaq rose 1%, while S&P 500 gained 0.8%. Both closed at fresh records. Dow Jones rose 0.7%. While there has been no real uptick in traffic through the Strait of Hormuz, the fact that the cease-fire remains in effect was enough to temper oil prices. Nifty at 24,032.80, 6th consecutive day inside the same narrow range. Key Level to watch: 24,300. Close above 24,300 → Bullish trigger. Till then → Range-bound, stay patient. Trading Buy: IRCON, BIOCON & Ambuja Cement.
Stock Market Live Today: South Korea’s Kospi Hits Record High
South Korea’s benchmark index staged a sharp rally on Wednesday, with the Kospi surging nearly 7% to reach a new record high, driven largely by a strong jump in semiconductor stocks. Shares of Samsung Electronics climbed close to 13%, as optimism around artificial intelligence-led growth and improving prospects of a resolution to the ongoing US-Iran conflict lifted investor sentiment. Another key chipmaker, SK Hynix, also saw its stock advance about 10% in early trade, reflecting continued demand expectations for AI-related components, where both companies play a crucial role. Markets found additional support from reports that Iranian officials were heading to China ahead of a planned meeting between US President Donald Trump and Chinese President Xi Jinping, which helped ease concerns and stabilise oil price volatility. After remaining shut on Tuesday due to a holiday, South Korea’s market reopened on Wednesday with strong momentum, rising 6.7% in early trade to 7,398.34. Elsewhere in the region, most Asian markets also traded higher, although Japan remained closed for a holiday. Australia’s S&P/ASX 200 advanced nearly 1% in morning deals, while Hong Kong’s Hang Seng index gained 0.7% and China’s Shanghai Composite moved up 1%.
Nifty Today Live: Nifty Outlook
Post a few uncertain moments below our downside marker of 23,940; recovery unfolded yesterday, easing collapse fears. While the threat of 23,780-560 remains, yesterday’s long lower wicked candle points to the potential for a positive open today. We will wait for a direct rise above 24,334, last week’s peak, to confirm upside, but ability to float above 24,150 could suffice as a positive sign, says Anand James, Chief Market Strategist, Geojit Investments Limited.
Stock Market Live Today: What’s the Outlook for Small Caps?
After a strong rally last month, the question now is whether small-cap stocks can extend their momentum. The Nifty Smallcap 100 index surged an impressive 18% in April—its third-biggest monthly rise since it was launched in March 2011—raising expectations of further upside in the coming year. Historical trends offer some encouragement. Data from Valentis Advisors quoted in an ET report shows that in six out of the past seven occasions when the index climbed more than 15% in a single month, it went on to deliver gains over the following 12 months. Short-term performance has also typically remained supportive after such sharp moves. The index recorded positive returns in five instances over the next month and in six cases over a three-month horizon. However, the current scenario differs from earlier cycles, as higher valuations in the small-cap space could limit the scope for further gains. According to Jyotivardhan Jaipuria, founder and managing director at Valentis Advisors, the outlook for small caps remains constructive over an 18–24 month period, though elevated valuations compared with previous phases may restrict returns relative to historical averages. The April rally followed a difficult phase in March, when the index dropped 10% amid geopolitical tensions, extending a broader correction that had begun in September 2024. While the sharp rebound helped recover part of those losses, it also pushed valuations to higher levels. Abhilash Pagaria, head of Alternative and Quantitative Research at Nuvama Wealth, noted that although small-cap valuations are currently above long-term averages, there may still be room for a modest 5–7% upside in the near term. He added that markets have largely factored in risks from elevated oil prices, but a sharp rise beyond $125 per barrel could trigger renewed selling pressure.
Stock Market Live Today: ‘Investors Have to Be Mindful About Present Market Valuations’
"Since the war began the market has been moving up and down in response to news from the war front and fluctuations in the price of crude. Declarations by leaders of US and Iran, particularly by President Trump, had lost all credibility due to their notorious inconsistency. Therefore, the market will be careful while responding to the latest declaration by Secretary of State Marco Rubio that “operation Epic Fury is concluded”. The crude market has responded positively to the declaration with Brent declining to around $108. Investors have to be mindful about present market valuations. Nifty is now trading around 20 times TTM earnings while Nifty Midcap and Nifty Smallcap indexes are trading at 35 times and 30 times respectively. Clearly valuation comfort is in largecaps. High valuation in the broader market can be justified only in the case of stocks with high growth potential. In the short run this valuation dichotomy may sustain but not in the long run. When the AI trade ends and FIIs stop selling/ start buying in India, largecaps will outperform," says VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
Sensex Today Live: Stock Markets Open in Green
Stock market today: Nifty50 and BSE Sensex opened in green on Wednesday as oil prices dropped in international markets. While Nifty50 closed 24,200, BSE Sensex rose over 600 points in opening trade. At 9:16 AM, Nifty50 was trading at 24,199.70, up 167 points or 0.69%. BSE Sensex was at 77,539.15, up 521 points or 0.68%.
Stock Market Live Today: HDFC Bank’s Trade View
"In a fresh bout of ever-changing headlines around the US-Iran conflict, market sentiments improved as Trump signaled progress towards an agreement with Iran. The developments unfolded a day after an escalation in the conflict, raising doubts over the durability of the current ceasefire. Brent crude oil prices moderated to USD 108 pbl (at the time of writing) while the US dollar index traded lower at 98.28. For the domestic market, although improved risk sentiments could provide some stability, we expect the USD/INR pair to continue trading with a depreciation bias given that crude oil prices continue to remain above $100 pbl. In the near-term, we expect the pair to trade in the range of 94.80-96. That said, if a peace deal is agreed upon over the coming days, we could see a knee jerk reaction in the currency and a shift down in the trading range below the 95 level," says HDFC Bank in its note.
Stock Market Live Today: Oil Drops, Samsung Crosses $1 Trillion Market Cap
Oil prices continued to decline on Wednesday, while equity markets advanced, as renewed optimism over a possible end to the Iran conflict and the reopening of the Strait of Hormuz lifted sentiment. At the same time, Samsung crossed the $1 trillion market capitalisation mark, buoyed by the ongoing surge in artificial intelligence-driven demand. Market participants responded positively to US President Donald Trump’s move to temporarily halt operations aimed at assisting stranded vessels in the strategic waterway—a step that had previously drawn attacks from Iran and put additional strain on an already delicate ceasefire. Having earlier issued strong warnings against Iran over any attacks on US ships, Trump adopted a more measured tone on Tuesday. In a social media post, he announced that “Project Freedom,” which focuses on enabling ship movement through the Strait of Hormuz, would be paused briefly to allow time for a potential agreement to be finalised. He pointed to significant progress in negotiations with Iranian representatives as the reason behind the decision. Despite this, the United States continues to maintain its blockade of Iranian ports.
Stock Market Live Today: Oil Prices Dip
Crude oil prices extended their decline for a second straight session on Wednesday, as optimism grew that supplies from the Middle East could start normalising. The sentiment followed remarks by US President Donald Trump, who hinted at the possibility of a peace agreement with Iran that could bring an end to the ongoing conflict. Brent crude for July delivery slipped by $1.52, or 1.38%, to $108.35 per barrel as of 0103 GMT, adding to a 4% drop in the previous session. Similarly, US West Texas Intermediate futures for June fell $1.50, or 1.47%, to $100.77, after having declined 3.9% a day earlier. On Tuesday, Trump unexpectedly announced a temporary halt to efforts aimed at escorting vessels through the Strait of Hormuz, pointing to progress in negotiations toward a broader deal with Iran, though he did not elaborate on the specifics. There was no immediate response from Tehran, where it was still early morning. Despite the pause in that operation, Trump indicated that the U.S. Navy would maintain its blockade of Iranian ports. The Strait of Hormuz—through which roughly one-fifth of global oil and gas supplies typically pass—has remained largely disrupted since the onset of the U.S.-Israeli conflict with Iran on February 28.
Nifty Today Live: Bajaj Broking Bank Nifty Outlook
Index formed a high wave candle with a lower high and a lower low signaling consolidation with corrective bias. Overall, we expect the Bank Nifty to extend consolidation in the broad range of 54,000-56,500 amid stock specific action as we progress through the quarterly earning session of the banking stocks. Within the consolidation a move above of 55,000 levels being the trendline resistance joining recent highs will signal extension of the pullback towards the 56,500 levels. While a breach below the key support area of 54,000 will signal extension of the decline towards 52,500 levels being the gap area of the 8th April. Index has immediate support around 54,000 levels being the confluence of the recent low and 38.2% retracement of the last 3 weeks pullback (49,955-57,456).
Stock Market Live Today: What Should Investors Focus On?
As the Nifty continues to consolidate, the focus should remain on identifying stocks based on sectoral trends while maintaining a balanced approach. We reiterate our preference for energy, metals, and pharma, along with themes such as defence and railways for long positions, while banking and IT may continue to remain subdued, says Ajit Mishra – SVP, Research, Religare Broking Ltd.
Nifty Today Live: ‘Nifty Is Expected to Consolidate’
According to Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, Nifty is expected to consolidate in the near term, with markets likely to remain sensitive to developments in West Asia. While positive domestic macros, steady Q4 earnings and intermittent FII buying have provided near-term support, elevated crude prices, currency weakness and geopolitical uncertainties are key overhang. On the political front, the outcome of multiple state elections is expected to be viewed positively by the market. "These results carry longer-term implications for economic growth across the involved states, particularly in West Bengal, where structural changes could unfold over time. We expect that once the impact of the election outcome is absorbed, the market focus would shift back to near-term triggers, including any progress in the West Asia, sector-specific news flow and the ongoing 4QFY26 earnings season. The earnings season so far has been largely in line with expectations, with a modest positive bias. Among 109 companies under Mofsl coverage that have reported, sales have been 1.6% ahead of estimates and PAT 2.6% above expectations. Sectorally, banks, consumer, consumer durables, healthcare, metals and retail have delivered notable beats, while autos, NBFCs, Oil&Gas and utilities have reported misses at the aggregate PAT level. On Tuesday, Indian markets came under pressure amid escalating tensions in West Asia and the rupee hitting all time lows. Iran intensified attacks in the Middle East, targeting critical energy infrastructure in the UAE, rose concerns over supply disruptions. Brent crude surged to an intraday high of USD 115 per barrel, heightening inflation concerns for oil-importing economies like India. The Nifty 50 closed at 24,033 (-0.4%), while broader markets remained relatively resilient, with the Midcap100 and Smallcap100 indices gaining 0.2% and 0.3%, respectively. The Indian rupee weakened to a record low of 95.5/USD, reflecting pressure from elevated crude prices and heightened geopolitical uncertainty," he said.
Nifty Today Live: Bajaj Broking Nifty Outlook
Index formed a Doji candlestick pattern with a long lower shadow highlighting buying demand at lower levels around the last two weeks lows around 23,800-23,900 as the index continues to consolidate around the 20 days EMA. In line with our expectations Nifty is witnessing consolidation in the broad range of 23,550-24,400 amid stock specific action as we progress through the quarterly earning session. Within the consolidation index holding above last two weeks lows around 23,800-23,900 will signal extension of the pullback towards the upper band of the range placed around 24,400 levels. While a close below last two weeks identical lows will open downside towards the lower band of the range placed around 23,550 levels. Short-term support is positioned around 23,550 levels being the confluence of the recent major low and 38.2% retracement of the last 3 weeks pullback (22,183-24,601).
Stock Market Live Updates: In terms of flows, foreign institutional investors were net buyers of equities worth Rs 3,621 crore on Tuesday, while domestic institutional investors also remained supportive, purchasing shares worth Rs 2,602 crore. Asian markets advanced in early trade as oil prices slipped and optimism grew over progress toward a potential US-Iran agreement. Futures for the S&P 500 edged up 0.2% as of mid-morning in Tokyo, Australia’s S&P/ASX 200 rose 0.5%, and Euro Stoxx 50 futures gained 0.6%. Globally, sentiment offered some support. US markets ended Tuesday on a strong note, with both the S&P 500 and Nasdaq closing at record highs, driven by gains in Intel and other AI-linked stocks. Investor confidence improved after confirmation that the ceasefire between the US and Iran was holding, easing concerns over further escalation in the Strait of Hormuz.
