Stock Market Live Updates Today: BSE Sensex, Nifty50 Set for Muted Start; Global Crude Oil Prices Drop
Stock Market Live Updates Today: GIFT Nifty signals a muted start for Sensex and Nifty even as global crude oil prices have dropped. Experts are of the view that domestic equities could continue their gradual recovery if crude oil prices remain contained and worries over global energy supplies keep easing. However, investor confidence is likely to stay restrained as conflicting signals from ongoing US-Iran negotiations, coupled with recent US military action in southern Iran, have once again brought geopolitical concerns to the forefront. As a result, the outlook appears more measured than the strong rally witnessed last week had suggested.
Sensex Today Live: Where is Stock Market Headed Today?
Indian equities are likely to begin Friday’s session on a largely flat note as market participants monitor developments in West Asia and look for clarity on whether a proposed extension of the ceasefire between the United States and Iran will formally take effect. According to sources cited by Reuters, Washington and Tehran reached an understanding on Thursday to prolong the ceasefire and ease restrictions on maritime movement through the Strait of Hormuz. However, the arrangement is yet to receive approval from US President Donald Trump, while Iranian state media reported that the agreement had not been finalised. At 7:52 a.m. IST, GIFT Nifty futures were trading at 23,890.05, indicating that the benchmark Nifty 50 could open close to Wednesday’s closing level of 23,907.15. Meanwhile, Brent crude prices slipped to around $93 a barrel, while Asian equities advanced 1.6%, supported by optimism surrounding the proposed US-Iran deal and continued enthusiasm around artificial intelligence-driven stocks. Ponmudi R, Chief Executive Officer of Enrich Money, said the sharp correction in crude oil prices and progress toward a potential truce between the US and Iran were positive factors for equity markets. However, he noted that persistent selling by foreign investors and uncertainty over the final approval of the agreement could restrict any significant upside in the near term.
Nifty Today Live: Bajaj Broking Bank Nifty Outlook
Index in the daily chart formed a second consecutive high wave candle with a small real body and shadows in either direction signaling consolidation amid stock specific action after recent strong up move. Bank Nifty earlier during the week has generated a breakout above the last 9 sessions consolidation range (54,400-52,800) signaling strength. Index sustaining above the Monday’s gap area (54,055-54,590) will keep the bias positive and will open further upside towards 56,000 and 56,600 levels in the coming sessions being the measuring implication of the recent consolidation range. Index has immediate support at 54,000 levels, failure to hold above 54,000 will signal extension of the consolidation. While major support is placed at 53,000-52,500 being the confluence of the lower band of the 8th April bullish gap area and the 61.8% retracement of the previous pullback (49955-57456).
Stock Market Live Today: Gradual Recovery in Stock Market?
A gradual recovery in domestic markets could be sustained if crude oil prices remain soft and global energy supply concerns continue to recede. However, sentiment is likely to remain guarded — mixed signals from the US-Iran negotiating process, compounded by fresh US military strikes in southern Iran, have revived geopolitical risk premiums that markets had begun to price out. The path forward is narrower than last week's rally implied. The Nifty 50 was effectively flat on Wednesday, declining -0.03%, with the Midcap 100 and Smallcap 100 posting modest gains of 0.4% and 0.2% respectively. The Midcap 100 also touched a fresh record high of 62,704.10 during the session. Sensex weekly and monthly derivatives expiry added to the cautious undertone. Brent crude softened 3.5% to USD 93 per barrel, extending its retreat from above USD 100, though the move provided limited comfort given that the underlying conflict drivers remain unresolved. Metals and Power emerged among the stronger sectors. The Nifty Metal Index gained 3% to a record high, aided by increase in metal prices, continued infrastructure-led demand, and healthy Q4FY26 earnings, with several companies reporting margin improvement across ferrous and non-ferrous segments. Ongoing capacity additions also continue to support growth visibility. The BSE Power Index also rose nearly 3% to a fresh high, as Q4FY26 earnings reflected strong execution and sustained order inflows across the power equipment and transmission & distribution segments. Healthy order books continue to provide visibility on revenue growth over the coming quarters. On the policy and capital markets front, two OFS-related developments warrant attention. The government is reportedly preparing to formally market a circa 2% stake sale in LIC, expected to raise up to ₹10,000 crore, with institutional marketing likely beginning next month and execution targeted for late June or early July. Separately, Coal India fell over 6% after the government announced an OFS of up to 2% at a floor price of ₹412 per share, a 10% discount to the previous close — the discount quantum was the primary driver of the sharp negative reaction, as it resets price discovery expectations for the overhang. On the structural front, the Quad's announcement of a USD 20 billion critical minerals framework is a materially positive long-term development for India's metals, mining, and clean-tech ecosystem. The initiative is explicitly designed to reduce dependence on China-dominated critical mineral supply chains across rare earths, processing, and recycling — and positions India as a preferred destination for investment in strategic metals and battery materials infrastructure. The read-through for domestic companies exposed to critical minerals, specialty metals, and recycling is constructive on a 12–24 months horizon, even if near-term earnings impact is limited, says Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd.
Stock Market Live Today: Oil Prices Drop
Global equity markets hovered near record levels on Friday, while oil prices were on track for their sharpest weekly decline in almost two months as investors awaited further clarity on a proposed agreement involving the reopening of the Strait of Hormuz and an extension of the ceasefire between the United States and Iran. According to sources cited by Reuters, Washington and Tehran have reached an understanding to prolong the ceasefire and ease restrictions on shipping through the strategically important waterway. However, the arrangement still awaits approval from US President Donald Trump, while Iranian state media reported that the deal has not yet been formally concluded. Market movements across Asia were relatively subdued. S&P 500 futures traded largely unchanged after the benchmark US index recorded another record closing high in the previous session. Meanwhile, Brent crude futures slipped by around 50 cents per barrel to $93.17, putting the benchmark on course for a weekly decline of more than 10%. The US dollar was also headed for a modest weekly loss, reflecting a pullback in Treasury yields. However, analysts remain uncertain about whether the weakness in the greenback will persist, noting that even if a US-Iran agreement is finalised, it may not immediately reverse the inflationary pressures created by the recent surge in energy prices. Jason Wong, Senior Market Strategist at BNZ in Wellington, said markets appear to be operating on the assumption that an agreement will eventually be reached and that shipping through the Strait of Hormuz will resume without restrictions.
Nifty Today Live: Bajaj Broking Nifty Outlook
Index in the daily chart formed a small bullish candlestick pattern with shadows in either direction signaling consolidation amid stock specific action. Index is seen sustaining above the 20 days EMA. Nifty earlier during the week has generated a breakout above the last 9 sessions trading range of 23,200-23,850. Index is currently seen testing the upper band of the breakout area. Going ahead, index sustaining above the Monday’s gap area (23,835-23,922) will keep the bias positive and will open further upside towards 24,200-24,300 levels in the coming sessions being the trendline resistance joining the highs of April & May 2026. Index has immediate support at 23,600 levels, failure to hold above 23,600 will signal extension of the consolidation. While major support is placed at 23,200-23,000 being the confluence of the lower band of the 8th April bullish gap area and the 61.8% retracement of the previous pullback (22,182-24,601).
Wall Street extended gains on Thursday, with both the S&P 500 and Nasdaq ending at record closing levels. Investor sentiment improved after reports indicated that the United States and Iran had reached a draft understanding to prolong their ceasefire by 60 days. Market participants also evaluated key inflation data released during the session. Asian equities moved higher while oil prices retreated after reports of a tentative agreement between Washington and Tehran to extend the ceasefire. Crude oil futures edged lower amid hopes that the US and Iran could formalise an extension of their ceasefire. However, comments from US Vice President JD Vance that the two sides were “close” to an agreement but had not yet reached one helped prevent a sharper decline in prices.
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