Sensex & Nifty Stock Market Live Updates April 8: Markets Recover Sharply, Sensex Gains Over 1,000 Points After Monday’s Rout

Indian equity markets staged a strong recovery on April 8, with the Sensex closing 1.49% higher at 74,227 and the Nifty gaining 1.69% to end at 22,536. This rebound came after a sharp decline in the previous session, supported by robust domestic institutional buying despite continued FII outflows. Global sentiment also turned positive, with Asian markets like Japan’s Nikkei surging over 6% and European indices trading higher in mid-session. 

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Stock Market Highlights, April 8:

• Indian markets rebounded sharply with Sensex and Nifty closing up by 1.49% and 1.69% respectively.
• Global markets traded positive, with Japan’s Nikkei surging over 6% and European indices showing steady gains in mid-session.
• US futures point to a firm start, suggesting positive global sentiment could potentially continue into the next trading session.
   

Indian Market Closing Cues

Sensex Closing Today: 74,227.08 (1.49%)
Nifty Closing Today: 22,535.85 (1.69%)
 

Asian Markets Performance

Nikkei: 33,012.58 (6.03%)
Hang Seng: 20,127.68 (1.51%) 
Shanghai Composite: 3,516.29 (1.58%) 
 

European Market Mid-Session Update

FTSE 100: 7,814.73 (1.46%)
DAX: 20,054.51 (1.34%)
CAC 40: 7,004.75 (1.12%)
STOXX 50: 10,813.14 (1.31%)
 

US Market Live Today

Dow Jones Futures Today: 38,912.00 (1.96%)
NASDAQ Futures Today: 17,790.25 (1.29%)
S&P 500 Futures Today: 5,176.50 (1.55%)
*As of 15:27 IST

Gold Price Today

Gold price in India has continued its bearish streak, with 22K gold at ₹8,225 per gram and 24K gold at ₹8,973 per gram. 

Silver Price Today

Silver price today has remained stable at ₹94 per gram.

Sensex & Nifty: Afternoon Update

Nifty 50: 22,531 (+1.66%)
BSE Sensex: 74,350 (+1.67%)

*As of 12:24 IST

Key Factors Impacting INR Today:

• Rupee Weakens Against USD: The Indian Rupee opened weaker at ₹85.79 against the US Dollar and later traded at ₹85.63, marking a loss of 19 paise from its previous close of ₹85.44 amid global trade tensions.
• Global Trade War Pressures INR: The rupee felt the heat from the US reciprocal tariff and China’s 34% retaliatory duties, which triggered global equity sell-offs and intensified market volatility.
• Crude Prices Fail to Support INR: Despite Brent crude falling 2.73% to USD 63.79 per barrel after OPEC+ announced faster output increases, the steep decline failed to support the rupee due to persistent foreign fund outflows.
• Dollar Index Softens Slightly: The Dollar Index was trading 0.05% lower at 102.71 as weak U.S. services PMI data and global inflation fears capped further gains, offering minor relief to the rupee.
   

Currency Market Overview:

USD/INR: 85.9086 (-0.14%)
Dollar Index (DXY) 107.35 (+0.1%)
EUR/INR: 94.2700 (+0.54%)
GBP/INR: 109.8554 (+0.29%)
INR/JPY: 1.7171 (+0.18%)
*As of 11:36 IST

Stock Market Outlook Today:

• Weak Global Sentiment: US markets closed lower and Gift Nifty indicates a flat to negative opening; yesterday's Nifty saw a sharp 3.24% drop.
• Support from DIIs: Despite heavy FII selling (-₹9,040 Cr), strong DII buying (+₹12,122 Cr) helped limit the damage.
• Mixed Global Cues: Asian markets are showing strong gains, especially Nikkei (+5.14%), after yesterday's blood bath. While, crude oil and bond yields remain relatively stable.
   

Global Market Cues:

Gift Nifty : 22589 (0.45%)
Nifty PCR: 0.6339
Nifty Max Pain: 22700
Bank Nifty PCR: 0.7926
Bank Nifty Max Pain: 50000
Nifty Closing Yesterday: 22,161.60 (-3.24%)

US Indices:

Dow Jones: 37,965.60 (-0.91%)
Nasdaq: 15,603.26 (0.099%)

Asian Markets: 

Nikkei: 32,736.96 (5.14%)
Hang Seng: 20,140.78 (1.58%)
Shanghai Composite: 3,943.07 (0.91%)

Crude Oil Prices

61.57 (1.43%)

Bond Yields

US 10-Year Treasury Yield: 4.149% (-0.008%)

FII/DII Activity

Foreign Institutional Investors (FIIs) Net Buy/Sell: -9040
Domestic Institutional Investors (DIIs) Net Buy/Sell: 12122.4
*As of 09:33 IST

This content is for informational purposes only and not investment advice. Please do your own research before making any financial decisions.