Indian Stock Market Update

Key Figures:

• Sensex: 75,273.45 (up 1,205.00 points or 1.63% on Thursday)
• Nifty 50: 23,306.45 (up 394.05 points or 1.72% on Thursday)
• Nasdaq: 21,408.08 (down 521.74 points or 2.38% on Thursday)
• Dow Jones Industrial Average: 45,960.11 (down 469.38 points or 1.01% on Thursday)
• S&P 500: 6,477.16 (down 114.74 points or 1.74% on Thursday)

The Indian stock market is expected to open lower on Friday, following steep losses in global markets amid the escalating US-Iran war and uncertainty over any peace deal. The market was closed on Thursday, 26 March 2026, on account of Ram Navami 2026.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Global Market Cues:

• Asian Markets: Traded lower on Friday, with Japan's Nikkei 225 declining 1.6% and South Korea's Kospi plunging 3.6%.
• US Stock Market: Ended lower on Thursday, with the Nasdaq confirming a correction. The Dow Jones Industrial Average declined 469.38 points, or 1.01%, to 45,960.11.
• Crude Oil Prices: Fell after President Trump extended his deadline for Iran to reach a deal. Brent crude oil price fell 0.76% to $107.19 a barrel, while the US West Texas Intermediate (WTI) crude futures declined 0.43% to $94.07.

Economic Indicators:

• China Industrial Profits: Grew 15.2% in the first two months over the same period last year.
• Japanese Bond Yields: Rose to a new record high, with the five-year yield climbing to 1.770% and the benchmark 10-year JGB yield rising to 2.300%.
• Gold Rate: Pared losses, with COMEX gold rate trading 0.33% higher at $4,423 per ounce.
• Dollar: Was higher toward multi-month peaks on Friday, up 2.3% this month.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Company News:

• Goldman Sachs: Downgraded Indian equities to 'marketweight' from 'overweight' on less attractive risk/reward than north Asian markets.
• Nvidia: Plunged 4.16% on Thursday, while AMD shares tanked 7.49% and Meta share price slumped 7.92%.
• Alphabet: Lost 3.06% on Thursday, while Microsoft share price fell 1.37% and Tesla stock price declined 3.59%.