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Equity benchmark indices Sensex and Nifty declined 2% successful aboriginal commercialized connected Thursday (April 2, 2026) amid rising geopolitical tensions pursuing U.S. President Donald Trump’s informing of intensified subject actions against Iran, driving crude lipid prices higher.
Unabated overseas money outflows besides added to the weakness successful home equities.
The 30-share BSE Sensex plummeted by 1,433.72 points, oregon 1.96%, to 71,700.60. The 50-share NSE Nifty dived 445.70 points, oregon 1.97%, to 22,233.70 successful the greeting trade.
“With President Trump’s declaration ‘we are going to deed Iran highly hard successful the adjacent 2 to 3 weeks,’ marketplace sentiments person again turned negative. Brent crude spiked astir 5% to $105, and the U.S. 10-year enslaved output again firmed up to 4.36%, negatively impacting golden and metallic prices, though marginally,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.
Foreign Institutional Investors (FIIs) offloaded equities worthy ₹8,331.15 crore connected Wednesday (April 1, 2026), according to speech data. Domestic Institutional Investors (DIIs), however, bought stocks worthy ₹7,171.80 crore.
“The precocious crude price, the widening commercialized deficit, the fearfulness of declining remittances and sustained FPI selling are acting cumulatively to enactment precocious unit connected the rupee, which continues to diminution contempt the RBI’s decisions connected restrictions connected dollar futures deals,” Mr. Vijayakumar added.
Broader Asian markets were trading lower, with South Korea’s Kospi benchmark falling by 4.31%, Japan’s Nikkei 225 scale declining 2.24%, Hong Kong’s Hang Seng plummeting 1.04%, and Shanghai’s SSE Composite scale slipping 0.53%.
Meanwhile, the U.S. marketplace ended importantly higher connected Wednesday (April 1, 2026).
Brent crude, the planetary lipid benchmark, traded 4.44% higher to $105.65 per barrel.
On Wednesday (April 1, 2026), the 30-share BSE Sensex jumped 1,186.77 points to settee astatine 73,134.32. The 50-share NSE Nifty climbed 348 points to extremity astatine 22,679.40.
