Mumbai, India | April 10, 2026
Indian benchmark indices opened higher on Friday, staging a rebound after a sharp sell-off in the previous session, supported by positive global cues and cautious investor optimism.
The BSE Sensex surged 463.38 points (0.60%) in early trade to reach 77,095.03, while the Nifty 50 advanced 110.90 points (0.47%) to 23,886.00.
The recovery comes a day after markets witnessed heavy selling pressure. On Thursday, the Sensex had plunged 931.25 points to close at 76,631.65, while the Nifty dropped 222.25 points to settle at 23,775.10.
Global Cues Support Market Sentiment
Investor sentiment remained supported by strength in global markets. Across Asia-Pacific:
- Japan’s Nikkei 225 rose 1.78%
- South Korea’s Kospi gained 2.18%
- Hong Kong’s Hang Seng Index climbed 1.11%
Wall Street also ended higher overnight:
- S&P 500 up 0.62%
- Dow Jones Industrial Average up 0.58%
- Nasdaq Composite up 0.83%
Market participants are closely tracking geopolitical developments, particularly the U.S.–Iran ceasefire signals, which have improved risk appetite globally.
Rupee Weakens Against Dollar
The Indian rupee opened slightly weaker against the U.S. dollar, reflecting pressure from rising crude oil prices and global currency movements.
- Rupee opened at 92.71 per dollar
- Previous close: 92.66 per dollar
Crude Oil Prices Rise
Global oil prices moved higher, adding to inflation concerns:
- Brent Crude rose $0.83 to $96.75 per barrel
- WTI Crude gained $1.04 to $98.91 per barrel
Higher crude prices remain a key variable for Indian markets, given the country’s dependence on imports.
Market Outlook
The rebound suggests short-term stability after Thursday’s sharp correction, but analysts caution that volatility may persist amid global uncertainties and commodity price fluctuations.
Investors are expected to remain selective, focusing on sectors benefiting from global tailwinds while monitoring macroeconomic signals closely.
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