Global Market Update: Global mood improved due to peace talks; Gift Nifty rises, great recovery from low levels in US markets
April 10, 2026: The news of peace talks between America and Iran in Islamabad has breathed new life into the global markets. Investors’ confidence has increased due to reduction in war concerns, whose direct impact can be seen on the opening of the Indian stock market today.
US market: Tremendous comeback from lower levels
American stock markets closed strongly on Thursday. Progress in peace talks amid war fears supported the market.
Dow Jones: It closed 275.88 points (0.58%) higher at 48,185.80.
S&P 500: With a gain of 41.85 points (0.62%) it reached 6,824.66.
NASDAQ: Technology shares closed 187.42 points (0.83%) higher at 22,822.42 on buying.
Giant Share: Amazon shares 5.6% A big jump was seen, while Nvidia and AMD also closed with gains.
Condition of Asian markets: business with greenery
Mixed but positive trends in Asian markets this morning:
GIFT Nifty: Giving good signs for the Indian market, close 60 points Showing progress.
Nikkei 225 (Japan): It is at the level of 56,928 with a spectacular rise of 1.85%.
Kospi (South Korea): Trading with a huge gain of 2.26%.
Hang Seng: It is trading with a strength of around 1.36%.
Major economic figures affecting the market
| indicator | Description | Effect |
|---|---|---|
| US GDP | The economy grew at a 0.5% rate in the third quarter (below the estimate of 0.7%). | Indications of neutral/slow growth. |
| US Inflation (PCE) | rose 0.4% in February, up 2.8% year-on-year. | As per expectation. |
| Dollar Index | Dropped 1.3% on a weekly basis. | Positive for Emerging Markets (India). |
| FIIs Activity | Lowest selling in cash in last 27 days. | Support for the market at lower levels. |
Big news and challenges
Iran-US tensions: While on one hand the table for talks is being set in Islamabad, on the other hand the tough statements of Iran’s new Supreme Leader Mojtaba Khamenei and Donald Trump’s apprehensions on ceasefire have also created uncertainty.
Currency Market: Weakness in the dollar is strengthening the rupee and other Asian currencies. The Japanese yen is stable at 159.2 against the dollar.
Today’s Strategy for the Market: It is clear from the signals of Gift Nifty that the Indian market (Nifty/Sensex) can start on a strong note. However, it will be important to keep an eye on political rhetoric in the Middle East and crude oil prices ($100+) as they can cause sudden fluctuations in the market.
What are your levels for Nifty and Bank Nifty in tomorrow’s trading session?
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