More Stories

Informist, Monday, Apr. 6, 2026                                      Tel +91 (22) 6985-4000

---

Equity Alert: Indices may open tad dn; oil up on Trump's new threat to Iran

 

MUMBAI--0810 IST--Benchmark indices are expected to open slightly lower as oil prices rose after US President Donald Trump stepped up his threats against Iran, intensifying concern over disruption in supply. Trump on Sunday issued a fresh round of threats to attack Iran's power plants and civilian infrastructure, if Tehran failed to fully reopen the Strait of Hormuz by Tuesday.   

 
Trump's Tuesday deadline comes as Iran approaches its earlier 10-day deadline to make a deal and open the Strait of Hormuz--which was slated to end on Monday. Trump has been going back and forth between saying a peace deal was on its way to raising more threats on Iran, and with shifting deadlines. In an interview with Fox News, Trump said that he thinks he could reach a deal with Iran by Monday. But if there's no agreement, Trump said he was "considering blowing everything up" and seizing Iran's oil.

 

Iran has pushed back against Trump's ultimatum to reopen the Strait of Hormuz, saying that the critical waterway would only reopen fully after damage from the war is compensated, according to media reports. Iran said it will respond "in kind" to any attacks on its infrastructure, with senior officials condemning the US president's remarks as "incitement to war crimes", according to an Al Jazeera report. Meanwhile, Iranian attacks across the Gulf region continued, with power, water desalination and oil plants hit in Kuwait and an oil facility targeted in Bahrain.  

The Gift Nifty indicates a slightly gap-down opening for the domestic markets, said Vipin Kumaar, senior technical and derivatives analyst at Globe Capital Market. The current short-term chart structure indicates a pause around current levels with immediate support at 22000-21700 spot levels. On the flip side, 22900-23200 points will act as an immediate hurdle for the Nifty 50 index, Kumaar said. 

 

Shares of HDFC Bank, YES Bank, IDBI Bank, Kotak Mahindra Bank, Union Bank of India and RBL Bank will remain in focus Monday after they announced their March quarter business updates over the weekend. Shares of information technology major, Wipro will also be on focus after the company secured a long-term transformation deal with Singapore-based Olam Group. The eight-year engagement is expected to cross $1 billion in total contract value, with a committed spend of $800 million. (Arya S. Biju)

---

 

Equity Alert: Indices end wk with gains; Nasdaq, S&P 500 snap 5-wk losses

 

MUMBAI--0733 IST--Major US indices ended the truncated-trading week higher. The technology-heavy Nasdaq Composite outperformed its peers on a weekly basis to gain 4.4%, while the S&P 500 and Dow Jones rose around 3%. The Nasdaq and the S&P 500 snapped their five-week losing streak. On Thursday, the Dow was the only index to end lower.

 

The market witnessed positive momentum after the US President Donald Trump said that the war in Iran was nearing its end and that the US may leave the West Asian country in two-three weeks. However, sentiment on Wall Street later weakened after Trump said attacks on Iran may intensify during these weeks. Over the weekend, fear gripped the market again after Trump threatened Iran to open up the Strait of Hormuz once again. Iran will "be living in hell," Trump said on his social media platform, Truth Social. The e-mini Dow futures fell by over 0.2%, and Brent Crude oil futures rose to $110 per barrel again, up nearly 2%.

 

Meanwhile, on the macroeconomic front, the US added 178,000 jobs in March, more than what The Wall Street Journal and Reuters had estimated. The unemployment rate in the country was recorded at 4.3% compared to 4.4% in February. Further, job figures for February and January were revised upwards. Job losses in February were revised to 133,000 from 92,000 earlier. The job figures for January were changed upwards to 160,000 from 126,000.

 

Following are the closing levels of US indices Thursday:

 

Index	Level	Change in %
S&P 500	6582.69	0.11
NASDAQ Composite	21879.182	0.18
Dow Jones Industrial Average	46504.67	(-)0.13

 

 

(Ruchira Kagita)

 

US$1 = INR 93.10

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

 

NSE: National Stock Exchange
NYSE: New York Stock Exchange
NYMEX: New York Mercantile Exchange
SEBI: Securities and Exchange Board of India
RBI: Reserve Bank of India

Internet links:
Securities and Exchange Board of India - http://www.sebi.gov.in
Bombay Stock Exchange - http://www.bseindia.com
National Stock Exchange of India - http://www.nseindia.com
Directory of Indian government websites - http://goidirectory.nic.in
Indian Ministry of Finance - http://www.finmin.nic.in
Reserve Bank of India - http://rbi.org.in
Controller General of Accounts, Government of India - http://www.cga.nic.in
Government's Press Information Bureau - http://www.pib.nic.in

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.