NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on April 10

The Indian equity benchmarks are set to open higher on Friday, April 10, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad advanced 53 points or 0.23% to 23,914 amid positive cues from Asian markets.

The Indian benchmark indices, SENSEX and NIFTY50, closed in negative territory on Thursday, April 9, amid selling in banking, tourism and financial services stocks.

The SENSEX slumped as much as 1.57% to touch an intraday low of 76,347.90. The NIFTY50 reached the session’s low of 23,682.80.

-Here are key things to know before market opens:_

Asian markets

Asian markets were trading higher on Friday as crude oil prices stabilised below $100 per barrel for a second straight session. Japan's Nikkei rose 1.5%, China's Shanghai Composite gained 0.87%, Hong Kong's Hang Seng surged 0.8% and South Korea's KOSPI rose 1.85%.

Wall Street update

S&P 500 index advanced 0.62%, Dow Jones Industrial Average gained 0.58% and tech heavy Nasdaq rose 0.83%.

US-Iran ceasefire update

A fragile two-week ceasefire between the US and Iran showed further strain on Friday, a day before they are ​to negotiate in Pakistan, as Washington accused Tehran of breaching promises on the Strait of Hormuz and Israel struck Lebanon with attacks that Iran has ‌claimed violate the truce, according to a report by Reuters.

FII/DII activity

Foreign institutional investors sold shares worth ₹1,711 crore on Thursday while domestic institutional investors bought shares worth ₹956 crore, data from the National Stock Exchange showed.

The FIIs have so far this month sold shares worth ₹46,149 crore.

Stocks to watch

TCS' revenue from operations jumped 10% annually to ₹70,698 crore at the end of March quarter from ₹64,479 crore. In constant currency terms its revenue rose 1.2% and sequentially.

The company's annualised revenue from artificial intelligence crossed $2.3 billion in the fourth quarter of FY26.

Flying Flea is the new 'city+ electric mobility' brand from Royal Enfield.

The Flying Flea C6 (FF.C6) is priced at ₹2.79 Lakh (ex-showroom) and ₹1.99 lakh with Battery-as-a-Service option, Eicher Motors said in a regulatory filing.

The Haryana government had transferred the probe to the central probe agency. The referral was sent to the agency on Wednesday by the Department of Personnel and Training, they said.

He said the air-conditioning industry is currently facing a total cost impact of around 13 per cent, comprising 5 per cent from revised energy labelling norms and about 8 per cent due to higher raw material prices.

"Out of this, the industry has already passed on about 5-6 per cent to consumers, and another 5-7 per cent increase is expected in April to offset the remaining impact," Girish Hingorani, Vice President (Marketing - Unitary Cooling Products), said.

The company had posted a PAT of ₹73.6 crore in the same quarter of the preceding fiscal, Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, said in a regulatory filing to the stock exchanges.

Total revenue climbed by 25% to ₹301.6 crore in the quarter under review from ₹241.3 crore in January-March 2025.

Trade setup

In index futures, FII positioning remains largely unchanged following the recent short covering. The long-to-short ratio is still skewed at 20:80, with net open interest at -2.27 lakh contracts. What stands out is that the market’s recovery over the past five sessions has been driven primarily by short covering.

On the options data front, 24,000 call strikes witnessed strong open interest addition on Thursday. Alongside, 23,800 and 23,900 call strikes also witnessed open interest concentration, indicating resistance on the higher side.