NIFTY50, SENSEX today: Wall Street cues, FII activity, key things to know before markets open on April 9

The Indian equity benchmarks are set to open lower on Thursday, April 9, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad declined 60 points or 0.25% to 23,997 amid weak cues from Asian markets.

The Indian equity benchmarks skyrocketed on Wednesday as sentiment improved after United States and Iran agreed to a ceasefire for two weeks triggering a rally in global equity markets and sending the price of crude oil in international markets below $100 a barrel. The benchmarks posted their biggest single day gain since March 13, 2020, data from the BSE showed.

The SENSEX climbed 3.95% or 2,946 points to close at 77,562.90 and NIFTY50 index surged 874 points or 3.78% to settle at 23,997.35.

Asian markets

Most of the Asian markets were trading lower on Thursday as investors resorted to profit booking after a massive rally in the previous session.

Japan's Nikkei declined 0.4%, Hong Kong's Hang Seng fell 0.61%, China's Shanghai Composite dropped 0.58% and South Korea's KOSPI fell 1%.

Wall Street update

Overnight, US stocks joined the global rally as investors cheered two-week ceasefire between United States and Iran announced by President Donald Trump.

S&P 500 index surged 2.51%, Dow Jones Industrial Average climbed 2.85% and tech heavy Nasdaq gained 2.8%.

FII/DII activity

Foreign institutional investors sold shares worth ₹2,812 crore on Wednesday while domestic institutional investors bought shares worth ₹4,168 crore, data from the National Stock Exchange showed.

The FIIs have so far this month sold shares worth ₹44,753 crore.

Crude oil update

Crude oil prices in the global market rose above $97 per barrel (bbl) levels during the early trading hours on Thursday, April 9, after Israel continued its military strike against Iran amid US President Donald Trump’s two-week ceasefire agreement in exchange for safe passage for maritime transport via the Strait of Hormuz.

After Trump announced the two-week ceasefire deal with Iran, Brent crude oil prices tanked to $90.40 per bbl level during Wednesday’s market session, but the relief did not last for long, as later during the day, reports started emerging on Israel’s latest strikes on the Gulf nation.

Stocks to watch

TCS is expected to report low single-digit revenue growth of 2% to 4% QoQ and 7 to 8% YoY during the March quarter. The revenue is expected to remain between ₹69,100 and ₹69,850 crore, while TCS reported revenue of ₹67,087 crore in the previous quarter and ₹64,479 crore in Q4FY25. TCS revenue could improve, aided by new deal wins, while the rupee depreciation may help margins.

Its sales bookings stood at ₹1,620 crore in the year-ago period.

During the 2025-26 fiscal year, sales bookings fell 20% to ₹8,220 crore from a record ₹10,290 crore in the preceding year, Signature Global said in a regulatory filing.

The company develops housing projects in Gurugram market of Delhi-NCR.

The move positions Bosch Limited with a more comprehensive mobility portfolio, enabling it to better cater to the evolving demands of the domestic automotive sector, the company said.

NRI Rajiv Jain-backed GQG Partners, through its affiliate GQG Partners Emerging Markets Equity Fund, offloaded 1,28,87,559 shares, amounting to a 0.62% stake in ITC Hotels, as per the bulk deal data on the National Stock Exchange (NSE).

The shares were disposed of at an average price of ₹152.67 apiece, taking the transaction value to ₹196.75 crore.

NTPC, in a regulatory filing, said the MoU sets out a framework for both companies to jointly assess the feasibility and approach for collaboration, including evaluating EPR technology and its suitability for Indian requirements.

The pharma major received approval for releasing the tablets in multiple strengths of 5 mg/500 mg, 5 mg/1,000 mg, 10 mg/500 mg, and 10 mg/1,000 mg in the United States, according to a regulatory filing dated April 8.

In a regulatory filing dated Wednesday, the infrastructure EPC major revealed that it has secured orders across its civil, transportation, transmission & distribution (T&D), and cables & conductors businesses.

The RPG Group firm, under its civil business, secured its largest-ever commercial real estate order from a leading real estate developer in Western India.