Indian equity markets opened the financial year 2026–27 with b gains on Wednesday, April 1, supported by positive global cues and buying interest in heavyweight stocks. The rally followed recent declines, with investors returning to the market and purchasing stocks at lower levels.
The BSE Sensex, comprising 30 shares, opened at 73,762 compared with the previous close of 71,947. At around 9:22 AM, the index was trading at 73,778, up 1,830.45 points or 2.54 percent from the previous session. The sharp rise indicates renewed investor participation in the market.
The NSE Nifty-50 also opened higher at 22,899 against its previous close of 22,331. At 9:24 AM, the index was trading at 22,894, up 563.50 points or 2.52 percent. The index crossing the 22,900 level reflects the upward momentum in the market.
Buying in heavyweight stocks including HDFC Bank, Reliance Industries, and Larsen & Toubro contributed significantly to the gains, supporting the upward movement of the indices. Increased investor activity in these stocks influenced overall market sentiment.
The recent market decline had brought several stocks to lower levels, prompting investors to initiate purchases at these levels. This buying activity provided support to the market.
Positive cues from Asian markets also contributed to the gains. South Korea’s Kospi Index rose by more than 5 percent, Japan’s Nikkei 225 was up approximately 3.9 percent, and China’s CSI 300 gained around 1.3 percent during trading.
US markets also recorded gains, with the S&P 500 rising 2.5 percent, the Dow Jones advancing 2.9 percent, and the Nasdaq Composite increasing 3.8 percent. The performance of global markets influenced domestic market sentiment.
US President Donald Trump stated that tensions between the United States and Iran could be resolved within the next two to three weeks. The statement contributed to a positive market environment.
In the commodities market, crude oil prices showed movement. Reports indicated that US crude oil production declined to its lowest level since February 2025. Production fell by 410,000 barrels per day in January to 13.25 million barrels per day.
During the Asian trading session, Brent crude oil was priced at $105.46 per barrel, up 1.43 percent from the previous close. The increase in oil prices may have implications for energy sector stocks.
In the primary market, Emiac Technologies’ initial public offering entered its third day. As of Monday, the issue had received 0.14 times subscription. The company aims to raise approximately Rs 31.75 crore through the offering.
