Indian stock market benchmark indices, Sensex and Nifty, rebounded today, April 2, 2026, after opening lower. The 30-share BSE Sensex initially dropped to 71,608, but recovered to close at 73,100.60, gaining 1.43%. The 50-share NSE Nifty also rebounded, rising 1.45% to 22,600.70.
Top Business News:
– Indian Shares Rebound: Indian shares rebounded, with IT stocks leading the recovery, as investors await fourth-quarter earnings from companies.
– Bajaj Finance Advances: Bajaj Finance Ltd. shares rallied 1.97% to 817.20 Indian rupees.
Geopolitical Tensions:
– US President Donald Trump’s warning of intensified military actions against Iran sent crude oil prices soaring, with Brent crude trading 4.44% higher at $105.65 per barrel.
– Trump’s remarks have raised concerns about prolonged geopolitical instability and its impact on global economic growth.
Gold and Silver Price Action:
– Gold prices dipped, with 24K gold quoted around ₹1,51,420 per 10 grams, down ₹1,530.
– Silver prices also retreated, falling to ₹250 per gram, influenced by a rebounding US dollar and shifting investor sentiment.
Market Outlook:
Experts indicate that volatility is likely to persist, with key triggers including crude oil price movements, foreign institutional investor (FII) activity, and further geopolitical developments.
