Sensex, Nifty opening: Will stock market rise or fall today?
India Today
Early signals from the derivatives market suggest a positive start. GIFT Nifty futures were trading at 23,257 at around 08:11 am, indicating that the Nifty 50 may open above Friday's closing level of 23,151.10.
Benchmark stock market indices Sensex and Nifty are expected to open slightly higher on Monday, even as investors remain cautious due to the ongoing war involving Iran and rising oil prices.
Early signals from the derivatives market suggest a positive start. GIFT Nifty futures were trading at 23,257 at around 08:11 am, indicating that the Nifty 50 may open above Friday’s closing level of 23,151.10.
The possible recovery comes after a very weak week for Dalal Street. Last week, both major indices recorded their sharpest weekly fall in years as the war in the Middle East created fears of energy supply disruption and pushed oil prices higher.
The Nifty fell 5.3% during the previous week, while the Sensex dropped 5.5%. This was the worst weekly performance for the Nifty since mid-2022 and for the Sensex since 2020.
The heavy fall came after the US and Israel launched a bombing campaign on Iran at the end of February. Following this, Iran slowed or stopped traffic through the Strait of Hormuz, one of the world’s most important oil routes.
The Strait of Hormuz handles about 20% of the world’s oil supply. Any disruption in this route raises concerns about energy shortages and higher fuel prices across the world.
Sensex has declined over 6,000 points or roughly 7.5% in a little over two weeks as global tensions and rising oil prices triggered selling in equities.
Speaking in Parliament, Union Petroleum and Natural Gas Minister Hardeep Singh Puri said India has adequate fuel stocks, and there is no cause for concern over availability.
Industry sources told India Today TV that airline operators are now paying additional insurance charges for every aircraft flying into the Middle East, significantly increasing the cost of operations on these routes.
Under law, a domestic household is generally allowed to keep two LPG cylinders of 14.2 kg each at a time. This usually includes one cylinder connected for use and another spare cylinder kept as backup.
Early signals from GIFT Nifty suggest that the benchmark indices could open lower when trading begins. GIFT Nifty futures were trading at 23,784.50 at around 7:58 am. This indicates that the Nifty 50 may open below Wednesday's closing level of 23,866.85.
When markets fall sharply, fear often takes over investing decisions. But did you know continuing SIPs during market crashes has historically rewarded disciplined investors?
The move comes as global energy markets remain on edge due to escalating tensions linked to the conflict involving Iran, which has raised fears of disruptions to crude oil shipments from the Middle East.
India consumes roughly 5.3 to 5.5 million barrels of crude oil every day. However, domestic production is only about 0.6 million barrels per day. This means the country depends on imports for nearly 85% of its oil needs.
At around 10:47 am, the BSE Sensex was down 750.68 points or 0.96% at 77,455.30, while the Nifty 50 slipped 208.25 points or 0.86% to 24,053.35.
Air India said the fuel surcharge is due to the sharp rise in aviation turbine fuel (ATF) prices since early March 2026, triggered by supply disruptions in the Gulf region.
Rahul Bhatia expressed gratitude to employees who worked tirelessly to restore operations during that challenging period, praising their resilience and dedication.
The Iran-US conflict has disrupted shipping through a key global oil export route, pushing oil prices higher. As a result, airline tickets on some routes have become much more expensive, and there are growing concerns that travel demand could weaken if the situation continues.