North India Statesman
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New Delhi/Lucknow: A strong start is expected for the Indian stock market (Sensex & Nifty) today, Thursday 16 April 2026, amid positive signals from the global markets. The news of increasing peace talks between America and Iran has taken the enthusiasm of investors to its peak. While the S&P 500 and Nasdaq touched new highs on Wall Street, Asian markets were also in the green this morning. Gift Nifty Trading at 24,314 levels with a premium of around 77 points, pointing towards a gap-up opening on Dalal Street.
US market: Major indices closed at record high
On Wednesday, American markets closed with huge gains. Strong corporate earnings data and hopes of easing tensions in the Middle East sent the Nasdaq and S&P 500 to record highs.
NASDAQ COMPOSITE: It jumped 1.60% to close at 24,016.02.
S&P 500: Reached a new peak of 7,022.95 with a gain of 0.80%.
Condition of big stocks: Tesla shares closed with a gain of 7.63%, while Microsoft closed with a gain of 4.63% and Apple with a gain of 2.95%. Allbirds’ stocks surprised everyone with an incredible jump of 582%.
Bright in Asian markets: rise in Japan and Korea
Following the footsteps of American markets, today there is a buying phase in Asian stock markets also.
Japan: The Nikkei 225 rose 0.81%. Japanese government bond (JGB) yields are seeing volatility as investors remain cautious about rising interest rates.
South Korea: Kospi index is trading with a gain of 1.03%.
Hong Kong: Hang Seng Futures have also indicated a strong start.
US-Iran war: Is the tension really going to end?
Contradictory statements are emerging on the geopolitical front. On one hand, Iranian officer Mohsen Rezaei has warned of attacking American forces and blockade of Hormuz, on the other US President Donald Trump has made a bold claim via the New York Post that the war with Iran is “very close to being over.” Global markets have heaved a sigh of relief with this statement by Trump.
Crude oil, gold and dollar situation
Due to increasing confidence in the market, there is movement in commodity and currency markets also:
Crude Oil: Brent crude has fallen to $94.49 per barrel on hopes of easing tensions. Reports of Iran giving way to ships have pulled down prices.
gold and silver: Inflation concerns have decreased amid diplomatic talks, due to which gold has increased in shine. Spot gold increased by 0.5% $4,812.95 per ounce But it is.
Dollar Index: The dollar is stable at 98.027, its lowest level since March. Euro and pound are showing strength.
Strategy for today: Considering the weekly expiry of Sensex and the positive start of GIFT Nifty, the Indian market may remain bullish today. Investors will keep an eye on ‘Stocks to Watch’ and the resistance level of Nifty.
