Indian markets closed higher on Thursday even as crude oil volatility and renewed US-Iran tensions kept investors on edge, while GIFT Nifty signals a cautious, near-flat start on Friday. Here’s everything you need to know about markets this morning.
📈 Indian Stock Market Today
The BSE Sensex closed Thursday’s session at 76,741.82, up 238.22 points (0.31%), while the NSE Nifty 50 advanced 80.75 points (0.34%) to settle at 23,962.80. GIFT Nifty was trading around 0.10% lower ahead of Friday’s open, pointing to a flat-to-slightly-negative start. Broad-based buying supported Thursday’s gains despite rising crude oil prices and the escalating US-Iran conflict. Domestic institutional investors (DII) were net buyers of ₹2,057.79 crore in the cash segment, while foreign institutional investors (FII) turned net sellers, offloading ₹532.86 crore. Focus now shifts to the June-quarter (Q1 FY27) earnings season, with IT bellwether TCS among the first large-caps to report — a print likely to set the tone for the sector today.
₿ Crypto Market Update
Bitcoin is trading around ₹60.06 lakh (about $62,948), holding broadly steady in early trade. Ethereum is hovering near ₹1.72 lakh (about $1,748), up roughly 0.7% over the past 24 hours. Crypto markets are exposed to the same geopolitical undercurrents rattling equities and oil — the Strait of Hormuz standoff and US-Iran conflict — though digital assets have so far avoided the sharper swings seen in crude.
💰 Today’s Key Rates at a Glance
| Asset | Price | Change |
|---|---|---|
| Nifty 50 | 23,962.80 | +0.34% (prior close) |
| Sensex | 76,741.82 | +0.31% (prior close) |
| Bitcoin (BTC) | ₹60.06L / $62,948 | ~flat |
| Ethereum (ETH) | ₹1.72L / $1,748 | +0.7% (24hr) |
| Gold (24K, 10g) | ₹1,44,490 | — |
| Silver (10g) | ₹2,450 | — |
| USD/INR | ₹95.36 | range 94.89–95.62 this week |
| Crude Oil (Brent) | $77.26 | vs $78.02 prior close |
📰 Top 5 Financial News Stories This Morning
- Sensex, Nifty end higher despite global jitters. The BSE Sensex gained 238.22 points (0.31%) to 76,741.82 and the Nifty 50 rose 80.75 points (0.34%) to 23,962.80 on Thursday, with broad-based buying offsetting concerns over rising crude prices and Middle East tensions.
- IMF trims India’s FY27 growth forecast to 6.4%, lifts FY28 to 6.7%. The marginal downgrade still keeps India on track as the world’s fastest-growing major economy, with the IMF citing near-term headwinds but a stronger medium-term trajectory.
- ADB cuts India’s FY27 growth outlook to 6.6% on energy costs. The Asian Development Bank flagged higher energy prices amid West Asia tensions as the key drag, while holding its FY28 projection steady at 7.3%.
- India and Australia deepen strategic-economic ties. The two countries expanded cooperation in uranium supply, critical minerals, green hydrogen, defence and maritime security — a move with long-term implications for India’s energy and manufacturing supply chains.
- Wall Street rallies on chip-stock rebound. The Nasdaq jumped 1.30% to 26,206.89 and the S&P 500 rose 0.81% to 7,543.64 on Thursday, led by a 4.5% surge in Micron, even as fresh US strikes on Iran kept geopolitical risk elevated and oil prices choppy.
🔍 What to Watch Today
All eyes are on TCS’s Q1 FY27 earnings, the first major IT print of the season, which could set the tone for the sector. Crude oil remains a swing factor — Brent is near $77 and WTI near $72, with the Strait of Hormuz standoff keeping prices volatile after the latest round of US-Iran strikes. Also track whether FIIs, net sellers on Thursday, extend or reverse that trend, and whether GIFT Nifty’s mildly negative bias translates into a soft cash-market open.
Data sourced from live market feeds. This is for informational purposes only and not investment advice.
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