Date: 01-April-2026 Indices of Indian equities to open up as US stocks rose on Tuesday following new reports giving investors hope that the U.S.-Iran war could soon come to an end. Markets may snap their two-day losing streak amid positive global cues and a marginal decline in crude oil prices. The Wall Street Journal reported that President Donald Trump had told aides he was willing to end military hostilities in the Middle East even if the Strait of Hormuz remained largely shut.

US Market The Dow Jones Industrial Average was up 1,104 points, or 2.5% on unconfirmed report said Iranian President Masoud Pezeshkian was open to ending the war with guarantees. The S&P 500 gained 2.5%. The S&P 500 advanced 2.9%, while the Nasdaq Composite jumped 3.8%. It was the best daily performance since May for all three major averages.
The New York Post later reported the US president said he believes the Iran war will likely end soon, with other nations taking the lead in reopening the Strait of Hormuz. Brent crude futures were last up 5% to trade above $118 per barrel. However, West Texas Intermediate futures were last lower by 1% to above $101 per barrel.

Asia-Pacific markets Asia-Pacific markets rebounded Wednesday after statements from U.S. President Donald Trump raised hopes that the Iran war could end soon. South Korea’s Kospi led gains in the region, surging over 6.3%, while the small-cap Kosdaq gained 5.06%, after data showed South Korean exports in March jumped 48.3% from a year earlier, beating Reuters poll estimates of 44.9%. Japan’s Nikkei 225 rose 3.85%, led by financial stocks, while the broad-based Topix added 3.55%.

Nifty Outlook Nifty declined 488.20 points or 2.14% to settle at 22,331.40. Nifty needs to stay above 22,471 for bulls to regain short term bounce. Resistance is seen at 22,730 and then around 22,880. Immediate support for the index is placed in the 22,150–22,200 range.

Bank Nifty Outlook Banking index performed devastatedly poorly, falling 1,999 points (3.82%) to 50,275—the lowest level since April 9, 2025—and underperforming the benchmark Nifty 50. The immediate support is placed in the 49,900–49,800 zone. On the upside, the 50,800-50,900 zone is likely to act as immediate resistance.

Sensex Outlook In the last two sessions, the Sensex has fallen 3,325.9 points or 4.41% with technical indicators turned oversold. In last session, Sensex fell 1,635.67 points or 2.22 percent to close at 71,947.55. Technical rebound now to take place amid positive global cues and a marginal decline in crude oil prices. Support now lies at 71,460 while resistance or upside will be till 73,000-73,300 zone.

Bankex Outlook Bankex also fell with sharp decline of 3.80% at 56,580. Support now lies at 56,300-56,200 while resistance is at 57,400.