Pre-Market 13 April 2026: What To Expect After Nifty Ends At 24,050; US–Iran Talks Fail, GIFT Nifty Flat

Indian equity markets head into Monday’s session after ending the previous week on a strong note. Benchmarks rose over 1% in the last session and snapped a six-week losing streak.

The surge came alongside a decline in crude oil prices and an improvement in sentiment in response to the West Asian ceasefire developments.

On 10 April 2026, the Nifty 50 closed at 24,050.60, while the Sensex ended at 77,550.25.

What Happened In Friday’s Session?

Markets closed higher in the final session of the week. Buying was seen across sectors, with banking stocks and auto stocks leading the gains. For the week, both the Sensex and Nifty rose about 5.8%.

Broader markets also saw strong participation. Midcap and smallcap indices gained around 7% each during the week.

Despite the recovery, the trend remains uneven. The recent move is seen as part of a broader stabilisation phase rather than a confirmed uptrend.

Global Cues After Market Hours

US markets advanced over the week, with all three major indices rising more than 3%. However, the last session saw mixed moves. The S&P 500 dropped 0.11%, while the Dow Jones Industrial Average dropped 269 points. The Nasdaq Composite ended the day 0.35% ahead.

The moves came amid ongoing discussions between the US and Iran. Talks over reopening the Strait of Hormuz are still unresolved, keeping some uncertainty in place.

Recent developments added to that uncertainty. Talks held in Pakistan between the two sides ended without an agreement on Sunday after Iran flagged concerns over what it described as excessive demands from the US.

European markets also moved higher. The STOXX 600 index rose 0.4% on Friday and posted gains for the third straight week.

Oil And Commodities In Focus

Crude oil prices stayed below the $100 mark after the recent decline.

For the week, prices fell sharply by about 14.35%. The drop came as easing tensions reduced concerns around supply disruptions.

GIFT Nifty Update

GIFT Nifty was near 24,020, down 71.5 points (0.30%) as of 11 April 2026, 2:44 IST. This indicates a flat start, with a cautious undertone in early trade. The index is still near the 24,000 mark. This level remains important in the near term.

Technical Levels To Watch

After last week’s recovery, the market is back near key levels.

• Resistance is seen in the 24,100–24,350 range

• A move above this zone may open room towards 24,300–24,700

• On the downside, support is placed around 23,700–23,600

Volatility has eased. India VIX slipped to 18.85, suggesting a moderation in near-term risk.

Also Read - Zepto Gets A Step Closer To Launching Its IPO

What Should Investors Expect Today?

The session may begin on a flat note, in line with mixed global cues.

Focus will remain on developments around the US–Iran talks. Any update could influence both oil prices and market sentiment.

After last week’s rally, markets may not see sharp moves immediately. The key will be whether the index holds above support and attempts to move higher from there.

Sources:

Mint

Business Today

The Economic Times

Reuters