Stock Market Update 2 April 2026: Sensex, Nifty Fall Around 2% After A Solid Wednesday

After ending the previous trading session on a positive note, the Indian stock market indices fell again on Thursday, 2 April 2026.

At around 9:20 AM, the Sensex was down by more than 1,390 points to trade at 71,722.92. The Nifty 50 was also trading lower by around 2% at 22,224.25.

The market downfall occurred despite the positive cues from the US markets and heightened ceasefire speculations about the Middle East war.

How Other Indices Are Performing?

Not just the Sensex and the Nifty 50, but most other Indian indices were in the red during early trading on Thursday.

At around 9:20 AM, Bank Nifty was down by around 2.7% to trade at 50,068.50. The Fin Nifty was also down by around 2.5% to trade at 23,900.90.

Heavy selling pressure was also felt across stocks from various sectors.

Most of the regulars, including Reliance Industries, HDFC Bank, Bharti Airtel, SBI, and ICICI Bank, were all trading lower by more than 1% from the previous closes.

What About Global Sentiments?

The Indian stock market opened poorly despite positive global sentiments:

1. Ceasefire Speculations

The US President, Mr. Donald Trump, reignited the hopes of a ceasefire with Iran. He informed on Wednesday that his Iranian counterpart is also seeking a ceasefire. Fresh speculations about the ending of the month-long war resulted in positive sentiments across global markets.

2. Sharp Rise Of US Markets

Reacting to the news of the ceasefire, the US markets rose sharply on Wednesday. Most Wall Street indices, including the Dow Jones, rebounded steeply. The European STOXX 600 also rose by more than 2%.

Also Read - 2 April 2026 Stock Update: Weak Global Signals Cap Sentiment – IOCL, Lupin, Power Grid to Watch

Investor Takeaway

Markets are behaving erratically. The downfall today has dampened the mood again after the positive Wednesday. However, speculations of the war between the US and Iran ending soon may lead to brighter days ahead. Investors must wait for clearer signals before taking fresh positions.

Sources:

The Economic Times

Moneycontrol