Stock Market Update 8 April 2026: Indices Soar Over 3% After US-Iran Ceasefire

After days of dullness, the announcement of a temporary ceasefire between the US and Iran in the Middle East finally brought excitement to the Indian stock market. As the markets reopened on Wednesday, 8 April 2026, most indices soared by more than 3%.

At around 9:15 AM, the Sensex was up by more than 2,600 points to trade at 77,235.54. The Nifty 50 was also trading higher by around 3.36% at 23,900.40.

The global sentiments were also highly positive. As the day progresses, the Reserve Bank of India’s (RBI) first bi-monetary policy announcement for FY27 could further impact the market.

How Other Indices Are Performing?

Not just the Sensex and the Nifty 50, but most other Indian indices were in the green during early trading on Wednesday. The overall mood is highly positive.

At around 9:20 AM, Bank Nifty was up by more than 4.5% to trade at 55,103.65. The Fin Nifty was also up by around 4.8% to trade at 25,869.40.

How Are The Stocks Performing?

The positive sentiments impacted the stocks as well. About 2,534 shares opened in the green, whereas only 166 shares were in the red. 82 shares remained unchanged.

After the opening bell, the top gainers were:

• Interglobe Aviation rose by more than 10% as crude oil prices dipped.

• Swan Defence and Heavy Industries gained over 5%.

• Larsen & Toubro (up by more than 7%).

• Adani Green Energy (up by more than 7%).

• Cholamandalam Investment & Finance Company (up by more than 7%).

However, there were some losers as well. The list mainly includes a few energy and information technology (IT) stocks:

• ONGC dropped around 2.8%.

• Coal India dropped around 2.3%.

• Tech Mahindra dropped around 1.1%.

• Wipro dropped around 0.4%.

What About The Global Markets?

Global markets also reacted positively to the news of the ceasefire.

• S&P futures were up by 2.2%. (At around 10:39 AM Tokyo time)

• Japan’s Topix was up by 3.1%.

• Nikkei 225 futures rose 4.9%.

• Australia’s S&P/ASX 200 was up by 2.6%.

• The Shanghai Composite was up by 1.3%.

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Investor Takeaway

The ceasefire announcement has certainly brought a fresh wave of excitement to the market. If the war actually ends, most stocks and indices could see further recovery in the coming sessions. The RBI’s policy announcement should also play a crucial role in shaping the market.

Sources:

The Economic Times

Moneycontrol