Post Market, 06 April 2026: Sensex Gains 787 Points, Nifty Jumps Over 250 Points

Markets ended higher on Monday after a weak start. It was not the smoothest session. Indices slipped in early trade and then moved in and out of gains before finally closing in the green.

Oil prices and the broader geopolitical situation kept things a bit tense. However, buying picked up as the day went on, helping the market finish on a better note.

Closing Bell

Sensex rose 787 points to close at 74,107, while Nifty 50 gained 255 points to settle at 22,968.

Broader Markets

The recovery was not limited to the main indices. There was buying across segments, with banks leading the way. The Nifty Bank index was up over 2%, while midcaps and smallcaps gained around 1.3–1.5%.

Sectorally, PSU banks and realty stocks were among the top gainers, each moving up over 2%. Metals, auto and FMCG stocks also saw steady buying, while IT moved higher, but not as strongly as the others.

What Moved The Markets Today?

Markets moved around quite a bit on Monday before settling. The early dip came as crude oil prices remained high and uncertainty around the US-Iran situation continued. Brent crude rose to reach $110 per barrel, adding to supply concerns.

However, the markets recovered from the day’s lows after news of a potential US-Iran ceasefire started doing the rounds. The proposal talks about a 45-day pause in attacks, giving both sides some room to continue discussions. There are also talks around reopening the Strait of Hormuz, which could help ease the pressure on oil.

That said, no formal agreement has been made, and mixed signals from both sides mean uncertainty hasn’t really gone away. Markets are likely to stay sensitive to any new updates here.

Volatility stayed on the higher side. The India VIX ended at 25.46, almost unchanged from where it opened, though it had climbed to 26.56 earlier in the session before cooling off.

Global cues were slightly supportive, with Asian markets trading higher after recent swings, which helped steady things a bit.

Commodities Watch: Gold And Silver

Gold and silver saw a mixed start to Monday’s session, reacting to renewed tensions in West Asia and a stronger US dollar.

In early trade (09:09 IST), gold futures on the MCX slipped 0.06% to ₹1,48,785 per 10 grams, while silver declined 0.86% to ₹2,30,500 per kg. The prolonged conflict, along with a firm tone from Donald Trump, supported the dollar and weighed on metals.

By midday (12:44 - 12:50 IST), the trend turned mixed. Gold moved higher to around ₹1,49,899 per 10 grams, up about 0.15%, indicating underlying strength. Silver, however, remained muted, trading near ₹2,31,800 per kg and still slightly below its previous close.

Later in the session (14:38 - 15:11 IST), both metals gained momentum. Gold rose 1.11% to ₹1,51,347 per 10 grams, while silver advanced 1.28% to ₹2,35,467 per kg.

The move is said to be supported by steady physical demand, especially from domestic jewellers ahead of the festive and wedding season.

Also Read - Reliance Drops 3.30%; Market Cap Falls Below ₹18 Lakh Cr

What Should Investors Watch Next?

There has been a recovery from the day’s lows, but the market still feels a bit unsettled. The direction from here will depend on how the geopolitical situation evolves and how oil prices move. The next few sessions should give a clearer sense of whether this recovery has strength or remains a short-term move.

Volatility through the day also suggests that sentiment is still sensitive to news flow. Any sharp movement in global cues could quickly influence the direction.

Sources:

Live Mint

MoneyControl

The Economic Times