Indian benchmark indices ended higher on Friday, April 10, 2026, amid positive global cues and optimism surrounding geopolitical de‑escalation efforts in West Asia. BSE Sensex gained 918.60 to close at 77,550.25, while the NSE Nifty settled at 24,050.60. with a gain of 275.50 points. On a sectoral basis, auto, capital goods, consumer durables, realty, power, FMCG, PSU banks, metal, and private banks sectors registered gains of 1-2 per cent, while the IT index declined 1.7 per cent amid renewed AI fears. The Nifty midcap and smallcap indices also gained 1.5 per cent each. Among the major gainers on the Nifty were Asian Paints, Eicher Motors, ICICI Bank, Bajaj Auto, and Shriram Finance. Losers included Coal India, Sun Pharma, Infosys, TCS, and Tech Mahindra.
All eyes on Iran-US ceasefire hopes
“A sharp upsurge in global equity markets had a positive spill over effect on domestic equity benchmarks, with a sharp rally in banking, auto and realty stocks fuelling optimism through out the trading session. While caution will remain buzzword, all eyes are on Iran-US ceasefire hopes and a positive outcome from the weekend meeting. With earnings season gaining momentum, investor focus will be on stocks that have been least effected by the oil shock amid the West-Asia conflict,” said Ankur Punj, MD & Business Head at Equirus Wealth.
Rupee falls 17 paise
Meanwhile, the Indian rupee failed to hold on to its initial strength today and closed 17 paise lower at 92.68 (provisional) against the US dollar. The forex market witnessed sharp fluctuations throughout the day, leading to increased investor caution.
According to forex traders, a key reason behind this volatility was the Reserve Bank of India’s directive asking banks to limit their overnight positions to USD100 million. The deadline for these directives expired on Friday, further increasing market volatility.
On Thursday, the Sensex dropped 931.25 points, or 1.20 per cent, to settle at 76,631.65. The Nifty declined 222.25 points or 0.93 per cent to end at 23,775.10.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
