Indian shares set to pause after rally as Mideast tensions cloud ceasefire optimism

Yahoo Finance
2026.04.09 02:40
portai
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Indian shares are expected to open little changed after a recent rally, as renewed tensions in the Middle East dampen ceasefire optimism. GIFT Nifty futures indicate a stable opening near Wednesday's close. Both Nifty 50 and Sensex rose about 4% on Wednesday due to a ceasefire agreement between the U.S. and Iran, but investor sentiment has turned cautious following Iran's response to Israeli strikes. Market consolidation and profit-taking are anticipated, with attention shifting to upcoming earnings reports from Indian companies.