Premarket Report – April 06, 2026
Premarket Updates
- GIFT Nifty : GIFT Nifty futures at 22,698 (+0.45%), indicating mild gap-up opening on geopolitical relief and steady global cues.
- Asia Markets Mixed: Nikkei up 1.0%; Shanghai Composite -1.0% amid selective buying in Japan but caution in China.
- Bank Nifty Futures: Bank Nifty futures at 51,900 (+0.35%); financials holding firm with positive global risk mood.
- Midcaps Under Watch: Nifty Midcap futures near 12,500 (+0.80%) with selective buying on broader recovery signals.
- Rupee Steady: USD/INR at 93.17, stable as softer dollar balances FII flows.
- FII Flows Negative: Foreign investors net sellers of Rs 9,931 cr on Apr 02; DIIs bought Rs 7,208 cr offering domestic support.
- Sector Focus: IT steady on global tech cues; energy gains on Brent rise; banking resilient.
- IT Futures: Nifty IT futures up ~1.20% tracking mild Nasdaq strength overnight.
Global Market Insights
US Markets (Close Apr 03)
- Dow Jones: 46,504.67 (-0.13%)
- S&P 500: 6,582.69 (+0.11%)
- Nasdaq: 21,879.18 (+0.18%)
- VIX (CBOE): 23.87 (-2.73%)
US indices end mixed on geopolitical de-escalation hopes and steady oil; VIX eases further signaling reduced fear.
Asia & Europe (Apr 06 Premarket)
- Shanghai Composite: -1.00%
- Nikkei 225: +1.00%
- FTSE Futures: +0.70%
- DAX Futures: -0.55%
Asian markets mixed with Japan gaining on export data while China lags; Europe futures steady on global relief.
Commodities & Forex
- Brent Crude: $110.02 (+0.91%)
- Gold: $4,630 (-1.00%)
- US Dollar Index: Mildly lower
Brent crude rises on supply concerns; gold softens as risk sentiment improves; rupee holds steady.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 22,698 (+0.45%)
- Nifty 50 (Apr 03 Close): 22,713.10 (+0.15%)
- Sensex (Apr 03 Close): 73,319.55 (+0.25%)
- India VIX: 25.52 (+2.0%)
Markets expected to open mildly higher with focus on geopolitical relief, oil movement and DII cushioning.
Key Futures (Premarket)
- Nifty 50 Futures: ~22,766 (+0.20%)
- Nifty Bank Futures: 51,900 (+0.35%)
- Nifty IT Futures: Up ~1.20%
- Nifty Midcap Futures: ~12,500 (+0.80%)
Futures point to cautious start with IT, banking and midcaps watched; energy sees support from crude rise.
Top Movers (Recent Close)
| Gainers | Losers |
|---|---|
| IT on global tech cues | Select metals on global cues |
| Banking on risk-on mood | Auto on mixed PMI data |
| Energy on Brent rise | FMCG on cautious sentiment |
Energy and banking lead on oil and global relief; metals and auto lag on selective caution.
Latest Global & Indian Market News
Geopolitical Relief Boosts Sentiment
Hopes of US-Iran de-escalation lift global risk mood; Trump signals possible end to conflict in weeks.
FIIs Net Sellers Early April
Foreign investors sold Rs 9,931 cr on Apr 02 amid ongoing flows; DIIs continue strong buying support.
Brent Crude Rises to $110.02
Oil prices firm on supply worries despite earlier relief; supports energy sector but raises inflation watch.
Asia Opens Mixed
Nikkei gains 1.0% on export strength; Shanghai down 1.0% as investors await fresh data.
Rupee Steady Near 93.17
Domestic currency holds as softer dollar offsets lingering FII pressure.
India VIX at 25.52
Volatility gauge edges higher as traders monitor oil and global cues ahead of key data.
Stocks in Focus: Energy & IT
Oil PSUs eye gains on Brent strength; tech majors track global cues; new F&O additions active.
Macro Note: PMI Eases in March
India manufacturing PMI at 53.9 vs 56.9 prior; still expansion but signals moderation.
Options Analysis
Nifty 50 Options Open Interest (OI)
Call OI building at higher strikes signals resistance; Put OI accumulation at lower levels indicates support base.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 22,700 | Moderate | High |
| 22,800 | Building | Significant |
| 22,900 | Increasing | Moderate |
| 23,000 | Peak Call OI | Building |
Chart: Nifty 50 OI distribution (indicative; levels adjusted to recent range).
Disclaimer: Market data is based on the latest available information. GIFT Nifty price and other futures data are indicative and must be verified in real-time before trading. Investments are subject to market risks.
What Our Customers Say