Indian equity benchmarks, the Sensex and Nifty 50, are expected to open on a flat to negative note on April 7, tracking weak cues from GIFT Nifty.

GIFT Nifty was trading around 22,885–22,966 levels, indicating a potential downside of nearly 170 points (0.75%) for the Nifty 50. The cautious sentiment is largely driven by elevated crude oil prices amid ongoing geopolitical tensions in the Middle East.

In the previous session, domestic markets extended their winning streak for the third consecutive day, with benchmark indices gaining over 1% in a volatile trade. The Nifty managed to close near the 23,000 mark, supported by broad-based buying across sectors, except for media and oil & gas, which witnessed some selling pressure.

On Monday, the 30-share benchmark index ended at 74106.85 up by 787.3 points or by 1.07 % and then NSE Nifty was at 22968.25 up by 255.15 points or by 1.12 %.

On the global front, markets across the Asia-Pacific were trading on a mixed note on Tuesday morning, mirroring overnight moves on Wall Street. The Nikkei 225 and Hang Seng were down 0.15 per cent and 0.7 per cent, respectively. Meanwhile, the Kospi rose 0.33 per cent.

On Monday, the Dow Jones Industrial Average ended 0.36 per cent higher. The S&P 500 and the Nasdaq Composite ended 0.44 per cent and 0.54 per cent higher, respectively.

Back home, Top traded Volumes on NSE Nifty – HDFC Bank Ltd. 42976659.00, Eternal Ltd. 31590365.00, Reliance Industries Ltd. 29274881.00, Tata Steel Ltd. 28115748.00, Oil And Natural Gas Corporation Ltd. 24449779.00,

On NSE, total number of shares traded was 513.69 Crore and total turnover stood at Rs. 116115.39 Crore.

On NSE Future and Options, total number of contracts traded in index futures was 182716 with a total turnover of Rs. 27522.08 Crore. Along with this total number of contracts traded in stock futures were 1191035 with a total turnover of Rs. 73420.90 Crore. Total numbers of contracts for index options were 129979591 with a total turnover of Rs. 19335439.44 Crore. and total numbers of contracts for stock options were 4634121 with a total turnover of Rs. 298864.72 Crore.

The FIIs on 06/04/2026 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 11873.89 Crore and gross debt purchased stood at Rs. 396.13 Crore, while the gross equity sold stood at Rs. 21343.50 Crore and gross debt sold stood at Rs. 1248.76 Crore. Therefore, the net investment of equity and debt reported were Rs. -9469.61 Crore and Rs. -852.63