- Alert: As per market grapevine, Q4FY26 and Q1FY27 results of many firms may remain weak, and with crude staying elevated, Nifty could test 20,500–19,500 if oil does not cool to around $80 by April-end.
- As per market grapevine, Donald Trump has been making positive remarks before US market openings and negative statements after market closures, leading to speculation in trading circles about possible internal trading activity in global markets.
- Modi Govt has begun discussions on a possible shift to E25 petrol after the successful rollout of E20 across India. The Centre is engaging with automobile manufacturers to evaluate feasibility, as the move aims to cut India’s heavy oil import dependence and boost domestic ethanol blending. BS-VI regulatory alignment is also under consideration, a move long supported by Union Minister Nitin Gadkari.
- Big Negative: Manufacturers in metals, chemicals, glass and ceramics sectors are facing pressure due to disruptions in gas supply amid the ongoing West Asia war.
- BOFA Macro Outlook Revision (2026): Bank of America has cut its U.S. GDP forecast for 2026 by 50 bps to 2.3% amid war-related risks and stagflation pressures, with nearly 75% of the downgrade attributed to geopolitical tensions.
- Global Trigger Alert: The Iranian Parliament has indicated that the Strait of Hormuz may not reopen, raising the risk of an oil price spike and negative implications for India. Meanwhile, Donald Trump is reportedly considering an exit from NATO, adding to geopolitical uncertainty. Market sentiment remains negative and volatile, suggesting cautious trading with tight stop losses and focus on selective stocks
