Nifty 50, Sensex Ended Nearly 4% Higher; The Reserve Bank of India Kept The Repo Rate Unchanged At 5.25% & More
- Share.Market
- 11 min read
- 08 Apr 2026
Here’s a quick wrap-up where we break down the performance of key indices, top corporate movers, and the major economic headlines of the day.
Ending in the green for the fifth consecutive session, Indian equity benchmark indices surged nearly 4% on Wednesday, April 8. The robust rally was driven by improved investor sentiment following a decline in oil prices and news that US President Donald Trump agreed to a two-week ceasefire with Iran before his deadline for Tehran to reopen the Strait of Hormuz. On the sectoral front, all sectoral indices closed in the green, led by Nifty Realty.
Key Indices – Share Market
Today’s Top News from the Indian Share Market
SHRIRAMFINJapan’s MUFG Bank completed an approximately ₹396.18 billion investment in Shriram Finance. By subscribing to over 471 million equity shares, MUFG has acquired a 20% stake, marking the largest cross-border investment in India’s financial services sector.
PRESTIGEPrestige Estates closed FY26 with its highest-ever annual pre-sales of ₹30,024 crore, reflecting a 76% year-on-year growth. This marks the company’s first time crossing the ₹30,000 crore milestone, driven by steady demand across key markets.
BANKBARODABank of Baroda unveiled “bob SAMVAD,” an industry-first AI-powered multilingual platform for in-branch customer interactions. Developed in-house, it enables real-time, two-way communication across 22 languages, eliminating language barriers and promoting inclusive banking across its network.
TVSMOTORTVS Motor Company launched the TVS Armado 200 in Indonesia. Engineered for the commercial logistics industry, this three-wheeler features a 197.75 cc engine, a 2-meter cargo bed, and a best-in-class payload capacity of 840 kg.
GAILGAIL (India) signed a long-term charter agreement with Greek shipping major Alpha Gas for the LNG carrier “Energy Fidelity.” The 174,000-cubic-meter vessel features emission-reducing technology, strengthening India’s maritime infrastructure and global energy supply chain capabilities.
CYIENTCyient Semiconductors closed an $85 million majority-stake investment in Kinetic Technologies. This strategic move helps establish a scaled custom silicon platform in India, addressing a $44 billion global market opportunity in power and compute infrastructure.
Broader Market Performance Today
INDIA VIXTop Performing Sectors Today
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty RealtyNIFTY REALTY | +6.75%+47.15 | 745.75 |
 Nifty AutoNIFTY AUTO | +6.69%+1629.65 | 26002.95 |
 Bank NiftyNIFTY BANK | +5.67%+2987.65 | 55703.90 |
*Prices shown may have delay up-to 15 minutes
Today’s Top Gainers and Losers
*Prices shown may have delay up-to 15 minutes
FII DII Activity (₹ Cr)
| Date | FII (Net Value) | DII (Net Value) |
| 07 Apr 2026 | -8,692.11 | 7,979.50 |
| 06 Apr 2026 | -8,167.17 | 8,088.70 |
| 02 Apr 2026 | -9,931.13 | 7,208.41 |
| 01 Apr 2026 | -8,331.15 | 7,171.80 |
| Month-to-Date | -35,121.56 | 30,448.41 |
What’s Happening Beyond Markets?
- The Reserve Bank of India has decided to keep the repo rate unchanged at 5.25% in its first policy announcement for FY27. This key decision directly follows the recent ceasefire in the West Asia conflict.
- The RBI has lowered India’s GDP growth projection for FY27 to 6.9%. Additionally, the inflation forecast has been hiked to 4.6%, primarily driven by the ongoing West Asia crisis and a spike in crude oil prices.
- India’s imports have surged by 22%, largely driven by higher gold imports, according to the RBI Governor. Simultaneously, the country’s exports have taken a dip primarily due to ongoing shipping disruptions impacting global trade.
- GIFT City has firmly emerged as a prominent global fund management hub. Highlighting this major financial milestone and structural growth, the centre has officially recorded a massive 60x surge in its overall capital commitments.
- The official oil benchmark has been set at $85 for FY26 and $75 for FY27. This strategic adjustment comes closely after a recent US-Iran ceasefire, which has effectively eased global crude oil prices.
- According to recent data from NITI Aayog, women borrowers now hold 26% of the total system credit in India. This substantial financial participation amounts to an impressive total credit value of Rs 76 lakh crore.
Back to Basics
Terms that put you one step ahead – every day
What is a Soft Landing in Economics?
A soft landing occurs when an economy slows down just enough to control high inflation without slipping into a painful recession. Think of it like a pilot landing an aeroplane after a fast, turbulent flight. They need to reduce speed and bring the plane down to the runway smoothly, avoiding a dangerous crash while safely ending the journey.
Central banks attempt to achieve this by carefully raising interest rates. The goal is to cool off an overheated economy and stabilise prices without causing massive job losses or business closures. For everyday consumers and investors, a soft landing means the economy stays on track. Your investments are protected from severe market crashes, and your job remains relatively secure while the daily cost of living stops climbing so quickly.
Before You Go…
Markets aren’t just charts and tickers; they’re daily tales of ambition and the quiet courage to stay invested.
We’ll be back to cut through the noise, so you can focus on investing intelligently.
