Indian equity benchmark -- Nifty ended lower with cut of over half a percent on Monday amid escalation in geopolitical tensions. Index made a gap-down start following negative cues from other Asian markets as failed US-Iran ceasefire talks and jitters of a blockade on Strait of Hormuz sparked widespread uncertainty in the global markets. Besides, traders were worried as a private report indicated that the U.S. Navy is set to block ships from Iranian ports following failed diplomatic talks, raising concerns over supply disruptions. Further, surging crude oil prices and depreciating rupee also weighed on market sentiments. After a while, index started trimming losses as market participants took some support with renewed foreign fund inflow. As per exchange data, foreign institutional investors bought equities worth Rs 672.09 crore on April 10, 2026. In last leg of the session, index extended its recovery but remained in red. Finally, Nifty ended below 23,850 mark.
All sectorial indices ended in red. The top gainers from the F&O segment were JSW Energy, Multi Commodity Exchange of India and Voltas. On the other hand, the top losers were Eicher Motors, Cholamandalam Investment and Finance Company and Maruti Suzuki India. In the index option segment, maximum OI continues to be seen in the 25900 - 26100 calls and 22900 - 23100 puts indicating this is the trading range expectation.
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