Market Report- Markets reverse gain as war cloud darkens

The benchmark indices opened lower on April 2, 2026, as global sentiment soured following a high stakes address by US President Donald Trump regarding the conflict in Iran. At 9.27 am, Sensex slipped 1.92% or 1365 points to 71,764, Nifty dipped 1.89% or 430 points to 22,248.

Rupee Check-

• Rupee opened at 93.53/$ against previous close of 94.83/$. Rupee strengthens by Rs. 1.30 paise against US dollar.

Global News-

• Asia Pacific share fell, reversing a rebound from its worst month in more than 17 years, as Trump's speech damped optimism for a swift end to the conflict.
• European markets close higher as Iran war intensifies and economic sentiment sours.