On April 23, 2026, the GIFT Nifty indicated a negative opening for India's Nifty50, falling 179 points to 24,206 as investors reacted to geopolitical tensions stemming from the US-Iran ceasefire announced on April 7. While US President Donald Trump stated that the ceasefire will remain until Iran submits a unified proposal, Iran has refused to engage in negotiations, leading to concerns about inflation and growth. In Asia, Japan's Nikkei 225 experienced a slight decline of 0.47%, while South Korea's Kospi rose 1.38%, reflecting mixed market reactions. Brent crude oil prices remained elevated, trading above $100 per barrel as hostilities in the Strait of Hormuz continued to impact supply. Additionally, several companies, including Infosys and Adani Energy Solutions, are expected to announce their Q4 results today, while Adisoft Technologies is set to open its initial public offering (IPO) to raise ₹74.10 crore (approximately $8.9 million USD).