On April 24, 2026, the GIFT Nifty, a key indicator for the Nifty50 index in India, was trading at 24,232, up 69 points, suggesting a positive opening for the Indian stock market. However, most Asian markets experienced declines, with the Kospi and Hang Seng down 0.22% and 0.45%, respectively. This mixed performance was largely attributed to concerns over stalled US-Iran negotiations, which have raised fears of prolonged energy supply disruptions from the Strait of Hormuz. In contrast, Japan's Nikkei 225 saw a rise of 0.55% after reports indicated a 1.8% increase in core inflation for March, marking the first acceleration in five months. Brent crude oil prices surged above $106 per barrel, reflecting ongoing supply issues. In corporate news, several companies, including Adani Green Energy and Reliance Industries, are set to announce their Q4 results today. Additionally, the IPO of Adisoft Technologies is currently underway, having been subscribed 2.03 times on its first day.