The Indian stock market experienced a positive session on April 8, 2026, with the Nifty 50 index gaining 155 points to close at 23,123 and the BSE Sensex rising by 509 points to finish at 74,616. The market's upward momentum is attributed to a ceasefire agreement between the United States and Iran, which has alleviated concerns over energy supply disruptions. The Gift Nifty index surged by over 700 points, suggesting a strong gap-up opening for the Indian markets. Crude oil prices plummeted by 14.50%, falling below the psychological $100 per barrel mark, currently trading at around $96.50. In the commodities market, gold and silver saw significant buying, with gold reaching an intraday high of $4,886 per ounce and silver hitting $77.445 per ounce. Analysts recommend eight stocks for intraday trading, including Natco Pharma and Maruti Suzuki India, advising investors to maintain a cautious stance while focusing on stock-specific opportunities.