Indian Stock Market Update: Nifty and Sensex Decline Amid US-Iran Tensions, Eight Stocks to Watch
Stock market today: Gift Nifty jumps; US-Iran war, India VIX to oil, gold, silver rates — eight stocks to buy or sell
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On April 15, 2026, the Indian stock market faced a significant downturn with the Nifty 50 index dropping 207 points to close at 23,842. Despite this, the Gift Nifty indicates a potential recovery, rising by 350 points. Analysts recommend eight stocks for intraday trading amidst mixed global cues and ongoing geopolitical concerns.
- 01Nifty 50 index fell 207 points to 23,842 amid US-Iran war tensions.
- 02Gift Nifty shows signs of recovery, up 350 points indicating bullish sentiment.
- 03Global markets, including US equities, are trading positively despite geopolitical risks.
- 04Eight stocks recommended for intraday trading include Adani Energy Solutions and Bank of India.
- 05India VIX is expected to moderate, indicating reduced market volatility.
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On April 15, 2026, the Indian stock market experienced a sharp decline, with the Nifty 50 index falling 207 points to close at 23,842 and the BSE Sensex dropping 702 points to 76,847. The sell-off was widespread, particularly affecting auto, FMCG, and IT sectors, while select energy and pharma stocks showed relative strength. In contrast, the Gift Nifty index surged by 350 points, suggesting a potential recovery as global markets, including US equities, displayed positive momentum. Analysts predict that Indian markets may open strongly today, with the Gift Nifty indicating a gap-up start near the 24,200 level. The easing tensions regarding the US-Iran conflict have contributed to a decline in crude oil prices, which is beneficial for India's economy due to its energy import reliance. Gold and silver prices have also shown gains, trading at $4,855 and $79 per ounce, respectively. Analysts have recommended eight stocks for intraday trading, including Adani Energy Solutions and Bank of India, while advising caution and strategic stock selection for investors.
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The decline in stock indices may affect investor confidence and trading strategies, while easing crude oil prices could alleviate inflation concerns for consumers in India.
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