On April 9, 2026, the GIFT Nifty indicated a negative opening for the Nifty50 index, falling 107.80 points or 0.53% to 23,950. This decline comes as oil prices resumed their rally, with Brent Crude trading 2.9% higher at $97.50 per barrel, amid renewed tensions between the US and Iran. Iranian officials have accused the US of violating ceasefire agreements, contributing to market unease. Most Asian markets reflected this negativity, with Japan's Nikkei 225 and South Korea's Kospi down 0.48% and 1.28%, respectively. In contrast, US markets had a strong performance overnight, with the Dow Jones Industrial Average and S&P 500 gaining 2.85% and 2.51%. Investors are also awaiting quarterly earnings reports from Tata Consultancy Services (TCS), Anand Rathi Wealth, GM Breweries, and Rajputana Stainless. Additionally, the Om Power Transmission Initial Public Offer (IPO) opens for subscription today, aiming to raise ₹150.06 crore.