The 50-share NSE Nifty climbed 275.50 points or 1.16% to end at 24,050.60. File photo for representational purposes only.
| Photo Credit: Reuters
Benchmark Nifty and Sensex 30 improved over 1%, closing at 24,050.60 and 77,550.25 points on Friday (April 10, 2026), extending the relief rally on Wednesday (April 8) after the U.S. and Iran agreed on a ceasefire.
The indices opened at 23,880.55 and 77,121.01 points, and climbed up gradually to the day’s close.
The increase was broad in terms of sectors, as 19 of the 21 sectoral indices improved, albeit just three sectors improved by over 2% in the session, making the rally broad and soft. Of the 3342 stocks that traded, 2666 advanced and just about 500 declined, confirming the breadth of the rally.
The absence of any major escalation in the past three days has kept the Brent Crude Futures trading at $95.7 a bb, which is more than 13% lower than what it was trading a week ago, when the escalations were expected.
With this relief rally, the market has stayed in the pre-war level for three days straight.
“A follow through strength above 24,100 will open further upside towards 24,300 and 24,700 levels over the coming week, being the 50% and 61.8% retracement of the recent decline 26373-22183. Nifty has immediate support at the 23,450-23,100 levels, being the confluence of the Wednesday gap area and 20-day EMA. Index sustaining above the same will keep the current pullback trend intact,” according to Bajaj broking.
Published – April 10, 2026 04:35 pm IST
