Indian stock indices opened under pressure on Thursday, 9 April, 2026 as Iran again closed the Strait of Hormuz on alleged ceasefire violations by Israel. Sensex declined to 77,062 points and Nifty drifted 130 points. Asian markets mostly fell Iran says 3 ceasefire clauses ‘openly and clearly violated’ Speaker of the Parliament of Iran, Mohammad Bagher Ghalibaf, claimed that key terms of the ceasefire were breached, raising fresh doubts over prospects for negotiations between Iran, the US and Israel. Strait of Hormuz remains restricted The Strait of Hormuz remained shut to vessels sailing without a permit and shippers said they needed more clarity before resuming transit. Stocks like Adani Ports, Infosys, Ultra Cement, Bajaj Finance, LT, Axis Bank, IndiGo and HCL Tech were among the major losers on the Sensex. Mixed sector-wise performance: Among sectors, IT and Private Bank lost the most, while Media and Pharma were the major leaders. Oil prices rise as Hormuz remains shut Global crude benchmark, Brent Oil prices rose as Iran again closed the Hormuz Strait following the ceasefire violation. Prices rose 2% to $96 per barrel on Thursday. Rupee remains below 93/$ mark Rupee has fallen 16 paise to 92.70 against US dollar on Thursday. US markets settle higher on overnight deals Indian stocks closed higher for 5th straight day The stock market rallied yesterday, April 8, after the announcement of a 2-week ceasefire between the US and Iran. The Sensex closed up 2946 points (3.95%) at 77,563. The Nifty also rose by 874 points (3.78%) and closed at 23,997. Post navigation Home loan EMIs may reduce despite no repo rate cut:Banks lower interest rates by a smaller margin than RBI’s policy rate World Bank raises India’s FY27 GDP forecast to 6.6%:PM Modi’s GST rate cut to drive growth
