Pre Market Review & Global cues - 02 April, 2026
Overnight strength didn’t sustain and that’s where the story flips. US closed higher, but futures have already turned red. Yields ticking up, dollar holding firm near 100. The real trigger is crude. Brent spiked sharply from $102 to ~$109.5 after Trump signalled the war isn’t slowing down. That’s a problem for inflation-sensitive markets like ours. Asia is bleeding across the board. No support coming from global peers. Gift Nifty already pointing to a 200+ point gap down. USDINR at 94.77 adds another layer of pressure. Setup is clear: Gap down open → watch if panic extends or gets bought. All eyes on how market reacts to crude + global risk-off.
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