Pre-Market Review & Global cues👇 - 08 April, 2026

This is a big one. US–Iran announcing a 2-week ceasefire has completely flipped global sentiment overnight. Crude has crashed ~15% to ~$97, that alone changes the entire macro equation. Global markets reacting hard: • US futures sharply higher (~3%) • Asian markets opened with strong gap-ups across the board • Gift Nifty indicating a ~700 point gap-up At the same time: • US yields cooling • Dollar index slipping This is a clear risk-on shift globally. What it means for us: Yesterday’s fear (oil + war) → Today’s relief (cooling crude + ceasefire) That’s a powerful combination. Bias: Strong Positive Expect a strong gap-up opening. After sharp global moves, intraday behaviour matters more than the open.