Nifty Surges Amid Global Tensions, Eight Stocks to Watch Amid Increased Volatility

Indian Stock Market Crashes Amid US-Iran War Escalation

The Indian stock market ended lower on Monday, April 15, 2026, following weak global cues on the escalation of the US-Iran war. The Nifty 50 index crashed 207 points, closing at 23,842, while the BSE Sensex nosedived 702 points, closing at 76,847. The Bank Nifty index corrected 3307 points and closed at 55,605.

The sell-off was broad-based, with auto, FMCG, and IT stocks leading the decline, while select pockets within the energy and pharma space showed relative resilience. Broader markets also remained under pressure, with midcap and smallcap indices declining around 0.5% each.

However, the Gift Nifty index, which is a gauge of the Indian market's performance, is up by around 350 points, showcasing strong vibes favoring bulls. Global markets have reinforced this positive tone, with US equities ending higher and the Nasdaq extending its rally with a 2% gain, marking its tenth consecutive day of advances.

Global Markets Signal Stability Amid US-Iran Tensions

US equities ended higher, with the Nasdaq extending its rally with a 2% gain, marking its tenth consecutive day of advances, while the Dow Jones added around 300 points. This strength has carried into Asia, where markets are trading firmly in the green. Japan's Nikkei is up more than 1%, while South Korea's Kospi is leading gains with a rise of over 3%.

The consistency in global risk appetite suggests that investors are positioning for stability rather than escalation. Indian markets are set to open on a strong note today, with the Gift Nifty signalling a solid gap-up start near the 24,200 zone, compared to Monday's close of 23,842.

Gold and Silver Prices Hold Gains Amid Renewed Optimism

Gold and silver prices held gains for a second session on Wednesday, April 15, amid renewed optimism that the US and Iran are working toward a negotiated resolution to the war. The COMEX gold rate today surged marginally higher to $4,855 per ounce in early trading after rising over 2% in the previous session.

Renisha Chainani, Head - Research at Augmont, said that gold and silver remain in a confirmed bull trend, but the path higher is volatile. The ceasefire is fragile, inflation is rising, and ETF flows are mixed. On the technical outlook of gold prices, Chainani said that gold has a resistance zone around $4800 to $4850 (~ ₹154,000 to ₹155,000), if prices sustain above this level, it can tend higher towards $5000 (~ ₹160,000), while $4600 (~ ₹148,500) is the strong support.

Crude Oil Prices Fall Amid Expectations of US-Iran Peace Talks

Crude oil prices fell for a second straight session amid expectations that US-Iran peace talks may resume, potentially easing supply concerns from the Middle East. Brent crude futures fell 0.37% to $94.44 a barrel, after declining 4.6% in the previous session. US West Texas Intermediate crude dropped 1.04% to $90.33, following a 7.9% fall in the previous session.

FII-DII Data

FIIs remained net sellers on Monday by offloading Indian shares worth ₹-1,983.18 crore, whereas DIIs bought shares worth ₹2,432.30 crore in the cash segment. FIIs offloaded shares worth ₹346.30 crore in the Index Futures segment, and ₹34,725.52 crore in the Index Options segment.

Stock Market Outlook

Ajit Mishra, SVP — Research at Religare Broking, said the index tested its crucial support at the short-term moving average (20 DEMA) near the 23,500 mark and managed to inch higher. Sustaining above this level is critical for any further rebound; otherwise, the bias may turn negative to sideways.

Bank Nifty Outlook

Vatsal Bhuva, Technical Analyst at LKP Securities, said the key benchmark index ended on a positive note, forming a long green candlestick on the daily chart, indicating buying interest from lower levels after recent weakness. The price action suggests a likely consolidation within a broad range of 54,500 to 56,200, where 54,500 is expected to act as strong support and 56,200 as a key resistance zone.

Stocks to Buy Today

Market experts — Sumeet Bagadia of Choice Broking, Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi, and Shiju Koothupalakkal, Senior Manager — Technical Research at Prabhudas Lilladher, recommended these eight buy-or-sell stocks for intraday trading:

| Stock | Buy/Sell | Target Price | Stop Loss | | --- | --- | --- | --- | | Adani Energy Solutions | Buy | ₹1270 | ₹1134 | | Maharashtra Seamless | Buy | ₹679 | ₹606 | | Adani Ports | Buy | ₹1510 | ₹1430 | | Bank of India | Buy | ₹155 | ₹140 | | KFin Tech | Buy | ₹940 | ₹880 | | HBL Engineering | Buy | ₹790 | ₹734 | | Transformers and Rectifiers | Buy | ₹308 | ₹285 | | Sarda Energy | Buy | ₹610 | ₹566 |