India’s auto industry started FY27 on a steady footing in April 2026, with demand holding up across most key segments even as volumes normalized after the fiscal year-end push in March.
US markets closed mixed on Wednesday, as geopolitical tensions between the US and Iran, combined with cautious sentiment ahead of key economic data and Fed signals, kept investors cautious. The Dow Jones Industrial Average fell 280 points, or 0.57%, for its fifth consecutive day of losses, while the S&P500 fell 0.04% and the Nasdaq Composite rose 0.04%.
During the April derivatives series, Nifty futures witnessed a sharp V shaped recovery, primarily supported by a significant improvement in global risk sentiment following the ceasefire between the US and Iran. This easing of geopolitical tensions helped restore investor confidence and triggered strong short covering across the market.
U.S. markets fell on Tuesday, with benchmark indices pulling back from record highs due to weakness in the technology sector. The S&P 500 declined 0.49%, the Nasdaq Composite dropped 0.90%, and the Dow Jones down 0.05%. The sell-off was driven by tech stocks after reports that OpenAI missed its internal revenue and user growth targets, putting pressure on Oracle, Broadcom, and Nvidia.
U.S. markets ended mixed on Monday, with the S&P 500 and Nasdaq Composite hitting new intraday and closing highs, rising 0.12% and 0.20%, respectively, while the Dow Jones Industrial Average fell 62.92 points, or 0.13%, as gains were capped by delayed US-Iran peace talks, with no meetings currently planned, though some optimism emerged around the potential reopening of the Strait of Hormuz if tensions eased.