08/04/2026
Daily Market Update - April 08, 2026*
Markets end on a high note today.
*Equity:*
Nifty: 23997.35 (+3.78 % or +873.70 points) Sensex: 77562.90 (+3.95% or +2,946.32 points)
*Bond:*
Oct'2034 10-Y G.Sec.. 6.925%
*Commodities: Futures*
Gold (5th June '26): 1,53,200.00 (+1.94% or +2911.00 point(s))
Silver (5th May'26): 2,44,886.00 (+5.85% or +13538.00 point(s))
*Currency:*
USDINR: 92.99
*Top Gainer(s) (Nifty 50):*
1. Shriram Finance (+10.14%)
2. Tata Motors Passenger Vehicles (+8.75%)
3. Adani Enterprises (+8.65%)
4. Eicher Motors (+8.55%)
5. Indigo (+8.09%)
*Top Loser(s) (Nifty 50):*
1. Coal India (-3.02%)
2. Tech Mahindra (-1.35%)
3. Nestle (-0.67%)
4. Wipro (-0.55%)
5. Sun Pharmaceutical Industries (-0.29%)
*More Updates:*
*Domestic News:*
* The Reserve Bank of India has maintained the repo rate at 6.50% for the latest policy cycle. CPI inflation is hovering around 5%, within the target band of 2–6%.
* RBI has projected India’s GDP growth at 6.9% for FY27, lower than the estimated 7.6% for FY26, citing global risks.
* The Adani Group plans to invest ₹33,081 crore in Odisha across data center, power plant, and cement projects, which could create ~9,700 jobs and boost infrastructure and energy supply in the state.
*International News*
* U.S President Donald J. Trump said the US will pause attacks on Iran for 2 weeks if Iran agrees to open the Strait of Hormuz safely, as both sides are close to a ceasefire and long-term peace deal.
* Under this 2-week ceasefire plan, Iran (with Oman) may charge ships up to ~$2 million per trip through the Strait of Hormuz, and the money could be used for rebuilding Iran according to sources.
*Word of the day!*
*Receivables Turnover Ratio*
• The receivables turnover ratio measures how efficiently a company collects cash from its credit customers over a specific period.
• It is calculated as Net Credit Sales divided by Average Accounts Receivable.
• A higher ratio indicates efficient collection processes and strong cash flow, while a lower ratio may suggest delays in collecting payments or lenient credit policies.
• However, an excessively high ratio may indicate overly strict credit terms, which could limit sales growth and customer relationships.