Morning Market Update – 07/04/2026
Markets showed mixed trends, with sugar prices easing slightly while crude oil surged to $116/bbl, supporting ethanol gains. Currency movement remained stable, with INR weakening. Equities rallied strongly, led by Sensex and Nifty gains. Overall sentiment reflects firm energy markets, steady agri commodities, and positive momentum in financial markets.
Yesterday’s closing dated – 06/04/2026
◾London White Sugar #5 (SWK26) – 435.70s (-6.40)
◾NYBOT Raw Sugar #11 (SBK26) – 14.97s (-0.03)
◾USD/BRL-5.1403 (+0.0027-0.0169)
◾USD/INR – 93.230 (+0.170)
◾Corn (ZCH26) – 453-6 (-0-2)
◾Ethanol Chicago $/gal – 2.00250s (+0.00750)
◾Brent Crude – $116.19/bbl (+3.78)
◾BSE Sensex – 74106.85(+787.30)
◾NIFTY50 – 22968.25 (+255.15)
March NY world sugar #11 (SBK26) on Wednesday closed down -0.03 (-0.20%), and March London ICE white sugar #5 (SWK26) closed down -6.40 (-1.45%)
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Source : Chinimandi
