President Donald Trump will deliver a prime-time address tonight outlining U.S. strategy as war risks, oil volatility, and global market uncertainty intensify, according to latest reports. Trump signaled the U.S. could withdraw from its military involvement in Iran "whether we have a deal or not," as reported by Financial Times, underscoring a more flexible — and potentially abrupt — end to U.S. engagement in the conflict. The comments suggest the administration is weighing a unilateral exit rather than tying withdrawal strictly to a negotiated settlement with Tehran, adding to recent signals that the U.S. is seeking to reduce its direct role in the war even as military assets continue flowing into the region.
Global stock markets surged on April 1 as hopes for a swift end to the Iran conflict buoyed sentiment and eased oil price pressure, according to reports from Global Banking & Finance Review. U.S. President Donald Trump said the U.S. will leave Iran "pretty quickly," with attention now turning to his televised address later on Wednesday evening. The rally was broad-based with S&P 500 up 0.7%, Nasdaq gaining 1.2%, and MSCI World posting its biggest 2-day gain since last April. In Asia, South Korea rose 9% and Japan gained 5%, while European markets saw STOXX 600 up 2.5% and FTSE 100 up 1.8%. However, crude oil remains wary, trading near $100 as violence in the Middle East remains elevated, creating a bifurcation between equities and commodities.
Despite geopolitical tensions, U.S. technology stocks reasserted themselves as a perceived safe haven during the Middle East conflict, with semiconductors, hardware, and software stocks stabilizing and even outperforming defense stocks, according to Barclays Research. This relative performance during a geopolitical shock is unusual and reinforces tech's earnings resilience and structural growth appeal amid rising macro uncertainty. However, beneath the surface, global technology supply chains—especially semiconductors—are highly exposed to geopolitical disruption through energy dependence and critical inputs. Taiwan's TSMC and South Korea's Samsung dominate global supply, with Taiwan alone producing more than 90% of advanced semiconductors, making both economies heavily reliant on imported energy with around 60–70% of crude oil imports transiting the Strait of Hormuz.
Indian equity benchmarks rebounded with around 1.6 percent gains on April 1, 2026, according to reports from Moneycontrol. The market showed strong improvement in breadth with 2,778 shares seeing buying interest compared to 228 declining shares on the NSE. However, the market may consolidate with focus on West Asia war developments. Technical analysts suggest these seven stocks present short-term trading opportunities for April 2, with the broader global optimism providing additional support for risk assets.
Chambal Fertilisers & Chemicals is positioned for a potential breakout after establishing strong multi-month support around ₹410 level, as reported by Moneycontrol. The stock has rebounded sharply from these levels and is nearing a breakout from a descending triangle pattern with immediate resistance at ₹455. Technical indicators show favorable momentum with RSI crossing above 50 mark and MACD signaling fresh bullish crossover. The stock has reclaimed its short-term 21-day and 50-day moving averages, with potential upside towards ₹475 and immediate support at ₹430.
Laurus Labs has registered a fresh breakout from symmetrical triangle pattern with current price at ₹1,038.8, according to Moneycontrol analysis. The stock is trading above all short-term and long-term moving averages with MACD giving fresh buy crossover and RSI above 55 mark. Technical experts recommend buying with target of ₹1,145 and stop-loss at ₹1,005. BSE has rebounded twice from 100-day EMA zone of ₹2,675–2,735 over past six sessions, with analysts suggesting accumulation in ₹2,880–2,850 zone targeting ₹3,080.
The global rally was led by industrials, materials, technology, and communications services sectors each rising by 1% or more, as reported by Global Banking & Finance Review. Oil prices fell significantly with Brent down 3% and WTI down 2%, while the U.S. dollar posted its biggest two-day decline since early February, down 0.4%. U.S. natural gas futures fell to their lowest level since the Middle East conflict started on February 28, closing at $2.819/mBtu, down 20% from the post-February 27 peak of $3.494. Looking at granular market developments, mega-cap tech companies are underperforming at the same time as small caps have hit correction territory, with the Russell 2000 briefly falling more than 10%. Six of the 11 sectors are still up for the year, with consumer staples and utilities holding up year-to-date, while energy stocks have been the top-performing sector in 2026, gaining around 40% driven by oil price surges.
