Stock market today: Gift Nifty down; US-Iran war, oil, gold, silver rates — seven stocks to buy or sell on 6 April 2026

Geopolitical tensions, particularly the US-Iran conflict, are driving up commodity prices globally. This could lead to increased input costs for Indian industries and potentially higher inflation, impacting consumer demand.

Consider short positions in sectors heavily reliant on imported crude oil or those sensitive to rising input costs, while looking for potential long opportunities in gold and silver related instruments.

For Indian markets, this story mainly matters for the Commodities, Precious Metals pocket. The current signal is bearish, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •Gift Nifty is down by over 75 points, signalling a gap-down opening on Dalal Street.
• •The market sentiment is influenced by the US-Iran war and its impact on oil, gold, and silver rates.
• •Risk flag: Rapid de-escalation of US-Iran tensions could reverse commodity price trends quickly.
• •Risk flag: RBI intervention or government measures to stabilize commodity prices could alter market dynamics.