April 1 marks the beginning of the brand-new financial year. The new fiscal year, FY 2025-2026, is upon us as we bid adieu to FY 2024-2025.

Markets In the New Fiscal Year

This new fiscal year comes at an interesting time, as global trade looks at a trying and testing time ahead of it, with US President Donald Trump's tariffs looming like a dark cloud.

When we come to the Indian indices, the marquee indices started Tuesday, April 1 on a cautious note.

While the end of the day's trade, the opening bell and trade so far have been slim. The benchmark Sensex index, at the time of writing, was trading in the red with losses of 237.68 points or about 0.31 per cent, taking the value to 77,177.24 points. The Nifty Bank index made minor gains of 60.75 points or 0.12 per cent, taking the overall value of the index to 51,625.60.

Nifty was in green, while struggling with volatility amid minor gains. At the time of writing, the Nifty 50 index was trading with gains of 22.90 points or 0.10 per cent, taking the overall value to 23,542.25 points.