India, April 15 -- Indian equities extended their April recovery on April 15, 2026, drawing fuel from a second straight session of crude oil declines and cautious optimism that US-Iran diplomatic talks could resume shortly. Brent crude fell 0.37 percent to $94.44 a barrel, while US West Texas Intermediate dropped more sharply, down 1.04 percent to $90.33.

For an import-dependent economy where crude prices feed directly into inflation, fuel subsidies, and current account dynamics, the direction of oil matters more to Indian markets than almost any other external variable.

The Sensex has gained close to 9 percent through April so far, recovering ground over a four-month losing streak that began in late 2025. The Nifty 50 has followed a si...