GIFT Nifty Opening Update
GIFT Nifty opened today at 25,494.50. It is down 20.00 points (-0.08%) from yesterday’s close of 25,453.50— so the trend is negative.
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to commence trading on a lower note this Monday, influenced by the mixed signals emanating from global markets. Asian markets exhibited minimal movement, as numerous exchanges were closed for holidays, while the US stock market concluded the week with a varied performance. “Indian equity markets are expected to be highly responsive to global signals after last week’s significant downturn, primarily driven by technology stocks. Ongoing worries regarding AI-induced disruption remain a significant concern for major IT players, dampening some of the optimism previously generated by the US–India interim trade framework and highlighting a wider risk-averse sentiment. Stabilisation within the IT sector will be crucial for rebuilding broader market confidence,” stated Ponmudi R.
On Friday, Indian benchmark indices — the Sensex and Nifty — experienced significant declines, driven by unfavorable global signals and increasing worries regarding artificial intelligence and its possible effects on the global economy. The Sensex experienced a decline of 1,048 points, equivalent to 1.25%, concluding at 82,626.76. Meanwhile, the Nifty 50 saw a drop of 336 points, or 1.30%, finishing at 25,471.10.
Equities to monitor:
- Manappuram Finance – The Reserve Bank of India has granted its final approval for the proposed acquisition of control and up to a 41.66% stake in the paid-up equity capital/convertible instruments of Manappuram Finance by BC Asia Investments XXV and BC Asia Investments XIV.
- Religare Enterprises shares are expected to attract attention following the company’s announcement that its board has sanctioned the demerger of Religare Enterprises and Religare Finvest into two independently listed entities.
- Ola Electric Mobility reported a narrower net loss in the third quarter of fiscal year 2026, as improved margins and stricter cost management somewhat mitigated the effects of a significant drop in revenue, underscoring the consequences of an operational overhaul implemented during the quarter.
- Hindustan Copper – The Government of Jharkhand has issued a demand notice to Hindustan Copper for the recovery of Rs 929.4 crore, claiming that the company conducted production at the Surda mine without valid statutory approvals or exceeded permitted limits during the period from FY2000-01 to FY2016-17.
- Fortis Healthcare experienced a 21.9% decrease in net profit, totaling Rs 193.7 crore for the quarter ending December 31, 2025. This decline occurred despite a 17.5% rise in revenue, which reached Rs 2,265 crore compared to the same period last year.
- Torrent Pharma on Friday reported a net profit of Rs 635 crore for Q3 FY26, marking a 26.3% increase from Rs 503 crore posted in the corresponding period last year.
- Adani Enterprises’s subsidiary, Horizon Aero Solutions, has successfully acquired a complete 100% stake in Indamer Technics for Rs 330 crore, thereby establishing Indamer Technics as a step-down subsidiary of the company.
- Zydus Lifesciences has obtained the final endorsement from the United States Food and Drug Administration (USFDA) for its Ammonium Lactate Cream, 12%.
- Signature Global has entered into a partnership with RMZ, a leading commercial real estate developer and asset manager, to create a mixed-use project that will include office spaces, hotels, and retail outlets along the Southern Peripheral Road in Gurugram.
- Lodha Developers has executed a Share Purchase Agreement to obtain an 80% interest in Solidrise Realty (SRPL) for Rs 294 crore.