GIFT Nifty Opening Update
GIFT Nifty opened today at 25,988.00. It is up 6.00 points (0.02%) from yesterday’s close of 25,972.50— so the trend is positive.
Indian indices – Sensex and Nifty 50 – are anticipated to start Thursday’s session on a muted note, reflecting mixed signals from global markets. Gift Nifty trends indicated a prudent start for domestic equities. The index was positioned around the 25,980 level, indicating a decline of approximately 14 points relative to the prior closing of Nifty futures. “Indian equity markets are anticipated to exhibit a flat to slightly positive trend in today’s session. Optimism surrounding the India–US interim trade framework continues to underpin sentiment, while stability in the rupee has eased currency-related concerns and strengthened foreign investor confidence,” said Ponmudi R.
On Wednesday, the Indian stock market closed mostly flat as profit booking took place, yet the Nifty 50 successfully maintained its position above the 25,950 mark. The Sensex declined by 40.28 points, representing a decrease of 0.05%, concluding at 84,233.64. In contrast, the Nifty 50 experienced a slight increase of 18.70 points, or 0.07%, finishing at 25,953.85. Shares of HAL, HUL, ONGC, Coal India, Bharat Forge, Indian Hotels, IRCTC, Muthoot Finance, and Hindalco are set to attract attention today as these companies announce their Q3 results for 2026.
Equities to monitor:
- LG Electronics reported a significant 61% year-on-year decline in its consolidated net profit, amounting to Rs 89.7 crore for the third quarter.
- The Reserve Bank of India has granted approval to ICICI Prudential Asset Management Company and entities within the ICICI Bank group to acquire up to a 9.95% stake in Federal Bank.
- Lenskart Solutions consolidated net profit for the December quarter surged 6,982% year-over-year to Rs 131 crore, a significant increase from Rs 2 crore reported in the corresponding period last year.
- BHEL announced on Wednesday that it intends to utilize the oversubscription option following strong demand from non-retail investors for its offer for sale.
- Patanjali Foods reported a 60% year-over-year growth in consolidated net profit for the December quarter, increasing to Rs 594 crore from Rs 371 crore in the same period last year.
- IRCON on Wednesday reported a net profit of Rs 99.9 crore for the third quarter, reflecting a 15.97% year-over-year increase from Rs 86.1 crore recorded in the same period last year.
- AstraZeneca Pharma exhibited a varied performance in Q3, achieving a 5.9% year-over-year rise in net profit to Rs 32.6 crore, compared to Rs 30.8 crore in the same quarter of the previous year.
- Ather Energy – In a block deal, the Indian government and the National Investment and Infrastructure Fund-II, managed by institutional investors, completely divested from Ather Energy by selling their entire stake of 73.33 lakh shares—accounting for 1.92% of the paid-up equity—for Rs 330.6 crore via transactions on the BSE and NSE.
- Godrej Industries reported its Q3 (October–December) results, revealing an 8.7% year-on-year rise in consolidated net profit to Rs 204.5 crore, compared to Rs 188.2 crore in the same quarter last year.