GIFT Nifty Opening Update
GIFT Nifty opened today at 23,105.50. It is down -141.50 points (-0.61%) from yesterday’s close of 23,278.00— so the trend is negative.
The Indian stock market is projected to open down on Friday due to unfavorable global cues from the US-Iran confrontation and inflation fears. GIFT Nifty is trading around 23,112, roughly 188 points below the previous closing of Nifty futures, indicating a cautious start. The Indian equities market may open weak due to global uncertainty, economic headwinds, and institutional selling. The environment is volatile and event-driven. US–Iran tensions remain a major issue. Ponmudi R. noted that while there are sporadic signs of de-escalation, the potential of further escalation keeps markets sensitive to global developments.
On Wednesday, the Indian stock market gained for the second day in a row. The Sensex rose 1,205.00 points, or 1.63%, to 75,273.45, while the Nifty 50 rose 394.05 points, or 1.72%, to 23,306.45. On Friday, March 27, 2026, these equities may remain in spotlight amid US-Iran war deescalation.
Equities to Monitor:
- Reliance Industries – Thursday’s exchange filing by Reliance Industries denied media claims of importing Iranian crude oil as unfounded, inaccurate, and deceptive.
- Life Insurance Corporation of India alerted exchanges of an income tax and interest demand order on Wednesday. The corporation suggests challenging the order with the Commissioner of Income Tax (Appeals).
- Infosys will buy Florida-based KLAS-recognized healthcare IT digital transformation and consulting company Optimum Healthcare IT for $465 million and Stratus Global for $95 million.
- IREDA – The FY26 interim dividend from IREDA is Rs 0.6 per share. The record date for eligible shareholders is April 2, 2026.
- Azad Engineering will supply innovative, highly developed hot-section nozzle vane segments for gas turbine engines to Mitsubishi Heavy Industries (MHI) for eight years, including pricing.
- Chennai Petroleum declared an interim dividend of Rs 8 per share for 2026 on Thursday.
- Bharat Dynamics – Two new manufacturing facilities are being built by Bharat Dynamics in Telangana and Uttar Pradesh. These developments match its almost Rs 26,000 crore order book and Rs 15,000 crore planned in FY 2026–27.
- Sadhav Engineering Limited – As part of its debt restructuring plan, Sadhav Engineering Limited executed an MRA with most of its consortium lenders.
- NHPC—The board authorized a borrowing strategy to raise up to Rs 8,000 crore in debt in 2026–27. Private placement of non-convertible corporate bonds in one or more tranches, term loans, or external commercial borrowings will raise the funds.
- HFCL Technologies‘ Rs 580 crore preform manufacturing facility was approved by the board.