GIFT Nifty Opening Update
GIFT Nifty opened today at 22,499.00. It is down -167.50 points (-0.73%) from yesterday’s close of 22,827.00— so the trend is negative.
The Indian stock market benchmark indices, the Sensex and the Nifty 50, are expected to face downward pressure and open lower on Monday, influenced by the weakness observed in global markets as the US-Iran conflict continues into its fifth week, leading to an increase in crude oil prices and heightening inflation worries. This week, market participants will pay close attention to significant catalysts including updates on the US-Iran conflict, advancements in ceasefire negotiations, fluctuations in crude oil prices, patterns in foreign institutional investor flows, as well as the prices of gold and silver, in addition to other crucial domestic and international macroeconomic data releases.
“The Indian equity market is anticipated to commence on a subdued to cautious note, with overall sentiment continuing to be fragile due to ongoing geopolitical tensions, macroeconomic pressures, and lackluster global cues. The ongoing US–Iran conflict, now in its fifth week without a clear resolution, continues to create an event-driven market environment, which is dampening investor confidence and increasing volatility,” stated Ponmudi R.
On Friday, the Indian stock market experienced significant declines, marking the continuation of its losing streak for a fifth consecutive week. The Sensex experienced a significant drop of 1,690.23 points, reflecting a decrease of 2.25%, concluding at 73,583.22. Meanwhile, the Nifty 50 saw a decline of 486.85 points, which corresponds to a 2.09% fall, finishing at 22,819.60. In light of the escalating tensions between the US and Iran, attention is expected to be drawn to these stocks on Monday, March 30, 2026 —
Equities to Monitor:
- Coal India and Damodar Valley Corporation have formally launched a joint venture company, each holding equal ownership stakes.
- JSW Steel has disclosed that its subsidiary will acquire BPSL’s steel business unit through a slump sale, which will be regarded as a going concern.
- RailTel Corp has obtained a Letter of Intent valued at Rs 444 crore for the system integration aspect of Karnataka’s KSWAN 3.0 network project, aiming for completion by 2031.
- Info Edge intends to allocate as much as Rs 250 crore towards an alternative investment fund (AIF) designed to bolster early-stage deep-tech startups in India.
- Sammaan Capital announced that it has obtained all necessary regulatory approvals for Avenir Investment RSC Ltd’s intended acquisition of a controlling interest in Sammaan Capital.
- NTPC Green has reported that its subsidiary, NTPC Green Energy Ltd, has successfully reached the commercial operation date (COD) for additional solar capacity: 75 MW at the 500 MW Bhadla project in Rajasthan and 105 MW at the 1,200 MW Khavda-II project in Gujarat.
- NHPC has disclosed that its subsidiary, NHDC Limited, is facing an income tax demand amounting to Rs 231.78 crore, which includes Rs 45.31 crore attributed to interest, as issued by the Income Tax Department.
- GR Infraprojects has been awarded the L1 bid for an NHAI project worth Rs 1,453.57 crore in Gujarat, focusing on the enhancement of a two-lane road to a four-lane configuration.
- Gujarat Fluorochemicals – GFCL EV, a subsidiary of the company, has successfully secured $80 million from a notable global investor, in addition to the $50 million previously raised from the International Finance Corporation (IFC).
- CMS Info Systems announced the acquisition of the ATM managed services division from Financial Software and Systems (FSS) for Rs 115 crore. The transaction encompasses the transfer of operational assets and the reassignment of customer contracts, with an anticipated completion in the first quarter of fiscal year 2027.