GIFT Nifty Opening Update
GIFT Nifty opened today at 24,335.00. It is up 308.50 points (1.28%) from yesterday’s close of 24,015.50— so the trend is positive.
The Indian stock market benchmark indices, the Sensex and the Nifty 50, are anticipated to open higher on Tuesday, buoyed by favorable global market signals following Donald Trump’s suggestion that the US-Iran conflict might be nearing resolution. Indicators in Gift Nifty suggest a robust opening for the domestic benchmarks. Gift Nifty was positioned at approximately 24,397, indicating a premium of nearly 275 points compared to the prior close of Nifty futures. “Indian equity markets are anticipated to commence on a slightly positive note, bolstered by enhancing global indicators as geopolitical tensions exhibit initial signs of alleviation. Remarks made by Donald Trump indicating that the U.S.–Israel conflict with Iran may reach a resolution shortly have led to a drop in crude oil prices and the U.S. dollar, thereby enhancing risk appetite in global markets. U.S. equities concluded the last session with gains, and Asian markets are exhibiting signs of recovery after the decline in oil prices, suggesting a slight enhancement in global sentiment,” stated Ponmudi R.
On Monday, the Indian equity market closed significantly down due to increasing tensions between the US and Iran, alongside a notable surge in crude oil prices. The Sensex experienced a significant drop of 1,352.74 points, representing a decline of 1.71%, closing at 77,566.16. Meanwhile, the Nifty 50 fell by 422.40 points, which is a decrease of 1.73%, settling at 24,028.05. In light of the ongoing US-Iran conflict, attention is expected to be directed towards these stocks on Tuesday, March 10, 2026 —
Equities to Monitor:
- The National Stock Exchange of India is set to add six stocks to the futures and options (F&O) segment, effective April 1, 2026. The additions include Adani Power, Cochin Shipyard, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart.
- Power Grid Corporation of India – The board has sanctioned the raising of up to Rs 5,000 crore via an unsecured rupee term loan or line of credit (bank facility) from Union Bank of India. An investment of Rs 234 crore has been allocated to establish a Security Operations Center for substations (OT SOC).
- Torrent Power has issued and allotted 2 lakh secured, rated, listed, taxable, non-cumulative, redeemable non-convertible debentures (NCDs) totaling Rs 2,000 crore via a private placement.
- Bajaj Finserv reported its premium collections for its insurance operations, with Bajaj Allianz General Insurance announcing gross direct premium underwritten of Rs 1,094.04 crore in February 2026.
- Reliance Industries announced on Monday the completion of its acquisition of the ‘Pahadi Local’ brand, including its business operations, from Pahadi Goodness.
- IdeaForge Technology announced on Monday that its wholly owned subsidiary, IdeaForge Technology Ind Inc., has initiated a specialized drone flight-test training program for NATO military personnel at the National Test Pilot School (NTPS) in the United States.
- Dixon Technologies has received the green light from the Ministry of Electronics and Information Technology under Press Note 3 (2020) for its planned joint venture with HKC Overseas Ltd.
- Hinduja Global Solutions announced that its broadband subsidiary, OneOTT Intertainment, has signed a memorandum of understanding (MoU) with the Uttar Pradesh State Transformation Commission to improve digital connectivity throughout Uttar Pradesh as part of Project GANG.
- NTPC Green Energy has announced the commissioning of its 250-MW solar photovoltaic project located in Andhra Pradesh. The project is under the ownership of Ayana Kadapa Renewable Power, which is a fully owned subsidiary of the joint venture entity ONGC NTPC Green.
- Akzo Nobel India has been issued a draft assessment order by the assessing officer of the Income Tax Department, suggesting an increase of Rs 111.63 crore to its income under corporate tax and transfer pricing regulations for the assessment year 2023–24.