GIFT Nifty Opening Update
GIFT Nifty opened today at 24,500.00. It is up 34.00 points (0.16%) from yesterday’s close of 24,420.00— so the trend is positive.
The Indian equity benchmarks, Sensex and Nifty 50, are anticipated to commence trading on a positive note on Monday, influenced by mixed global market signals, as investors exercise caution regarding escalating tensions in the Middle East stemming from the US-Iran conflict. Gift Nifty trends indicate a robust opening for domestic indices, as the index hovers around the 24,476 level, showcasing a premium of approximately 108 points relative to the prior close of Nifty futures. “Indian equity markets are expected to open on a cautious note, with renewed geopolitical tensions weighing on investor sentiment. Although a two-week ceasefire had offered some relief earlier, remarks by U.S. President Donald Trump accusing Iran of violations, along with reports of a U.S. seizure of an Iranian vessel, have dented confidence in the diplomatic process and introduced fresh uncertainty,” said Ponmudi R.
On Friday, the domestic market experienced a significant rally, with the benchmark index concluding above the 24,300 level. The Sensex increased by 504.86 points, representing a rise of 0.65%, concluding at 78,493.54. Meanwhile, the Nifty 50 saw an advancement of 156.80 points, also up by 0.65%, finishing at 24,353.55. In light of the ongoing US-Iran conflict, attention is expected to be directed towards these stocks on Monday, April 20, 2026 —
Equities to Monitor:
- Billionbrains Garage Ventures (Groww), Bank of Maharashtra, and PNB Housing Finance shares will attract attention on Monday as these companies are set to announce their Q4 results for 2026.
- HDFC Bank reported a net profit of Rs 19,221 crore for the March quarter, indicating a 9% increase from Rs 17,616 crore achieved in the corresponding period of the previous year.
- ICICI Bank announced a net profit of Rs 13,702 crore for the fourth quarter of FY26 on Saturday, reflecting an 8% increase year-on-year from Rs 12,630 crore in the same period last year.
- Yes Bank demonstrated a strong performance in its Q4 results, with net profit increasing by 45% year-on-year to Rs 1,068 crore, compared to Rs 738 crore in the same period last year.
- Trent has informed the exchanges that its board is set to convene on April 22 to deliberate on the potential issuance of bonus shares to investors, contingent upon shareholder approval.
- Jio Financial Services experienced a 14% decline in its consolidated net profit for the quarter ending March 2026, reporting Rs 272 crore compared to Rs 316 crore in the same period the previous year.
- Reliance Industries is poised to disclose its Q4FY26 results on April 24, with the board anticipated to evaluate and sanction the final dividend for the financial year concluding in March 2026.
- BHEL reported a provisional turnover of Rs 32,350 crore for FY2026, indicating an 18% rise relative to the prior year.
- Lupin Limited has been subject to three observations from the US Food and Drug Administration after an inspection of its Somerset facility conducted between April 13 and 17.
- Cipla informed the exchanges that the USFDA conducted a pre-approval inspection at its manufacturing facility in Goa, resulting in the issuance of a Form 483 containing two observations.