GIFT Nifty Opening Update
GIFT Nifty opened today at 22,640.00. It is down -11.50 points (-0.05%) from yesterday’s close of 22,705.00— so the trend is negative.
As investors assess recent developments in the US-Iran dispute in the Middle East, the Indian stock market is expected to open down on Monday amid conflicting global indications. With the index trading at 22,641, down over 67 points from the previous close of Nifty futures, Gift Nifty trends also suggest a gap-down opening for the local markets. “Indian markets are anticipated to open quiet, with Gift Nifty indicating a flat opening in the 22690–22700 range. Markets resume full trading after a short three-day break, with sentiment still rooted in world events, especially the escalating tensions in the Middle East,” according to Hariprasad K.
Due to the Good Friday holiday, the Indian stock market was closed on Friday, April 3, 2025. Thanks to late purchasing activity, the market recovered from sharp losses on Thursday, closing higher for the second consecutive session. The Nifty 50 increased 33.70 points, or 0.15%, to close at 22,713.10, while the Sensex increased 185.23 points, or 0.25%, to close at 73,319.55. On Monday, April 6, 2026, these equities are probably going to stay in the spotlight because to the US-Iran war.
Equities to Monitor:
- HDFC Bank – According to the bank’s Q4 business update, its average advances under control for the March 2026 quarter increased to Rs 29.64 lakh crore, up roughly 10% from Rs 26.96 lakh crore during the same time the previous year.
- Wipro and Olam Group announced a long-term transformation agreement. With a committed expenditure of $800 million, the eight-year engagement is expected to have a total contract value exceeding $1 billion.
- Yes Bank – Thanks to improvements in its low-cost deposit base, Yes Bank reported steady balance sheet growth in the March quarter, with advances and deposits growing at a healthy rate.
- RBL Bank – Emirates NBD Bank’s request to purchase up to 74% of RBL Bank has been authorized by the Reserve Bank of India (RBI), indicating a potential change in ownership and future strategic direction.
- Tata Motors PV – Following production difficulties brought on by a cyber intrusion last year, Britain’s Jaguar Land Rover recorded a 61.1% increase in fourth-quarter sales on Thursday.
- Hindustan Zinc – The Vedanta subsidiary reported a mixed operational performance in Q4, with refined zinc output growing 6% over the same period last year and mined metal production rising 2% year over year (and 14% quarter over quarter).
- RVNL – South Central Railway awarded RVNL a new contract for Rs 242 crore, expanding its order book and project pipeline.
- Emami is set to acquire full ownership of Axiom Ayurveda Pvt Ltd, marking a significant entry into the quickly growing market for health and wellness beverages.
- Marico South East Asia Corporation (MSEA), a subsidiary of Marico, has purchased a 75% share in Skinetiq Joint Stock Company, a Vietnam-based company that owns the digital-first skincare brand “Candid” and has the sole right to distribute the “Murad” brand in Vietnam.
- Tata Steel – The District Mining Office in Jharkhand has served Tata Steel with a demand notice of Rs 1,755.1 crore, claiming that between FY2000–01 and FY2006–07, it removed about 16.24 million tonnes of coal from the West Bokaro Colliery beyond the allowed limits.