GIFT Nifty Opening Update
GIFT Nifty opened today at 23,021.50. It is down -89.00 points (-0.39%) from yesterday’s close of 23,001.00— so the trend is negative.
As investors assess recent developments about the US-Iran confrontation in the Middle East, the Indian benchmark indices, the Sensex and Nifty 50, are expected to open flat on Tuesday. With the index trading at 22,923, down about 78 points from the previous close of Nifty futures, Gift Nifty trends also indicate a gap-down opening for the local markets. All three major Wall Street indices closed the previous day higher, while Asian markets saw gains. “Indian markets are likely to open on a flat note, with Gift Nifty indicating a muted start ahead of the weekly expiry. While global cues offer some support, the overall sentiment remains cautious, with markets continuing to track developments around the ongoing US–Iran conflict,” said Hariprasad K.
The local market saw significant gains on Monday, with both benchmark indices rising by more than 1%. The Nifty 50 increased 255.15 points, or 1.12%, to close at 22,968.25, while the Sensex gained 787.30 points, or 1.07%, to settle at 74,106.85. On Tuesday, April 7, 2026, these equities are probably going to stay in the spotlight because to the US-Iran war.
Equities to Monitor:
- Nykaa – In a late-Monday stock exchange filing, FSN E-Commerce Ventures, the parent company of beauty and fashion store Nykaa, stated that it is in talks to purchase a portion of Deepika Padukone’s skincare business 82°E.
- PC Jeweller – For the fourth quarter of the fiscal year that ended in March 2026, PC Jeweller recorded a 32% year-over-year rise in its standalone revenue.
- IRFC – The Ministry of Railways’ Navratna CPSE announced that it has authorized and fully disbursed a Rs 1,000 crore term loan to Maharashtra State Power Generation Company Limited.
- NMDC has raised iron ore prices by as much as 11%, as per a regulatory filing. According to the biggest producer of iron ore in the nation, the updated rates went into force on April 5, 2026.
- Titagarh Rail – In an exchange filing, Titagarh Rail stated that a Rs 610 crore brownfield expansion project at Falta under the shipbuilding development initiative has been approved in principle by its subsidiary.
- Ambuja Cements – As a result of Sanghi Industries’ merger with Ambuja Cements, its shares have been suspended as of April 6.
- ACME Solar Holdings – The business has operationalized the fifth phase of its Battery Energy Storage System (BESS) project in Jaisalmer, Rajasthan, through its subsidiary ACME Suryodaya. This adds 76 MW/160.512 MWh to the project’s overall projected capacity of 285 MW/601.904 MWh.
- Fino Payments Bank – Loan referrals increased by 96% from Q3FY26, according to Fino Payments Bank. Through partner institutions, loan disbursements totaled Rs 600 crore, highlighting the ecosystem’s growing credit potential and laying the groundwork for its transformation into a small financing bank (SFB).
- Godrej Consumer – According to the FMCG company, in the fourth quarter of FY26, its standalone operations are expected to see both high single-digit underlying volume growth and double-digit underlying sales growth.
- Shyam Metalics and Energy – With stainless steel sales rising 58.9% year over year and 26.94% month over month to reach 10,519 tons, Shyam Metalics and Energy reported strong growth in March.