GIFT Nifty Opening Update
GIFT Nifty opened today at 22,877.50. It is up 435.00 points (1.94%) from yesterday’s close of 22,432.50— so the trend is positive.
Global influences and hope over a US-Iran deal should boost the Indian stock market on Wednesday. With the index trading above 22,779, roughly 353 points higher than Nifty futures, Gift Nifty trends suggest a gap-up opening for local markets. “Indian equities are set to begin the new fiscal year on a strong note, with Gift Nifty signaling a sharp gap-up opening. The momentum is largely being driven by a decisive improvement in global risk sentiment, following encouraging signals around potential de-escalation in the ongoing West Asia conflict,” Hariprasad K said.
Mahavir Jayanti closed the Indian stock market on Tuesday, March 31. Monday’s market drop saw the Nifty 50 dip below 22,400. The Sensex fell 1,635.67 points, or 2.22%, to 71,947.55, while the Nifty 50 fell 488.20 points, or 2.14%, to 22,331.40. On Wednesday, April 1, 2026, these equities may remain in spotlight amid the US-Iran war.
Stocks to Monitor:
- Bharti Airtel – Alpha Wave Global, Carlyle Group, Anchorage Capital, and the telecom giant will invest $1 billion in Nxtra Data Limited, its data center subsidiary.
- Coforge received Reserve Bank of India approval for over $1 billion in Overseas Direct Investment under the Foreign Exchange Management (Overseas Investment) Rules.
- IndiGo named Willie, aka William Walsh, CEO on Tuesday.
- Sammaan Capital – Following a preferential equity share and warrant allotment to the Abu Dhabi-based firm, Sammaan Capital became an IHC Group subsidiary on Tuesday.
- Vedanta told the Supreme Court of India that their amended proposal for the insolvent Jaiprakash Associates Ltd. was rejected, despite being better than the Adani Group’s.
- Hindustan Copper – As part of its attempts to increase domestic production, Hindustan Copper will issue a Rs 470 crore work order for a 3 MTPA copper concentrate plant in Madhya Pradesh.
- Garden Reach Shipbuilders & Engineers Limited (GRSE) reported its highest-ever annual turnover of Rs,400 crore (provisional and unaudited) for FY26 on Tuesday, up from Rs 5,076 crore in FY25.
- Lupin reported that its generic Sugammadex injectable, which reverses surgery-induced muscle relaxants, has provisional approval from the US health agency.
- JSW Group ordered railway wagons and rakes from Texmaco Rail & Engineering for Rs 357.11 crore.
- Corona Remedies has acquired Dr. Reddy’s Laboratories’ Wokadine brand in India, its fifth purchase, to expand its pharmaceutical portfolio and specialty therapeutic footprint.
