GIFT Nifty Opening Update
GIFT Nifty opened today at 24,206.50. It is up 344.50 points (1.44%) from yesterday’s close of 23,877.50— so the trend is positive.
Sensex and Nifty 50 are expected to open higher on Wednesday due to strong global signals. Hope for US–Iran talks and early signs of Middle East peace have lifted sentiment. Asian markets rose, while US shares rose overnight, with the S&P 500 near its record closing level. Gift Nifty was trading near 24,228, about 370 points higher than Nifty futures, indicating a possible gap-up opening for Indian stock markets. “Indian equity markets are expected to open on a positive note with a gap-up, supported by a meaningful improvement in global sentiment. Optimism has strengthened following reports of progress in the resumption of U.S.–Iran talks and early signs of de-escalation in West Asia. Asian equities are mirroring gains in U.S. markets, pointing to a broader pickup in global risk appetite. GIFT Nifty indicates a strong gap-up opening of around 100 points, building on the steady gains seen over the past two sessions and likely to set the tone for today’s domestic market open,” said Ponmudi R.
Tuesday, April 14, was Dr. Baba Saheb Ambedkar Jayanti, hence the domestic market was closed. Indian equities fell further on Monday. Sensex down 702.68 points, or 0.91%, to 76,847.57; Nifty 50 fell 207.95 points, or 0.86%, to 23,842.65. The US-Iran war talks will likely keep these equities in focus on Wednesday, April 15, 2026.
Equities to Monitor:
- India Life Insurance Corporation – The board has authorized a 1:1 bonus share issue, giving shareholders one additional share for every share held as of the yet-to-be-announced record date. This is the company’s first bonus issue since listing.
- Hindustan Aeronautics – On Tuesday, US defense firm GE Aerospace and Hindustan Aeronautics Ltd. (HAL) announced progress in a cooperation to co-produce F414 jet engines for India’s next combat aircraft.
- GAIL (India) Limited would invest Rs 3,800 crore to create 700 MW of solar power capacity in Uttar Pradesh and Maharashtra, aiming for net-zero aims and a focus on sustainable energy.
- ICICI Prudential Asset Management Company (AMC) In Q4 reported a 10% YoY increase in profit after tax (PAT) to Rs 763 crore from Rs 692 crore in the same period last year.
- Anand Rathi Share and Stock Brokers reported a 126% YoY increase in net profit to Rs 41.5 crore in the March quarter, driven by strong growth in non-broking categories and increased margins.
- Hindustan Zinc – Vedanta Group won the Jhandawali–Satipura combined potash and halite block in Rajasthan under Tranche V of the Ministry of Mines’ important mineral block auctions.
- RailTel Corp. has granted the business Letters of Acceptance (LoA) for two contracts worth Rs 564.5 crore.
- Indian Overseas Bank – Effective April 15, the bank cut its overnight, one-year, and two-year MCLR by 5 basis points while maintaining its one-month, three-month, six-month, and three-year MCLR.
- The Minda Corporation and Turntide Technologies formed a strategic partnership. The agreement states that Turntide will control 51% and the company 49% through its completely owned SPV.
- HG Engineering Infrastructure received a Rs 519.33 crore order from Mirzapur Thermal Energy (UP) to create railway infrastructure at the 2×800 MW thermal power project in Uttar Pradesh, including civil and track (P-way) works.