GIFT Nifty Opening Update
GIFT Nifty opened today at 23,631.00. It is up 707.00 points (3.06%) from yesterday’s close of 23,137.50— so the trend is positive.
The Sensex and Nifty 50, two key indices for India, are anticipated to begin Wednesday’s session on a strong note, following a worldwide market surge sparked by the announcement of a ceasefire agreement between the US and Iran. With the index trading close to 23,840—roughly 689 points above the previous close of Nifty futures—indicators from Gift Nifty also indicate to a gap-up opening for local markets. “Indian markets are set for a strong gap-up opening, with Gift Nifty rebounding sharply to the 23,800 zone after a weak overnight trend. The shift reflects a decisive improvement in global risk sentiment following a temporary de-escalation in West Asia tensions. Volatility is likely to ease in today’s session. India VIX, which closed near 24.7, may see further cooling as fear unwinds, leading to some moderation in option premiums and improved trading conditions,” said Hariprasad K.
Indian stocks continued to rise on Tuesday for the fourth day in a row, with the Nifty 50 closing over the 23,100 mark. The Nifty 50 increased 155.40 points, or 0.68%, to close at 23,123.65, while the Sensex increased 509.73 points, or 0.69%, to close at 74,616.58. On Wednesday, April 8, 2026, these equities are probably going to stay in the spotlight due to the US-Iran war ceasefire agreement.
Equities to Monitor:
- Infosys – In an effort to accelerate agentic AI-driven software delivery transformation for businesses globally, Infosys has announced a strategic alliance with Harness, an AI-powered software delivery platform.
- Ola Electric – In an important step toward accelerating electric mobility and creating a fully integrated energy ecosystem, Ola Electric said on Tuesday that its domestically made lithium iron phosphate (LFP) cell is now ready.
- Muthoot Finance – In order to determine whether shareholders are entitled to receive the interim dividend for FY26, Muthoot Finance has set April 13, 2026, as the record date, subject to board approval.
- GAIL – According to a regulatory filing based on Jha’s declaration, he is not barred from serving as a director by any order from SEBI or any other body.
- Aditya Birla Capital – The Competition Commission of India has authorized Indriya, a firm connected to Advent International, to invest around Rs 2,750 crore in the company’s subsidiary, Aditya Birla Housing Finance.
- Aurobindo Pharma – The US Food and Drug Administration has approved Aurobindo Pharma’s Dapagliflozin & Metformin Hydrochloride extended-release tablets. Adults with Type 2 Diabetes are prescribed these pills to assist control their blood sugar levels.
- SRF – For the assessment year 2022–2023, SRF reported a tax demand of Rs 327.44 crore on Tuesday, citing a technical error in an order from the Assessment Unit of the Income Tax Department.
- Swan Defence and Heavy Industries – Energy ONE has given Swan Defence and Heavy Industries a new order worth between Rs 1,500 crore and Rs 3,000 crore to construct four dual-fuel ammonia bulk carriers, each with a 92,500 DWT capacity.
- Biocon – The commercial launch of Bosaya (denosumab-kyqq) and Aukelso (denosumab-kyqq) in the US has been announced by Biocon, a multinational biopharmaceutical company.
- Clean Max Enviro Energy Solutions – As the renewable energy company continues to grow its portfolio in one of India’s key industrial states, Clean Max Enviro Energy Solutions announces the commissioning of an 185 MW wind-solar hybrid project in Kalavad, Gujarat.