GIFT Nifty Opening Update
GIFT Nifty opened today at 24,051.00. It is down -87.00 points (-0.36%) from yesterday’s close of 24,127.00— so the trend is negative.
The Indian stock market experienced a notable increase, propelled by widespread purchasing activity, as the benchmark Nifty 50 concluded above the 24,000 threshold on Monday. The Sensex surged 1,073.61 points, or 1.42%, to settle at 76,488.96, while the Nifty 50 advanced 312.40 points, or 1.32%, to close at 24,031.70. However, the market is poised to end its gaining streak as trends in the Gift Nifty index indicated a subdued opening on Thursday. Gift Nifty was positioned around the 24,057 level, reflecting a decline of more than 6 points from the prior closing of Nifty futures.
“Indian equity markets are expected to trade with a cautiously optimistic undertone, supported by easing geopolitical tensions and the sharp correction in crude oil prices. Investor sentiment has improved as global markets increasingly price in the possibility of progress in the ongoing U.S.–Iran peace negotiations, with hopes of a diplomatic resolution and gradual de-escalation in the Middle East helping strengthen broader risk appetite. Expectations of a positive outcome from the talks have emerged as a key driver behind the recent recovery in global equities and the sharp repricing in energy markets,” said Ponmudi R.
As the market indicates a favourable opening, certain stocks are expected to attract attention on Tuesday owing to their individual positive or negative catalysts.
Equities to Monitor:
- ONGC, IRCTC, Brainbees Solutions (FirstCry), General Insurance Corporation of India, and Siemens shares will attract attention today as these companies are set to announce their Q4 results for 2026.
- Bharat Electronics on Monday announced that it has received additional orders worth Rs 608 crore since its previous disclosure on May 5.
- Rail Vikas Nigam – Navratna PSU under the Railway Ministry reported a 58.9% year-on-year decline in consolidated net profit for the fourth quarter of FY26, amounting to Rs 187.1 crore, a decrease from Rs 455.4 crore in the same quarter of the previous year.
- Suzlon Energy reported a 6% year-on-year decrease in consolidated net profit for the fourth quarter, amounting to Rs 1,114 crore, down from Rs 1,182 crore in the same quarter of the previous year.
- One97 Communications (Paytm) announced that its wholly owned subsidiary, Paytm Cloud Technologies Limited (PCTL), has sanctioned an investment of €9 million in Paytm Europe Payments S.A. through the subscription of 9 million equity shares, each with a face value of €1.
- Pine Labs on Monday reported a profit for the fourth quarter, contrasting with a loss in the same period last year, propelled by strong revenue growth and enhanced operating performance.
- Indian Railway Finance Corporation has entered into a term loan agreement to refinance debt obligations amounting to Rs 13,527 crore for the Hyderabad Metro Rail project on Monday.
- JSW Energy announced that its Finance Committee has sanctioned the closure of the qualified institutions placement issue following the receipt of application forms and funds from eligible qualified institutional buyers.
- Raymond – The textiles and apparel company announced on Monday that its board has approved raising up to Rs 330.88 crore through the preferential issue of 66.57 lakh convertible warrants.