Global Market Futures (as of 06:30 AM IST)US Market (Futures) Nasdaq: +2.93% Dow Jones: +2.01% S&P 500: +2.23%European (Futures) Ftse 100: +1.67% Cac 40: +2.69% Dax : +4.27%Asian NIKKEI 225: +4.81% &...
Global Market Futures (as of 06:30 AM IST)
US Market (Futures)
- Nasdaq: +2.93%
- Dow Jones: +2.01%
- S&P 500: +2.23%
European (Futures)
- Ftse 100: +1.67%
- Cac 40: +2.69%
- Dax : +4.27%
Asian
- NIKKEI 225: +4.81%
- KOSPI: +5.21%
- Taiwan Weighted Index: +3.54%
- ASX 200:+2.60%
Gift Nifty: 23919.00 (+3.54%)
FII and DII Trading Activity April 7, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹8,692.11 crores
DIIs: Net Buy of ₹7,979.50 crores
Commodity Market Updates
International commodity markets are witnessing a clear divergence, with precious metals strengthening while energy prices correcting sharply. Gold is trading around 4,848.47 (+2.46%) and XAU/USD near 4,820.24 (+2.43%), reflecting strong safe‑haven demand. Silver has surged to 76.445 (+6.19%), while copper stands at 5.6855 (+1.63%), indicating stable industrial demand.
In contrast, energy markets have declined significantly. WTI crude oil is near 97.87 (-13.35%) and Brent crude oil at 95.53 (-9.13%), with natural gas at 2.782 (-2.11%) and gasoline down 7.06%. The sharp fall in oil is driven by geopolitical de‑escalation, particularly easing tensions involving the U.S. and Iran and expectations of smoother oil supply flows through key routes like the Strait of Hormuz. Additional pressure is coming from the possibility of increased global supply and the unwinding of earlier risk premiums in energy markets.
Key Corporate Updates
Positive
- Lupin Limited: Receives USFDA approval for Dapagliflozin tablets (5 mg & 10 mg), strengthening diabetes portfolio in the US market.
- Aurobindo Pharma: Receives USFDA approvals for Dapagliflozin and Metformin ER tablets; gains 180‑day shared exclusivity for Dapagliflozin, boosting near‑term revenue visibility.
- Oberoi Realty: NCLT approves amalgamation with Nirmal Lifestyle Realty, enabling consolidation and operational synergies.
- Ashiana Housing: Reports strong sales with area sold valued at ₹12.9 billion, indicating sustained housing demand.
- Phoenix Mills: Reports ~31% YoY growth in retail consumption for Q4 FY26, reflecting strong mall performance.
- Swan Defence and Heavy Industries: Secures large order worth ₹15.01–30 billion for construction of four bulk carriers, strengthening order book.
- Prostarm Info Systems: Secures ₹1.65 billion order and signs MoU with Shenzhen Topband for battery energy storage systems, expanding clean energy footprint.
- Biocon: Announces US commercial launch of biosimilars Bosaya and Aukelso (Denosumab), enhancing global biologics presence.
- Infosys: Announces strategic collaboration with Harness to drive AI‑led enterprise transformation.
- GAIL (India): Enters long‑term LNG carrier charter agreement with Alpha Gas, strengthening supply chain logistics.
- Dredging Corporation of India: Forms strategic alliance with Colombo Dockyard for shipbuilding and repair, expanding maritime capabilities.
- Akash Infra‑Projects: Receives new work order worth ₹49.9 million.
- Shubham Polyspin: Announces capacity expansion with ₹165 million investment, adding 200 MT/month capacity.
- Kundan Minerals and Metals: Advances acquisition discussions in Mauritania, indicating international expansion strategy.
- Clean Max Enviro Energy Solutions: Commissions 185 MW hybrid project; expected to add ₹1.65 billion annual revenue from FY27.
- Aditya Birla Real Estate: Achieves bookings exceeding ₹16 billion at Birla Arika Phase 2.
- Ind Swift Laboratories: Arbitration concluded with nil financial impact; tribunal rejects all claims, removing legal overhang.
- Inflame Appliances: Reports YoY revenue growth, indicating improving demand.
Negative
- Tanla Platforms: Receives tax demand of ₹469 million for AY 2020–21, posing financial and compliance risk.
- Rachana Infrastructure: Faces tax demand of ₹12.4 million plus interest and penalty.
- SRF Limited: Income Tax Department raises ₹305.4 million addition to taxable income in final assessment order.
- Amic Forging: CFO resignation (Priyankar Ghosh) may create near‑term management uncertainty.
Neutral / Others
- Dr. Reddy's Laboratories: Enters agreement to divest entire stake in Svaas Wellness for ₹22.3 million, aligning portfolio focus.
- LIC: To consider bonus issue; outcome remains contingent on board approval.
- Embassy Office Parks REIT: Approves issuance of commercial papers worth ₹11 billion for funding requirements.
- Adani Group / Gautam Adani: Plans to seek dismissal of US SEC fraud case, signaling ongoing legal defense strategy.
- Pennar Industries: Board to consider equity/convertible securities issuance on preferential basis.
- Almondz Global Securities: Plans capital raise via preferential issue through loan conversion; board meeting scheduled April 10.
- AKME Fintrade India: Plans to issue NCDs worth up to ₹500 million.
- Samvardhana Motherson: Subsidiary enters mediation agreement; to pay KRW 360 million, resolving dispute.
- Konstelec Engineers: Completes electrical works for HPCL Rajasthan refinery project worth ₹260 million.
- GACM Technologies: Approves FCCB issuance up to $699 million.
- Fine‑Listings Technologies: Signs business collaboration agreement with Hanura Tradex.
- Tunwal E‑Motors: Revises product pricing effective April 7.
- KD Leisures: Reappoints Managing Director Mandeep Singh Thukral.
- Ikoma Technologies: Appoints Sanyog Kumar Rathi as CFO.
- RDB Infrastructure and Power: Receives solar manufacturing plot award; land premium fixed at ₹2,501/sq. mt.
- MBL Infrastructure: To consider fundraising via securities issuance.
Non‑Corporate, Unlisted & Foreign / Macro
1) U.S.‑Iran Ceasefire: U.S. President Donald Trump announced a two‑week suspension of planned strikes on Iran after Tehran agreed to a conditional ceasefire. The truce, brokered via mediation efforts, hinges on reopening the Strait of Hormuz, offering a brief window for negotiations and easing escalating regional tensions.
2) Securities and Exchange Board of India (SEBI): Grants one‑time relaxation on MPS compliance, validity of observation letters, and penal provisions amid geopolitical tensions and weak participation—supportive for capital markets.
3) India Government: No immediate risk to fiscal deficit; capex to be maintained while trimming other spending; no budget revision unless crisis prolongs.
4) India Agriculture: Wheat harvest outlook positive; no curbs on sugar exports; vegetable oil import tariffs unchanged.
5) India Sugar Industry: FY26 consumption seen lower at 27.7 MT; exports up to 0.8 MT; output slightly revised down to 32 MT.
6) India Bond Market: 10‑year benchmark yield remains stable at ~7.0458%, indicating steady rate expectations.
7) Malaysia: Plans phased nationwide expansion of B20 biodiesel program, supportive for palm oil demand.
Bulk & Block Deals
ICRA
Nippon India Mutual Fund acquired an additional 1.5% stake (1.44 lakh shares) in ICRA for Rs 73.56 crore at Rs 5,075 per share. With this purchase, Nippon Life India Trustee’s Small Cap Fund increased its exposure beyond its earlier 6.88% holding as of March 2026.
Cello World
Goldman Sachs Funds sold 13.82 lakh shares (0.62% stake) in Cello World at Rs 401 per share, amounting to Rs 55.45 crore. Prior to this transaction, the global fund house held a 1.34% stake in the company as of December 2025.
Mahanagar Gas
Eastspring Investments India Equity Open Fund, part of Prudential plc, divested 7.25 lakh shares (0.73% stake) in Mahanagar Gas for Rs 69.39 crore at Rs 957.01 per share. The fund previously held a 1.14% stake before executing this partial exit.
Sai Parenterals
Investor Bhaskara Rao Bollineni increased his stake in Sai Parenterals by acquiring 5.12 lakh shares (1.15%) for Rs 20.96 crore at Rs 409.25 per share. This purchase builds on his existing 2.9% stake in the company as of March 2026.
IPO Listing Today
SME Listing
On‑going IPO:
Last Date 08‑Apr
- Emiac Technologies Ltd (BSE SME)
- Safety controls & Devices Ltd (BSE SME)
Upcoming IPO:
09‑Apr to 13‑Apr
- Om Power Transmission Ltd
Securities Trading Ex‑Dividend on April 8, 2026
Varun Beverages Ltd
Securities Trading Ex‑Right Issue on April 8, 2026
Gravity India Ltd
Securities Under F&O Ban on April 8, 2026
SAMMAANCAP
Source: WOWNEWS24X7, Moneycontrol, Investing.com
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