Global Market Futures (as of 06.50 AM IST)
US Market (Futures)
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Nasdaq: -0.82%
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Dow Jones: -0.56%
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S&P 500: -0.61%
European (Futures)
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Ftse 100: -0.59%
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Cac 40: -0.79%
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Dax : -0.90%
Asian
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NIKKEI 225: -0.67%
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KOSPI: -1.07%
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ASX 200: -0.07%
Gift Nifty: 22565.50 (-1.12%)
FII and DII Trading Activity April 1, 2026 in Cash market
FIIs / FPIs: Net Sell of ₹8,331.15 crores
DIIs: Net Buy of ₹7,171.80 crores
Commodity Market Updates
Global commodity markets displayed a mixed trend in early trading, with clear divergence across segments. Precious metals remained under pressure, as gold declined to around 4,754 (GC) and XAU/USD hovered near 4,726, both reflecting notable weakness. Silver dropped sharply to 73.93, while copper eased to 5.60, signaling subdued industrial sentiment. In contrast, energy markets strengthened, with WTI crude rising to 102.44 and Brent crude advancing to 104.42, supported by supply-side concerns. Natural gas also gained, trading at 2.87. Overall, the session highlights weakness in metals alongside resilience in energy, indicating shifting market focus toward oil amid evolving macroeconomic and demand dynamics.
Mobile Subscribers Addition (February MoM)
Reliance Jio adds 16.24 lakh subscribers Vs 24.37 lakh subscribers
Bharti Airtel adds 48.57 lakh users Vs 44.06 lakh users
Vodafone Idea adds 21,927 subscribers Vs loss of 4.11 lakh users
Key Corporate Updates
Positive
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Adani Green Energy: Management indicated an annual investment budget of around 4 billion dollars and reaffirmed development of a 30 GW renewable energy project by 2029, reinforcing an aggressive long-term clean energy expansion roadmap.
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Choice International: The company announced the acquisition of 100% stake in Optimo Investment Adviser, which supports expansion in the financial services and advisory platform.
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Arham Technologies: The company secured Google EDI-A certification for Starshine IFPDs, a positive product-quality and market-credibility development.
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Glenmark Pharmaceuticals: The company announced a strategic shift to direct commercialization and distribution of Ryaltris in the U.S. effective April 1, 2026, materially strengthening control over its specialty portfolio and U.S. commercialization economics.
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DCM Shriram: The company commissioned its 17,000 TPA epichlorohydrin plant on April 1, 2026, adding specialty chemical capacity and supporting downstream growth.
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Nestlé India: The company approved a new Maggi noodles production line at its Sanand factory, involving 900 million rupees investment and 20,500 tonnes per annum capacity addition, indicating continued demand confidence and scale-up.
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Prestige Estates: The company secured a land parcel in Gurugram with 42 billion rupees GDV potential, strengthening its premium real estate pipeline.
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Indian Bank: The bank reported 12.6% YoY growth in total deposits and 13.6% YoY growth in gross advances as of March 31, 2026, indicating healthy balance-sheet growth.
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TVS Motor: The company reported higher total sales in March 2026, reflecting continued volume momentum.
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South Indian Bank: The bank reported 15.66% YoY growth in gross advances and 14.7% YoY growth in total deposits to 1.23 trillion rupees, pointing to strong business expansion.
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Madhya Bharat Agro Products: The company commenced commercial production at the Banda plant, raising capacity to 330,000 MTPA, and also started commercial production of its 1,000 TPD Dhule plant, marking a major capacity-led growth step.
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Ascensive Educare: The company secured a work order worth 55.7 million rupees, supporting order book visibility.
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Indegene: Through its subsidiary, the company signed an agreement to acquire the business and assets of Trilogy Writing and Consulting Ltd for GBP 190,679, strengthening capabilities in healthcare services.
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AGI Infra: The company received Mohali authority approval for a 10.26-acre housing project, improving development visibility.
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Manali Petrochemicals: The company received a CESTAT order allowing its appeal against a tax order, which is a favorable legal outcome.
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Wipro: The company launched an AI-native Business & Platforms unit, created a new platform to accelerate enterprise-grade agentic AI solutions, and appointed Kanwar Singh to lead the technology services business, together signaling a stronger AI-focused strategic push.
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New India Assurance: The company received relief as NFAC deleted a penalty of 20.3 million rupees for AY 2019-20.
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Tata Power: The company resumed operations at its 4,150 MW Mundra plant, a meaningful operational positive.
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Avanti Feeds: The board approved an investment of 3 million dollars in Thai Union Feedmill Ecuador, reflecting international strategic expansion.
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Tamilnad Mercantile Bank: The bank reported 14.94% YoY growth in deposits and 20.32% YoY growth in advances as of March-end, indicating robust growth traction.
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SJVN: The company reported 13,302 million units of energy generation during FY26, reflecting strong operating performance.
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Bansal Wire Industries: The company reported sales volume of 117,644 MT, indicating healthy scale.
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Hero MotoCorp: The company reported March sales of 598,198 units and highlighted dispatch growth in April 2026, supporting steady demand commentary.
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Indian Oil Corporation: The company reported highest-ever consolidated petroleum product sales volume of 104.4 MMT and record refinery crude throughput of 75.4 MMT in FY26, reflecting strong operating performance.
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Bharat Seats: The company said its tax demand of 78.6 million rupees was reduced to nil, a clear favorable development.
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NMDC: The company reported March 2026 iron ore production of 5.35 MT, indicating solid operating momentum.
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Eicher Motors: The company reported Royal Enfield annual sales of over 1.2 million units and also disclosed higher March 2026 sales, reinforcing strong franchise momentum.
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Pace Digitek: The company secured a 4.95 billion rupees BESS EPC order from NTPC for 200 MW / 400 MWh deployment, a major order win.
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Oriana Power: The company signed a 31.35 billion rupees green ammonia offtake agreement with SECI involving contracted supply of 60,000 tonnes per annum, a large strategic clean-energy milestone.
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Ashiana Housing: The company said the tax department rectified and dropped the remaining demand, removing an overhang.
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Rudra Gas Enterprise: The company will acquire 71% of DS Pipeline Projects for 183.8 million rupees, which supports inorganic expansion.
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AAHL / Blinkit: The launch of India’s first in-terminal quick commerce service at Mumbai airport is a positive ecosystem and consumer-service development, with read-through for airport retail and logistics convenience.
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Popular Vehicles and Services: The company’s unit commenced operations of a JLR 3S facility in Nagpur, expanding dealership presence.
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Richa Info Systems: The company received orders worth 52.4 million rupees, strengthening near-term revenue visibility.
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Sharika Enterprises: The company received an LED street-lighting order in Punjab worth 2.8 million rupees, a modest but positive order inflow.
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Loyal Equipments: The company received an order valued at 65.4 million rupees, supporting execution visibility.
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Ola Electric Mobility (March MoM): Registrations jump 150% to 10,117 units Vs 3,973 units
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Karnataka Bank: The bank reported steady YoY growth in Q4, with total deposits rising 3.8% to 1.08 lakh crore and gross advances up 6.9% to 83,337 crore. CASA deposits grew 10% to 36,621 crore, improving the CASA ratio by 190 bps to 33.65%, indicating stronger low-cost deposit mobilization.
Negative
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IndiGo: The airline revised fuel charges upward on domestic and international routes for new bookings from April 2, 2026, with domestic fuel surcharge now ranging from 275 rupees to 950 rupees, reflecting pressure from higher ATF costs and potentially softer affordability for passengers. Recent reporting also indicates the surcharge revision follows a rise in jet fuel prices.
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Bosch: The board will consider a preferential issue of equity shares, which may raise dilution concerns depending on size, pricing, and purpose.
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Glenmark Pharmaceuticals: The company received a tax demand and penalty of 160.5 million rupees each, creating a financial and compliance overhang despite the separate U.S. commercialization positive.
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Marico: The company said its ZED board and shareholders approved voluntary liquidation, which is negative for that entity, though impact depends on materiality at the parent level.
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Lancer Container Lines: The company received a tax demand notice of 55.4 million rupees.
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Mobiavenue AI Tech: Tejas Rathod will step down as CFO, creating a senior management transition.
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Chavda Infra: The company received a tax demand of 147.1 million rupees.
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Gaudium IVF and Women Health: The company received a legal notice of 292.1 million rupees relating to alleged IPO advisory services, which is a significant legal overhang.
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Rushil Decor: The company guided to an estimated sales loss of 40 million rupees as its Mansa manufacturing unit will remain temporarily shut until around April 20, affecting near-term operations.
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ABB India: The company received a customs penalty order of 35.6 million rupees along with redemption fine of 110 million rupees, which is negative from both financial and compliance standpoints.
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Everest Industries: The company said the setting up of its manufacturing facility in R. Ananthpuram has been deferred to FY27, indicating execution delay.
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Puravankara: The company received tax demands of 393.4 million rupees for AY2016-17 and 125.3 million rupees for AY2017-18, creating a legal-tax overhang.
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Transpek Industry: Avtar Singh resigned as Joint Managing Director, which represents a senior leadership change.
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Bonlon Industries: The company received an income-tax order and demand notice for AY 2021-22.
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Capacite Infraprojects: The company received a tax demand of 101.8 million rupees.
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BHEL: The company said an earlier tax demand was reduced, but a residual 109.2 million rupees demand and 108 million rupees penalty still remain, keeping the issue negative overall despite partial relief.
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MOIL: The company received a tax demand worth 12.8 million rupees.
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Crompton Greaves: The company received an order confirming a tax demand of 299.2 million rupees; while the company indicated a potential impact of 6.5 million rupees, the order still represents a tax dispute overhang.
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Force Motors: The company reported March 2026 sales of 4,199 units and stated volumes were impacted by geopolitical tensions in the Middle East, indicating external demand/logistics pressure.
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Maruti Suzuki: Management said the company is facing cost pressure from higher commodity prices and the Gulf war, while also noting that the Middle East contributed 12.5% of FY26 exports; although supply and production remain unaffected so far, margin pressure is a negative near-term takeaway.
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Ador: The company disclosed a change in management, which remains a monitorable governance and continuity item.
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Shalpaints: The company disclosed a change in management, which is a monitorable negative until leadership clarity improves.
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Marble City India: Shivi Sharma resigned as CFO, indicating a senior finance leadership change.
Neutral / Others
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Tata Steel: The company announced a change in senior management personnel, which is a watchpoint until succession clarity and role impact are better understood.
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Aavas Financiers: The update on A1+ / A1-JM rating status as of March 31 is broadly stable and credit-neutral unless followed by a change in funding cost or outlook.
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Dev Information Technology: The company approved the transfer of ByteSigner and Talligence to Byte Technosys for cash consideration of 119 million rupees; the transaction appears more portfolio-rationalization in nature and is neutral pending strategic details.
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Tasty Bite Eatables: Rahul Bhatnagar was appointed chairman, a governance update with neutral immediate earnings impact.
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Innovative Co-operative Urban Bank / RBI extension: RBI’s extension under the Banking Regulation Act is more of a regulatory continuity update and has limited direct read-through for broader listed banking names.
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Karnataka Bank: The bank reported 3.8% YoY growth in deposits and 6.9% YoY growth in advances as of March-end; growth is positive but comparatively moderate, making the update neutral in a relative sector context.
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Mahamaya Steel: The company reported March 2026 sales of 13,982.83 MT, which is operational disclosure without clear directional surprise.
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MM Forgings: The company appointed R. Raghunathan as CFO, a neutral management update.
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Aliwind Infra-Tech: The company appointed Navneet Kumar Sureka as MD, a neutral management transition.
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Smartworks Coworking Spaces: The company entered a lease deed for 125,906 sq. ft. capacity addition in Hyderabad and indicated investment of about 170 million rupees for capacity expansion; operationally positive, though best viewed as neutral in listed-market context given unlisted status.
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Bharat Coal Gasification and Chemicals / Mahanadi Coalfields: The land leasing pact for coal-to-ammonium nitrate is a strategic industrial development and sectoral policy signal rather than an immediate listed-equity trigger.
Non-Corporate, Unlisted & Foreign / Macro
1) India Chemicals / Fertilizer Policy: The government exempted ammonium nitrate from agriculture infrastructure and development tax and cut import duty to nil on some chemicals from April 2 to June 30; this is broadly supportive for input costs, though the immediate listed-company beneficiaries are not explicitly identified from the updates provided. Reuters-reported notices indicate the exemptions are temporary and effective through June 30.
2) RBI Forex Derivative Framework: The RBI allowed authorized dealers to continue offering deliverable FX derivatives for hedging, while prohibiting rupee non-deliverable derivatives, rebooking of cancelled contracts, and certain dealings with related parties; this is systemically important and aimed at reducing speculative arbitrage rather than a direct earnings trigger for any one listed company. Reporting indicates these measures are part of a broader tightening to curb rupee speculation.
3) Reserve Bank of India – procedural circulars: Updates relating to overseas investment references, FEMA reporting, citizen charter processing status, 2000 rupee note withdrawal status, and UNSC sanctions list updates are regulatory/process disclosures with no immediate stock-specific implications.
4) Government / Macro – India crude and LPG comments: Government officials clarified that Indian rules do not allow crude oil exports and that there is no crude for an LPG swap deal with Japan, which are policy-signaling items rather than company-specific triggers.
5) Aviation Sector / ATF Pricing: Government and sector commentary suggested the recent ATF repricing for domestic airlines is more limited than initially feared, which may influence surcharge behavior across airlines. Public reporting indicates domestic carriers were partly shielded relative to international operators.
Bulk & Block Deals
Bharti Airtel
BNP Paribas Financial Markets has purchased 5.4 lakh shares (0.008% stake) in Bharti Airtel from BofA Securities Europe SA. The shares were exchanged at a price of 1,782 rupees, valuing the transaction at 96.22 crore rupees.
TIL - RE
Life Insurance Corporation of India has sold 66,651 rights shares of TIL Ltd at 2.8 rupees per share.
IPO Listing
Mainboard Listing
Powerica, Sai Parenteral's, Amir Chand Jagdish Kumar (Exports)
SME Listing
Highness Microelectronics
On-going IPO
Last Date 08-Apr
Emiac Technologies Ltd (BSE SME)
Upcoming IPO
NIL
Securities Trading Ex-Dividend on April 2, 2026
Aster DM Healthcare Ltd, Chennai Petroleum Corporation Ltd, CRISIL Ltd, Indian Renewable Energy Development Agency Ltd (IREDA), Sundaram Clayton Ltd, TVS Holdings Ltd
Securities Trading Ex-Bonus on April 2, 2026
B2B Software Technologies Ltd (1:2), R&B Denims Ltd (1:2)
Securities Trading Ex-Stock Split on April 2, 2026
R&B Denims Ltd (From 2 rupees to 1 rupee)
Securities Under F&O Ban on April 2, 2026
NIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
