Reliance Jio IPO: Existing Investors May Sell Part Stake
Reliance Jio Platforms is reportedly moving closer to its much-awaited IPO, with several global investors likely to pare small portions of their holdings through the public issue.
News
Trump Announces ‘$300 Billion Texas Refinery with Reliance
In a dramatic announcement that could reshape the American energy landscape, US President Donald Trump revealed plans for what he described as a historic $300 billion oil refinery project in Brownsville, Texas, marking the first new refinery to be built in the United States in nearly five decades.
MeitY Clears Dixon’s Strategic Display Module JV
Shares of Dixon Technologies surged nearly 7% to ₹10,501 after the company received approval from the Ministry of Electronics and Information Technology (MeitY) to form a joint venture with Chinese display manufacturer HKC Overseas Ltd.
Kwality Walls – Can a Penny Stock Become a Multibagger?
Kwality Walls is currently trading in the penny-stock zone, but the financial statements suggest a classic asset-heavy turnaround story where reported losses are largely driven by high depreciation.
Tejas Networks Surges 12% After NEC 5G Deal
Shares of Tejas Networks witnessed a sharp rally after the company announced a strategic manufacturing agreement with Japan-based NEC Corporation to produce carrier-grade 5G massive MIMO radios.
L&T bags Rs 5,000–10,000 Cr Transmission Orders
Engineering and infrastructure giant L&T witnessed strong buying interest in early trade after its Power Transmission & Distribution (PT&D) vertical secured a major batch of EPC orders valued between Rs. 5,000 crore and Rs. 10,000 crore.
NSE Launches Gold 10 Gram Futures from March 16
Investing in gold is set to become more accessible as the National Stock Exchange (NSE) introduces a new Gold 10 Gram Futures (GOLD10G) contract starting March 16, marking a major shift in India’s commodity derivatives market.
TCS–ServiceNow AI Alliance
TCS and ServiceNow have announced a multi-year strategic partnership aimed at accelerating large-scale AI adoption across global enterprises. The collaboration focuses on building industry-specific AI solutions
L&T–Nvidia AI Partnership: India’s First Gigawatt-Scale AI Factory
L&T has entered into a strategic partnership with Nvidia to develop sovereign, gigawatt-scale AI infrastructure under the IndiaAI Mission which could position India as a major global hub for next-generation AI computing.
Upcoming IPOs
When Expected
Main Board IPOs
Issue Dates
Powerica IPO Insights
Allotment – Today
Amir Chand Jagdish Kumar IPO
Listing – 2 April
Sai Parenteral’s IPO
Allotment- Today
SME IPOs
Issue Dates
Safety Controls IPO
6 April – 8 April
Emiac Technologies IPO (O)
27 Mar – 8 April
Vivid Electromech IPO
Allotment – 1 April
Highness Microelectronics IPO
Allotment – Today
NCD
Edelweiss Financial Services NCD March 2026
2 Mar – 16 Mar
Chemmanur Credits & Investments NCD March 2026
2 Mar – 16 Mar
Prachay Capital NCD
26 Feb – 12 Mar
IIFL Finance Limited NCD February 2026
17 Feb – 4 Mar
Issue Dates
Right Issue
Issue Dates
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Sical Logistics Limited – Rights Issue 2026
26 Feb – 10 Mar
Mutual Funds
NEWS CRUX
BF Utilities reported a strong quarterly performance, with net profit rising 22% YoY to Rs.103 crore, supported by improved operational efficiency. Revenue grew 12% YoY to Rs.235 crore,
Sanofi India reported a weak quarterly performance, with net profit declining 28% YoY to Rs.61.7 crore compared to Rs.91.3 crore in the year-ago quarter.
Jagatjit Industries reported a sharp turnaround in profitability, with net profit surging to Rs.64.4 crore in Dec 2025 compared to a loss of Rs.4.33 crore in the same quarter last year.
CIE Automotive reported a steady performance for the Dec 2025 quarter, reflecting consistent growth across key financial metrics. Revenue rose 13% YoY to Rs. 2,393 crore, supported by stable demand across global operations.
Pennar Industries delivered steady growth in its latest quarterly performance, reflecting stable demand across its engineering and manufacturing segments. It reported a 12% YoY rise in sales to Rs. 943 crore, supported by improved order execution.
Krishna Defence reported a strong performance with sharp growth across key financial parameters. The company posted a 23% YoY rise in sales to Rs. 63.7 crore, reflecting steady execution in defence orders. Profitability improved significantly, with EBIDT jumping 140% YoY
Market Insights
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry), Buy on pullback near 50550–50700 if price stays weak below 51000, Add on breakdown if Bank Nifty slips below 50350
Reliance Option Chain
Reliance Industries Option Chain Strategy Today- Buy PE on breakdown if price slips below 1340–1338- CE selling can be considered only if price rises near 1358–1365 and fails
SBI Option Chain
SBIN closed at Rs. 979.40 and the setup remains clearly weak in the short term. Price is trading below the 20 DMA, 34 DMA, 50 DMA and 89 DMA, while momentum indicators are deeply negative
Option Chain – ONGC
ONGC closed at Rs. 284.65, very close to its upper Bollinger Band (285.41), while momentum indicators remain strong.
Derivatives strategy by SAMCO Securities
Sharp Monthly Decline Deepens; Nifty Structure Turns Fragile, Technically, the index remains below the falling 10-DEMA, and repeated rejection near short-term averages reflects distribution on every bounce.
Nifty Technical Analysis by Nagaraj Shetti
The market witnessed massive decline on Monday amidst ongoing middle-east crises and closed the day with deep cut of 488 points.
Break out Stocks by Nilesh Kotak
Breakout stock for 1 April – The company manufactures and sells sugar, chemicals, ethanol, and cogeneration of power.
Intraday Stocks for Today
Prime Focus is in a very strong short-term uptrend, trading just below its 52-week high of Rs. 329.90 after closing at Rs. 327.05. The stock has delivered a sharp 27.68% return in one week
Nifty Options Chain
Nifty is showing a high-conviction bearish setup, with strong resistance near 22500–22600 zone and weak support below.
– Key takeaway:- Sell near resistance – Buy puts on breakdown -Avoid aggressive longs
Commodity Insights
Crude Oil Eases Despite Structural Supply Risks
Commodity markets remain highly sensitive to geopolitical developments, with crude oil, gold, silver and base metals reacting sharply to evolving tensions in the Middle East.
Currency
USD/INR structure remains bullish
The broader USD/INR structure remains bullish, even though the latest session showed some profit booking near higher levels.
News
Reliance Jio IPO: Existing Investors May Sell Part Stake
Reliance Jio Platforms is reportedly moving closer to its much-awaited IPO, with several global investors likely to pare small portions of their holdings through the public issue.
Trump Announces ‘$300 Billion Texas Refinery with Reliance
In a dramatic announcement that could reshape the American energy landscape, US President Donald Trump revealed plans for what he described as a historic $300 billion oil refinery project in Brownsville, Texas, marking the first new refinery to be built in the United States in nearly five decades.
Main Board IPOs
Issue Date
Powerica IPO Insights
Allotment – Today
Amir Chand Jagdish Kumar IPO
Listing – 2 April
Sai Parenteral’s IPO
Allotment- Today
SME IPOs
Issue Date
Safety Controls IPO
6 April – 8 April
Emiac Technologies IPO (O)
27 Mar – 8 April
Vivid Electromech IPO
Allotment – 1 April
Highness Microelectronics IPO
Allotment – Today
NCD
Issue Date
Edelweiss Financial Services NCD March 2026
2 Mar – 16 Mar
Chemmanur Credits & Investments NCD March 2026
2 Mar – 16 Mar
Prachay Capital NCD
26 Feb – 12 Mar
IIFL Finance Limited NCD February 2026
17 Feb – 4 Mar
Right Issue
Issue Date
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Sical Logistics Limited – Rights Issue 2026
26 Feb – 10 Mar
Market Insights
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry), Buy on pullback near 50550–50700 if price stays weak below 51000, Add on breakdown if Bank Nifty slips below 50350
Reliance Option Chain
Reliance Industries Option Chain Strategy Today- Buy PE on breakdown if price slips below 1340–1338- CE selling can be considered only if price rises near 1358–1365 and fails
SBI Option Chain
SBIN closed at Rs. 979.40 and the setup remains clearly weak in the short term. Price is trading below the 20 DMA, 34 DMA, 50 DMA and 89 DMA, while momentum indicators are deeply negative
Option Chain – ONGC
ONGC closed at Rs. 284.65, very close to its upper Bollinger Band (285.41), while momentum indicators remain strong.
Derivatives strategy by SAMCO Securities
Sharp Monthly Decline Deepens; Nifty Structure Turns Fragile, Technically, the index remains below the falling 10-DEMA, and repeated rejection near short-term averages reflects distribution on every bounce.
Nifty Technical Analysis by Nagaraj Shetti
The market witnessed massive decline on Monday amidst ongoing middle-east crises and closed the day with deep cut of 488 points.
Break out Stocks by Nilesh Kotak
Breakout stock for 1 April – The company manufactures and sells sugar, chemicals, ethanol, and cogeneration of power.
Intraday Stocks for Today
Prime Focus is in a very strong short-term uptrend, trading just below its 52-week high of Rs. 329.90 after closing at Rs. 327.05. The stock has delivered a sharp 27.68% return in one week
Nifty Options Chain
Nifty is showing a high-conviction bearish setup, with strong resistance near 22500–22600 zone and weak support below.
– Key takeaway:- Sell near resistance – Buy puts on breakdown -Avoid aggressive longs
Commodity Insights
Crude Oil Eases Despite Structural Supply Risks
Commodity markets remain highly sensitive to geopolitical developments, with crude oil, gold, silver and base metals reacting sharply to evolving tensions in the Middle East.
Currency
USD/INR structure remains bullish
The broader USD/INR structure remains bullish, even though the latest session showed some profit booking near higher levels.