India Hotel Sector in Structural Boom
India’s hospitality sector is entering a multi-year structural growth phase, and recent insights suggest that this could translate into meaningful stock market opportunities.
News
Tata Consultancy Services Q4FY26 Results
Tata Consultancy Services Q4FY26 Results: “Not Bad, But Not Great” — Growth Concerns Persist Despite Strong Margins
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.
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.
Upcoming IPOs
When Expected
Main Board IPOs
Issue Dates
SME IPOs
Issue Dates
Amba Auto Sales & Services IPO
27 April – 29 April
Adisoft Technologies IPO (OT)
23 April – 27 April
Leapfrog Engineering IPO
Delayed
Mehul Telecom IPO
Listing- 24 April
Right Issue
Issue Dates
Wipro Ltd Buyback 2026
Buyback @ Rs.250
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Mutual Funds
NEWS CRUX
Wipro on Thursday reported a 1.9 per cent year-on-year (YoY) fall in its net profit to Rs 3,521 crore for the fourth quarter ended March 2026 (Q4FY26). However, its revenue from operations during January-March 2026 rose 7.7% YoY to Rs 24,236.3 crore,
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.
Market Insights
Nifty Options Chain
Nifty Option Chain Strategy Today (28 April Expiry), Bias: Mixed to cautious. Bullish only above 24,500, bearish below 24,300.
Sumeet Bagadia’s Breakout stocks
Bagadia noted that the daily chart formed a Doji-like candle, reflecting indecision between bulls and bears after the recent rally.
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Momentum Positive undertone, but near resistance
Reliance Option Chain
Reliance Option Strategy – Momentum Weak recovery inside broader bearish trend, Bias: Bearish below 1340, bullish reversal only above 1380
Break out Stocks by Nilesh Kotak
Breakout stock for 23 April – The Company is is engaged in the business of providing inland transportation of containers by rail.
Intraday Stocks for Today
Union Bank of India closed at Rs. 194.05 with a strong 1.40% gain, continuing its recent bullish momentum.
SBI Option Chain
SBIN option strategy-
Trend Bullish across all timeframes
Resistance Zone 1110 – 1120 (call writing visible)
Option Chain – TMPV
TMPV Option Chain Strategy Today (28 April Expiry)- Short-term bullish, medium-term bearish, long-term bearish
Nifty Analysis for 23 April – HDFC Securities
Despite the decline, Nifty held above its key 5-DEMA support at 24,337, suggesting today’s pullback from higher levels reflects profit booking
Nifty Technical Analysis by Nagaraj Shetti
After showing a sustainable upmove above the hurdle of 24400 levels on Tuesday, the market failed to sustain the highs on Wednesday
Derivatives strategy by SAMCO Securities
Nifty maintains upward bias as volatility cools; buy-on-dips strategy in focus, Nifty Bank reclaims 200-DEMA, Overall, the index is displaying strength .
Commodity Insights
Precious metals are under pressure
Precious metals may remain range-bound with upward bias while tensions persist. Crude oil-Buy on dips while above support levels. Volatility likely to remain high.
Currency
USD/INR in a consolidation phase
USD/INR remains in a short-term uptrend after rebounding from the 92.40–92.60 support zone.
News
India Hotel Sector in Structural Boom
India’s hospitality sector is entering a multi-year structural growth phase, and recent insights suggest that this could translate into meaningful stock market opportunities.
Tata Consultancy Services Q4FY26 Results
Tata Consultancy Services Q4FY26 Results: “Not Bad, But Not Great” — Growth Concerns Persist Despite Strong Margins
Main Board IPOs
Issue Date
SME IPOs
Issue Date
Amba Auto Sales & Services IPO
27 April – 29 April
Adisoft Technologies IPO (OT)
23 April – 27 April
Leapfrog Engineering IPO
Delayed
Mehul Telecom IPO
Listing- 24 April
Upcoming IPOs
When Expected
Upcoming IPOs in India
Updated – 3 April
Monomark Engineering files DRHP
June 2026
Right Issue
Issue Date
Wipro Ltd Buyback 2026
Buyback @ Rs.250
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Market Insights
Nifty Options Chain
Nifty Option Chain Strategy Today (28 April Expiry), Bias: Mixed to cautious. Bullish only above 24,500, bearish below 24,300.
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Momentum Positive undertone, but near resistance
Reliance Option Chain
Reliance Option Strategy – Momentum Weak recovery inside broader bearish trend, Bias: Bearish below 1340, bullish reversal only above 1380
Sumeet Bagadia’s Breakout stocks
Bagadia noted that the daily chart formed a Doji-like candle, reflecting indecision between bulls and bears after the recent rally.
Break out Stocks by Nilesh Kotak
Breakout stock for 23 April – The Company is is engaged in the business of providing inland transportation of containers by rail.
Nifty Analysis for 23 April – HDFC Securities
Despite the decline, Nifty held above its key 5-DEMA support at 24,337, suggesting today’s pullback from higher levels reflects profit booking
SBI Option Chain
SBIN option strategy-
Trend Bullish across all timeframes
Resistance Zone 1110 – 1120 (call writing visible)
Option Chain – TMPV
TMPV Option Chain Strategy Today (28 April Expiry)- Short-term bullish, medium-term bearish, long-term bearish
Nifty Technical Analysis by Nagaraj Shetti
After showing a sustainable upmove above the hurdle of 24400 levels on Tuesday, the market failed to sustain the highs on Wednesday
Intraday Stocks for Today
Union Bank of India closed at Rs. 194.05 with a strong 1.40% gain, continuing its recent bullish momentum.
Derivatives strategy by SAMCO Securities
Nifty maintains upward bias as volatility cools; buy-on-dips strategy in focus, Nifty Bank reclaims 200-DEMA, Overall, the index is displaying strength .
Commodity Insights
Precious metals are under pressure
Precious metals may remain range-bound with upward bias while tensions persist. Crude oil-Buy on dips while above support levels. Volatility likely to remain high.
Currency
USD/INR in a consolidation phase
USD/INR remains in a short-term uptrend after rebounding from the 92.40–92.60 support zone.