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
SME IPOs
Issue Dates
Safety Controls IPO (OT)
6 April – 8 April
Emiac Technologies IPO (O)
27 Mar – 8 April
Vivid Electromech IPO
Listin – 7 April
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
Intraday Stocks for Today
Mawana Sugar closed at Rs. 99.82, after a sharp 7.51% single-day rally, and is now trading just below the psychological Rs. 100 mark.
Nifty Technical Analysis by Nagaraj Shetti
Nifty witnessed a back-to-back gains for two sessions on Monday and closed the day higher by 255 points. After opening on a positive note, the market showed consolidation
Break out Stocks by Nilesh Kotak
Breakout stock for 7 April – The company is involved in the manufacturing and selling of Active Pharma Ingredients (APIs), Pharmaceutical Formulation Intermediates
Nifty Options Chain
Buy 22600 PE only if Nifty slips below 22550–22500, Avoid trades in 22550–22750 middle zone
Bank Nifty Options Chain
Buy 52000 PE only if Bank Nifty slips below 51080–51000
• Buy 52200 CE only if price reclaims 52000–52100
Reliance Option Chain
Buy 1350 PE only if Reliance slips below 1345–1340, Avoid trades in 1345–1360 middle zone
SBI Option Chain
SBIN Option Chain Strategy Today (28 April Expiry) Buy 1000 PE only if SBIN slips below 1005–1000, Avoid trades in 1005–1025 middle zone
Option Chain – Coal India
Coal India Option Chain Strategy Today- Buy 450 PE only if Coal India slips below 447.5
• Buy 455 CE only if price reclaims 452.5–453
Jainee’s Coffee-Can Portfolio
This week’s company operates in the fertilizer and agro-chemical segment with a strong focus on phosphatic fertilizers like SSP and NPK/DAP.—Strong momentum rally.
Nifty Projection by Amol Athawale
In the last truncated week, the benchmark indices experienced volatile activity. On the higher side, the bounce-back could extend till 22,900–23,000/74000-74200.
Sumeet Bagadia’s Breakout stocks
The Indian stock market bounced back on Wednesday, April 1, 2026, ending its two-session losing streak. sellers are still active near higher resistance zones.
Commodity Insights
Oil stays supported on supply tightness
Oil stays supported on supply tightness, gold remains range-bound, metals mixed, Copper steady, aluminium supply concerns keep metals volatile
Currency
USD/INR structure remains bullish
USD/INR is showing base-building behavior near 92.70–92.90 after a sharp correction from higher levels. Either buy near 92.75 support
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
SME IPOs
Issue Date
Safety Controls IPO (OT)
6 April – 8 April
Emiac Technologies IPO (O)
27 Mar – 8 April
Vivid Electromech IPO
Listin – 7 April
Right Issue
Issue Date
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Sical Logistics Limited – Rights Issue 2026
26 Feb – 10 Mar
Market Insights
Intraday Stocks for Today
Mawana Sugar closed at Rs. 99.82, after a sharp 7.51% single-day rally, and is now trading just below the psychological Rs. 100 mark.
Nifty Technical Analysis by Nagaraj Shetti
Nifty witnessed a back-to-back gains for two sessions on Monday and closed the day higher by 255 points. After opening on a positive note, the market showed consolidation
Break out Stocks by Nilesh Kotak
Breakout stock for 7 April – The company is involved in the manufacturing and selling of Active Pharma Ingredients (APIs), Pharmaceutical Formulation Intermediates
Nifty Options Chain
Buy 22600 PE only if Nifty slips below 22550–22500, Avoid trades in 22550–22750 middle zone
Bank Nifty Options Chain
Buy 52000 PE only if Bank Nifty slips below 51080–51000
• Buy 52200 CE only if price reclaims 52000–52100
Reliance Option Chain
Buy 1350 PE only if Reliance slips below 1345–1340, Avoid trades in 1345–1360 middle zone
SBI Option Chain
SBIN Option Chain Strategy Today (28 April Expiry) Buy 1000 PE only if SBIN slips below 1005–1000, Avoid trades in 1005–1025 middle zone
Option Chain – Coal India
Coal India Option Chain Strategy Today- Buy 450 PE only if Coal India slips below 447.5
• Buy 455 CE only if price reclaims 452.5–453
Jainee’s Coffee-Can Portfolio
This week’s company operates in the fertilizer and agro-chemical segment with a strong focus on phosphatic fertilizers like SSP and NPK/DAP.—Strong momentum rally.
Nifty Projection by Amol Athawale
In the last truncated week, the benchmark indices experienced volatile activity. On the higher side, the bounce-back could extend till 22,900–23,000/74000-74200.
Sumeet Bagadia’s Breakout stocks
The Indian stock market bounced back on Wednesday, April 1, 2026, ending its two-session losing streak. sellers are still active near higher resistance zones.
Commodity Insights
Oil stays supported on supply tightness
Oil stays supported on supply tightness, gold remains range-bound, metals mixed, Copper steady, aluminium supply concerns keep metals volatile
Currency
USD/INR structure remains bullish
USD/INR is showing base-building behavior near 92.70–92.90 after a sharp correction from higher levels. Either buy near 92.75 support