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
Listed @ Rs. 366
Amir Chand Jagdish Kumar IPO
Listed @ Rs.200
Sai Parenteral’s IPO
Listed @ Rs.400
SME IPOs
Issue Dates
Safety Controls IPO
6 April – 8 April
Emiac Technologies IPO (O)
27 Mar – 8 April
Vivid Electromech IPO
Listing- 6 April
Highness Microelectronics IPO
Listed @ Rs.125
Tipco Engineering IPO
Listed @ Rs. 89.25
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
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.
Nifty Technical Analysis by Nagaraj Shetti
After showing weakness, Nifty shifted into a roller-coaster ride of sharp up and down trended moves on Thursday and closed the day higher with sharp recovery
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.
Intraday Stocks for Today
Shri Renuka Sugars is showing a fresh short-term breakout structure after closing at Rs. 28.09 with a 2.15% single-day gain.
Nifty Options Chain
Nifty remains technically weak, but the index is also close to an oversold recovery zone.
So strategy should be CE Buy on breakout / PE Buy on failed bounce.
Bank Nifty Options Chain
Bank Nifty remains technically weak, but the market is now in a zone where sharp bounceback attempts can emerge anytime.
So strategy should be CE Buy on breakout / PE Buy on failed bounce.
Reliance Option Chain
Buy 1400 CE only if Reliance sustains above 1390–1395, Add on strength if price crosses 1400 decisively, Buy 1380 PE only if Reliance slips below 1370–1365
Break out Stocks by Nilesh Kotak
Breakout stock for 2 April – The company is in the business of Oil and Gas field services. The company specializes in providing Air & Gas Compression Services.
SBI Option Chain
SBIN Option Chain Strategy Today (28 April Expiry) Buy 1020 CE only if SBIN sustains above 1022–1025, Add on strength if price crosses 1030 decisively
Option Chain – Bharti Airtel
Bharti Airtel Option Chain Strategy Today- Buy 1800 PE only if Bharti Airtel slips below 1778–1775- Add on weakness if price breaks 1768 decisively
Nifty Analysis for 2 April – HDFC Securities
Nifty Surges Over 300 Points on Robust Global Cues; Mid, Small caps Shine, Today’s recovery marks the fifth pullback attempt since the ongoing war scenario began
Commodity Insights
Gold is strengthening, crude oil is cooling
In commodity market — gold is strengthening, crude oil is cooling, base metals are stabilising, while natural gas remains under pressure.
Currency
USD/INR structure remains bullish
The RBI has implemented a strategic sequence of initiatives designed to curb speculative fervor and dampen volatility in the rupee.
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
Listed @ Rs. 366
Amir Chand Jagdish Kumar IPO
Listed @ Rs.200
Sai Parenteral’s IPO
Listed @ Rs.400
SME IPOs
Issue Date
Safety Controls IPO
6 April – 8 April
Emiac Technologies IPO (O)
27 Mar – 8 April
Vivid Electromech IPO
Listing- 6 April
Highness Microelectronics IPO
Listed @ Rs.125
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
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.
Nifty Technical Analysis by Nagaraj Shetti
After showing weakness, Nifty shifted into a roller-coaster ride of sharp up and down trended moves on Thursday and closed the day higher with sharp recovery
Intraday Stocks for Today
Shri Renuka Sugars is showing a fresh short-term breakout structure after closing at Rs. 28.09 with a 2.15% single-day gain.
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.
Break out Stocks by Nilesh Kotak
Breakout stock for 2 April – The company is in the business of Oil and Gas field services. The company specializes in providing Air & Gas Compression Services.
Nifty Analysis for 2 April – HDFC Securities
Nifty Surges Over 300 Points on Robust Global Cues; Mid, Small caps Shine, Today’s recovery marks the fifth pullback attempt since the ongoing war scenario began
Nifty Options Chain
Nifty remains technically weak, but the index is also close to an oversold recovery zone.
So strategy should be CE Buy on breakout / PE Buy on failed bounce.
Bank Nifty Options Chain
Bank Nifty remains technically weak, but the market is now in a zone where sharp bounceback attempts can emerge anytime.
So strategy should be CE Buy on breakout / PE Buy on failed bounce.
Reliance Option Chain
Buy 1400 CE only if Reliance sustains above 1390–1395, Add on strength if price crosses 1400 decisively, Buy 1380 PE only if Reliance slips below 1370–1365
Commodity Insights
Gold is strengthening, crude oil is cooling
In commodity market — gold is strengthening, crude oil is cooling, base metals are stabilising, while natural gas remains under pressure.
Currency
USD/INR structure remains bullish
The RBI has implemented a strategic sequence of initiatives designed to curb speculative fervor and dampen volatility in the rupee.