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 (CT)
6 April – 8 April
Emiac Technologies IPO
27 Mar – 8 April
Vivid Electromech IPO
Listed @ Rs.565
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
Option Chain – Titan
Titan Option Chain Strategy Today (28 April Expiry)- Buy 4500 PE only if Titan slips below 4488
Intraday Stocks for Today
HEC Projects closed at Rs. 128.11 after a sharp 16.84% single-day jump, and the stock has already surged 33.61% in a week, clearly showing strong momentum revival.
Derivatives strategy by SAMCO Securities
Nifty’s gap-up rebound shifts sentiment; 23,770 support holds key, Nifty Bank recovers 50% of decline; 55,000 emerges as make-or-break level
Nifty Technical Analysis by Nagaraj Shetti
The overall chart pattern is positive and if this gap remains unfilled for the next 3-4 sessions, then that could suggest broad based rally for the markets ahead.
Break out Stocks by Nilesh Kotak
Breakout stock for 9 April – Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India.
Nifty Options Chain
Nifty Option Chain Strategy ,Primary trade: Buy 23200 CE only if Nifty sustains above 23200, Add aggressively above 23300
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Primary trade: Buy 53000 CE only if Bank Nifty sustains above 53000
Reliance Option Chain
Reliance Option Strategy— Primary trade: Buy 1310 CE only if Reliance sustains above 1310, Add aggressively only above 1320
SBI Option Chain
SBIN Option Chain Strategy Today (28 April Expiry) Market mood is risk-on, so stocks can witness gap-up continuation moves
Sumeet Bagadia’s Breakout stocks
The Indian equity markets extended their recovery for the third consecutive session on 6 April, with both benchmark indices closing firmly in the green.
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.
Commodity Insights
Why Crude Oil Is Falling? Why Gold Is Rising?
A sharp shift in geopolitical sentiment is driving commodities today. The big trigger is the two-week US-Iran ceasefire
Currency
USD/INR structure remains bullish
USD/INR is still in a short-term correction mode after the earlier strong rally. Bias for tomorrow: Mild bearish to sideways
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 (CT)
6 April – 8 April
Emiac Technologies IPO
27 Mar – 8 April
Vivid Electromech IPO
Listed @ Rs.565
Right Issue
Issue Date
Stallion India Fluorochemicals Limited
20 Feb – 27 Feb
Sical Logistics Limited – Rights Issue 2026
26 Feb – 10 Mar
Market Insights
Option Chain – Titan
Titan Option Chain Strategy Today (28 April Expiry)- Buy 4500 PE only if Titan slips below 4488
Intraday Stocks for Today
HEC Projects closed at Rs. 128.11 after a sharp 16.84% single-day jump, and the stock has already surged 33.61% in a week, clearly showing strong momentum revival.
Derivatives strategy by SAMCO Securities
Nifty’s gap-up rebound shifts sentiment; 23,770 support holds key, Nifty Bank recovers 50% of decline; 55,000 emerges as make-or-break level
Nifty Technical Analysis by Nagaraj Shetti
The overall chart pattern is positive and if this gap remains unfilled for the next 3-4 sessions, then that could suggest broad based rally for the markets ahead.
Break out Stocks by Nilesh Kotak
Breakout stock for 9 April – Adani Power (APL), a part of the diversified Adani Group, is the largest private thermal power producer in India.
Nifty Options Chain
Nifty Option Chain Strategy ,Primary trade: Buy 23200 CE only if Nifty sustains above 23200, Add aggressively above 23300
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Primary trade: Buy 53000 CE only if Bank Nifty sustains above 53000
Reliance Option Chain
Reliance Option Strategy— Primary trade: Buy 1310 CE only if Reliance sustains above 1310, Add aggressively only above 1320
SBI Option Chain
SBIN Option Chain Strategy Today (28 April Expiry) Market mood is risk-on, so stocks can witness gap-up continuation moves
Sumeet Bagadia’s Breakout stocks
The Indian equity markets extended their recovery for the third consecutive session on 6 April, with both benchmark indices closing firmly in the green.
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.
Commodity Insights
Why Crude Oil Is Falling? Why Gold Is Rising?
A sharp shift in geopolitical sentiment is driving commodities today. The big trigger is the two-week US-Iran ceasefire
Currency
USD/INR structure remains bullish
USD/INR is still in a short-term correction mode after the earlier strong rally. Bias for tomorrow: Mild bearish to sideways