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
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Main Board IPOs
Issue Dates
SME IPOs
Issue Dates
Safety Controls IPO
Allotment – Today
Emiac Technologies IPO
Allotment – Today
Vivid Electromech IPO
Listed @ Rs.565
Right Issue
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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
Jainee’s Coffee-Can Portfolio
This week’s company is Asia’s oldest stock exchange & has transformed itself from a legacy trading platform into a modern financial infrastructure powerhouse
Nifty Analysis for 10 April – HDFC Securities
Nifty resumed its uptrend and rose 275 points to reclaim the 24,000 level. On the downside, 23,700 has emerged as the new short-term support level.
Nifty Projection by Amol Athawale
In the last week, the benchmark indices witnessed a stellar rally. We are of the view that the short-term market outlook has changed to positive from negative,
Nifty Options Chain
Nifty Option Chain Strategy Today (28 April Expiry), Short & medium-term bearish, Strong call writing at 23800–23900, put support at 23700.
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Short & medium-term bearish, Strong call writing at 55000–55300, put support at 54800
Reliance Option Chain
Reliance Option Strategy -Short & medium-term bearish -1330 PE Buy Rs. 24 – 27 Target Rs. 36 / 48 Stoploss Rs. 18
SBI Option Chain
SBIN Option Chain Strategy Today (28 April Expiry) – 1040 PE Buy Rs. 25 – 28 Target Rs. 38 / 50 Stoploss Rs. 18
Option Chain – Tech Mahindra
Titan Option Chain Strategy Today (28 April Expiry)- 1460 PE Buy Rs. 44 – 48 Target- Rs. 62 / 75 Stoploss Rs. 34, 1480 CE Buy Rs. 38 – 42 Target Rs. 55 / 68 Stoploss Rs. 30
Sumeet Bagadia’s Breakout stocks
The Indian equity market witnessed profit booking on Thursday, April 9, The formation of a bearish piercing pattern on the charts indicates a short-term negative bias.
Intraday Stocks for Today
Honasa Ltd closed at Rs. 332.35 after a strong 6.05% single-day gain, while the stock has already rallied 14.29% in a month and remains firmly bullish
Break out Stocks by Nilesh Kotak
Breakout stock for 10 April – ITDC is is running hotels, restaurants, providing transport facilities, engaged in production, distribution and sale of tourist publicity
Commodity Insights
Gold continues to hold firm
Spot gold remained below $4,750 per ounce on Friday, both Crude benchmarks are still heading for their sharpest weekly decline since June.
Currency
USD/INR structure remains bullish
USD/INR is showing a short-term corrective structure after the earlier sharp rally. The broader uptrend is not fully broken,
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
Allotment – Today
Emiac Technologies IPO
Allotment – Today
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
Nifty Analysis for 10 April – HDFC Securities
Nifty resumed its uptrend and rose 275 points to reclaim the 24,000 level. On the downside, 23,700 has emerged as the new short-term support level.
Nifty Projection by Amol Athawale
In the last week, the benchmark indices witnessed a stellar rally. We are of the view that the short-term market outlook has changed to positive from negative,
Jainee’s Coffee-Can Portfolio
This week’s company is Asia’s oldest stock exchange & has transformed itself from a legacy trading platform into a modern financial infrastructure powerhouse
Nifty Options Chain
Nifty Option Chain Strategy Today (28 April Expiry), Short & medium-term bearish, Strong call writing at 23800–23900, put support at 23700.
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Short & medium-term bearish, Strong call writing at 55000–55300, put support at 54800
Reliance Option Chain
Reliance Option Strategy -Short & medium-term bearish -1330 PE Buy Rs. 24 – 27 Target Rs. 36 / 48 Stoploss Rs. 18
SBI Option Chain
SBIN Option Chain Strategy Today (28 April Expiry) – 1040 PE Buy Rs. 25 – 28 Target Rs. 38 / 50 Stoploss Rs. 18
Option Chain – Tech Mahindra
Titan Option Chain Strategy Today (28 April Expiry)- 1460 PE Buy Rs. 44 – 48 Target- Rs. 62 / 75 Stoploss Rs. 34, 1480 CE Buy Rs. 38 – 42 Target Rs. 55 / 68 Stoploss Rs. 30
Sumeet Bagadia’s Breakout stocks
The Indian equity market witnessed profit booking on Thursday, April 9, The formation of a bearish piercing pattern on the charts indicates a short-term negative bias.
Intraday Stocks for Today
Honasa Ltd closed at Rs. 332.35 after a strong 6.05% single-day gain, while the stock has already rallied 14.29% in a month and remains firmly bullish
Derivatives strategy by SAMCO Securities
Nifty pauses after sharp rebound; range- bound bias with cautious undertone, Nifty Bank slips below 55,000; Resistance seen near 55,800–56,000.
Commodity Insights
Gold continues to hold firm
Spot gold remained below $4,750 per ounce on Friday, both Crude benchmarks are still heading for their sharpest weekly decline since June.
Currency
USD/INR structure remains bullish
USD/INR is showing a short-term corrective structure after the earlier sharp rally. The broader uptrend is not fully broken,