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 (O)
23 April – 27 April
Mehul Telecom IPO
Listed @ Rs.108
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
Best Intraday Stocks to buy – Vaishali Parekh
Nifty 50 and BSE Sensex — ended marginally higher, but a sharp sell-off in the last hour clearly revealed profit booking beneath the surface.
Sumeet Bagadia’s Breakout stocks
Bank Nifty is showing clear signs of caution. Sustaining below 56,850 may keep pressure intact, while a fall below 55,700 can trigger deeper correction.
Nifty Options Chain
Nifty Option Chain Strategy Today (28 April Expiry), Bias: Bullish above 24200, weak below 24100
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Bias: Bullish above 56500, weak below 56200.
Reliance Option Chain
Reliance Option Strategy – Short-term bearish, medium-term bearish, long-term bullish, Resistance Zone 1350 – 1360 (heavy call writing visible)
SBI Option Chain
SBIN option strategy-
Short-term bullish, medium-term bullish, long-term bullish
Option Chain – Axis Bank
Axis Bank Option Chain Strategy Today (28 April Expiry)- Short-term bullish, medium-term bearish, long-term bearish
Intraday Stocks for Today
Tata Communications closed at Rs. 1580.70 with a sharp 3.65% gain, showing renewed buying interest after recent correction.
Break out Stocks by Nilesh Kotak
Breakout stock for 24 April – The Company is is an integrated power plant equipment manufacturer engaged in design, engineering, manufacture, erection, testing, commissioning
Derivatives strategy by SAMCO Securities
Profit booking deepens in Nifty; 24,100 now critical for trend direction, Range-bound structure in Nifty Bank; Support holds but upside remains capped
Nifty Technical Analysis by Nagaraj Shetti
A small negative candle was formed on the daily chart with minor upper shadow. The opening downside gap of Thursday remains unfilled.
Commodity Insights
Precious metals are under pressure
Dollar Strength Pressures Gold | Crude Supported by Hormuz Risk | Metals Under Pressure, Markets are entering a geopolitical inflation phase
Currency
USD/INR in a consolidation phase
USD/INR has formed a fresh bullish candle after taking support near 93.75–93.80 zone. The pair is now moving higher toward 94.10–94.15
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 (O)
23 April – 27 April
Mehul Telecom IPO
Listed @ Rs.108
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: Bullish above 24200, weak below 24100
Bank Nifty Options Chain
Bank Nifty Option Chain Strategy Today (28 April Expiry) Bias: Bullish above 56500, weak below 56200.
Reliance Option Chain
Reliance Option Strategy – Short-term bearish, medium-term bearish, long-term bullish, Resistance Zone 1350 – 1360 (heavy call writing visible)
SBI Option Chain
SBIN option strategy-
Short-term bullish, medium-term bullish, long-term bullish
Option Chain – Axis Bank
Axis Bank Option Chain Strategy Today (28 April Expiry)- Short-term bullish, medium-term bearish, long-term bearish
Best Intraday Stocks to buy – Vaishali Parekh
Nifty 50 and BSE Sensex — ended marginally higher, but a sharp sell-off in the last hour clearly revealed profit booking beneath the surface.
Sumeet Bagadia’s Breakout stocks
Bank Nifty is showing clear signs of caution. Sustaining below 56,850 may keep pressure intact, while a fall below 55,700 can trigger deeper correction.
Intraday Stocks for Today
Tata Communications closed at Rs. 1580.70 with a sharp 3.65% gain, showing renewed buying interest after recent correction.
Nifty Analysis for 24 April – HDFC Securities
Driven by surging hedging demand and a flight to safe-haven assets, the Indian rupee weakened for a fourth straight day, depreciating 32 paise against the dollar
Derivatives strategy by SAMCO Securities
Profit booking deepens in Nifty; 24,100 now critical for trend direction, Range-bound structure in Nifty Bank; Support holds but upside remains capped
Nifty Technical Analysis by Nagaraj Shetti
A small negative candle was formed on the daily chart with minor upper shadow. The opening downside gap of Thursday remains unfilled.
Commodity Insights
Precious metals are under pressure
Dollar Strength Pressures Gold | Crude Supported by Hormuz Risk | Metals Under Pressure, Markets are entering a geopolitical inflation phase
Currency
USD/INR in a consolidation phase
USD/INR has formed a fresh bullish candle after taking support near 93.75–93.80 zone. The pair is now moving higher toward 94.10–94.15