A large part of India’s quality universe is domestic consumer-facing, and if the monsoon remains favourable this year, we expect a meaningful demand revival across several of these businesses, said Narnolia's Shailendra Kumar.
The market may consolidate, with a focus on West Asia war developments. Below are some short-term trading ideas to consider.
Stocks to Watch, 2 Apr: Stocks like South Indian Bank, Indian Bank, Tamilnad Mercantile Bank, V-Mart Retail, Hero MotoCorp, Force Motors, TVS Motor Company, Ola Electric Mobility, NMDC, Bharti Airtel, Vodafone Idea, Glenmark Pharmaceuticals, Prestige Estates Projects, Powerica, and Sai Parenterals will be in focus on April 2.
Overall, the setup remains bearish, although there has been some improvement in risk appetite. The Nifty 50 needs to extend its upward move and fill Monday’s bearish gap by surpassing the 22,800–22,850 zone to pave the way for an upmove toward 23,000–23,200.
Sadbhav Futuretech IPO | The offer will consist of issuance of 2.55 crore equity shares, and an offer-for-sale of shares worth up to Rs 235 crore by existing shareholders.
TC Terrytex IPO | The company has proposed to raise Rs 170 crore by issuing fresh shares, while Chandigarh-based textiles trading company Ashis Living - investor - will be selling 67.5 lakh shares via offer-for-sale.
Rediff.com India, a subsidiary of AvenuesAI, and SNVA Traveltech, which operates the online travel platform Travomint, opted for the confidential pre-filing route.
For the year so far, FII/FPIs have net sold worth Rs 1.81 lakh crore of Indian equities while DIIs have net bought Rs 2.47 lakh crore.
BNP Paribas Financial Markets has bought 5.4 lakh shares in Bharti Airtel from BofA Securities Europe SA.
A Goldman Sachs Group Inc. basket of the 50 most-shorted stocks soared 7.1% for its second-biggest rally in almost a year, and more than twice the gain of the S&P 500 Index.
Bvishal Oil and Energy IPO | The proposed offer comprises a fresh issue of 1.8 crore shares, along with an offer for sale of 77.09 lakh shares.
NSDL launched the “Women Plan,” offering a three-year settlement fee waiver for new women investors opening demat accounts between April 2026 and March 2027.
Launched in 2017, Travomint provides an all-in-one booking experience with regards to flights, hotels, car rentals, airport transfers and travel insurance through its website and mobile applications available on Android and iOS.
Kay Jay Forgings IPO | The proposed offer comprises a fresh issue of equity shares aggregating to Rs 300 crore and an offer for sale (OFS) of shares worth Rs 60 crore by promoters.
Rediff.com India IPO | | The company has opted for the confidential pre-filing route, which allows it to engage with the SEBI for initial feedback on its draft document without it being publicly disclosed.
Among the three, Amir Chand Jagdish Kumar (Exports) is commanding the highest grey market premium (GMP), indicating modest listing gains.
Despite the positive close, the formation of a bearish candle by the Nifty 50 on the daily chart signals a strong presence of sellers at higher levels.
Large-caps have now been trading below their 10-year average relative to mid-caps since May 2023. Bernstein notes this is the longest continuous stretch after 2019
The best way to approach investing at this stage is to identify stock-specific dislocations across sectors, says Bernstein
Except pharma (down 1%), all other sectoral indices ended in the green with defence index surged more than 5%, capital goods, media, PSU Bank indices rose 3% each, while auto, consumer durables, IT, metal, realty, FMCG, telecom, Private Bank up 1-2%.
The stock had declined nearly 7 percent over the previous two sessions. It recovered most of the losses on Wednesday, tracking gains in the broader market.
Markets staged a relief rebound after two consecutive sessions of decline, but the momentum faded from intraday highs as profit booking kicked in. Benchmark indices slipped notably from peak levels, with the Nifty down 200 points and the Sensex off 700 points, while Bank Nifty also gave up 600 points from the day’s high. Despite the pullback, the overall market breadth remained firmly positive. Except for the pharma pack, all sectoral indices traded in the green, led by strong buying interest in metal and PSU banking stocks. Broader markets continued to outperform, with smallcaps showing resilience and leading the gains.
Jet-engine maker Rolls-Royce Holdings Plc and German gas turbines producer Siemens Energy AG each rose as much as 10%, recouping a big share of their 15% declines in March.
According to the brokerage estimates, while during the month of February, mutual funds active equity AUM was around Rs 35.4 lakh crore (Rs 35.4 trillion), cash-to-AUM ratio is likely to be around 3 percent (cash levels of around Rs 1 lakh crore)
A surge in secondary share sales worth nearly Rs 4 lakh crore in FY26 has flooded the market with listed equity, leaving investors with reduced appetite for new issues even as domestic inflows remain strong.