< -5%

-5% to -3%

-3% to 0%

Oval Projects

Sattva Engineer

Goel Constructi

Popular Estate

0% to 3%

Epack Prefab

HM Electro Mech

GRANDOAK

Mega Nirman

Techno Electric

Larsen

3% to 5%

Lakshya Power

VSF Projects

Shashijit Infra

Globe Civil Pro

Winsol Engineer

Madhav Infra Pr

Ircon Internati

Srinibas Pradha

Gayatri Highway

Bank stocks gained 3%, snapping a two-day losing streak., Nifty Bank hit 51,806.25, all 14 constituents traded in the green., Punjab National Bank led gains, rising nearly 4 percent.

* Bank stocks gained 3%, snapping a two-day losing streak.
* Nifty Bank hit 51,806.25, all 14 constituents traded in the green.
* Punjab National Bank led gains, rising nearly 4 percent.

Banking shares rebounded over 3% after a two-day slump, tracking Sensex and Nifty gains amid easing oil and inflation concerns. Nifty Bank rose 3.04%, with all constituents in the green. Analysts warn of bearish trends and key support/resistance levels ahead.

shorts/business/bank-nifty-surges-up-to-3-to-snap-two-day-losses-pnb-au-sfb-lead-gainers-what-lies-ahead

Banking shares on Wednesday snapped a two-day losing streak and rose more than 3 percent, tracking a sharp rebound in benchmark indices.

The Sensex and Nifty ended their two-session decline and surged over 2.6 percent on the first day of the financial year on April 1, amid easing concerns over oil prices and global inflation.

Sentiment improved after US president Donald Trump said Washington could end its military attacks on Iran within two to three weeks, adding that Tehran would not need to strike a deal as a precondition for the conflict to wind down.

Brent crude prices slipped to $105 per barrel, while Asian markets climbed 3.7 percent on expectations that the month-long conflict could end soon.

The Nifty Bank rose 3.04 percent to hit an intraday high of 51,806.25. All its 14 constituents traded in the green. The index had declined 6.5 percent over the previous two sessions.

Punjab National Bank was the top gainer, rising nearly 4 percent. AU Small Finance Bank and Axis Bank advanced 3.73 percent and 3.72 percent, respectively.

Among heavyweights, State Bank of India, HDFC Bank, ICICI Bank, Yes Bank and Kotak Mahindra Bank rose between 1.5 percent and 3 percent.
What lies ahead?
Sudeep Shah, Head of Technical and Derivatives Research at SBI Securities, said the price structure remains bearish with sustained lower lows and broad-based selling pressure across constituents.

&quot;The sharp fall reflects a lack of support from heavyweight banking stocks, which dragged the index lower. Bank Nifty ended FY26 with a loss of 2.50 percent, highlighting its underperformance in the latter part of the year,&quot; he said.

He added that immediate support is placed in the 49,900–49,800 zone, and a sustained move below this could extend the decline towards 49,500 and then 49,200 in the near term. On the upside, the 50,600–50,700 range is expected to act as immediate resistance.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Bank Nifty surges up to 3% to snap two-day losses; PNB, AU SFB lead gains: What lies ahead?

RailTel Corporation of India share price rose 5 percent in the early trade on April 1 following the company received the work order from Jharkhand Education Project Council.

At 09:17am, Railtel Corporation of India was quoting at Rs 258.20, up Rs 12.30, or 5.00 percent, on the BSE.

The order included the selection of agency for conducting English language training and set up of English language labs.

The size of said order is Rs 29,69,03,155 and to be executed by April 6, 2029.

Catch all the market action on our live blog

Last week, the company received Letter of Acceptance (LoA) of Rs 13.03 crore for SITC &amp;amp; O&amp;amp;M of Hospital Management Information System (HMIS) for hospital and dispensaries of Mumbai Port Authority.

Also, received the Letter of Intent (LoI) from Centre For E-Governance worth Rs 4,44,44,44,444 and LoA worth Rs 14.29 crore from Department Of Education Samagra Shiksha for establishment of smart classrooms in 596 government schools of Himachal Pradesh under Samagra Shiksha.

In the previous trading session, the share closed at Rs 245.90, down Rs 14.35, or 5.51 percent.

The share touched a 52-week high of Rs 478.80 and a 52-week low of Rs 244.95 on 10 June, 2025 and 30 March, 2026, respectively.

Currently, the stock is trading 48.64 percent below its 52-week high and 0.39 percent above its 52-week low.

The market capitalisation of the company stands at Rs 7,891.88 crore.

RailTel Corp shares gain 5% on Rs 29.69cr order win from Jharkhand Education Project Council

Granules India shares gained 2 percent in the early trade on April 1 after its wholly owned subsidiary, Granules Life Sciences, received a Voluntary Action Indicated (VAI) classification following an inspection by the United States Food and Drug Administration.

At 09:18am, Granules India was quoting at Rs 634.50, up Rs 13.35, or 2.15 percent, on the BSE.

The inspection of its manufacturing facility in Shamirpet, Telangana, was conducted between December 15 and 19, 2025, covering current Good Manufacturing Practice (cGMP) and pre-approval inspection (PAI) for oral solid dosage operations.

The Establishment Inspection Report (EIR) has been issued, and the inspection has now been closed with no regulatory action recommended.

Catch all the market action on our live blog

Earlier in the month of March, its US step-down subsidiary, Granules Consumer Health LLC (a wholly-owned subsidiary of Granules Pharmaceuticals, Inc.), has received an Establishment Inspection Report (EIR) with a No Action Indicated (NAI) status from the USFDA following an inspection at its Manassas, Virginia packaging facility conducted between December 1 and 3, 2025.

The share price jumped more than 25 percent in the last nine months.

In the previous trading session, the share closed at Rs 621.15, down Rs 2.10, or 0.34 percent.

The share touched a 52-week high of Rs 640.00 and a 52-week low of Rs 412.05 on 25 March, 2026 and 07 April, 2025, respectively.

Currently, the stock is trading 2.95 percent below its 52-week high and 50.75 percent above its 52-week low.

The market capitalisation of the company stands at Rs 15,391.91 crore.

Granules India shares up 2% after arm gets VAI status post USFDA inspection

Pace Digitek share price added 10 percent in the early trade on April 1 following the company received a Letter of Acceptance (LoA) for Rs 494.54 crore from NTPC.

At 09:21am, Pace Digitek was quoting at Rs 154.95, up Rs 14.10, or 10.01 percent, on the BSE.

NTPC awarded the EPC package of a Battery Energy Storage System (BESS) at the Nabinagar Super Thermal Power Station, including ex-works supply and comprehensive annual maintenance for the system’s entire design life.

The ex-works supply and services in to be executed within 15 months, with annual maintenance for 11 years.

Catch all the market action on our live blog

Last week, the company received a LoA for Rs 22.642 crore from North Western Railway for provision of Lattice Towers in connection with UHF/LTE &amp;amp; KAVACH Work over balance routes of Jodhpur division of North Western Railway (996.24 KM).

In the month of February, the company's material subsidiary Lineage Power received a purchase order worth Rs 1,58.71 crore from Reliance Industries.

The subsidiary will supply battery packs of Li-ion 48V 15S1P 314 AH, which is to be completed by August 31, 2026.

Also, secured an advance letter of authorization (LOA) from RailTel Corporation of India for security infrastructure project of Rs 89.07 crore and Lineage Power received a purchase order worth USD 1,346,210.00 from Yaqin Che for supply of Mobile Battery Energy Storage System (BESS).

In the previous trading session, the share closed at Rs 140.85, down Rs 10.90, or 7.18 percent.

The share touched a 52-week high of Rs 232.20 and a 52-week low of Rs 139.50 on 10 October, 2025 and 30 March, 2026, respectively.

Currently, the stock is trading 39.34 percent below its 52-week high and 0.97 percent above its 52-week low.

The market capitalisation of the company stands at Rs 3,040.27 crore.

Pace Digitek share price jumps 10% on LoA worth RS 494.5 crore from NTPC

The shares of Texmaco Rail and Engineering surged more than 9 percent in the opening trade on April 1 following the order win from JSW Group.

At 09:21am, Texmaco Rail and Engineering was quoting at Rs 86.05, up Rs 7.25, or 9.20 percent, on the BSE.

JSW Group has awarded an order of Rs 357.11 crore for manufacture and supply of BLSS (Bandwidth Lease Service Scheme), BLCS (Bandwidth Lease Circuit Service) and BFNV rakes along with BVCM Wagons.

In its meeting held on March 31 the company board approved 'Texmaco Long Term Incentive Plan (LTIP) Scheme' to create, offer, grant, issue and allot options exercisable into not more than 24,00,000 equity shares of Re 1 each of the company, to key executives of the company in one or more tranches, subject to the approval of shareholders.

Catch all the market action on our live blog

On March 29, North Central Railway has awarded an order of Rs 22.91 crore (excluding taxes) for reliability improvement of track circuits by provision of MSDAC in parallel of existing DCTC and other associated work at 14 stations of Prayagraj Division.

In the previous trading session, the share closed down 5.48 percent or Rs 4.85 at Rs 83.60.

The share touched a 52-week high of Rs 189.00 and a 52-week low of Rs 78.15 on 26 June, 2025 and 30 March, 2026, respectively.

Currently, the stock is trading 58.31 percent below its 52-week high and 0.83 percent above its 52-week low.

The market capitalisation of the company stands at Rs 3,206.09 crore.

The company share price declined 55 percent in the last 9 months.

Engineering & Construction Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Engineering & Construction industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q4 FY25-26

Stock News

Bank Nifty surges up to 3% to snap two-day losses; PNB, AU SFB lead gains: What lies ahead?

RailTel Corp shares gain 5% on Rs 29.69cr order win from Jharkhand Education Project Council

Granules India shares up 2% after arm gets VAI status post USFDA inspection

Pace Digitek share price jumps 10% on LoA worth RS 494.5 crore from NTPC

Texmaco Rail shares surges 9% post Rs 357 crore order win from JSW Group

Engineering & Construction Industry StocksCheck latest stock performance, list of stocks, earnings review & more details about the Engineering & Construction industry stocks.

Gainers/Losers

Industry Market Map

Earnings Review-Q4 FY25-26

Stock News

Bank Nifty surges up to 3% to snap two-day losses; PNB, AU SFB lead gains: What lies ahead?

RailTel Corp shares gain 5% on Rs 29.69cr order win from Jharkhand Education Project Council

Granules India shares up 2% after arm gets VAI status post USFDA inspection

Pace Digitek share price jumps 10% on LoA worth RS 494.5 crore from NTPC

Texmaco Rail shares surges 9% post Rs 357 crore order win from JSW Group

Engineering & Construction Industry Stocks
Check latest stock performance, list of stocks, earnings review & more details about the Engineering & Construction industry stocks.