
Market Outlook: Indian Markets Set for Soft Opening
The Indian stock market is likely to open lower on Monday, April 6, 2026, amid mixed global cues and ongoing geopolitical tensions linked to the US-Iran conflict. Investor sentiment remains cautious as global developments continue to influence market direction.Gift Nifty indicates a gap-down opening, trading around the 22,641 level, down nearly 67 points from the previous close of Nifty futures.
Hariprasad K, SEBI-registered Research Analyst and Founder of Livelong Wealth, said Indian markets are expected to open on a muted note, with Gift Nifty suggesting a flat start near the 22,690 to 22,700 range. He added that sentiment remains tied to evolving tensions in the Middle East as markets resume full trading after a brief pause.
The domestic market was closed on Friday due to the Good Friday holiday. In the previous session on Thursday, benchmark indices rebounded, with the Sensex rising 185.23 points to close at 73,319.55, while the Nifty 50 gained 33.70 points to settle at 22,713.10.
Top Stocks to Watch Today
HDFC Bank
HDFC Bank reported steady growth in its Q4 business update. The bank’s average advances under management rose to ₹29.64 lakh crore in the March 2026 quarter, marking a 10% increase compared to ₹26.96 lakh crore in the same period last year.Wipro
Wipro announced a long-term transformation deal with Olam Group. The eight-year engagement is expected to exceed $1 billion in total contract value, including a committed spend of $800 million.YES Bank
YES Bank reported stable balance sheet growth in the March quarter, with advances and deposits increasing at a healthy pace, supported by improvements in its low-cost deposit base.RBL Bank
The Reserve Bank of India has approved Emirates NBD Bank’s proposal to acquire up to a 74% stake in RBL Bank, indicating a potential shift in ownership and strategic direction.Tata Motors PV
Jaguar Land Rover reported a 61.1% jump in fourth-quarter sales, supported by normalization in production after disruptions caused by a cyber incident last year.Hindustan Zinc
Hindustan Zinc reported a mixed operational performance for the fourth quarter. Mined metal production increased 2% year-on-year and 14% quarter-on-quarter, while refined zinc output rose 6% compared to the same period last year.RVNL
RVNL secured a new contract worth ₹242 crore from South Central Railway, strengthening its order book and project pipeline.Emami
Emami is set to acquire full ownership of Axiom Ayurveda Pvt Ltd, marking a strategic move into the health and wellness beverage segment.Marico
Marico’s subsidiary, Marico South East Asia Corporation, has acquired a 75% stake in Vietnam-based Skinetiq Joint Stock Company, expanding its presence in the digital-first skincare segment.Tata Steel
Tata Steel has received a demand notice of ₹1,755.1 crore from the District Mining Office in Jharkhand. The notice alleges excess coal extraction of around 16.24 million tonnes from the West Bokaro Colliery between FY2000–01 and FY2006–07.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.