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Gift Nifty indicates a negative start; US markets ended on the negative; Asian markets also openen red following the Wall Street

PRE MARKET

Gift Nifty indicates a weak start for the broader index in India, with a loss of 151 points or 0.59 percent. The Nifty futures were trading around the 25,592.50 level.

US stocks ended nearly flat on Friday in a choppy session ahead of the long weekend, and all three major indexes ​posted losses for the week as the fourth-quarter earnings season kicked off.

The Dow Jones Industrial Average fell 83.11 points, or 0.17%, to 49,359.33, the S&P 500 lost 4.46 points, or 0.06%, to 6,940.01, and the Nasdaq Composite lost 14.63 points, or 0.06%, to ‍23,515.39.

Asia-Pacific markets mostly slipped on Monday, as investors assessed threats from the Trump administration toward Greenland over the weekend and looked toward key economic data from China.

Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted index went down -1.39, -0.29, and 0.30 percent, respectively.

STOCKS TODAY

Vedanta

The company’s subsidiary, ESL Steel, has received two demand notices worth Rs 1,255.37 crore from the Government of Odisha in relation to an alleged shortfall in the fulfilment of minimum production and dispatch targets for the fourth year of operation of two mining leases, BICO and Feegrade Mine.

CG Power and Industrial Solutions

The company has secured an order valued at Rs 900 crore for the supply of power transformers from Tallgrass Integrated Logistics Solutions LLC, USA, for a large-scale data centre project in the United States.

Rail Vikas Nigam

The company has emerged as the lowest bidder from South Eastern Railway for an order worth Rs 87.55 crore. The order involves the supply, installation, and commissioning of an IP-based Video Surveillance System (VSS) in LHB coaches with four cameras.

Protean eGov Technologies

Suresh Sethi has resigned as the Managing Director and Chief Executive Officer of the company, effective March 31, 2026. V Easwaran, currently the Executive Director and Chief Operating Officer, will assume charge as Interim Chief Executive Officer, effective April 1, 2026.

Source – Moneycontrol

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Benchmark indices ended the week on a flat note; Sectoral indices ended mixed; Large-cap, Mid-cap and small-cap ended slightly higher