PRE MARKET
Gift Nifty indicates a negative start for the broader index in India, with a loss of 85 points or 0.37 percent. The Nifty futures were trading around the 22,620 level.
U.S. stocks ended slightly mixed on Thursday after paring deeper losses, as diplomatic signals from the Middle East helped calm markets rattled earlier by U.S. President Donald Trump’s threats of tougher action against Iran ahead of a long holiday weekend.
The Dow Jones Industrial Average fell 0.13%, to 46,504.67 points, the S&P 500 gained 0.11% to 6,582.69 points, and the Nasdaq Composite gained 0.18%, to 21,879.18.
For the week, the S&P 500 gained 3.36%, the Nasdaq rose 4.44%, and the Dow climbed 2.96%. The Russell 2000 small-cap index rose 3.19%.
Asian markets were trading higher in the early Monday trade with Nikkei and Kospi rising 1 percent each, while most Asian markets were closed for holidays.
Japan’s Nikkei and the KOSPI index rallied up 1.10 percent and 1.05 percent, respectively.
STOCKS IN NEWS
Emami
The company has executed a definitive agreement to acquire the remaining 73.5% stake in Axiom Ayurveda. In the first tranche, Emami acquired an additional 36.7% stake (against the existing stake of around 26.5%). The acquisition is expected to be completed in a phased manner over the next three months. The transaction involves a total consideration of up to Rs 200 crore.
Granules India
The company’s subsidiary, Granules Pharmaceuticals, Inc., in Chantilly, US, has completed a routine current Good Manufacturing Practices (cGMP) audit by the US Food and Drug Administration (FDA), with four Form 483 observations. The inspection was conducted from March 30 to April 3, 2026. This was the second US FDA inspection at the Chantilly facility in the last year.
J Kumar Infraprojects
The company has received a contract worth Rs 1,184 crore for the design, engineering, and procurement of the construction of an international exhibition-cum-convention centre for 10,000 people at Vrindavan Yojna, Lucknow, Uttar Pradesh, on EPC mode.
Rail Vikas Nigam
The company has received a Letter of Award (LoA) worth Rs 242.5 crore from South Central Railway for the design, supply, erection, testing, and commissioning of OHE upgradation from the existing 1x25kV system to a 2x25kV AT Feeding System, along with feeder and earthing works in the Ongole–Gudur section of the Vijayawada division.
GR Infraprojects
The company has executed an Engineering, Procurement, and Construction (EPC) agreement worth Rs 1,897.51 crore with West Central Railway. The project involves the construction of a new railway line between Bahari and Gondawali stations in Madhya Pradesh.
Source – Moneycontrol
