Sensex Today | Stock market live update: Nifty above 22,800; IndiGo surges 7% on lower ATF hike, IOC at intra-day lows – Market News

Shares of Avenue Supermarts, which operates the D-Mart retail chain, jumped around 7% in early trading today after the company announced expansion plans.

In an exchange filing, the company said it has added 12 new stores in March across multiple states. These include three stores in Maharashtra, two each in Tamil Nadu and Uttar Pradesh, and one each in Odisha, Haryana, and Chhattisgarh.

With this addition, the total store count of the company has now reached 500.

As per financialexpress.com data,

Share price of Sammaan Capital saw a sharp uptick in early trade today, rising around 4% to Rs 156.70 after the company announced a major ownership change.

The NBFC said it has now become part of the IHC Group following a preferential allotment of equity shares and warrants to Abu Dhabi-based IHC through its affiliate, Avenir Investment RSC.

As part of the deal, IHC will acquire a 41.5% stake in the company, effectively becoming the new promoter. The initial tranche of the transaction is valued at Rs 5,652 crore.

The agreement also includes a future investment component, where an additional Rs 3,198 crore will be infused over the next 18 months, subject to the conversion of warrants into fully paid equity shares.

Also Read: Groww, KFin, ICICI AMC: Why Jefferies is betting on 3 AMCs amid new tax regime

The share price of Bharat Coking Coal (BCCL) moved higher in today’s trading session, gaining up 5% after the company announced a revision in coal prices.

The company said its committee of functional directors approved the proposal on March 31, with the revised prices coming into effect from April 1, 2026. The change applies to both coking coal and washed coal products.

According to the company, the price revision is linked to the Wholesale Price Index (WPI) and reflects a modest increase of 0.24% over the past year.

The revised pricing will be applicable to supplies under NRS linkage auction tranche VI onwards, as well as for coal sold through the single-window, mode-agnostic e-auction route.

As per financialexpress.com data,

Also read: 5 ‘Buy’ recommendation by Nuvama with up to 60% upside potential

Aviation stocks are in focus today after the government sharply increased Aviation Turbine Fuel (ATF) prices by over 115%, driven by rising tension in West Asia.

From today, April 1, ATF prices in Delhi have jumped to around Rs 2.07 lakh per kilolitre, compared to Rs 96,638 earlier, raising concerns about higher operating costs for airlines.

Following this, airline stocks saw strong buying interest in early trade. IndiGo shares rose over 4% to around Rs 4,119, while SpiceJet also gained nearly 4%.

Also read: Dixon Technologies:  Why Jefferies and Nomura are split on India’s largest EMS firm

The futures and options (F&O) segment is set to see some action from today, April 1, with eight stocks making their debut in the derivatives space. These include Adani Power, Cochin Shipyard, Force Motors, Godfrey Phillips India, Hyundai Motor India, Motilal Oswal Financial Services, Nippon Life India AMC, and Vishal Mega Mart.

The inclusion of these stocks expands the available universe for traders, offering more options for hedging and speculative positions in the derivatives market as the new series begins.

At the same time, while no stock is being removed immediately, HUDCO, Piramal Pharma, Tata Technologies, and Torrent Power are scheduled to exit the F&O segment at the end of the current series.

Also read: Tata Capital, HDB lead India’s biggest IPO year: Rs 1.79 lk cr raised in FY26 even as listing gains plunge

Dalal Street kicked off Wednesday’s session with strong momentum, as the Sensex surged 1,669.88 points (2.32%) to 73,617.43, while the Nifty rallied 525.05 points (2.35%) to 22,856.45.

Shrikant Chouhan, Head Equity Research, Kotak Securities pointed out that, “Based on the current market structure, 22,500/72,500 could pose a significant hurdle for the market in the short-term. Below these levels, the market could soon decline to 22,100/22,000/71,300/71,000. A close below 22,000/71,000 would raise further concerns. However, given the current pattern of sudden price declines in a short period of time, medium- to long-term investors may be tempted to invest in certain stocks.

Above 22,700/73,100, we may see some short covering, which could take the index towards 22,900/73,700 levels. The strategy should be to buy certain stocks between 22,100-22,000/71,300-71,000.”

Gold and Silver prices also rose as the dollar index slipped down a bit. The dollar index came back within the 99 range as the news emerged that US will end the war with Iran in the coming two to three weeks. The dollar index had been trading near the record high of 100 over the past few trading sessions.

A soft dollar makes precious metals less expensive for holders of other currencies, thereby aiding demand.

Prices of gold and silver would remain in focus as the US President said that the war with Iran is wrapping up. Spot gold prices in international markets climbed past the $4,700/oz mark while silver was quoted at the $75/oz levels as hopes for the West Asia conflict coming to an end boosted investor sentiment.

Dixon Technologies, a major player in India’s electronics manufacturing sector, has received mixed views from different brokerage firms. While Nomura is positive about the company’s earnings and government incentives, Jefferies is concerned about the global smartphone market and rising input costs. Both highlight potential risks and opportunities, with Jefferies maintaining a ‘Hold’ stance and Nomura reiterating their optimism. Read more

The Aquaculture sector’s stocks fell the most in Monday’s trade, declining 7% in the market capitalisation. Further, Shipbuilding stocks were followed by the Small Finance sector stocks, which were further followed by the NBFC stocks. However, the Sugar sector stocks rose the most, rising 1.02%.

The rate for 24-carat gold today is Rs 1,50,630 per 10 grams. The price of gold has risen by almost 2.43% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,50,370 per 10 grams. The 18-carat gold price today in India is Rs 1,12,972.5. The 24-carat gold rate in Dubai today is Rs 1,49,590. On COMEX, the precious metal was trading at a price of Rs 4,698.80 an ounce, rising 1.10%. 

The GIFT Nifty is up over 1.6%. This indicates that the markets are set to rally in early trade. The key Nifty level to watch is 23,000. All eyes are on whether the Index can scale past these numbers.

The price of commercial LPG cylinders has hiked by Rs 195.50 on Wednesday, according to a report by Press Trust of India. The price surge came at a time when global oil prices climbed due to the ongoing conflict in West Asia. In Delhi, the price of a 19-kg commercial LPG cylinder has now reached Rs 2,078.50, as per state-run oil companies. In Kolkata, the jump is even higher at Rs 218. The new rates have come into effect from April 1.

Also Read: Commercial LPG Cylinder price hiked by Rs 195.50 in Delhi; Check updated city-wise rates

Energy prices remain elevated as the conflict across West Asia continues. As a result, oil and gas stocks are in focus. International brokerage house Nomura maintained its ‘Buy’ rating on Petronet LNG. The brokerage house set a target price of Rs 340, expecting a lift of 37% from the current market price over the next 12 months. The brokerage firm noted that the company’s stock has corrected significantly and is now trading at or below the replacement cost of new LNG terminals.

Also Read: Petronet LNG: Why Nomura is betting 37% upside on this ‘replacement cost’ bargain

Foreign institutional investors (FII) were the net sellers of shares worth Rs 10,572.59 crore. On the other hand, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 14,260.62 crore on March 30, 2025, according to the provisional data available on the NSE.

The Hindustan Copper share price is in focus. With the increasing demand for copper in electric vehicles and renewable energy, Hindustan Copper is raising its capacity expansion efforts. The key metal player will place a work order worth almost Rs 470 crore for a copper concentrate plant of 3 MTPA in Madhya Pradesh.

Also Read: Hindustan Copper share price in focus – To build 3 MTPA copper concentrate plant

US markets surged on hopes that the Iran war is likely to end soon. The Dow Jones Industrial Average was up 1,125.37 points, or 2.49%, and closed at 46,341.51. The S&P 500 gained 2.91% to end at 6,528.52, and the Nasdaq Composite advanced 3.83% to 21,590.63.

The Asian indices on Wednesday morning opened on a higher note as hopes of the Iran war may soon end. Japan’s Nikkei 225 also saw a 3.51% gain, with the broad-based Topix up 3.17%. South Korea’s Kospi led gains in the region, surging almost 5% in early trade, while the small-cap Kosdaq gained 4.13%. Hong Kong’s Hang Seng index futures last traded at 25,191, compared with HSI’s last close of 24,788.14.