Ashok Leyland Among 4 F&O Stocks with High Increase in Futures Open Interest The stock market witnessed a significant surge in futures open interest for four key F&O stocks on April 1, 2026, as per data from the National Stock Exchange (NSE). The increase in open interest, which measures the total number of outstanding futures contracts, reached over 10% compared to the previous trading session. This trend indicates heightened investor activity, with traders either initiating new positions or expanding existing ones in these stocks. The surge in open interest is often seen as a sign of growing confidence or anticipation of price movements in the underlying assets. Among the stocks that saw a notable rise in futures open interest were Ashok Leyland, Nuvama Wealth Management, HDFC Life Insurance Company, and another unnamed entity. The data revealed that the open interest for these stocks increased by varying percentages, reflecting differing levels of market participation. For instance, one of the stocks recorded a 30.32% jump in open interest, while another saw a 16.97% increase. These figures highlight the varying degrees of investor interest across the selected stocks. The surge in open interest for Ashok Leyland, a major player in the automotive sector, suggests that traders are positioning themselves for potential price movements in the company’s shares. Similarly, Nuvama Wealth Management, a financial services firm, experienced a 13.04% rise in open interest, indicating increased speculation about its future performance. HDFC Life Insurance Company, a leading insurance provider, saw its open interest climb by 11.19%, pointing to heightened activity in its futures contracts.#national_stock_exchange #ashok_leyland #hdfc_life_insurance_company #nuvama_wealth_management #futures_open_interest
Ashok Leyland zooms 13% as US-Iran ceasefire lifts markets; mcap tops ₹1trn Shares of Chennai-based automotive manufacturer Ashok Leyland surged around 13 per cent to hit an intraday high of 172.79 on the National Stock Exchange (NSE) amid an overall upbeat market sentiment. The rally came as investors cheered the announcement of a temporary two-week ceasefire between the US and Iran, which significantly eased global concerns about prolonged conflict and potential supply disruptions. The stock opened at ₹165.10 on Wednesday, up 8 per cent from the previous session's close of ₹152.93, and traded at ₹1772 by 02:15 PM, reflecting a 12.5 per cent gain. The benchmark NSE Nifty50 was up 3.56 per cent at 23,947.65, while the Nifty Auto index rose 7 per cent to 26,034.35. The Reserve Bank of India (RBI) six-member Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, unanimously decided to keep the repo rate unchanged at 5.25 per cent for the second consecutive meeting. The decision to maintain a neutral policy stance supported the market rally, as investors interpreted it as a sign of stability in the economic outlook. The MPC’s decision followed mixed signals from the economy, with consumer price inflation moderating to 4.2 per cent in February but growth slowing to 6.3 per cent in the latest quarter. Ashok Leyland’s total market capitalisation surpassed the ₹1 trillion mark, reaching 1,01,018.55 crore on Tuesday, up ₹11,189 crore from ₹89,828.86 crore. The company’s 52-week high was at ₹215.42, while its 52-week low stood at ₹95.93. The surge in market cap reflected renewed investor confidence in the company’s prospects, driven by both domestic and international factors.#nifty_auto #reserve_bank_of_india #ashok_leyland #nse_nifty50 #sanjay_malhotra
Motilal Oswal Recommends 4 Stocks for 36% Returns Amid Market Volatility The stock market experienced significant volatility on Thursday, with the Sensex and Nifty 50 indices opening lower but recovering strongly by the close. The indices ended in positive territory, offering investors opportunities to capitalize on the market's fluctuations. Motilal Oswal, a leading brokerage firm, has identified four stocks with potential for substantial returns, suggesting investors consider buying these shares ahead of the weekend market closure. The brokerage firm has recommended four stocks, each with a "Buy" rating and projected returns ranging from 18.73% to 36%. These recommendations are based on fundamental analysis, sector-specific trends, and macroeconomic factors influencing the market. The stocks are expected to deliver strong performance in the coming months, particularly in a volatile market environment. Marico Motilal Oswal has set a target price of ₹900 for Marico shares, currently trading at ₹758. The stock is projected to deliver an 18.73% return. The brokerage highlights that Marico's exposure to the FMCG sector, combined with its focus on food and personal care products, positions it well for growth. Factors such as geopolitical tensions, supply chain dynamics, and currency fluctuations are expected to impact the company's performance. However, Marico's diversified business model and strong market presence in emerging economies are seen as key strengths. EPL EPL is recommended for a 28% return, with a target price of ₹270. The brokerage notes that the merger with a major packaging platform will diversify EPL's operations and expand its addressable market. Post-merger, the company's TAM is expected to grow from ₹2.4 billion to ₹29 billion, significantly enhancing its growth prospects.#motilal_oswal #ashok_leyland #marico #epl #kaynes_technology
Stocks to Watch, March 12: Wipro, Bharat Forge, Adani Enterprises, oil-linked stocks, Borosil, Jubilant Food, Relaxo Footwears Shares of Wipro will be closely monitored on Thursday, March 12, following the company’s announcement of a multi-year contract with US-based insurance and financial services firm TruStage. The agreement focuses on modernizing TruStage’s retirement services business through integrated business and technology solutions, aiming to enhance digital experiences and operational efficiencies. The domestic stock market is anticipated to open lower on Thursday, with NIFTY50 futures indicating an opening decline of 212 points. This suggests a cautious outlook for investors amid mixed economic signals. Indo Tech Transformers reported the cancellation of a ₹64.99 crore order for six transformers from its customer Renew Wind Energy (JAMB) Private Limited. The order, initially announced in January 2026, is now void, impacting the company’s revenue projections. Ashok Leyland, part of the Hinduja Group, announced plans to invest up to ₹500 crore in a greenfield battery pack manufacturing facility near Chennai. The project, part of an earlier MOU signed in September 2025, involves a groundbreaking ceremony and is expected to boost the company’s presence in the electric vehicle supply chain. KEC International secured new orders worth ₹1,476 crore for transmission and distribution projects across India, the Middle East, Africa, and the Americas. These include 380 kV transmission lines and substations in Saudi Arabia, as well as 132 kV projects in Africa, alongside infrastructure contracts in India and the Americas. Borosil Ltd disclosed that supply restrictions on LPG have affected production at its Jaipur facilities due to a force majeure caused by the Middle East conflict.#nifty50 #wipro #trustage #renew_wind_energy #ashok_leyland
