Stocks to Watch: HDFC Bank, Wipro, RVNL Among 10 Shares in Focus Today The Indian stock market is anticipated to open lower on Monday amid mixed global cues, as investors assess recent developments in the US-Iran conflict in the Middle East. Gift Nifty trends indicate a gap-down opening for domestic markets, with the index trading near the 22,641 level—down nearly 67 points from the previous close of Nifty futures. Hariprasad K, a SEBI-registered research analyst and founder of Livelong Wealth, noted that markets are expected to start flat around the 22690–22700 range. After a three-day pause, trading resumes with sentiment still influenced by global developments, particularly the evolving tensions in the Middle East. The Indian stock market remained closed on Friday, April 3, 2025, due to the Good Friday holiday. On Thursday, the market rebounded from steep losses, closing higher for the second consecutive session, driven by late buying activity. The Sensex rose 185.23 points, or 0.25%, to end at 73,319.55, while the Nifty 50 advanced 33.70 points, or 0.15%, to settle at 22,713.10. Amid the backdrop of the US-Iran conflict, several stocks are expected to remain in focus on Monday, April 6, 2026. HDFC Bank, a key player in the financial sector, reported its average advances under management for the March 2026 quarter rose to ₹29.64 lakh crore, reflecting a 10% growth from ₹26.96 lakh crore in the same period a year earlier. The IT sector also saw activity as Wipro announced a long-term transformation deal with Olam Group. The eight-year engagement is projected to exceed $1 billion in total contract value, including a committed spend of $800 million.#hdfc_bank #wipro #emirates_nbd_bank #sebi_registered_research_analyst #livelong_wealth
UAE equities decline on Iran's retaliation warning on Gulf energy, water infrastructure Stock markets in the United Arab Emirates fell on Monday as Iran warned it would target energy and water infrastructure across the Gulf if U.S. President Donald Trump proceeded with his threat to attack Iran’s electricity grid. The warning came amid escalating tensions following Trump’s recent comments about “winding down” the war in the region, which had already seen over three weeks of intense U.S. and Israeli airstrikes targeting Iran’s missile capabilities. Tehran has continued to demonstrate its ability to retaliate effectively, with the ongoing conflict driving up energy prices, disrupting air travel, and severely affecting shipping through the Strait of Hormuz. Dubai’s main stock index, the Dubai Financial Market General Index, dropped 2.7% in early trading, pressured by a 4.6% decline in Emaar Properties, a major developer, and a 2.9% fall in Emirates NBD Bank, the country’s top lender. Abu Dhabi’s benchmark index, the Abu Dhabi Fuel and Power Index, also fell 1.6%, with real estate giant Aldar Properties dropping 5% and Abu Dhabi Commercial Bank losing 4.9%. The Abu Dhabi-listed water and electricity firm TAQA, known as Abu Dhabi National Energy Company, declined 3.6%, while Dubai Electricity and Water Authority fell 0.8%. Adnoc Gas, a key player in the region’s energy sector, saw its shares drop 2.7% after the company announced temporary adjustments to liquefied natural gas and export-traded liquids production. The move followed ongoing shipping disruptions in the Strait of Hormuz, though Adnoc Gas stated operations remained safe and confirmed no damage to critical infrastructure. The Dubai index’s year-to-date losses reached 10.7%, while Abu Dhabi’s index fell 5.9% according to LSEG data.#iran #donald_trump #strait_of_hormuz #united_arab_emirates #emirates_nbd_bank
