2 April, 2026 | 12:00 AM
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Market/Money
Volatility caps gains near key resistance
02-04-2026
Nifty index opened gap up by around 570 points on account of easing global tensions and attempted recovery towards 22950 levels but failed to hold above the same and sunk towards the end. It formed a bearish candle on the daily frame and closed near its lower band but with gains of around 500 points. Now it has to cross and hold above 22750 zones for a bounce towards 22950 then 23050 zones while supports have shifted higher to 22500 then 22400 zones.
India opens FY27 with reform push
02-04-2026
India entered FY2026–27 on April 1 with a sweeping policy reset anchored by the rollout of the Income Tax Act, 2025. The new law introduces a unified “tax year”, replacing the earlier system of assessment and previous years, and aims to simplify compliance, reduce disputes, and improve transparency. The shift is expected to streamline filings and bring greater clarity to taxpayers and businesses alike.
Bks’ credit growth to moderate in FY27
02-04-2026
Amid the West Asia conflict, domestic rating agency Crisil on Wednesday estimated that banks' credit growth would moderate marginally in FY27 and delinquencies would rise.
US tariffs likely to moderate India Inc’s rating profile in H2 FY26
02-04-2026
US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday.
RoDTEP benefits for exporters extended till Sep 30
02-04-2026
The Government of India has extended fiscal benefits under the RoDTEP scheme for exporters by six months, until Sep 30, amid disruptions to global trade caused by the ongoing West Asia crisis.
Real estate attracts $1.4 bn investments in Q1 2026; down 62% from Dec qtr
02-04-2026
Institutional investment in the Indian real estate sector fell 62% during the January-March period to $1.41 billion from the previous quarter amid negative sentiments caused by the West Asia conflict, according to Vestian.
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