Indian equity markets opened the new financial year on a relatively steady note with selective buying interest after the previous session’s weakness. The Nifty showed resilience near 22,750–22,800 levels, while Nifty Midcap 100 and Nifty Smallcap 100 witnessed some recovery. India VIX remained elevated but showed signs of moderation, indicating reduced immediate fear among investors.
Only a limited number of stocks from the Nifty T20 pack appeared as losers in early trade, with declines largely contained under 1.5%. The session reflected a cautious recovery mood with lower overall volatility compared to the sharp selling seen earlier.
Nifty T20 Losers on 1st April 2026 (Sorted by % Change)
| Symbol | LTP | % Chng | Volume | Value (₹ Crores) |
|---|---|---|---|---|
| HDFCLIFE | 582.75 | -1.33 | 25,06,328 | 1,476.83 |
| APOLLOHOSP | 7336.00 | -1.12 | 2,31,428 | 1,714.68 |
| CIPLA | 1211.50 | -1.04 | 7,51,930 | 922.87 |
| NTPC | 368.50 | -0.58 | 46,21,610 | 1,725.80 |
| DRREDDY | 1248.30 | -0.53 | 5,66,997 | 716.51 |
| POWERGRID | 294.80 | -0.44 | 87,33,998 | 2,606.92 |
| COALINDIA | 449.30 | -0.26 | 85,44,900 | 3,869.56 |
| SBILIFE | 1775.40 | -0.11 | 4,07,005 | 730.71 |
Key Highlights:
- HDFCLIFE emerged as the top loser in the Nifty T20 list with a 1.33% decline on healthy volume.
- Healthcare names APOLLOHOSP and CIPLA also saw mild selling pressure.
- PSU stocks like NTPC, POWERGRID, and COALINDIA traded with marginal weakness but maintained relative stability.
- Overall, the magnitude of declines remained contained, suggesting a pause in the aggressive selling witnessed in the prior session.
The broader market displayed improved breadth with selective recovery in mid and small-cap segments, even as a few large-cap names faced minor profit booking.
