Market Update: Key Stocks to Monitor Amid Geopolitical Tensions

Q: Which companies reported significant sales or operational milestones?

Maruti Suzuki reported a **17%** increase in sales, while Indian Oil achieved a record crude throughput of **75.4 MMT**.

Original: Stocks to watch: Maruti Suzuki, Indian Oil, Varun Beverages among 10 shares in focus today

Mint•Apr 2, 20263 min

In a Nutshell

Indian stock markets are expected to open lower on April 2, 2026, following cautious investor sentiment due to US-Iran tensions. Key stocks to watch include Maruti Suzuki, which reported a 17% increase in sales, and Indian Oil, achieving a record 75.4 MMT crude throughput.

Key Points

01Indian markets likely to open lower due to geopolitical tensions.
02Maruti Suzuki's sales increased by 17% year-on-year.
03Indian Oil achieved record crude throughput of 75.4 MMT.
04IndiGo adjusting fuel surcharges due to rising aviation fuel prices.
05Lupin to acquire a 43.38% stake in Multicare Pharmaceuticals.

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Full Summary

On April 2, 2026, Indian benchmark indices are set to open lower as investor sentiment remains cautious following remarks from US President Donald Trump regarding potential military action against Iran. The Nifty futures indicate a gap-down opening, trading around 22,393, down nearly 445 points from the previous close. Despite this, the Indian stock market had a positive session prior, with the Sensex gaining 1,186.77 points (1.65%) and the Nifty 50 rising 348.00 points (1.56%). Among the stocks to watch, Maruti Suzuki India reported a 17% year-on-year increase in sales, totaling 225,251 units in March. Indian Oil Corporation achieved a historic high crude throughput of 75.4 million metric tons (MMT) in FY26. IndiGo plans to adjust fuel surcharges due to rising aviation fuel costs, while Lupin is set to acquire a 43.38% stake in Multicare Pharmaceuticals for up to $39.6 million. Other notable mentions include Hero MotoCorp, Glenmark Pharma, and Tata Power, which has resumed operations at its Mundra thermal power plant after a nine-month shutdown.