Overnight Digest: Stocks to Watch on April 07, 2026
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India’s stock market recovered strongly on April 6 amid U.S.-Iran ceasefire hopes, with key focus on WeWork India, Waaree Energies, and Aurobindo Pharma. Track share price movements and major corporate developments.
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India’s stock indices, the Nifty 50 and the Sensex, staged a strong recovery on Monday, April 6, regaining lost ground amid reports that Iran and the U.S. have received a proposal calling for an immediate ceasefire. The Nifty 50 closed up 255.15 points, or 1.12 per cent, at 22,968.25, while the Sensex rose 787.30 points, or 1.07 per cent, to finish at 74,106.85.
The robust rebound in Indian markets was fueled by several factors. Optimism over a possible U.S.-Iran ceasefire lifted global risk sentiment, with hopes that the Strait of Hormuz may reopen. Additionally, the rupee strengthened to 92.85 against the U.S. dollar, further boosting investor confidence.
It will be crucial to monitor the next moves by former U.S. President Donald Trump, as he recently posted a cryptic message on Truth Social: “Tuesday, 8:00 P.M. Eastern Time!”
Trump further warned that he might “blow everything up and take over the oil” if a deal isn’t reached. In another profanity-laced post on Sunday, he described Tuesday as “Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it.” Such statements could significantly impact global oil markets, risk sentiment, and by extension, Indian equities, making it critical for investors to have a well-informed view of the market.
With geopolitical tensions in focus and the Indian market already showing resilience, attention now turns to stocks that are likely to remain in the spotlight:
1. WeWork India Management Ltd
WeWork India Management Ltd today announced the signing of five large-scale, long-term lease agreements across Bengaluru, Hyderabad, and Chennai, covering a total of over 700,000 sq. ft. of Grade A office space. This represents one of the company’s largest expansions to date, strengthening WeWork India’s leadership in South India. The company now operates 37 centres across the region. The five new centres - WeWork Embassy TechVillage 8C, WeWork Vista Earth Centre, and WeWork Infinix Palladium in Bengaluru; WeWork Phoenix H10 in Hyderabad; and WeWork Embassy Splendid in Chennai - will collectively add approximately 12,000 desks to the company’s portfolio.
WeWork India Management Ltd share price closed at Rs 438.00, down Rs 12.80. This represents a decline of 2.84 per cent on the trading session.
Sangam Solar One Private Ltd, a wholly owned subsidiary of Waaree Energies Ltd, has established four solar module manufacturing lines, each with an annual capacity of 750 MW, totalling 3,000 MW per annum, at its factory in Samakhiali-Kutch, Gujarat. The facility commenced operations with effect from 10:00 a.m. on April 06, 2026.
Waaree Energies Ltd share price closed at Rs 3,084.70, up Rs 14.00. This represents a gain of 0.46 per cent for the day.
CuraTeQ Biologics Pvt Ltd, a wholly owned subsidiary of Aurobindo Pharma Ltd and a biopharmaceutical company developing biosimilars, today announced positive top-line results from its Phase 3 study of BP11, an investigational biosimilar to Xolair® (omalizumab).
Additionally, Aurobindo Pharma Ltd, at its board meeting held today (April 06, 2026), inter alia, approved the buyback of up to 54,23,728 fully paid-up equity shares of the company, each with a face value of Rs 1, representing up to 0.93 per cent of the total paid-up equity share capital. The buyback price has been fixed at Rs 1,475 per equity share, payable in cash, for an aggregate amount of up to Rs 800 crore.
Aurobindo Pharma Ltd share price closed at Rs 1,340.40, up Rs 6.70. This represents an increase of 0.50 per cent on the session.
Disclaimer: The article is for informational purposes only and not investment advice