Overnight Digest: Watch These Stocks as the New Financial Year Begins – April 1, 2026

India’s benchmark indices, the Nifty 50 and the Sensex, ended sharply lower on the last trading day of the financial year 2025-26, i.e. Monday, March 30, declining by over 2 per cent each. On a financial yearly basis, the Nifty 50 and Sensex declined about 5.05 per cent and 7.12 per cent, respectively, in 2025-26, marking their worst performance since 2020 during the COVID-19-led global sell-off.

The Nifty 50 closed down by 488.20 points, or 2.14 per cent, at 22,331.40. While the Sensex dropped 1,635.67 points, or 2.22 per cent, to settle at 73,947.55.

With markets shut on March 31, 2026, for a local holiday, Monday marked the final trading session of the fiscal year.

As April marks the beginning of a new financial year in India, this period is associated with fresh allocations, renewed investment activity, and improved sentiment. Based on average historical data, monthly returns from April onwards have generally been positive. In fact, the average monthly return during stronger periods has been around 2.68 per cent. While past performance does not guarantee future results, it does offer some positive perspective.

With these things in place, let’s take a look at some shares that will be exciting to watch on Wednesday, the first day of the new financial year.

1. Interglobe Aviation Ltd

The Board of InterGlobe Aviation Limited (IndiGo) has today appointed Mr William Walsh as Chief Executive Officer, subject to regulatory approval. Mr Walsh will finish his tenure at IATA on July 31, 2026 and is expected to join IndiGo by August 03, 2026 at the latest.

Mr Walsh, often called Willie, is currently Director General of IATA (International Air Transport Association). He was previously CEO of British Airways and IAG (International Airlines Group), the holding company that owns Aer Lingus, British Airways, Iberia, Level and Vueling.

InterGlobe Aviation Ltd.’s share price closed at Rs 3,943.50, down by Rs 156.00, a decline of 3.81 per cent.

2. United Breweries Ltd (UBL)

Following the positive early response to Kingfisher Smooth in Rajasthan and Karnataka, United Breweries Ltd (UBL), part of the HEINEKEN Company, has today launched Kingfisher Smooth in Maharashtra. This new variant is a strategic addition to the Kingfisher range, strengthening the brand’s presence in the mainstream strong beer segment ahead of the peak consumption period.

Created for consumers who prefer a smoother and more approachable beer, Kingfisher Smooth offers a balanced taste without compromising on flavour. Brewed with imported hops and no added sugar, it delivers a clean, smooth finish while maintaining the strength favoured by strong beer drinkers.

United Breweries Ltd (UBL) share price closed at Rs 1,540.00, down by Rs 19.00, a decline of 1.22 per cent.

3. Adani Enterprises Ltd

Adani Enterprises Ltd announces that Adani Global FZE, its wholly owned subsidiary based in the UAE, has incorporated a wholly owned subsidiary named “ADANI METALS AND MINERALS FZCO” in the UAE. Confirmation of this was received on 31 March 2026 at 2:28 PM IST. AMAMF will be engaged in trading pearls and precious stones, jewellery, non-manufactured precious metals, scrap and waste metals, metal ores, and basic non-ferrous metals.

Additionally, Adani Airport Holdings Ltd, a wholly owned subsidiary of the Company, has executed a Share Purchase Agreement on March 30, 2026 with SKYIWAVE Private Ltd and existing shareholders of SKYIWAVE for the acquisition of 100 per cent equity shares in SKYIWAVE. On the same day, AAHL has completed the acquisition process and taken over the operational control of SKYIWAVE. Consequently, SKYIWAVE has become a wholly owned subsidiary of AAHL and a step-down subsidiary of the Company effective March 30, 2026.

Adani Enterprises Ltd share price closed at Rs 1,758.80, down by Rs 64.20, which is a decline of 3.52 per cent from the previous close.

Disclaimer: The article is for informational purposes only and not investment advice.