On April 21, 2026, Indian equity markets are projected to open higher, buoyed by hopes for a resolution in U.S.-Iran relations. GIFT Nifty futures indicated a rise of 61 points to 24,393. Key earnings reports are anticipated from HCL Technologies, Nestle India, and several others. Notably, Vedanta has set May 1, 2026, as the date for its demerger, aiming to separate its diverse business operations into distinct entities. Meanwhile, Hindustan Petroleum Corporation (HPCL) has delayed the inauguration of its refinery project in Balotra, Rajasthan, due to a recent fire incident. TVS Motor Company has appointed Zamoto Manufacturing Limited as its distributor in Africa and entered a Joint Development Agreement with Hyundai Motor Company to develop electric three-wheelers. Other companies like Ugro Capital and SML Mahindra reported significant profit increases, with Ugro's profit rising 26% year-on-year to ₹51.1 crore and SML's revenue jumping 16.4% to ₹897.65 crore.