On Monday, Indian stock markets experienced a volatile session but ultimately closed with gains exceeding 1%. Analysts emphasize that a sustained recovery hinges on a significant drop in crude oil prices and a decrease in India VIX. A break above the 23,000 mark could lead to further gains towards the 23,400-23,500 range, while support is noted between 22,500-22,000. Key stocks include Nykaa, which is in discussions to acquire a stake in Deepika Padukone's skincare brand 82°E, a label struggling with high prices and competition. NMDC, the largest iron ore producer in India, announced an 11% increase in iron ore prices effective April 5, 2026. Godrej Consumer reported steady demand in the FMCG sector, forecasting double-digit sales growth for Q4 FY26. Additionally, Fino Payments Bank highlighted a 96% increase in loan referrals, indicating strong credit potential within its ecosystem.