🟢 Bulls Strike Back: Nifty Reclaims 22,500 as Markets Rebound Sharply

📰Daily Market Wrap-Up by Stock Whisperers-April 08

Author

thestock whisperers
April 08, 2025

08-April-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex rose 1,089.18 points (+1.49%) to close at 74,227.08 in a strong recovery.

  • The Nifty gained 374.25 points (+1.69%) to 22,535.85, reclaiming the 22,500 mark.

  • Midcap rose 1.8%, and Smallcap added 2%, showing broad-based gains.

  • All sectoral indices ended in the green

    Capital Goods, Consumer Durables, FMCG, Oil and gas, PSU, Real Estate, Telecom, and Media were up 2-4%.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Sold ₹4,994.24 crore

  • Domestic Institutional Investors (DII): Bought ₹3,097.24 crore

DII buying countered FII selling, driving the rebound amid positive global cues.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Markets rallied on global optimism as nations seek bilateral deals with the US, softening tariff fears (26-27% reciprocal rates effective April 9). India’s domestic demand focus and ongoing US trade talks bolstered sentiment.

  • China’s currency devaluation to counter trade tensions pressured the INR, but low tariffs on India (relative to peers) and a strong manufacturing PMI (57.6) supported gains.

  • All eyes are on tomorrow’s RBI MPC decision (April 7-9), with a 25 bps rate cut to 6.00% widely expected—its stance on tariffs will be key.

  • Short-term volatility may persist, but domestic resilience and Q4 earnings recovery offer a foundation for stability.

❓ DO YOU KNOW?

India’s manufacturing PMI at 57.6 (March final) is its highest since July 2024, up 1.3 points from February, driven by robust output and new orders.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: Jio Financial, Shriram Finance, Titan Company, Cipla, and Bharat Electronics

  • Top Losers: Power Grid

  • Jio Financial rose 6% as the top Nifty gainer, launching loans against securities up to ₹1 crore via its app.

  • Cyient gained 3% on launching Cyient Semiconductors for ASIC turnkey solutions.

  • IGL slipped 5% as Delhi’s draft EV policy restricts private car owners to electric vehicles if they own two cars.

  • Mazagon Dock rose after reporting a 14% FY25 turnover rise and declaring a ₹3/share interim dividend (record date April 16).

  • PGEL, Kaynes Tech, and other EMS stocks gained up to 8% on Apple’s plan to source more iPhones from India.

  • Bank of Maharashtra jumped 5% on a 13.4% YoY deposit growth to ₹3.07 lakh crore in Q4.

  • OMC stocks (HPCL, BPCL, IOC) soared as the government hiked LPG prices and excise duty, with crude at $60-$65/barrel boosting margins.

  • Bharat Electronics rose 4% after bagging a ₹2,210 crore defence ministry order.

  • NBCC gained 5% on ₹121 crore work orders and an MoU with Railtel for data centre infrastructure.

  • SEBI cleared IPOs for Aye Finance, BlueStone Jewellery, GK Energy, and Anthem Biosciences.

Your Weekly Stock Markets Rundown: 🌐 Orange Bear 🐻 Rattles the Globe: All Eyes on RBI Amid Tariff Turmoil

April 7–11, 2025

The week of April 7-11, 2025, unfolds under the shadow of US reciprocal tariffs, which triggered a global market sell-off and heightened recession fears. India stands relatively better positioned due to lighter tariff impacts and the services sector exemption, while the RBI MPC meeting (April 7-9) could offer a domestic boost with a potential rate cut. Investors will closely monitor the MPC’s response to global trade tensions, alongside key US and UK economic data releases. With benchmark indices reeling and gold likely to remain a safe haven, the market outlook remains cautious, with opportunities in defensive and service-driven stocks.

👀Stocks to Focus:

  1. Jio Financial: New loan product could sustain gains.

  2. Bharat Electronics: Defence order momentum may persist.

  3. OMCs: Crude price drop and policy changes signal upside.

📝Summary:

Indian markets rebounded 1.7%, with Nifty at 22,500, as global optimism from US bilateral talks and India’s domestic strength offset tariff fears. All sectors gained, led by FMCG and Realty, despite FII selling. With the RBI’s rate cut decision tomorrow (6.00% expected), sentiment is cautiously positive—focus on trade and policy clarity.

😊Thank you for subscribing to our Market Wrap-Up. Stay tuned for tomorrow's update.

Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.