šŸ“‰ Markets Begin FY25 on a Weak Note, Sensex Plunges 1,390 Points Amid Global Trade Jitters šŸ“Š

šŸ“°Daily Market Wrap-Up by Stock Whisperers-April 01

Author

thestock whisperers
April 01, 2025

01-April-2025

šŸ“ˆ Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex dropped 1,390.41 points (-1.80%) to close at 76,024.51, marking a weak FY26 start.

  • The Nifty fell 353.65 points (-1.50%) to 23,165.70, extending its losing streak.

  • Midcap index shed 1%, while Smallcap index ended flat, showing mixed broader market trends.

  • Most of the sectors ended in the redā€”IT, realty, and consumer durables down 2-3%ā€”except media (+2%), oil & gas (+0.6%), and telecom (+2%).

šŸ’ø Market Transactions:

  • Foreign Institutional Investors (FII): Sold ā‚¹5,901.63 crore

  • Domestic Institutional Investors (DII): Bought ā‚¹4,322.58 crore

Heavy FII selling overwhelmed DII buying, driving the sharp decline amid global uncertainty.

šŸ“ŠšŸ“‘ Important Observations and Market Sentiments: Editor Special

  • Markets buckled under global volatility as investors braced for tomorrowā€™s US reciprocal tariff announcement, with IT hit hard due to US exposure.

  • Realty stocks fell after Maharashtra hiked ready reckoner rates, impacting property valuations, while rising oil prices added pressure.

  • The US-India trade agreement talks (concluded March 29) offer hope, but tariff fears dominate ahead of Trumpā€™s April 2 reveal.

  • Despite short-term turbulence, domestic positivesā€”earnings recovery, potential RBI rate cuts, and moderating valuationsā€”signal stability ahead.

ā“ DO YOU KNOW?

Gold prices hit a record $3,114.3/oz last week (COMEX futures), up 3.07%, reflecting safe-haven demand amid trade war fearsā€”its 4th straight weekly gain.

šŸ“°Stock News:

Key Stock Movements and News

  • Top Gainers: IndusInd Bank, Trent, Bajaj Auto, Jio Financial, and HDFC Life

  • Top Losers: HCL Technologies, Bajaj Finserv, HDFC Bank, Shriram Finance, and Bharat Electronics

  • Infosys, TCS, and Persistent Systems fell up to 5% as Nuvama downgraded IT, citing high valuations and tariff risks.

  • Vodafone Idea soared 20% as the government converted ā‚¹36,950 crore dues into equity, raising its stake to 48.99%.

  • HBL Engineering surged 12% on five Kavach contracts worth ā‚¹763 crore, covering 3,900 km and 413 stations.

  • Karur Vysya Bank gained as its FY25 business grew 14% YoY to ā‚¹1.6 lakh crore, with ICICI Securities maintaining ā€˜Buy.ā€™

  • Transrail Lighting rose 5% on a ā‚¹240 crore international transmission line order.

  • BSE gained after approving a 2:1 bonus issue (2 bonus shares per share held).

  • ITC stayed flat, while Aditya Birla Real Estate rose 3% as ITC acquired Century Pulp and Paper.

  • Anand Rathi Share and Stock Brokers refiled IPO papers to raise ā‚¹745 crore, with ā‚¹550 crore for working capital.

Your Weekly Stock Markets Rundown: Markets End FY24-25 on a High, But Caution Looms Ahead of US Tariff Announcements

March 31 - April 4, 2025

The Indian market closed FY24-25 on a positive note, with the Nifty 50 and BSE Sensex posting gains, driven by FII buying and rate cut hopes. However, caution prevails ahead of the US tariff announcements on April 2, which could escalate global trade tensions. The truncated week starting April 1 will likely see consolidation with a positive bias, though early corrections may occur due to tariff uncertainties. Key data points like US job numbers, PMI releases, and Indiaā€™s auto sales will shape sentiment, while investors also look to the upcoming RBI policy meeting and Q4 earnings. Gold remains a safe-haven bet amid global uncertainties, and banking stocks may continue to attract attention.

šŸ‘€Stocks to Focus:

  1. Infosys: Tariff fallout may pressure IT further.

  2. BSE: Bonus issue approval may drive gains.

šŸ“Summary:

Indian markets started FY26 on a sour note, down 1.5%, as tariff fears ahead of Trumpā€™s April 2 announcement triggered a sell-off. IT and realty bore the brunt, while media and telecom held firm. FII outflows dominated, but domestic positives like rate cut hopes offer a lifelineā€”tomorrowā€™s tariff reveal will set the tone.

šŸ˜ŠThank 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.