📈 Nifty Nears 23,500! India Outshines Amid Tariff Turmoil

📰Daily Market Wrap-Up by Stock Whisperers-April 16

16-April-2025

📈 Market Overview:

Summary of the Day's Market Performance

Market Overview

  • The Sensex gained 309.40 points (+0.40%) to close at 77,044.29 in a steady session.

  • The Nifty rose 108.65 points (+0.47%) to 23,437.20, holding above 23,400.

  • Midcap rose 0.6%, and Smallcap jumped nearly 1%, showing broader strength.

  • Most sectoral indices ended in the green, except Auto, IT, and Pharma.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Bought ₹3,936.42 crore

  • Domestic Institutional Investors (DII): Sold ₹2,512.77 crore

FII inflows drove the gains, despite DII profit-taking amid mixed cues.

📊📑 Important Observations and Market Sentiments: Editor Special

  • Global markets consolidated as US tariffs on Chinese goods hit 245%, but India gained from hopes that US-China trade tensions will boost its position. March CPI at a 5-year low (exact figure pending) signals further RBI rate cuts, supporting sentiment.

  • Domestically, Q4FY25 earnings season started weakly, with subdued expectations prompting profit booking risks at higher levels. Auto, IT, and Pharma lagged, while PSU and media thrived on domestic focus.

  • The RBI’s accommodative stance (6.00% repo rate) and falling inflation provide a cushion, though global supply chain shifts and weak earnings remain concerns.

DO YOU KNOW?

India’s CPI hit its lowest since April 2019 (exact data awaited), down from 3.61% in February, fueling expectations of a third rate cut in 2025.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: IndusInd Bank, Axis Bank, Trent, ONGC, and Asian Paints

  • Top Losers: Maruti Suzuki, Hindalco, Bajaj Finance, L&T, and Tata Motors

  • ABB India shot up 3% as Motilal Oswal reiterated ‘Buy,’ citing growth potential despite a 38% six-month correction.

  • Bajaj Electricals soared 7% on a Slovak tie-up for lighting control and tunnel projects.

  • Wipro rose despite a 6% QoQ net profit increase to ₹3,570 crore in Q4, as Q1FY26 revenue guidance (-1.5% to -3.5%) missed estimates.

  • Gensol faced a potential multi-agency probe after Sebi flagged fund diversion and stock manipulation.

  • Easy Trip Planners sank 8% after ED raids linked to the Mahadev betting app case.

  • Mahanagar Gas, IGL, and Adani Total Gas tumbled as the Centre trimmed priority gas allocation.

  • JBM Auto and Olectra Greentech rallied on a planned May 2025 tender for 10,000 electric buses under the PM E-DRIVE Scheme.

Your Weekly Stock Markets Rundown: 📊 Q4 Earnings Kick Off Amid Global Jitters! Infosys, HDFC Bank, ICICI in Focus

April 14-18, 2025

The week of April 14-18, 2025, marks a pivotal start to the Q4 FY25 earnings season, with TCS’s cautious results setting the stage. Investors will eye Infosys, Wipro, and major banks like HDFC Bank and ICICI Bank for further cues. Macro data, including interest rate decisions from Canada, the Eurozone, and South Korea, OPEC/IEA oil reports and key economic indicators from India, China, and the US, will shape global sentiment. With trade tensions and inflation risks in focus, the market outlook remains cautious, with opportunities in resilient banking and defensive sectors.

👀Stocks to Focus:

  1. IndusInd Bank: Banking strength may persist.

  2. Wipro: Q4 results and guidance impact IT sentiment.

  3. JBM Auto: EV bus tender could drive gains.

📝Summary:

Indian markets rose 0.5%, with Nifty above 23,400, as US-China trade tensions boosted India’s outlook and low CPI hinted at rate cuts. PSU and media led, while Auto and IT lagged amid weak Q4 starts. FII buying offsets DII selling, but earnings caution looms—watch global shifts and results!

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