Apr 09, 2025, 3:45 pm IST
Stock Market Live Updates: Nifty and Sensex End Lower, Closing in Red on RBI MPC Meeting Day
On RBI monetary policy day, the Nifty closed at 22,450, down by 136.71 points or 0.61%, while the Sensex end 379.93 points lower, or 0.51%, at 73,847.15
Apr 09, 2025, 3:04 pm IST
Stock Market Live Update: HDFC Bank Review on RBI Policy April 2025
The MPC delivered a 25bps rate cut today bringing down the repo rate to 6%. Moreover, the change
in stance from neutral to accommodative (as we had expected) is a decisive signal from the RBI that
further rate cuts are in the offing. The overall tone of the policy statement was dovish with a clear
emphasis on supporting growth amidst rising global headwinds.
We expect two more rate cuts in 2025 with the policy rate expected at 5.5% (earlier expectation of
5.75-5.5% range), with the next rate cut likely to be delivered in the June policy. That said, the tilt
for the future policy rate trajectory is now shifting from “short and shallow” to a deeper rate cut
cycle if global trade tensions continue to escalate. The sub-4% inflation projections for the next three
quarters provide ample space for the RBI to cut rates, even below 5.5%, if required.
Apr 09, 2025, 2:34 pm IST
Stock Market Live Updates: Pharma Stocks Trade at 20,006 down by 1.82%
As of 2 pm, Nifty Pharma index was trading at 20,006 down by 1.82%. All major constituents of the index were trading in the red. Top pharma losers included Sun Pharma, Torrent Pharma, Aurobindo Pharma, Lupin, Zydus Lifesciences, and Gland Pharma, with declines of up to 5%.
Apr 09, 2025, 1:14 pm IST
Nifty FMCG Stocks Shine as RBI Repo Rate Cut
After the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) reduced the inflation prediction for FY26 from 4.2% to 4%, fast-moving consumer goods (FMCG) stocks gained traction in a weaker market on Wednesday.
At 12.11 pm, the Nifty FMCG index was trading 1.73% higher at 55,241.50 level, up by 941.25 points. In comparison, the Nifty50 index was trading 0.49 percent lower at 22,424.60 level by 111.25 points.
Apr 09, 2025, 11:12 am IST
TCS Q4 Earnings Preview Amid Trump's Tariffs
The imposition of a 26 percent tariff on Indian goods, as highlighted by analysts, has sparked concerns about a potential recession and a slowdown in North American markets. This region is particularly significant for TCS, contributing to almost half of its revenue.
With the introduction of Trump's tariffs, TCS is set to announce its quarterly and annual earnings, marking the first such disclosure by a major IT services company since the new tariffs came into effect. This move has raised apprehensions about the impact on the company's financial performance, given its substantial revenue stream from North America.
The escalating tariff war initiated by Trump has led to widespread fear of an economic downturn. This is especially concerning for companies like TCS, for whom the North American market is a major source of income, accounting for nearly 50 percent of its revenue.
Apr 09, 2025, 10:39 am IST
Stock Market Live Updates
Sensex and Nifty Updates
Apr 09, 2025, 10:38 am IST
Rupee Opens Lower
Rupee slipped by Rs. 1.29 at the opening bell on Wednesday, trading at 86.61 against the US dollar, compared to its previous close of 86.24
Apr 09, 2025, 10:34 am IST
Rate-Sensitive Stocks Surge as RBI Cuts Repo Rate by 25 Bps
Sectors sensitive to interest rates such as the banking, non-banking financial companies (NBFCs), and automotive industries surpassed general market performance. This surge was triggered by the Reserve Bank of India's Monetary Policy Committee's unanimous decision to reduce the key lending rate by 25 basis points. Additionally, the central bank altered its policy outlook to 'accommodative', indicating a more lenient approach towards lending in the foreseeable future.
Apr 09, 2025, 10:31 am IST
RBI Cuts Real GDP Growth Projection to 6.50% from 6.70% for FY26
RBI slashed real GDP growth projection to 6.50% from 6.70% for FY26. The recent trade war is weighing on the global economy and India's economic growth will likely take a hit from this too.
Apr 09, 2025, 10:16 am IST
RBI Cuts Repo Rate By 25 bps To 6.00 Percent
The Reserve Bank of India slashed its benchmark repo rate by 25 bps. The rate setters unanimously took this decision.
Apr 09, 2025, 9:48 am IST
Sterlite Technologies Teams Up with Swoop for Innovative Solutions
Sterlite Technologies has announced a collaboration with Swoop Holdings Limited. This ambitious partnership aims to provide around 1,000 homes with Fibre-to-the-Home (FTTH) connectivity, marking a notable improvement in the region's digital infrastructure. By leveraging Sterlite Technologies' cutting-edge optical networking and connectivity solutions, this initiative seeks to ensure high-speed internet access to households, thereby bolstering the digital framework of Western Australia.
This collaboration underscores both companies' commitment to facilitating superior digital infrastructure across the region. By integrating Sterlite Technologies' advanced solutions, Swoop Infrastructure is set to significantly enhance the quality and speed of internet connectivity for numerous homes. This partnership not only exemplifies the shared vision of both entities towards digital empowerment but also highlights their dedication to improving the connectivity landscape in Western Australia.
Apr 09, 2025, 9:36 am IST
Phoenix Mills Reports Rs 77 Crore in Residential Sales Growth!
In the fiscal year ending in 2025, the retail sector witnessed a significant uptick, with consumption across operational malls reaching a remarkable Rs 13,762 crore. This figure represents a robust 21% increase compared to the previous fiscal year. The surge in retail consumption highlights the growing consumer confidence and spending power, indicating a positive trend in the retail industry.
Furthermore, the residential real estate market also saw notable achievements during the same period. Gross residential sales amounted to Rs 212 crore, coupled with an impressive collection of Rs 219 crore. These figures underscore the recovery and growth within the residential sector, suggesting a strong demand for housing and investment in real estate.
Apr 09, 2025, 9:31 am IST
Sensex And Nifty Today
Equity market opened lower on Wednesday, with the Sensex down 361 points at 73,865 and the Nifty slipping 154 points to 22,381, tracking weak global cues
Apr 09, 2025, 9:27 am IST
Rupee Opens Lower
Rupee slipped by Rs. 1.35 at the opening bell on Wednesday, trading at 86.55 against the US dollar, compared to its previous close of 86.24
Apr 09, 2025, 8:51 am IST
Stock Market Live: Market To Remain Volatile As Uncertainty Around US Tariff Linger, says Motilal Oswal
Stock Market Live: Market expert Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd has predicted that the stock market volatility will continue until there is no clarity around US tariffs announced by Donald Trumps.
There was some bullish trend in Banking and financial sector due to RBI MPC meeting announcement today. "Indian equities ended with strong gains, recovering some of the losses from the previous trading session. Nifty 50 rallied 1.7% to close at 22,536 level, tracking gains in the Asian markets following a recovery in US equities. Broader market reflected positive investor sentiments as Nifty Midcap100 and Smallcap100 indices gained over 2% each. Market is expected to remain volatile until things become clearer on US tariff front, while stock specific action would continue on the back upcoming Q4 earnings and management guidance. We suggest investors to avoid globally exposed sectors like IT, pharma, metals and rather focus on domestic economy-linked stocks as they are likely to offer relative stability in the current uncertain environment," said Khemka
Apr 09, 2025, 8:36 am IST
Stock Market Live: All Eyes on RBI MPC Announcement
Stock Market Live: RBI MPC is all set to announce rate cut on Wednesday, April 9. Stock market investors will be keenly observing RBI MPC announcement today
Apr 09, 2025, 8:23 am IST
Stock Market Live: Gift Nifty Indicates Weak Start of Session
Stock Market Live: Gift Nifty indicated a weak start of Wednesday's trading session as the Asian stock market continued to remain under pressure.
Apr 09, 2025, 8:22 am IST
Stock Market Live: Welcome To Our Coverage of Indian Stock Market
Stock Market live: Welcome to our coverage of the Indian stock market's trading session on Wednesday, April 10. We will bring you all the latest updates related to Sensex and Nifty
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