The Indian stock market benchmark indices, the Sensex and Nifty 50, opened today's trading session down and saw a sharp drop shortly after. Nifty 50 opened on Friday's trade session session 3,086.95 points below its record high of 26,277.35. This follows the overnight Wall Street meltdown following the Trump tariff announcement.
The trends on Gift Nifty also pointed to a gap-down start for the Indian benchmark index. The Gift Nifty was trading at roughly 23,201, nearly 125 points lower than the previous close of the Nifty futures.
Following a sell-off in global markets in response to US President Donald Trump's reciprocal tariff announcement, Nifty 50 continued to struggle in reclaiming its 23,300 mark as it continued to remain under pressure because of poor IT stock performance. BSE Sensex managed to recover its opening losses and was trading nearly 200 points lower later on Thursday.
U.S. Market Trends:
On Thursday, the Nasdaq Composite dropped 1,050.44 points, or 5.97%, to 16,550.61, while the S&P 500 fell 274.45 points, or 4.84%, to 5,396.52 points. At 40,545.93, the Dow Jones Industrial Average dropped 1,679.39 points, or 3.98%.
Asian Markets Falls:
Amid a global stock selloff triggered by President Donald Trump's recent tariff proposals that drove investors into haven assets, Asian shares dropped to their lowest level in two months.
Following US President Trump's tariff announcement, the Indian market is responding accordingly, which is crucial. Moreover, with the earnings season set to begin gradually from mid-April, it will be interesting to observe how various sectors perform in the aftermath.
LIVE Feed
Apr 04, 2025, 3:41 pm IST
Flash Update: AU Small Finance Bank | 4QFY25 Pre-quarter update: Growth remains buoyant
“Strong loan growth: AU SFB reported strong growth in gross advances at INR 1157bn (+6.2% QoQ, +19.9% YoY). Excl. securitised/assigned portfolio, loan growth stood at (+7.7% QoQ, +25.8% YoY). Robust Deposit growth: Further, despite the system wide challenges in deposit accretion, AU reported robust growth in deposits (+10.7% QoQ, +27.2% YoY). However, CASA ratio witnessed a slight decline to 29.2% (vs 30.6% QoQ) as growth in TD (13% QoQ, +33% YoY) outpaced CASA deposits (+5% QoQ, +15% YoY). Consequently, we expect a modest increase in CoDs. This along with declining CD ratio (deposit growth being higher than loan growth) means that margins should remain under pressure. Asset quality trends especially in its unsecured portfolio will be the key monitorable in upcoming 4QFY25 results. We have BUY rating on stock with TP of INR 650, valuing the bank at 2.1x FY27BVPS,” said Ajit Kumar of JM Financial Institutional Securities.
Apr 04, 2025, 3:25 pm IST
Rupee Edges Higher To 85.20; Volatility Expected Ahead of US NFP Data
“Rupee traded positive with gains of 0.16rs at 85.20, supported by weakness in crude prices, which helped the rupee maintain strength. However, the dollar index's positive rally capped further appreciation in the rupee.
With Non-Farm Payroll (NFP) data & Unemployment data scheduled for release in the evening, markets are expected to remain cautious, and the rupee may react sharply depending on the outcome. Additionally, FII's turning sellers again amid tariff escalations is keeping the sentiment uncertain.
Rupee is expected to trade in a volatile range between 85.00-85.45, with global cues and fund flows playing a pivotal role,” said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.
Apr 04, 2025, 2:59 pm IST
Flash Update: Avenue Supermarts | 4QFY25 Pre-Quarter update: Revenue growth in line despite higher store openings
“Q4FY25 revenue up ~17% YoY to ~INR 145 bn (in line with initial estimate): Q4FY25 revenue growth stood at 17% YoY (vs 18/14% YoY in Q3/Q2FY25) to INR145 bn. We note revenue growth was in line with our initial estimate. Store addition higher than expected; 28 stores added QoQ: Dmart added 28 stores on a QoQ basis (higher vs our initial estimate of 18 stores in Q4), taking the store count to 415 in Q4FY25. Company added 17 stores in last 10 days of the quarter; revenue impact of which will be seen in Q1FY26. It has added 50 stores in FY25; achieving its store addition guidance of 45-50 stores annually. Assuming a new store area of ~42,000 sq ft, it added ~1.2 mn sq ft QoQ in Q4, taking the EOP total selling space to ~17.3 mn sq ft. Sales/sq ft up 3% YoY: Based on our selling space assumptions, estimated sales/sq ft was up 3% YoY (in line with growth in Q3FY25) to ~INR 8,666/sq ft and remained 1% above vs. Q4FY20 (INR 8,448/sq ft in Q4FY24). We estimate ~8% YoY EBITDA growth at INR 10.1 bn: We estimate a 60 bps YoY dip in EBITDA margin to 7% in Q4FY25, led by ~10 bps lower GM; we note EBITDA margin contraction YoY is likely due to weak operating leverage. Overall, we expect 8% YoY growth in EBITDA to INR 10.1 bn. Based on our selling area estimates, we expect EBITDA/sq ft of ~INR 607, down 5% YoY and up 1% vs Q4FY20,” said Gaurav Jogani of JM Financial Institutional Securities.
“AUM grew by ~26% YoY/~5% QoQ to INR 4.18trn as of March ’25 vs our estimate of ~27% YoY/ ~6% QoQ. Customer franchise as of March’25 stood at 101.82mn (+22% YoY, +5% QoQ) recording an increase of 4.7mn during the quarter (vs 5.03mn in 3QFY25). New loans booked during the quarter grew 36% YoY to 10.7mn (vs 12.1mn in 3QFY25) Deposits grew ~19% YoY to INR 714bn as of March ’25. Mgmt. guidance for FY26 will be a key monitorable in the upcoming 4QFY25 results. We expect EPS CAGR of ~25% over FY25-27E with avg. RoEs of 21.3% over FY26E/27E. We maintain BUY on the stock with a TP of INR 9,350 (valuing at 22x FY27E P/E),” said Ajit Kumar of JM Financial Institutional Securities Ltd.
Apr 04, 2025, 1:31 pm IST
Stock Market Live Updates: Tata Twin Stocks Drag Market
Tata Steel and Tata Motors are the biggest losers of Sensex. The two Tata Group heavyweight stocks have plunged by 6% to 8%. Their performance is impacted after Trump's reciprocal tariffs came into effect, while 25% tariff is levied on imported auto products.
Apr 04, 2025, 12:10 pm IST
Stock Market Live: Metal Stocks Continue to Decline
Stock Market Live: Top metal and mining sector stocks including Vedanta, Hindalco, Tata Steel, NMDC, Hindalco, SAIL, Jindal Steel, Adani Enterprises, etc were trading in red. Nifty Metal index was down 5.28% on NSE today
Apr 04, 2025, 11:59 am IST
Stock Market Live: Nifty FMCG Emerges as Exception in Weak Market Stocks
Stock Market Live: Nifty Bank, Nifty FMCG shares were trading in green as the broad market indices continued to remain cautious today. Tata Consumer, Nestle, ITC, Marico, Emami were trading higher on NSE.
Apr 04, 2025, 11:40 am IST
Stock Market Live: Union Bank Shares Fall After Q4 Update
Stock Market Live: Union Bank of India shares tanked on Friday after the lender shared Q4 update. Its total advances crossed Rs 9.8 trillion with 5.86% sequential growth.
Apr 04, 2025, 11:19 am IST
Stock Market Live: Broad Market Indices in Red, Midcaps Top Losers
Stock Market Live: Broad market indices were trading in red on Friday as the Indian stock market continued to fall on Friday. Nifty Midcap 100, Nifty Midcap 50, and Nifty Midcap 150 were down nearly 2% on NSE on Friday
Apr 04, 2025, 10:49 am IST
Stock Market Today Live: Aurobindo Pharma Stock Hit Lower Circuit
Stock Market Today Live: Aurobindo Pharma shares nosedived on Friday to sink to the lower circuit mark today. The development has come days after Donald Trump made recent comments related to pharmaceutical sector
Apr 04, 2025, 10:36 am IST
Stock Market Today Live: India Vix Up 2.42%
Stock Market Today Live: India Vix rose nearly 2.42% higher on Friday as the stock market continued to remain volatile after United States President Donald Trump announced tariffs triggered massive sell off across global markets.
Apr 04, 2025, 10:22 am IST
Stock Market Today Live: Zydus, Lupin, Pharma Stocks Among Top Laggards on NSE
Stock Market Today Live: A day after showing a strong rally on the Indian stock markets on Thursday, major pharma sector stocks including Lupin, Zydus, etc appeared to be paring their losses today. Zydus, Lupin, and other stocks were among the top laggards on NSE.
Apr 04, 2025, 9:50 am IST
Stock Market Live Updates: HDFC Bank Shares Surge Up by 1.5%
Despite the general market decline, HDFC Bank's stock surged more than 1.5% in early trading on Friday, April 4, following the private sector lender's positive business report for the quarter that ended in March 2025 (Q4FY25).
As of March 31, 2025, HDFC Bank's period-end advances under management grew 7.7 percent year over year to ₹27.73 lakh crore. Advances increased 3.3% in a row. Retail loans increased by 9% year over year, while commercial and rural banks saw increases of 12.8%.
Apr 04, 2025, 9:34 am IST
Stock Market Live Updates: Shares of Mazagon Dock Down Over 6% in Opening Trading
Shares of Mazagon Dock Shipbuilders Ltd., the state-run defence company, dropped as much as 6% in early trade on Friday, April 4 after the announcement of a stake sale by the government, the company's largest stakeholder, through the Offer For Sale (OFS) mechanism.
On Thursday, the government announced that it will use the OFS to sell up to 4.83% of its shares in Mazagon Dock Shipbuilders. At the end of the December quarter, the government held an 84.8% share in this company.
Apr 04, 2025, 8:49 am IST
Stock Market Live Updates: UltraTech, Adani Wilmar, Banks Stocks in Focus Today
After the US President Donald Trump's tariff announcements, there are several stocks which will in Focus on April 4, Friday includes UltraTech Cement, Adani Wilmar, HDFC Bank, YES Bank, Bandhan Bank, Jio Financial Services, Avenue Supermarts, Nestle India, Fortis Healthcare, Jupiter Wagons, Paras Defence, RBL Bank, GR Infraprojects, Bajaj Auto, Zomato, Bajaj Finance, L&T Finance, Mazagon Dock and Vedanta.
Apr 04, 2025, 8:21 am IST
Stock Market LIVE Updates: Crude Oil Continues Sharp Drop Following Surprise OPEC+ Hike, Trump Tariffs
Crude Oil plummeted further after President Donald Trump's tariffs and an OPEC+ decision to boost supply quicker than initially expected, triggering the largest drop since 2022.
Brent crude sank to approximately per barrel after dropping 6.4% on Thursday. West Texas Intermediate traded below . Hours after Trump's tariffs raised new concerns about the global economy's future, OPEC and its allies tripled a planned output increase for May in what delegates described as a deliberate move to drive down prices to punish members who exceeded their quotas.
Click it and Unblock the Notifications
Sign in with Google