The project awarded by the Narmada Valley Development Authority includes construction of a dam with a 25 MW powerhouse and an advanced piped irrigation system.
Stock Market today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 4 April 2025
Trump’s tariffs spark global market panic
* Indian pharma stocks crash 6% amid Trump’s unprecedented tariff threat
* Nifty prediction today: Index in bear grip
* Nifty Bank Prediction today: Index testing a support
* Wall Street plunges as Trump’s sweeping tariffs rattle global markets; S&P 500 posts worst drop since 2020.
* Investors fear recession as tariffs threaten US growth; UBS warns of a potential 2% GDP hit.
* Stocks, oil, and even gold tumble amid economic uncertainty; Fed rate cuts may be on the horizon.
* Fibonacci 0.382 Retracement Level at 23,141 – Acts as a strong support zone, indicating buyer interest at dips.
* 200-day EMA Resistance – Nifty trading below this key long-term moving average suggests limited bullish momentum.
* RSI Below 60 – Indicates weak momentum and continued range-bound movement.
* Put-Call Ratio (PCR) at 1.07 – Reflects a mildly bullish undertone with rising optimism among traders.
* Heavy Option Writing at 23,000 (puts) and 23,500 (calls) – Establishes a defined trading range, with 23,000–23,100 as support and 23,300–23,500 as resistance.
* FIIs long-short ratio: Hovering around 30%, indicating cautious sentiment.
* Broader trading range: Between 22,700–23,700.
* Immediate trading range: Between 23,100–23,500.
- 17:50 | April 4, 2025
Stock market live updates today: Markets plunge over 1% as global trade war fears escalate; metal stocks hit hardest
Equity markets plummeted on Friday with the benchmark indices shedding over 1 per cent as fears of a global trade war and recession concerns rattled investor sentiment following sweeping tariff announcements by US President Donald Trump.
Markets plunge over 1% as global trade war fears escalate; metal stocks hit hardest
Equity markets plummeted due to global trade war fears, with Sensex and Nifty dropping over 1%.
- 16:42 | April 4, 2025
Stock market live updates today: Rupee gains 5 paise at 85.25 against US dollar
The rupee pared its initial gains and settled for the day higher by 5 paise at 85.25 (provisional) against the US dollar on risk aversion in global markets amid trade tariff worries.
Rupee gains 5 paise at 85.25 against US dollar
Rupee gains 5 paise against US dollar amid global market risk aversion and trade tariff concerns.
- 16:13 | April 4, 2025
Stock market live updates today: Afcons secures environmental clearance for Raghavpur Dam project in MP
The Madhya Pradesh State Environment Impact Assessment Authority has granted environmental clearance for the Raghavpur Multipurpose Project in Dindori district, Afcons Infrastructure Limited announced on Friday
Afcons secures environmental clearance for Raghavpur Dam project in MP
Afcons Infrastructure receives environmental clearance for Raghavpur Multipurpose Project, advancing construction on Narmada River with sustainable infrastructure.
- 15:53 | April 4, 2025
Stock market live updates today: Tillomed acquires Manx Healthcare’s pharma portfolio for £19.7 million
Tillomed Laboratories Ltd, the European subsidiary of India’s Emcure Pharmaceuticals, has acquired the pharmaceutical portfolio of UK-based Manx Healthcare Ltd and its subsidiaries in a deal valued at approximately £19.7 million.
Tillomed acquires Manx Healthcare’s pharma portfolio for £19.7 million
Tillomed Labs acquires Manx Healthcare's portfolio, expanding market reach and diversifying product line in the pharmaceutical industry.
- 15:39 | April 4, 2025
Stock market live updates today: Sensex sinks 930.67 points or 1.22 per cent to end at 75,364.69 and Nifty 50 slumped 345.65 points or 1.49% to 22,904.45. Sectoral indices except FMCG ended lower.
- 15:27 | April 4, 2025
Share market live updates: Nuvoco Vistas acquires Vadraj Cement for ₹1,800 crore
Nuvoco Vistas Corporation Limited (NVCL) has received approval from the National Company Law Tribunal (NCLT) for its ₹1,800 crore acquisition of Vadraj Cement Limited (VCL), the company announced. The NCLT Mumbai Bench placed its April 1 order on its website on April 3, giving the green light to the resolution plan.
Nuvoco Vistas acquires Vadraj Cement for ₹1,800 crore
Nuvoco Vistas acquires Vadraj Cement, expanding production capacity and solidifying position as India's fifth-largest cement group.
- 15:24 | April 4, 2025
Stock market live updates: H.G. Infra Engineering stocks traded at ₹1,046.55 on the NSE
H.G. Infra Engineering’s Long Term Bank Facilities has been assigned CARE AA; Stable rating by CARE Ratings
Stock traded at ₹1,046.55 on the NSE, lower by 5.12%.
- 15:11 | April 4, 2025
Stock Market live today: How IndusInd Bank’s push for profits and lax controls drove it to a crisis
How IndusInd Bank's push for profits and lax controls drove it to a crisis
Rupee slump reveals IndusInd's accounting discrepancies, leading to CEO and deputy stepping down amid RBI investigation.
- 15:09 | April 4, 2025
Stock Market live today: Swastika Infra files IPO papers with SEBI; aims to raise ₹200 cr via fresh issue
Swastika Infra files IPO papers with SEBI; aims to raise ₹200 cr via fresh issue
Swastika Infra files for IPO to raise funds for power distribution infrastructure projects, with ₹200 crore fresh issue.
- 15:07 | April 4, 2025
Stock Market live today: Market overview
Only 970 stocks advanced on BSE at 3 pm on April 4, 2025, against 2,926 stocks that declined, and 130 remained unchanged. Total stocks traded were 4,026. The number of stocks that recorded a 52-week high was 61, and those that hit a 52-week low was 84. A total of 244 stocks traded in the upper circuit, and 225 in the lower circuit.
- 14:58 | April 4, 2025
Stock Market live today: Mr. Arpit Agrawal, Co-Founder and CIO, Electrum Portfolio Manager. on reciprocal taxes by USA on India and it’s impact on markets
“If we look at India, we seem to be relatively better placed than other major trade partners however this move will lead to further escalation in global tariff war and could lead to significant adjustments in global trade. Impact would be different on different sectors however there is a real risk of all round slowdown in global economies and specifically in US economy which could impact on overall growth across the globe.
We are still evaluating impact individually on various sectors and portfolio companies however we are cautiously watching the developments and would do realignments as necessary”.
- 14:58 | April 4, 2025
Stock Market live today: Quote on Pre-RBI Monetary Policy Expectation from Mr. Suresh Darak, Founder, Bondbazaar
Post the new governor coming in, the RBI’s stance has been reasonably dovish and responsive to the market concerns especially regarding liquidity in the system. Steps taken including the OMOs have resulted in benchmark G-sec rates rallying by ~25-30 bps in this short span of time. Having said that, the upcoming policy would be tricky from the perspective of a volatile global economic scenario with the US imposing a series of tariffs on most of their trading partners including India. The short to medium term impact of the same is expected to be inflationary which may potentially lead to US rates rising. That in turn may put upward pressure on Indian G-sec as well. Hence the RBI may decide to hold rates for now and let the “tariff tantrum” play out.
- 14:57 | April 4, 2025
Stock Market live today: Companies in focus
1. Freshara Agro: EMPLOYEE EXPANSION
Company’s employee count increased by 55%, from 253 in Jun-24 to 392 in Jan-25.
2. Grand Continent: REVENUE GUIDANCE
Company aims to grow at a CAGR of over 80% between 2023 and 2029, targeting a revenue of INR 550–600 Cr by 2029.
3. Desco Infratech: PERFORMANCE UPDATE
Company has reported sales of INR 49.3 Cr from Apr-24 to Feb-25, exceeding its total revenue of INR 29.4 Cr in FY24. Company currently has an order book of INR 244 Cr, which is expected to be executed over the next 12–18 months, providing strong revenue visibility for FY26.
4. Denta water: ORDERBOOK
As of 30th Nov-24, the company’s order book stood at INR 752 Cr, which is 3.1x its FY24 revenue of INR 239 Cr.
5. Blue Jet: CAPACITY EXPANSION
Company has undertaken a capacity expansion at Unit 2 in two phases. In Phase 1, the company added 120 KL of capacity, which is now fully operational and optimally producing cardiovascular intermediates. In Phase 2, an additional 37 KL of capacity was added, and this has also gone live.
- 14:57 | April 4, 2025
Stock Market live today: Sensex plummeted 1022.90 pts or 1.34% to 75,272.46 as at 2.52 pm and Nifty 50 tanked 379.80 pts or 1.63% to 22,870.30
- 14:53 | April 4, 2025
Stock Market live today: Fitch Affirms HCL Technologies at ‘A-’; Outlook Stable
Fitch Ratings - Singapore - 04 Apr 2025: Fitch Ratings has affirmed India-based HCL Technologies Limited’s Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘A-’. The Outlook is Stable. We have also affirmed HCL’s senior unsecured rating at ‘A-’ and the ‘A-’ rating on the USD252 million outstanding 1.375% notes due 2026 issued by HCL America Inc.
HCL guarantees 105% of the outstanding principal on the senior notes. We consider the guarantee full and worthy as it should cover 100% of principal payments plus all interest accrued up to the point at which all principal is paid.
- 14:52 | April 4, 2025
Stock Market live today: Ujjivan Small Finance Bank Q4 results
Ujjivan Small Finance Bank’s total deposits stood at ₹37,617 crore in March 2025, a 19.6% y-o-y increase. The bank’s overall disbursement was at ₹7,455 cr in Q4FY25. Stock traded flat at ₹36.13
- 14:49 | April 4, 2025
Stock Market live today: Powergrid directors approves proposal to raise bonds worth ₹6,000 crore
Powergrid directors approves proposal to raise bonds worth ₹6,000 crore
Powergrid approved raising ₹6,000 crore bonds with ₹1,500 crore size and ₹4,500 crore green shoe option.
- 14:48 | April 4, 2025
Stock Market live today: HDFC Securities assigns ADD calls on TCS, HCL Tech; REDUCE ratings on Wipro, Tech Mahindra
IT Stocks Updates: IT majors Wipro, Tech Mahindra, HCL, TCS, Infosys jolt amid US tariffs and recession fears, Coforge down nearly 7%
TCS, Infosys, Wipro, Tech Mahindra, HCL Tech, Coforge stocks today, Indian IT share price updates: All IT stocks including Coforge, Wipro, Persistent Systems, Infosys, Mphasis, LTIMindtree, HCL Tech, Tech Mahindra and TCS ended in the negative territory. Selling pressure continues amid weak global cues, recession and US President Donald Trump’s tariff announcements. IT index is down 20 per cent YTD, reflecting higher level of uncertainty caused by the Trump reciprocal tariffs. Analysts and market experts estimate a weak exit for FY25 due to global trade tensions and macroeconomic slowdown. Shares of Wipro, Tech Mahindra, HCL Technologies, TCS and Infosys closed among major losers of Nifty 50 components. Coforge, LTI Mindtree, Mphasis and Persistent Systems ended 3-7 per cent lower. Slumping further by 4% for the second trading session after Tariff announcements, Nifty IT index ended at 33,511.40 on Friday.
- 14:42 | April 4, 2025
Stock Market live today: JM Financial Asset Management Ltd raises Capital of ₹100 Crore through a Rights Issue
JM Financial Asset Management Ltd has announced that it has raised a sum of Rs. 100 Crore via a partly paid Rights Issue with the first tranche of Rs. 50 crores being raised already and the remaining Rs. 50 crores to be raised on call as per requirement. This capital will be deployed towards the expansion of JM Financial Asset Management Ltd. Speaking on the occasion, Mr. Amitabh Mohanty, Managing Director & Chief Executive Officer, JM Financial Asset Management Ltd, said, “Over the last three years, we have been focussing on building the JM Financial Mutual Fund brand through increasing our distributor outreach and physical touchpoints via our branch presence across the country. This capital raised will help us accelerate growth, enhance technology and elevate customer service, delivering even greater value to our partners and investors. This infusion reflects the trust the Shareholders of JM Financial Asset Management Ltd. have in us, who fully subscribed to the Rights Issue. With this support, we are now poised to scale even greater heights.” Speaking on the capital infusion, Mr. Vishal Kampani, Vice Chairman and Managing Director, JM Financial Ltd, said, “The capital infusion is in line with our vision to fuel broad-based growth, enabling us to invest in talent, innovation, and technology. It reaffirms our long-term commitment to grow JM Financial Mutual Fund so that it takes its rightful place in the mutual fund industry.”
- 14:34 | April 4, 2025
Stock Market live today: IIFL Finance to raise up to ₹500 cr through public issue of secured, rated, listed, non-convertible debentures
IIFL Finance to Raise up to Rs. 500 Crores through Public Issue of secured, rated, listed, non-convertible debentures, Coupon up to 10.25% per annum
Stock traded at ₹338.55 on the NSE, down 3.40%.
- 14:32 | April 4, 2025
Stock Market live today: Afcons Infrastructure receives project clearance in Madhya Pradesh
Madhya Pradesh State Environment Impact Assessment Authority (SEIAA) has granted environmental clearance for the Raghavpur Multipurpose Project in Dindori district.
Afcons Infrastructure stock traded at ₹454.50 on the NSE, down 3.30%.
- 14:16 | April 4, 2025
Stock Market live today: Markets extend losses amid global sell-off; metal stocks plunge
Markets extend losses amid global sell-off; metal stocks plunge
Benchmark indices fall due to Trump's tariffs, with metal stocks leading the decline and financial services providing some support.
- 14:04 | April 4, 2025
Stock Market live today: Paytm Launches MahaKumbh Soundbox with Digital Screen for Instant Payment Alerts and Live Transaction Count. Shares fall 3.07% on the NSE to ₹810.75
- 13:47 | April 4, 2025
Stock Market live today: Angel One reports strong client growth amid mixed trading activity in March 2025
Angel One reports strong client growth amid mixed trading activity in March 2025
Angel One Limited reports strong growth in client base, orders, and funding book, despite a decline in total orders.
- 13:46 | April 4, 2025
Stock Market live today: Yes Bank shares fell 4.29% on the NSE to ₹17.18 after Q4 business update. Its loan and advances stood at ₹246,539 crore, up 0.7% q-o-q
- 13:46 | April 4, 2025
Stock Market live today: Jammu and Kashmir Bank’s total business surged 10.61% y-o-y to ₹252779.14 cr in March 2025.Total deposits were up 10.24% y-o-y. Stock traded at ₹96.23 on the NSE, down 2.58%
- 13:10 | April 4, 2025
Stock market live today: Jupiter Wagons stock falls 2.32% on NSE to ₹367.70; subsidiary secures land for new railwheel plant in Odisha
Jupiter Wagons stock traded 2.32% lower on the NSE at ₹367.70.
Its subsidiary Jupiter Tatravagonka Railwheel Factory Pvt. Ltd recently secured land in Haldiapada, Khordha, Odisha, for its upcoming Railwheel & Axle forging plant.
- 12:57 | April 4, 2025
Share market live today: TP Solar partners with Guidance Tamil Nadu and DoTE to launch diploma in renewable energy
TP Solar Limited, Tata Power’s Solar manufacturing arm and a wholly owned subsidiary of Tata Power Renewable Energy Limited, has signed a Memorandum of Understanding (MoU) with Guidance Tamil Nadu and the DoTE (Directorate of Technical Education) to introduce the ‘Diploma in Renewable Energy’ course—a pioneering initiative designed to develop a skilled workforce for India’s fast-growing clean energy sector.
- 12:44 | April 4, 2025
Currency market live today: India rupee climbs past 85/USD, central bank inaction surprises
The Reserve Bank of India’s inaction to the rupee’s ongoing rally, which lifted it above 85, surprised market participants and sent traders scrambling to adjust positions after the central bank did not step in to absorb dollars as was expected.
The rupee rose to a peak of 84.9675 in early trade on Friday before trimming gains and was last quoted at 85.2650, up 0.2% on the day.
Recession worries stoked by sweeping U.S. tariffs dragged the dollar, helping the rupee rise above 85 for the first time this year and extending its rally into April after seasonal and portfolio dollar inflows boosted it last month. - PTI
- 12:34 | April 4, 2025
Global market live today: Japanese bank shares hammered as US tariffs spur fears about country’s fragile recovery
Shares of Japanese banks plunged on Friday as U.S. tariffs sparked fears of a slowdown in global growth that could choke off Japan’s fragile economy recovery, snuffing out a decades-long effort to return to normal interest rates.
The Tokyo index of banking stocks ended down more than 8%, bringing its losses this week to 20%. Shares of Mitsubishi UFJ Financial Group, the country’s biggest financial firm, dropped 8.5%.
Japanese banks are some of the world’s largest lenders by assets, and the sudden slump was a grim reminder of the global impact of U.S. President Donald Trump’s protectionist policies and the precariousness of Japan’s own exit from deflation. - Reuters
- 12:23 | April 4, 2025
Stock in focus: Tillomed Laboratories partners with Manx Healthcare for asset purchase; Emcure stock down 3.41% at ₹998.05
Tillomed Laboratories Limited, a subsidiary of Emcure Pharmaceuticals Ltd., has entered into an Asset Purchase Agreement (APA) with UK-based Manx Healthcare Limited and its subsidiaries Manx Pharma Ltd and Manx Generics Limited (collectively Manx).
Emcure stock traded at ₹998.05 on the NSE, down 3.41%.
- 12:22 | April 4, 2025
Share market live today: Union Bank shares down 5.29% to ₹124.35; total business grows 5.86% q-o-q
Union Bank shares fell 5.29% on the NSE to ₹124.35.
Its total business stood at ₹22,92,625 cr in March 2025, 5.86% q-o-q growth and deposits were up 7.66% q-o-q at ₹ 13,09,750 crore.
- 12:18 | April 4, 2025
Global market live today: Japan banking index closes down more than 8%, clocks 20% decline for the week
- 12:11 | April 4, 2025
Sensex today: Stocks advance-decline ratio at noon trade
Stocks advanced on BSE at 12.06 pm on April 4, 2025, were 978 against 2,720 stocks that declined, and 152 remained unchanged. Total stocks traded were 3,850. The number of stocks that recorded a 52-week high was 50, and those that hit a 52-week low was 63. A total of 216 stocks traded in the upper circuit, and 168 in the lower circuit.
- 12:05 | April 4, 2025
Share market live today: Major losers of Nifty metal index
Hindustan Copper (-7.54%), National Aluminium (-7.02%), Vedanta (-6.97%), Hindalco (-6.27%), NMDC (-6.22%)
- 12:05 | April 4, 2025
Stock in focus: SpiceJet to launch daily non-stop flights to Kathmandu; shares down 1.53% at ₹45.09
SpiceJet announced the launch of its daily non-stop flights connecting Delhi and Kathmandu starting May 10, 2025.
Shares traded at ₹45.09 on the BSE, 1.53% lower
- 12:04 | April 4, 2025
Stock in focus: Power Grid board approves ₹6,000 crore bond issuance; shares flat at ₹297.80
Power Grid board has approved raising of bonds - unsecured, non-convertible, redeemable POWERGRID Bonds-LXXXI (81st) Issue 2025-26 - for an amount upto ₹6,000 Crore on Private Placement.
Shares traded flat on the NSE at ₹297.80.
- 12:04 | April 4, 2025
Stock in focus live: Reliance Industries stock drops 4.34% after ₹9.75 cr penalty from customs
Reliance Industries stock fell 4.34% on the NSE to ₹1,194.50 following receipt of order from the Principal Commissioner of Customs, Ahmedabad, imposing a redemption fine and penalty totalling ₹9.75 cr.
- 12:03 | April 4, 2025
Sectoral updates live: Indian pharma stocks crash 6% amid Trump’s unprecedented tariff threat
Pharma stocks Cipla, Dr Reddys, Biocon, Divis, Ipca crash 6% amid Trump’s tariff blow, what analysts say
Pharma stocks plummet as Trump threatens tariffs, impacting US-dependent companies and leading to market volatility.
- 11:25 | April 4, 2025
Share market live update: Rupee opens about 38 paise stronger; Banking system liquidity surplus widens to over ₹2 lakh cr
Rupee opens about 38 paise stronger; Banking system liquidity surplus widens to over ₹2 lakh cr
Indian Rupee strengthens against US Dollar amid weak Dollar, falling Brent crude prices, and liquidity surplus in banking system.
- 11:20 | April 4, 2025
Share market live today: HDFC Bank shares rise 1.74% following strong Q4 deposit growth
HDFC Bank shares rise 1.74% following strong Q4 deposit growth
HDFC Bank shares rise 1.74% to ₹1,826.15 on strong Q4 financial performance, with impressive deposit and loan growth.
- 11:18 | April 4, 2025
Stock market live today: LIC responds to USTR observations: Reaffirms independent, competitive and customer centric operations
LIC rejects USTR claims of unfair advantage in Indian insurance market
LIC refutes USTR claims of preferential treatment, emphasizing market competition and customer trust over government support.
- 10:57 | April 4, 2025
Stock in focus live: Government unveils Mazagon Dock Shipbuilders OFS at 7.7% discount
Mazagon Dock Shares: Slides 7% as Govt unveils OFS at 7.7% discount
The shares of Mazagon Dock Shipbuilders Limited were trading at ₹2,543 down by ₹194.55 or 7.11% on the NSE today at 10.30 am.
- 10:56 | April 4, 2025
Stock market live today: Thermax falls 1.9% after Rs 10 cr Covacsis stake sale
Thermax shares traded 1.89% lower on the NSE at ₹3,482.70. Company had entered into a share purchase agreement with Infinite Uptime, USA for the sale of stake in Covacsis for Rs 10 cr
- 10:55 | April 4, 2025
Stock in focus live: KP Green Engineering completes Phase 1 construction at Matar factory; shares down 1.58%
KP Green Engineering informed that Phase 1 of the construction at the Matar factory has been completed, which includes the commencement of trial and commercial production of the Pre-Engineering Building (PEB).
Shares traded 1.58% lower on the BSE at ₹420.
- 10:51 | April 4, 2025
Markets live now: Sensex drops 798.84 points; Nifty 50 falls over 300 points as metal and pharma indices plunge 5%
Sensex declined sharply by 798.84 pts or 1.05% to 75,496.52 as at 10.38 am, and Nifty 50 traded 303.65 pts or 1.31% lower at 22,946.45. Nifty metal and pharma indices tanked 5%.
- 10:49 | April 4, 2025
Technicals live: Nifty prediction today: Index in bear grip
Nifty prediction today – April 4, 2025: Index in bear grip
Nifty 50 index drops 1.2%, ONGC and Cipla top losers, HDFC Bank top gainer, bearish bias evident.
- 10:37 | April 4, 2025
Share market live today: GMR Airports stock remains flat at ₹82.04 after raising ₹400 crore through non-convertible bonds for expansion
GMR Airports stock traded flat on the NSE at ₹82.04. It had raised ₹400 crore through non-convertible bonds (NCBs) for infrastructure expansion.
- 10:35 | April 4, 2025
Stock in focus: Vodafone shares fall 3.54% on NSE after SEBI exempts government from open offer following stake acquisition
Vodafone shares traded 3.54% lower on the NSE at ₹7.90.
SEBI on Thursday exempted the government from making an open offer to the shareholders of Vodafone Idea Ltd (VIL) following its proposed acquisition of just over 34% stake in the telecom operator on the conversion of spectrum dues into equity.
- 10:34 | April 4, 2025
Stock market live today: Major losers of Nifty auto stocks
Bharat Forge (-7.81%), Motherson (-5.93%), Tata Motors (-5.71%), Bajaj Auto (-3.16%)
- 10:33 | April 4, 2025
Stock in focus: Tata Motors shares plunge 6% as CLSA downgrades, Trump’s tariffs shake investors confidence
Tata Motors shares plunge 6% as CLSA downgrades, Trump’s tariffs shake investors confidence
Auto stocks including Tata Motors, Bharat Forge, Hero Motocorp, Bosch, Maruti, MRF and Motherson dragged the index.
- 10:12 | April 4, 2025
Stock in focus: HDFC Bank shares rose 2.06% on the NSE to ₹1,831.85. Its gross advances rose 4% q-o-q, and deposits up 5.9% q-o-q.
- 10:11 | April 4, 2025
Sensex today: Sensex down close to 700 pts
- 10:11 | April 4, 2025
Share market live today: Veranda RACE partners with NEMI Education for IIT Indore certified BFSI program
Veranda RACE, a Veranda Learning enterprise and a leading institute for competitive exam training and professional upskilling, announced the signing of MoU with NEMI Education to offer an IIT Indore certified Post Graduate Program in Banking, Financial Services, and Insurance (BFSI).
- 10:11 | April 4, 2025
Stock in focus: Customs imposes Rs. 7.47 lakh penalty on Suzlon Global Services; shares decline over 2%
Office of the Commissioner of Customs (Imports), Mumbai has levied a penalty of Rs.7.47 lakh upon Suzlon Global Services Limited (“SGSL”), a wholly owned subsidiary of Suzlon
Suzlon Energy declined 2.70% on the NSE to ₹55.94
- 09:53 | April 4, 2025
Stock market live today: Track live updates on IT stocks
IT Stocks Updates: IT majors Wipro, Tech Mahindra, HCL, TCS, Infosys jolt amid US tariffs and recession fears, Coforge down nearly 7%
TCS, Infosys, Wipro, Tech Mahindra, HCL Tech, Coforge stocks today, Indian IT share price updates: All IT stocks including Coforge, Wipro, Persistent Systems, Infosys, Mphasis, LTIMindtree, HCL Tech, Tech Mahindra and TCS ended in the negative territory. Selling pressure continues amid weak global cues, recession and US President Donald Trump’s tariff announcements. IT index is down 20 per cent YTD, reflecting higher level of uncertainty caused by the Trump reciprocal tariffs. Analysts and market experts estimate a weak exit for FY25 due to global trade tensions and macroeconomic slowdown. Shares of Wipro, Tech Mahindra, HCL Technologies, TCS and Infosys closed among major losers of Nifty 50 components. Coforge, LTI Mindtree, Mphasis and Persistent Systems ended 3-7 per cent lower. Slumping further by 4% for the second trading session after Tariff announcements, Nifty IT index ended at 33,511.40 on Friday.
- 09:32 | April 4, 2025
Stock in focus: Coforge acquires 100% stake in Rythmos Inc.; shares decline 1.85%
Coforge Inc., a wholly-owned subsidiary of Coforge, has acquired 100% of the outstanding shares of Rythmos Inc.
Coforge shares fell 1.85% on the NSE to ₹7,024.70
- 09:32 | April 4, 2025
Stock in focus: Indian Energy Exchange reports 19% increase in electricity traded volume for FY’25; shares down 1.27%
Indian Energy Exchange recorded electricity traded volume of 121 BUs in FY’25, registering an increase of 19% on YoY basis.
Shares declined 1.27% on the NSE to ₹179.73
- 09:31 | April 4, 2025
Stock in focus: Himadri Speciality Chemical’s board approves ₹4.23 crore acquisition of 60% stake in Trancemarine and Confreight Logistics; shares down 2.31%
Himadri Speciality Chemical acquires 60% stake in mining logistics firm
The shares of Himadri Speciality Chemical Ltd were trading at ₹438.25 down by ₹18.05 or 3.96% on the NSE today at 11.51 am. Company announced yesterday the acquisition of a 60 per cent stake in Trancemarine and Confreight Logistics Private Limited for ₹4.23 crore in cash.
- 09:31 | April 4, 2025
Stock in focus: Netweb Technologies awarded ₹5.94 crore under PLI Scheme 2.0 for IT hardware; shares drop 3.51%
Netweb Technologies has received an incentive of ₹ 5,93,97,758 under the Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware for the period from July 1, 2023, to March 31, 2024.
Shares traded 3.51% lower on the NSE at ₹1,475.95
- 09:30 | April 4, 2025
Commodities market updates: Crude oil futures extend declines as OPEC+ increases production output; Brent at $69.51, WTI at $66.34
Crude oil futures decline amid OPEC+ production increase and US tariff concerns
Crude oil futures decline as OPEC+ increases production; market dynamics impacted by US tariffs, impacting global energy demand.
- 09:30 | April 4, 2025
Stock market live updates: DEE Development Engineers bagged purchase order for ₹55 crore; shares gain nearly 2%
DEE Development Engineers bagged purchase order for ₹55 crore
Shares were up 1.86% on the NSE to ₹259.90
- 09:29 | April 4, 2025
Share market live today: Nuvama Wealth and Investment receives SEBI Administrative Warnings regarding client onboarding and share verification processes
Nuvama Wealth and Investment, a material subsidiary of Nuvama Wealth Management, has received Administrative Warnings on April 2, 2025 from SEBI.
The observations are related to thematic inspection of the retail broking business w.r.t. operational process of onboarding and verification of client shares pledged and invoked under CUSPA. NWIL has been advised to be careful in future and avoid the recurrence of the observations in future.
Nuvama shares fell 3.17% on the NSE to ₹5,832.85
- 09:28 | April 4, 2025
Stock in focus: Angel One’s client base climbs 39.5% y-o-y to 310.2 crore in March 2025
Angel One’s client base surged 39.5% y-o-y to 310.2 crore in March 2025. Its average client funding book stood at ₹38.49 billion, 113.6% jump y-o-y.
Shares traded at ₹2,375.25 on the NSE, down 3.63%.
- 09:28 | April 4, 2025
Stock in focus: Mazagon Dock Shipbuilders falls 5.91% to ₹2,575.65 as Centre plans 4.83% divestment through offer for sale
Mazagon Dock Shipbuilders fell 5.91% on the NSE to ₹2,575.65 as the Centre plans to divest up to 4.83% through an offer for sale.
- 09:27 | April 4, 2025
Stock Recommendations: Bernstein on IT
Infosys remains top pick in large caps for its ability to benefit from a rebound in discretionary IT spending margin resilience
In SMIDs, Coforge & Persistent (post 10% correction) stand out with strong order books & growth momentum
Remain U-P on LTTS, Tata Elxsi
- 09:27 | April 4, 2025
Stock Recommendations: GS on Zomato
Buy, TP Rs 310
CMP implying one of following two things
1) co’s FD business is worth close to zero
2) increase competition in q-com over last 1-2 qtr means Blinkit’s EBITDA margins have structurally reduced by more than half
See both as unlikely
- 09:27 | April 4, 2025
Stock Recommendations: Jefferies On Chemicals
27% US Tariff Hits All Exports
Navin Fluorine Most Exposed; PI Ind 15%, UPL 10–12%, SRF 8%
Assuming 50% Tariff Absorption: FY26 EBITDA Hit: Navin Fluorine -9%, PI Ind -6%, UPL -5%, SRF -3%
Companies May Pass On Tariff; US Retail Prices May Rise
- 09:27 | April 4, 2025
Stock Recommendations: HSBC on Varun Beverages
Buy Call; Target Price Rs670/sh
Strong Summer Start Expected
Q1 India Volume Growth Estimated At 14%
M&A-driven 30% Revenue & 31% EBITDA Growth Forecast
Execution Edge In Traditional Trade
- 09:27 | April 4, 2025
Stock Recommendations: HSBC On Pharma
Pharma Exempt From US Tariffs, Providing Reprieve For Indian Pharma Cos
Indian Pharma Cos 10-50% Sales From The US
Tariff Discussion On Pharma May Resurface
Don’t Expect Unmanageable Tariffs For Indian Pharma Sector Ahead
For Key Indian Cos, Having Mfg Plants In Us Provides Further Cushion Against Any Dvpts
- 09:27 | April 4, 2025
Stock Recommendations: MS On Marico
Equal-weight Call, Target Rs625/sh
Q4 Rev Growth In High-Teens (15% In Q3) Led By Pricing, Ahead Of Est +12%
Gross Margin Is Expected To Contract In-Line With Q3 Owing To Copra & Vegetable Oil Inflation
Gross Margin Contraction Largely In-Line With Est
Management Has Guided For Maintaining Double-digit Revenue Growth In FY26
- 09:26 | April 4, 2025
Stock Recommendations: CITI on Avenue Supermart
Sell, TP Rs 3350
4Q update highlighted 16.7% YoY rev growth
Avg rev/store grew 3.1% YoY (1-7% YoY growth in previous 4qtrs), while avg rev/sq ft (throughput) grew 2.8% YoY (assuming avg store size of new stores in line with TTM)
- 09:26 | April 4, 2025
Stock Recommendations: MS On Avenue Supermart
Underweight Call, Target Rs3,260/sh
Standalone Q4 Revenue Of Rs14,460 Cr Was Up 16.7% YoY, In-line With Est
Five-Year CAGR At 18.5% Was Higher Than Fiscal Q3’s 18.2%
Five-Year CAGR Lower Than The Average Of 20% For Q1FY24-Q4FY24
Net Store Additions At 28 , Highest Quarterly Increase In Stores
Est Implied SSSg For The Quarter To Be Between 8% & 9%.
- 09:26 | April 4, 2025
Stock Recommendations: MS On Bk Of India
Underweight Call, Target Rs100/sh
Growth Remains Strong And Better Than System
Domestic Loan Growth Moderated To 14.3% YoY Vs 15% In The Prior Quarter
Domestic Deposits Growth Was 11.2% Vs 13.3% In The Prior Quarter
Will Closely Track Margin Progression & Guidance In The Upcoming Quarterly Results
- 09:26 | April 4, 2025
Stock Recommendations: MS On RBL BK
Underweight Call, Target Rs150/sh
Lost Market Share In Deposits, & Grew Loans In-Line With System
A Shift Toward Retail Is A Positive
MFI Colln Efficiency In March Improved To 99%; Will Need To See If This Can Be Sustained
- 09:25 | April 4, 2025
Stock Recommendations: MS On IDFC First BK
Equal-weight Call, Target Rs58/sh
Gross Funded Assets Growth Remained Strong At 20.3% YoY vs 20.4% in Q3FY25
Deposits Growth (As Per Our Estimates) Was At 6.4% QoQ Vs 5.9% QoQ In Prior Quarter
Total Customer Deposits Grew By 6.7% QoQ Vs 4.3% QoQ In Prior Quarter
- 09:25 | April 4, 2025
Stock Recommendations: MS On Bank Of Baroda
Underweight Call, Target Rs215/sh
Loan & Deposit Growth Was In-line With Management Guidance
Will Closely Track Margin Progression At Upcoming Quarterly Results
- 09:25 | April 4, 2025
Stock Recommendations: Jefferies On Bajaj Finance
Buy Call; Target Price Rs9,250/sh
Q4FY25 AUM Up 26% YoY; Customer/Loan Growth Strong
Healthy Topline, Asset Quality& Succession To Drive Value
- 09:25 | April 4, 2025
Stock Recommendations: Jefferies on Bandhan Bank
Buy Call; Target Price Rs185/sh
Q4 Loan Growth At 11% YoY Vs 15% In Q3
Deposits Up 12% YoY; LDR Down 200 bps To 91%
MFI Collection Stable At 97.7%, Below Normalised Levels
Sector Stress Key To Re-rating Despite Relative Strength
- 09:25 | April 4, 2025
Stock Recommendations: Jefferies on HDFC Bank
Buy Call; Target Price Rs2,120/sh
Q4 Loan Growth At 5.4% Vs 3% In Q3
Retail Up 9% YoY, CRB Up 3%, Corp Down 4%
AUM Up 8%; Deposits Up 14% YoY
Less Need For Correction In FY26/27
- 09:25 | April 4, 2025
Stock Recommendations: UBS On SBI
Upgraded To Neutral Call; Target Price Raised To Rs840/sh
Risk-reward Balanced; NIM Sustainability Key
Core PPOP/Assets At Approximately 1.5% (9MFY25)
EPS Raised 3% To 5% For FY26/27
Risks Are Competition & Low CET I
Liquidity Surplus (Rs800bn), Tax Rebates & Pay Hike To Support Growth
- 09:24 | April 4, 2025
Stock Recommendations: UBS On BoB
Upgraded To Buy Call; Target Price Raised To Rs290/sh
Stable Outlook; Valuations Attractive
Lesser NIM Pressure Vs Private Peers
Credit Cost Seen Under Control
Loan Growth Estimates At 12% FY25-27; Modest NIM Compression
RoA/RoE Estimated At 0.9%/13% In FY26-27
- 09:24 | April 4, 2025
Stock Recommendations: UBS On IndusInd Bank
Downgraded To Sell Call; Target Price Cut To Rs600/sh From Rs770/sh
Overhangs May Drive Further De-rating
Key Concerns Are Deposits, CEO, Auditor Report
Loan Growth Cut By 200 bps To 10%; NIMs Down 20–25bps
FY26 Credit Costs Seen At Approximately 1.7%
EPS Cut By 14–15% For FY26/27
- 09:24 | April 4, 2025
Stock Recommendations: CLSA On Federal Bank
Initiated Buy Call; Target Price Rs230/sh
Strong History, But Stayed ‘Local’ With Avg Profitability
Strength: NR Deposit Base, Conservative Lending
New CEO Aims To Scale Returns To Top-6 Bank Peers
RoE Seen At 14% In FY27/28 Vs 11% Avg Past Decade
Valuation Cheap: 1.1x P/B, 9x P/E (FY27)
- 09:24 | April 4, 2025
Stock Recommendations: MS On AB Fashion
Underweight Call, Target Rs271/sh
Mgmt underlined its core message that future growth will be organic
Top Priority Will Be To Deliver Profitability Even If Inorganic Opportunities Turns Favourable
This Change, If Executed, Could Trigger A Significant Re-Rating For Stock
- 09:24 | April 4, 2025
Stock Recommendations: Citi On AB Fashion
Sell Call, Target Rs260/sh
No Further M&A & Fundraising For Next 5-7 Yrs
Preference To Improve Profitability Over Growth
To Grow Revenue At 11%+ CAGR Over FY24-30, Expand Pre-Ind AS EBITDA Margin To 11%+ By FY30
To Turn Debt-Free In The Next 2-3 Yrs
Demerged ABFRL Revenue To Grow At 19%+ CAGR Over FY24-30
Demerged ABFRL To expand Pre-IND AS EBITDA Margin To 7%+ By FY30
Demerged ABFRL To Generate Positive FCF From FY29
No Sign Of Demand Trends Improving
High Operating & Fin Leverage, Impact On Co’s Growth & Profitability Will Be Highest
- 09:23 | April 4, 2025
Stock Recommendations: CLSA On Tata Motors
Downgraded To Outperform From High Conviction Outperform; Target Price Cut To Rs765/sh From Rs930/sh
25% US Tariffs & Jaguar Model Cuts May Drop JLR Volumes By 14% YoY In FY26
EBIT Margin Seen Falling To 7% In FY26/27 Vs 9% In FY25
JLR FY26 EBITDA Cut By 15%, But FCF Stays Positive
JLR EV/EBITDA Multiple Cut To 2.0x From 2.5x; Market Pricing In At 1.1x
CV Cycle Bottoming In FY26; Rolling CV Valuation To FY28 May Add Rs127/sh
Adds Cushion Vs US Demand Risks From Tariffs
- 09:21 | April 4, 2025
Stock market live today: Global bits
USA – Markets slump, dollar weakens, tariffs fuel recession fears, job cuts surge, service sector growth nearly stops, trade deficit narrows.
Japan – Nikkei slumps, BOJ warns of economic hit, household spending dips, services sector loses steam, JGB yields fall, exports suffer.
China – Stocks and yuan tumble as tariffs create an ‘all-round blockade’.
India – Rupee holds ground despite tariff shocks, RBI maintains FPI investment caps.
Pakistan – Power price cuts signal economic stabilization.
Russia – Oil & gas revenue down 17% YoY, service sector nears stagnation.
South Korea – Calls for talks with the US over tariffs.
Vietnam – Maintains 8% growth goal despite US tariff pressure.
Southeast Asia – Among hardest hit by tariffs, seeking talks with the US.
Australia – Household spending up 0.2% in February, growth remains modest.
Canada – Services PMI falls to a 5-year low, surprise trade deficit, economic slowdown concerns.
UK – Services sector grows but fears over tariffs and payroll tax hikes rise.
Eurozone – Modest growth, with Germany, Italy, and France showing weak service sector performance.
Germany – Industry braces for severe tariff impact, services sector grows modestly.
France – Services sector contracts again in March.
Italy – Service sector growth weakens.
South Africa – Business activity contracts for the fourth straight month.
Turkey – Inflation slows to 38.1% in March, below forecasts.
Global Markets – Gold buying increases, Deutsche Bank warns of a dollar confidence crisis, investors brace for slow growth and retaliation.
Source: Reuters
- 09:21 | April 4, 2025
Stock market live today: Macro and market update
The President of the United States has announced more hawkish-than-expected reciprocal tariffs on the trade partners of the US. Per our provisional calculations of the announced 27% reciprocal tariffs on India, could lead to 40bps drag on FY26E YoY nominal GDP growth at the worst. The covid-19 shock is testament to the fact that supply chains do not reorient quickly even when there is a relative comparative cost advantage. As such, our biggest worry at this point would be lower global growth led by US & China. If tariffs continue longer, we see a certain end to ‘US exceptionalism’ and an expansionary Fed, as growth risks may overshadow inflationary concerns. If RMB devaluation discussions emerge strongly, it may be a key global event to watch out for.
US services activity moderates; trade deficit narrows
The ISM Services PMI fell sharply to 50.8 in March 2025 from 53.5 in February, well below forecasts of 53. The reading pointed to the softest expansion in the services sector since June last year. In a separate release, US trade deficit narrowed to $122.7 billion in February 2025 from a record high of $130.7 billion in January
Layoffs announced by U.S. employers surged in March
Global outplacement firm Challenger, Gray & Christmas said on Thursday that planned job cuts increased 60% to 275,240 last month, the highest level since May 2020. Challenger said it had over the past two months tracked 280,253 planned layoffs of federal workers and contractors impacting 27 agencies. Another 4,429 job cuts were from the downstream effect of cutting federal aid.
India says studying impact of 27% US tariff
India said on Thursday it was studying the impact of the 27% tariff slapped by the U.S. on its imports and vowed to push for a trade deal this year, signalling a conciliatory tone despite failing to get relief from President Donald Trump’s trade policy. New Delhi is also considering helping export sectors hurt by the new tariffs, an Indian trade ministry source to Reuters said.
RBI maintains FPI investment caps in govt securities, corp bonds for FY26
The Reserve Bank of India (RBI) maintained the existing caps of 6 per cent for government securities, 2 per cent for state government securities and 15 per cent for corporate bonds for the current year starting April 1. The general limit for foreign investment in govt bonds would continue to be Rs 2.79 trillion ($32.71 billion) for April-September and Rs 2.89 trillion for October-March.
Fitch Cuts China Rating on Weakening Finances, Debt Concerns
The cut takes China’s long-term foreign currency default rating to ‘A’ from ‘A+’ with a stable outlook, Fitch said in a statement on Thursday. China’s Finance Ministry responded with a strong rebuke, describing the decision as biased and not reflective of reality.
Asian markets
Asian markets opened on a negative note as the US markets saw biggest drawdown since Covid crash. The concerns on China is likely to exert downside on the region’s asset classes. However, downside on the USD, Brent, and US yields may cap the downside.
Brent 69.81 , USD 101.87 , US10y 4.015% ,
- 09:20 | April 4, 2025
OPENING BELL: US markets plunge on Trump tariffs as Indian indices show resilience
US markets plunge on Trump tariffs as Indian indices show resilience
Indian markets resilient after US sell-off due to Trump tariffs; analysts recommend focusing on domestic sectors for investment.
- 08:48 | April 4, 2025
Stock market live today: IEX achieves record traded electricity volume of 121 BU in FY25
IEX: CO ACHIEVES HIGHEST EVER TRADED ELECTRICITY VOLUME OF 121 BU IN FY’25, INCREASE OF 19% YOY (NUMBERS SEEN BETTER YOY)
- 08:47 | April 4, 2025
Share market live today: Fund Houses Stock Recommendations
UBS on SBIN: Upgrade to Neutral on Bank, raise target price at Rs 840/Sh (Positive)
UBS on Bank Baroda: Upgrade to Buy on Bank, raise target price at Rs 290/Sh (Positive)
CLSA on Federal Bank: Initiate Outperform on Bank, target price at Rs 230/Sh (Positive)
Jefferies on Bajaj Finance: Maintain Buy on Company, target price at Rs 9250/Sh (Positive)
HSBC on VBL: Maintain Buy on Company, target price at Rs 670/Sh (Positive)
HSBC on Pharma stocks: Pharma exempt from US tariffs, providing reprieve for Indian pharma cos. Indian pharma cos 10-50% sales from the US. Tariff discussion on pharma may resurface (Positive)
Bernstein on IT Stocks: Infosys remains top pick in large caps for its ability to benefit from a rebound in discretionary IT spending margin resilience. Coforge & Persistent (post 10% correction) stand out with strong order books & growth momentum (Neutral)
Jefferies on Chemical sector: Reciprocal tariff of 27% applies to all exports to US for NFIL, PI, SRF & UPLL. NFIL with 23% of rev from US is most exposed, followed by PI (15%), UPL (est 10-12%) & SRF (8%) (Neutral)
Jefferies on Bandhan Bank: Maintain Buy on Bank, target price at Rs 185/Sh (Neutral)
Citi on DMart: Maintain Sell on Company, target price at 3350/Sh (Neutral)
MS on RBL Bank: Maintain Underweight on Bank, target price at Rs 150/Sh (Neutral)
MS on IDFC Bank: Maintain Underweight on Bank, target price at Rs 58/Sh (Neutral)
MS on AB Fashion: Maintain Underweight on Company, target price at Rs 271/Sh (Neutral)
Citi on AB Fashion: Maintain Sell on Company, target price at Rs 260/Sh. (Neutral)
CLSA on Tata Motors: Downgrade to Outperform on Company, cut target price at 765/Sh. (Negative)
UBS on Indusind Bank: Maintain Sell on Bank, cut target price at Rs 600/Sh (Negative)
- 08:47 | April 4, 2025
Stock market live today: Recommendations by Aditya Gaggar, Director of Progressive Shares
Index experienced a strong recovery from the lower levels, eventually closing at 23,250. It is now trading within a narrow range of 23,140-23,350, and a breakout in either direction is essential to determine the market’s next move. Early indications from GIFT Nifty point towards a potential retest of its previous session’s low; while BankNifty is facing resistance at 51,600; while on the flip side, the level of 50,900 will provide the support. In sectoral movement, IT sector has decisively broken through its long-term trendline and previous support zone, signaling a shift to negative trend. On the other hand, the PSU Banking sector has shown positive momentum, with several stocks breaking through their respective range, making them worth monitoring. Despite the overall bearish sentiment, certain stocks, such as Angelone, Astral, GMDC, Tejas Network, and Torrent Power, have shown strong breakouts, but we will observe how they are performing in the opening trade.
- 08:21 | April 4, 2025
Stock market live today: 360 One WAM sees senior-level exits from global unit in Singapore, Dubai
360 One WAM sees senior-level exits from global unit in Singapore, Dubai
Exclusive insights on Indian wealth manager 360 One WAM Ltd. senior resignations and global business strategy. Follow Bloomberg India on WhatsApp.
- 08:07 | April 4, 2025
Stock market live today: RBK IN (4QFY25 pre-result release): Business growth lower than consensus expectations; CASA ratio improves
# Actual vs expectations: Loans were 0.6%/2.0% below IIFL/Consensus and deposits were 0.7 ahead of IIFL but 3.4% below consensus est.
# Gross advances growth slowed down in Q4 at just 2.5% qoq / ~10.9% yoy likely due to growth slowdown in MFI. Retail loans grew faster at 15% yoy while wholesale grew at 5% yoy leading to retail:wholesale loan mix of 61:39
# Deposits growth too was below expectations at 3.9% qoq / 7.2% yoy. CASA deposits was stronger in 4Q growing 8.2% qoq leading to CASA ratio improving ~134bps qoq to 34.1%, however could be led by higher year end balances and might reverse in Q1.
# Retail deposits less than 3cr grew 2.8% qoq and now forms 49.8% of total deposits (vs 50.3% in 3QFY25 and 48.3% in 2QFY25)
# Loan-to-deposit ratio declined by 116 bps qoq to 85.6% and while LCR also declined 10ppt qoq to 133%
# On JLG collection efficiency bank reported 99% in Mar-25 vs 98.4% in Dec-24. Ex of state of Karnataka CE for the bank was 99.3% in Mar-25
- 08:06 | April 4, 2025
Stock market live today: Stocks in News
Jupiter Wagons: Arm secures land in Haldiapada, Khordha, Odisha, for its upcoming railwheel & axle forging plant (Positive)
Samhi Hotels: CARE Ratings Limited has upgraded ratings on the facilities of the Company. (Positive)
Ami Organics: Completes Full Commissioning of 10.8 MW DC Solar Power Plant, Driving Sustainability and Cost Savings. (Positive)
Sai Life: Company sets up Peptide Research Center in India. (Positive)
Lloyds Engineering: Board of Directors of the Company is scheduled on 08th April, inter alia, to consider and approve Rights Issue. (Positive)
Dee Development: Company has bagged a Purchase Order of Rs 55 crore from a New Customer. (Positive)
UCO Bank: Provisional Business Figures for Q4 indicates healthy sequential and YoY growth. (Positive)
VIP Clothing: Company reported a standalone revenue from operations of ₹64.36 Cr for Q4FY25. This is higher than ₹32.38 Cr in the same quarter of FY24 (Positive)
United Breweries: Company announced the launch of Amstel Grande, a premium strong beer, in Uttar Pradesh, effective April 5, 2025. (Positive)
G R Infraprojects: Company announced an arbitration award in favor of company for Rs. 106,44,92,900 plus 12% annual interest from the award date until realization. (Positive)
Balaji Amines: Company commissions 6 MW AC Solar Power Plant (Positive)
S H Kelkar: Company announced receiving an interim relief of ₹95 crore from The New India Assurance Co. Ltd related to the fire incident (Positive)
Surya Roshni: Company Receives Rs 1.16 billion Order from Gail (Positive)
Royal Sense: Company announced the launch of new products on April 3, 2025. (Positive)
Bharat Dynamics: Company closed FY25 at Rs. 3300 cr revenue vs Rs. 2369 cr in FY24 and Highest ever exports of over Rs. 1200 cr vs Rs. 161 cr in FY24. (Positive)
Nestle India: Company announced the ground breaking of its10th factory in Khordha, Odisha, its first in Eastern India. (Positive)
Astral Ltd: Company announced receiving a certificate from the Bureau of Indian Standards for its OPVC pipes used for water supply, conforming to IS 16647:2017. (Positive)
Gallant Ispatt: Board Meeting Intimation for Consideration and Approval of Expansion in the Capacities of Various Manufacturing Units of the Company (Positive)
Paras Defence: Company and Space Technologies has signed an MoU with Israel’s MicroCon Vision Ltd., part of CONTROP and the Rafael Group, to become India’s exclusive supplier of advanced drone cameras. (Positive)
Zaggle Prepaid: Company has entered into an agreement with Thomas Cook (India) Ltd. (Positive)
RBL Bank: Total deposits reached Rs. 110,942 Cr by Mar’25, up 7% YoY. CASA stood at Rs. 37,884 Cr, with a 34.1% ratio. (Positive)
Bharat Agri Fert & Realty: Company announced an increase in the subsidy on Single Super Phosphate (SSP) by Rs. 2,141 per Metric Ton (MT) by the Department of Fertilizers (DOF). (Positive)
Hitachi Energy/BHEL: Consortium secures contract from Rajasthan Part I Power Transmission. (Positive)
SBEC Systems: Company announced the commissioning of a 325 KWp solar power project at Modipuram, Meerut, Uttar Pradesh. (Positive)
Alivus Life: USFDA issued an Establishment Inspection Report with a Voluntary Action Indicated status for the said manufacturing facility. (Positive)
Anzen: Chryseum Advisors LLP bought 26 lakh shares in the trust at an average price of Rs 106.3, from Discovery Global Opportunity Mauritius. (Positive)
YES Bank: Private sector lender reported an 8.2% year-on-year increase in loans and advances, reaching ₹2,46,539 crore as of March 31, 2025. (Positive)
AWL: Volume growth at 7% YoY, Revenue grows by 36% (Positive)
Netweb: Company has received an incentive of ₹ 5,93,97,758 under the Production Linked Incentive (PLI) Scheme 2.0 for IT Hardware (Positive)
Bajaj Finance: Company posts 26% AUM growth in Q4, new loans up by 36% (Neutral)
NTC Industries: Company announced the resignation of Ms. Anushree Chowdhury, Company Secretary & Compliance Officer, and effective April 3, 2025. (Neutral)
Union Bank: Company has released a statement of debt securities for the half year ended March 31, 2025. The total amount outstanding is Rs. 17638.00 crore. (Neutral)
Thermax Ltd: Company announced a share purchase agreement with Infinite Uptime Inc., USA to sell its stake in Covacsis Technologies. The consideration for the sale is approx. Rs. 10 crores. (Neutral)
Amwill Health Care: Company announced the resignation of company Secretary & Compliance Officer, Ms. Sapna Parmar (Neutral)
Equitas Small Finance Bank: Bank announced the appointment of Mr. Balaji Nuthalapadi as Executive Director - Technology and Operations. (Neutral)
Alicon Castalloy Ltd: Company announced the resignation of Ms. Amruta Joshi as Company Secretary & Compliance Officer (Neutral)
Reliance Industries: Company received an order on March 30, 2025, from the Principal Commissioner of Customs, Ahmedabad. The order imposes a redemption fine and penalty totaling Rs. 9.75 crore (Neutral)
Indrayani Biotech: Company announced the approval of a rights issue of partly paid-up equity shares, not exceeding Rs. 49.90 Cr, to existing shareholders. (Neutral)
Synergy Green: Company’s Director Shishir S. Shirgaokar resigned effective Apr 1, 2025, due to old age. (Neutral)
AU Small Finance: Bank: Received CRISIL ratings for the long-term debt instruments (Tier-II Bonds) have been reaffirmed at CRISIL AA. (Neutral)
Avenue Supermarts: Company’s Q4FY25 Standalone Revenue at Rs.14, 462.39 Cr Vs Rs. 12,393.46 Cr (YoY) Total Number of Stores As Of March 31, 2025 Stood at 415. (Neutral)
Jio Financial: Company and Blackrock invest 66.5 cr in joint venture (Neutral)
Zomato: Name and symbol of company to be changed to Eternal effective April 9. (Neutral)
UltraTech Cement: Company to acquire Wonder WallCare for ₹235 crore. (Neutral)
Ola Electric: Company launches Hyper Delivery, promises same-day registration and delivery (Neutral)
RCF: Company announced in-principle approval for an unsecured inter-corporate loan of ₹200 crore to Talcher Fertilizers Limited, a joint venture. (Neutral)
Allied Digital Services Ltd: CRISIL reaffirmed the long-term rating of BBB+/Stable and assigned a short-term rating of A2. (Neutral)
Vodafone Idea: SEBI exempts govt from open offer rule on Vodafone Idea debt-to-equity conversion. (Neutral)
Bandhan Bank: Total Deposits Up 11.8% YoY & 7.2% QoQ At ₹1.51 Lk Cr, Bulk Deposits Up 13.7% YoY & 6.5% QoQ At ₹47,056 Cr. (Neutral)
Mazagon Dock: Government to offload up to 4.83% stake via OFS at a discount of 8% to CMP. (Neutral)
HDFC Bank: Gross Advance Up 5.4% YoY & 4% QoQ At ₹26.44 Lk Cr, Deposits-Average Up 15.8% YoY & 3.1% QoQ At ₹25.28 Lk Cr. (Neutral)
L&T FH: Retail Disbursements Up 1.2% At ₹15,044 Cr Vs ₹14,870 Cr, Retail Loan Book Up 18.8% At ₹95,100 Cr Vs ₹80,036 Cr (YoY) (Neutral)
Vedanta: Aluminum Production Up 1% YoY & Down 2% QoQ At 603 kt, Saleable Metal Down 1% YoY & Up 4% QoQ At 270 kt (Neutral)
Balaji Phosphets: Veloce Opportunities Fund sold 1.42 lakh shares in the company at an average price of Rs 118.4 per share. (Negative)
Bajaj Auto: Bajaj Auto International Holdings BV (BAIH BV) has subscribed to €50 million (₹468.7 crore) worth of convertible bonds issued by Pierer Bajaj AG (PBAG (Neutral)
HSCL: Acquisition of 60% equity shares of Trancemarine and Confreight Logistics Private Limited and related transactions. (Neutral)
HUDCO: Board meeting today to consider Fund Raising. (Neutral)
Biocon: Board meeting today to consider Fund Raising. (Neutral)
Hexaware Tech: Board meeting today to consider Interim Dividend. (Neutral)
Saraswati Saree: Board meeting today to consider Interim Dividend. (Neutral)
Padam Cotton: Board meeting today to consider Financial earnings. (Neutral)
VBL: Ex-Date today, Interim Dividend - Rs 0.5 per Share. (Neutral)
DCM Shriram: Ex-Date today, Interim Dividend - Rs 2.0 per Share. (Neutral)
KBC Global: Ex-Date today, Bonus issue of shares with ratio 1:1. (Neutral)
Fusion: Ex-Date today, Rights issue of shares with swap ratio 55:91 shares, Rs 131 per Rights Equity Share (Neutral)
Siemens: Ex-Date Monday, Demerger of Siemens Energy with ratio 1:1. (Neutral)
Fortis Healthcare: IHL, a wholly-owned subsidiary, received an income tax demand order for ₹76.19 Cr for FY19. (Negative)
- 07:57 | April 4, 2025
Stock market live today: Stocks that will see action today: April 4, 2025
Stock that will see action today: 4 April 2025
Buzzing Stocks Today, Stocks that will see action today: 4 April 2025 - Mazagon, Jio Financial, UltraTech, IIFL Capital, Parag Milk, Surya Roshini, Balaji Amines, GR Infraprojects, Jindal Steel, BHEL, NMDC Steel, GMR Airports, Divine Power
- 07:33 | April 4, 2025
Share market live today: Mazagon Dock Shipbuilders Ltd (MAZDOCK)- Offer for Sale
Issue Period:- 04- April-25 to 07- April-25
For Non- Retail ( QIB +HNI ) open & close date - 04- April-25 (Today)
For Retail open & close date – 07- April-25
Floor Price: INR “2,525”
Closing Price on date of announcement: Rs. 2,738.00\u0009
Current Market Price: 2,738.00
Base Issue size: 1.14 Crs Shares – 2.83% of O/S Capital
Green Shoe Issue size: 0.81 Crs Shares – 2.00% of O/S Capital
Total Issue Size: 1.95 Crs equity shares (INR 4918 Cr) – 4.83% of O/s Capital
Non-Retail Portion (QIB + HNI) - 90% of Offer Size - Bidding on 04- April-25 (Today)
Total Issue Size: 1.7530 Crs shares (INR 4426.37 Cr)
Retail Portion - 10% of Offer Size - Bidding on 07- April-25
Total Issue Size: 0.1948 Crs equity shares (INR 491.82 Cr)
Note : Upto Rs 2 lacs bids are classified as Retail and above non retail ( QIB + HNI )
- 07:32 | April 4, 2025
Stock market live today: Demerger Update -- Record Date on Monday, 07 Apr 2025
Siemens Limited (Demerged Company)
Siemens Energy India Limited (Resulting Company)
Symbol: SIEMENS
CMP: 5250.45/-
Last cum date: 04 Apr 2025 (Today)
Record date: 07 Apr 2025\u0009
Ratio : 1:1 (One fully paid-up equity share of Siemens Energy India Limited for every One fully paid-up equity share of held in the Siemens Limited)
- 07:32 | April 4, 2025
Stock market live today: Market outlook and key technicals by Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities
Despite US-imposed tariffs, the Nifty index held its ground, staging a resilient rebound from its support levels. However, while a recovery was observed, intraday volatility remained subdued, keeping traders cautious. Buyers managed to retain dominance throughout the session, with every minor dip being quickly absorbed. Yet, the index continued to oscillate within a well-defined range, creating a stiff resistance ceiling and a strong base, reflecting a lack of decisive direction in the market. Currently, Nifty has established robust support at the Fibonacci 0.382% retracement level of 23,141, signalling it as a strong demand zone at lower levels. The price action suggests a deadlock between bulls and bears, with repeated failures to break key support or resistance levels. Additionally, the index continues to trade below its 200-day EMA, a crucial technical barrier in the near term. With no firm breakout on either side, Nifty remains in a sideways trajectory, stuck in consolidation for the seventh consecutive session.
On the technical front, RSI remains below 60, indicating a lack of bullish momentum. This setup points toward a continued consolidation phase, where key support and resistance levels dictate the price action. On the downside, support has shifted to the 23,100–23,000 zone, aligning with the 20 & 50-day EMAs, reinforcing this area as a critical demand zone.
The Nifty ended the session at 23,250.10, slipping 0.35% (82.25 points), reflecting a cautiously optimistic sentiment amid upcoming macroeconomic events. With volatility likely to spike around the RBI’s monetary policy announcement, traders are closely watching for a directional breakout. Until then, the index is expected to remain range-bound, navigating a choppy and consolidative phase.
Options Market Insights
Derivative data signals a mildly bullish undertone, with put writers outpacing call writers, hinting at growing bullish sentiment. The 23,500 strike witnessed heavy call writing (47.34 lakh contracts), solidifying it as a formidable resistance zone. Conversely, substantial put writing at 23,000 (65.14 lakh contracts) highlights strong buyer interest at lower levels. The 23,000–23,100 range has evolved into a demand zone, supported by aggressive put writing, while the 23,300–23,500 range remains a supply zone, as steady call additions continue to act as an overhead barrier. The Put-Call Ratio (PCR) climbed from 0.87 to 1.07, suggesting a shift toward optimistic positioning. With Max Pain at 23,250, bulls have been absorbing bearish attempts, hinting at potential upward pressure in the near term.
Volatility Trends
India VIX, the market’s fear gauge, eased 0.89% to 13.60, indicating diminished uncertainty. As long as VIX remains below 15, market conditions are likely to stay relatively stable, keeping volatility in check.
Market Outlook
Despite ongoing macroeconomic uncertainties, Nifty absorbed selling pressure well, forming a solid base at support levels and staging a gradual recovery despite muted intraday momentum. With both call and put writers strategically placing positions at key levels, market indecision remains dominant. The failure to break below support has boosted optimism, leading to renewed long positions. However, the index’s position below the 200-day EMA continues to present a major technical hurdle. RSI staying under 60, along with Nifty’s adherence to its 0.382% Fibonacci retracement level, reinforces a defined trading range, where both bulls and bears are actively defending their zones. The 23,500–23,350 region has become a strong supply zone, with persistent call writing flipping previous support into resistance. On the downside, 23,200–23,000 remains a crucial support area, backed by significant put additions and psychological importance. A decisive breakout above 23,300 could trigger bullish momentum, but with call writers maintaining a firm stance and steady put writing at lower levels, consolidation is likely to continue. As long as Nifty trades within 23,500–23,000, a buy-on-dips and sell-on-rise strategy remains favourable. However, a break above 23,300 could ignite short-covering, leading to further upside potential.
- 07:31 | April 4, 2025
Share market live today: Economic Calendar – 04.04.2025
Taiwan, Hong Kong & China Market Holiday
10.30 INDIA Services PMI (Expected: 57.7 versus Previous: 59.0)
18.00 U.S. Non- Farm Employment Change (Expected: 137K versus Previous: 151K)
18.00 U.S. Unemployment Rate (Expected: 4.1% versus Previous: 4.1%)
18.00 U.S. Average Hourly Earnings m/m (Expected: 0.3% versus Previous: 0.3%)
20.55 U.S. Fed Chair Powell Speaks
21.30 U.S. FOMC Member Barr Speaks
22.15 U.S. FOMC Member Waller Speaks
- 07:14 | April 4, 2025
Global markets live today: Tokyo’s Nikkei extends losses as Trump’s trade tariffs roil Wall Street
Tokyo’s main Nikkei index declined on Friday, building on the losses from the previous day after Donald Trump’s announcement of expansive new trade tariffs sent Wall Street stocks plummeting.
In early trading today, the Nikkei 225 index was down 1.9% at 34,058.23, following a drop of 2.77% on Thursday. Meanwhile, the broader Topix index fell by 2.81%, having experienced a loss of 3.08% the day before. - Agencies
- 07:03 | April 4, 2025
Stock market live today: Trump’s sweeping tariffs jolt global economy, triggering backlash and talks
Trump’s sweeping tariffs jolt global economy, triggering backlash and talks
Global shock as Trump imposes sweeping tariffs, sparking threats of retaliation and calls for negotiation worldwide.
- 07:02 | April 4, 2025
Stock market live today: ICRA maintains 6.5% GDP growth forecast for India, anticipates 25 bps repo rate cut next week
Aditi Nayar, Chief Economist, Head - Research & Outreach, ICRA Limited
On India, the reciprocal tariff rate set by the US is 27%, which while quite high, is lower than some other Asian countries such as China (34%), Vietnam (46%), Thailand (37%), Bangladesh (37%), Taiwan (32%), etc. Notably, several items were excluded from the country-specific ad valorem rates.
Our early assessment is that the impact of the tariff announcements up to today is negative for some sectors such as steel, non-ferrous metals, auto components and cut and polished diamonds. In our view, this poses a mild downside risk to our growth forecast. However, we suspect that the relative tariff scenario is going to continue to evolve as the year progresses.
For now, we are maintaining our baseline GDP growth forecast of 6.5% for FY2026. As a result, we continue to expect the MPC to reduce the repo rate by 25 bps next week, based on the expectation of a moderation in the CPI inflation to 4.2% on average in FY2026. A final rate cut of 25 bps may be forthcoming in the June or August 2025 policy review, based on the evolving growth inflation dynamics
- 07:01 | April 4, 2025
Trump tariffs and sectoral outlook live: India’s electronics sector could have a strategic advantage over China, Vietnam, critical to finalise BTA
US Tarriffs : India’s electronics sector could have a strategic advantage over China, Vietnam, critical to finalise BTA
India's electronics industry aims to leverage tariff advantages over China and Vietnam, emphasizing the need for strategic trade agreements.
- 07:01 | April 4, 2025
Trump tariffs and sectoral outlook live: India’s IT sector unfazed by US tariffs, but manufacturing and exports face hurdles, say experts
India’s IT sector unfazed by US tariffs, but manufacturing and exports face hurdles, say experts
India's IT sector resilient to US tariffs, emphasizing AI, cybersecurity, and enterprise tech solutions, but reciprocal tariffs may pressure industries.
- 06:59 | April 4, 2025
Stock market live today: The cold calculations behind Trump’s tariffs
The cold calculations behind Trump’s tariffs
US President Trump's reciprocal tariffs based on trade deficits, not actual rates, as experts reverse engineer the methodology.
- 06:55 | April 4, 2025
Global markets live today: Morgan Stanley revises forecast: no interest rate cut from the US Fed expected in 2025
MORGAN STANLEY NOW EXPECTS NO INTEREST RATE CUT FROM THE US FED IN 2025 VS PRIOR FORECAST OF ONE 25 BPS CUT IN JUNE
- 06:54 | April 4, 2025
Stock market live today: HDFC Bank reports strong growth
HDFC Bank
Gross Advance Up 5.4% YoY & 4% QoQ At ₹26.44 Lk Cr
Deposits-Average Up 15.8% YoY & 3.1% QoQ At ₹25.28 Lk Cr
Deposits-Period End 14.1% YoY & 5.9% QoQ At ₹27.15 Lk Cr
AUM-Average Up 7.3% YoY & 2.6% QoQ At 26.95 Lk Cr
AUM-Period End Up 7.7% YoY & 3.3% QoQ At ₹27.74 Lk Cr
CASA Deposits Up 5.7% YoY & 1.4% QoQ At ₹8.29 Lk Cr
(Data inline with historical average)
- 06:54 | April 4, 2025
Stock market live today: Offer For Sale: Mazdock Limited
Seller: Government (Promoter)
Floor Price: Rs 2525/Sh (Approx 7.7 percent discount at Last Closing 2735.4)
Total OFS size in Rupees: 1.95 crore shares or Rs 4918.0 crore (At floor price)
Base OFS size in Rupees: Rs 2881.0 crore (Or 1.14 Cr shares)
Green Shoe size in Rupees: Rs 2037.0 crore (Or 0.81 Cr shares)
For Non-Retail Investors: 04th April 2025
For Retail Investors: 05th April2025
Retail Reservation: 10%
Mutual Fund and Insurance companies’ Reservation: 25%
- 06:53 | April 4, 2025
Share market live today: Fund Flow Activity: 3rd April 2025
Turnover: (NSE + BSE) - (Rs. In Crs.)
Cash Volume: 90488.87+ 5,237.83 Total: 95,726.7
F&O Volume: 37387348.04+ 1812072.07 Total: 39199420.11
Provisional Cash
FII/FPI: NET SELL: -2,806.0
(9,681.91 - 12,487.91)
DII: NET BUY: + 221.47
(11,567.21 - 11,345.74)
- 06:53 | April 4, 2025
Commodities market live today: OPEC+ to increase production by 411k bpd in April, meeting set for May 5 to discuss June levels
OPEC Meeting Update: OPEC+ plans to increase 411k bpd in April. The eight OPEC+ countries will meet on the 5th of May to decide on June production levels. OPEC+ countries agree to the increment originally planned for May in addition to two monthly increments. (Negative for crude outlook as planning for hike in production in verge of uncertain demand scenario)
- 06:40 | April 4, 2025
Stock market live today: Wall Street crashes: Dow plunges 1,679 points, Nasdaq tanks 6% as Trump’s tariffs roil markets
Wall Street crashes: Dow plunges 1,679 points, Nasdaq tanks 6% as Trump’s tariffs roil markets
Wall Street plunges as Trump's tariffs spark global economic fears, sending markets worldwide into a tailspin.
- 06:39 | April 4, 2025
Insights: Tariff shock and your stocks: Get a grasp of the big picture
Tariff shock and your stocks: Get a grasp of the big picture
Unprecedented tariff announcements by the US administration could have deep implications for global markets, requiring careful analysis.
- 06:39 | April 4, 2025
Technicals: Trading Guide for April 4, 2025: Intraday supports, resistances for Nifty50 stocks
Day Trading Guide for April 4, 2025: Intraday supports, resistances for Nifty50 stocks
Get intraday support/resistance levels for Nifty Futures & top stocks, along with trade recommendations based on trend analysis.
- 06:38 | April 4, 2025
WATCH: Today’s Stock Recommendation: April 04, 2025
Published on April 4, 2025
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