Photo Courtesy: economictimes.indiatimes.com
Financial Updates-12 Apr 25
Indian Markets ended the week in strong way , as Nifty ended above 22800 and sensex was above 75000, sending some positive signals for days ahead.
Yesterdays gain of 1.9% was highest single day gain of Yr 2025.
India’s Industrial Output Growth eased to 6 month low of 2.9% in February , reflecting a visible manufacturing slowdown. In January index of Industrial production was 5.8%.
Rupee gained 54 paisa to close strongly at 86.04 a dollar
See-Saw between US & China is on, as China now ups Tariff on US goods to 125%.
According to Motilal Oswal, as many as 60 companies and will see a double digit slump in net profits in Q4. The profit declines can be as low as 84% for few companies. Some of probable in above list , which could make ur portfolio bleed are… Apollo tyre, CIE Automotive, Craftsman auto, Samvardhana, Hyundai, Ambuja cement, ACC, Birla corp, Godrej consumer, Tata consumer. So do keep an eye on these stocks, if u hold them.
Work on Andhra Pradesh new Capital city of Amravati(between Vijaywada & Guntur) has taken off on ground with work on 38 projects worth Rs 37700 cr in different stages of execution. Formal inauguration of same will be done by PM shortly. Masterplan of city has been made with assistance from Singapore govt. World Bank and Asian Development Bank along with GOI have provided th financial assistance of Rs 15000 cr. A huge increase of property prices could be seen in this General area now!!
Retail Buying into Equity MF hit an 11 month low in March, as investors slowed down or stopped their SIPs and Purchases amidst uncertainty. A drop of 14% as compared to February. Tax Harvesting, profit booking, last qtr tax adjustment were also some reason for sell off in March.
Post Govts 49% hold in Vodafone Idea, their Credit rating has improved to BBB from earlier BB+ which is Big boost for the Telco company.
Amidst Tariff warfare, India’s foreign reserves jumped $10.8bn to $ 676.2 bn during the week ending April 4. This is 5th week in continuation where this surge in Forex reserve is seen.
Tata Motors to relaunch SUV Curvv during IPL and also plans to launch a variant of Ultroz
Delhi Govt will provide Rs 35000 subsidy shortly to woman electric two wheeler buyers under its proposed Electric vehicle policy. But same would be applicable for first 10000 woman with valid Driving licence.
A big boost for GMR infra group as Delhi’s Indira Gandhi International Airport was named the BEST AIRPORT IN INDIA AND SOUTH ASIA Hyderabad’s International Airport won BEST AIRPORT STAFF & SERVICE IN INDIA & SOUTH ASIA, Goa’s International Airport won CLEANEST AIRPORT IN INDIA &SOUTH ASIA
Bangaluru’s Kempegowda International Airport recd, best Regional Airport in India and South Asia
GRSE lays keel for 3rd Next Generation Offshore petrol vessel for Indian Navy.
Mahindra sold 1944 EV cars in March, up from 692 units sold in last year.
Anand Rathi declares a dividend of Rs 7 per equity share.
As T2 in delhi is scheduled to go under major repairs, Indigo has shifted it’s 122 flights from T2 to T1.
TCS declared a total dividend of Rs 126 per share for FY25.
Gold/Silver
Unbelievable Gold Run is on here… As Gold surpasses 97000 levels and is heading now for 6 digit price amidst US- China Trade Standoff!!!. Will yr 2025 see gold hitting 100000 levels..??
Silver jumped marginally to trade at 97300 levels.
Today is day where Gold 10gms and Silver 1 kg are at same price!!!! Never ever heard so!!!
Well, a good three days to evaluate ur portfolio, stocks and MF as markets are closed and will be reopening on 15 April.
Happy Holidays!!
Disclaimer: All investments are subject to market risks. Please check the fundamentals and other stock market parameters carefully in detail before investing. Also, it is always good to consult a qualified financial advisor for stock market investments. Opinions and Recommendations above are Authors’ personal, you are should carry out your own checks & balances and due diligence before investment.
