Photo Courtesy: france24.com
Financial Updates- 10 Apr 25
- As we enter 100th Day of year 2025, some good news poured in from US wrt Tariff paused by Trump for next 90 days.
- RBI cuts repo rate by 25 basis points from 6.25% to 6%. Main reason for this rate cut has been improved inflation.
- Markets couldn’t celebrate this rate cut yesterday and most probably one can see market in the celebration mood tomorrow.
- RBI projected GDP growth at 6.5% YOY for FY 26 , down from 6.7%
- Another better inflation rates in this upcoming three months can bring repo rates further down in June.
- HSBC Global Research has picked up five stocks for investors for high profitability and earnings with good growth opportunities. These are
Shriram Finance
ICICi Bank
Reliance Ind
TVS Motors
Adani Ports - Markets are now all set for Q4 earning results which will start from Today. TCS, Anand Rathi and Evoq will start first with its numbers coming today.
- Remember, Q4 results will have long term impact on stock and can be much more effective than Trump Tariff. So keep an eye on ur stocks holdings earnings…
- Nifty launches new index named ” NIFTY INDIA INTERNET & E COMMERCE INDEX” The index comprises shares like Zomato, Paytm, Info edge, Swiggy, irctc etc
- Domestic TV, Refrigerator, deep freezer, smart phones may see some rate cuts as Chinese co offers upto 5% discounts to India on electronic goods. 3/4th of all parts used in electronics are imported from China.
- India’s export touched record $820 bn in FY 24-25. A growth of around 5%
- Indigo Airlines has become World’s most valuable listed airline with Market Cap of $ 23177 mn at close of yesterday’s Trade pipping Delta Air lines. Stock made new 52W high of ₹ 5265
- World’s market response to Tariff pause
US market up 8%
Nasdaq up by 12.2%
S & P up by 9.5%
Nikkei up by 8.5%
Kospi up by 5.5%
Taiwan up by 9.3% - Cabinet committee on Security cleared ₹63000 cr deal to buy 26 Rafale Marine Jets from France for Navy’s INS Vikrant.
- Multiple Chain PVR Inox is now seeking license to serve liquor in premium and select markets in movie hall lounges(not inside audi) in Bangalore and Gurgaon, to improve their footfall.
Gold/Silver
Gold rates fell from Rs 94100 level yesterday to Rs 92800 levels this morning as Tariff war has taken 90 days pause.
Silver prices to fell to trade presently at 92000 levels.
Happy Holiday..
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.
