POST-MARKET SUMMARY 8th April 2025

On April 8, benchmark indices rebounded strongly, ending a three-day losing streak. The Nifty 50 closed higher, driven by across-the-board buying, as sentiment improved, mirroring rallies in Asian and European markets. Despite a weak US handover due to tariff tensions, Asian markets recovered, easing concerns over the trade war. 

Looking ahead, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to announce a rate cut in its policy review on April 9. Economists believe the improvement in the banking system's liquidity will support growth, although risks remain due to the impact of tariffs.

 Sectorally, all indices ended in the green, with Capital Goods, Consumer Durables, FMCG, Oil and Gas, PSU, Realty, Telecom, and Media gaining between 2-4%.

NIFTY: The index opened 285 points higher at 22,446 and made a high of 22,697 before closing at 22,535. Nifty has formed a bullish candle on the daily chart. Its major resistance level is now placed at 22,700 while its immediate support is at 22,400.

 BANK NIFTY: The index opened 528 points higher at 50,388 and closed at 50,511. Bank Nifty has formed a long-legged Doji-like candlestick pattern on the daily chart. Its immediate resistance level is now placed around 50,750 while immediate support is around 50,300.  

Stocks in Spotlight

▪  Titan: Stock surged over 6% intraday, following a positive business update for the March quarter. The company reported a 25% year-on-year growth in revenue across all its verticals.

▪  Indraprastha Gas: Stock fell 4% after reports emerged that the Delhi government has recommended phasing out CNG-driven autorickshaws in the capital. The proposed policy also outlines that two-wheeler powered by petrol, diesel, or CNG will be banned starting August 15, 2026.

▪  Shriram Finance: Stock gained 4%, fuelled by expectations of a 25-basis point repo rate cut by the RBI on April 9.

Global News

 ▪  Asian markets rebounded on Tuesday after a steep global sell-off, with Japan's Nikkei 225 surging more than 6% in early trade, recovering from a sharp 8% decline the previous day.

▪  European shares rose off 14-month lows on Tuesday following four consecutive sessions of heavy losses, though investor sentiment remained cautious amid ongoing concerns over tariff-related developments.

▪  Oil prices stabilized on Tuesday but remained close to four-year lows, as the recovery in equity markets was overshadowed by recession fears, fuelled by the ongoing trade conflict between the United States and China, the world’s two largest economies.

This document has been issued by Liquide Solutions Private Limited for information purposes only and should not be construed as

i) an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or

ii) an offer to sell or a solicitation or an offer for the purchase of any of the baskets of Liquide Solutions; or

iii) investment research or investment advice. It does not have regard to specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent advice regarding the appropriateness of investing in any of the funds, securities, other investment, or investment strategies that may have been discussed or referred to herein and should understand that the views regarding future prospects may or may not be realized. In no event shall Liquide Life Private Limited and/or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special, incidental or consequential damages arising out of the use of information/opinion herein.

With Liquide, you can explore stocks, trade securely in your own broker account, and receive expert-recommended trade setups. Stay updated with real-time tracking, market commentary, and AI-powered insights from LiMo, our intelligent bot. Whether you're a seasoned investor or a newbie, Liquide provides the tools you need to discover your next big investment opportunity. Download the app now from Google Play Store and Apple App Store to revolutionize your investment journey. Don't miss out on the chance to level up your investing game with Liquide.