Post Session: Quick Review

Indian equity markets ended flat with positive bias on Tuesday. After making a positive start, soon indices turned volatile amid ongoing global trade uncertainties and rising geopolitical tensions between India and Pakistan, which dampened investors sentiment. However, in afternoon session, markets added some gains but ended near neutral lines as traders paid no attention towards the Reserve Bank has vowed to inject additional liquidity into the system in the month of May.

Some of the important factors in trade:

India’s IIP growth rises marginally to 3%: Sentiments were upbeat with data showing India's industrial production growth marginally accelerated to 3 per cent in March 2025 from 2.7 per cent in February. 

FIIs buying spree continues: Traders took some support as exchange data showed that Foreign Institutional Investors (FIIs) bought equities worth Rs 2,474.10 crore on Monday.

Climate change may lead to increased probability of defaults: Some concern came as RBI deputy governor M Rajeshwar Rao stated that climate change would lead to additional operational costs for borrowers with an increased possibility of a loss of their assets, leading to an increased probability of default by borrowers. 

Global front: European markets were trading in green after reports emerged that the U.S. would move to reduce the impact of duties imposed on foreign parts in domestically manufactured cars. Asian markets ended mostly in green as U.S. Treasury Secretary Scott Bessent put the burden for trade progress squarely on China, increasing confusion about the status of talks between the two countries.

The BSE Sensex ended at 80288.38, up by 70.01 points or 0.09% after trading in a range of 80122.02 and 80661.31. There were 16 stocks advancing against 14 stocks declining on the index. (Provisional)

The broader indices ended in green; the BSE Mid cap index was up by 0.23%, while Small cap index up by 0.09%. (Provisional)

The top gaining sectoral indices on the BSE were IT up by 1.13%, Capital Goods up by 0.94%, TECK up by 0.76%, Industrials up by 0.70% and Consumer Durables up by 0.60%, while Utilities down by 1.06%, Metal down by 0.99%, Healthcare down by 0.81%, Power down by 0.75% and Basic Materials down by 0.70% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Reliance Industries up by 2.26%, Tech Mahindra up by 2.14%, Eternal up by 1.87%, Indusind Bank up by 1.40% and HCL Technologies up by 1.26%. On the flip side, Ultratech Cement down by 2.39%, Sun Pharma down by 1.99%, Power Grid Corporation of India down by 1.44%, NTPC down by 1.22% and Kotak Mahindra Bank down by 1.11% were the top losers. (Provisional)

Meanwhile, the Federation of Indian Exporter Organisations (FIEO) has said that American sourcing firms and exporters in China are approaching Indian companies to supply goods to the US as high tariffs imposed by Washington are making it difficult for them to ship directly to America. The US has imposed 145 per cent tariffs on Chinese goods entering the American market. For India, the duty is just 10 per cent.

FIEO Director General Ajay Sahai said ‘we also held an online meeting with a big US firm. Huge export opportunities are there for Indian exporters due to high import duties imposed by the US on China.’ Besides, he said Chinese manufacturer exporters from various sectors like electronics, hand tools and home appliances are also reaching out to Indian traders. He stated that Chinese firms are willing to pass on the export orders they receive to Indian firms so that shipments can continue and their business relationships with the US remain intact and in return, Chinese companies are seeking a commission fee facilitating the orders. 

He further said a significant number of firms from the neighbouring country are approaching the domestic exporters with these business prepositions. He said a lot of these Beijing-based units have approached them at the ongoing Canton Fair in Guangzhou, which is the world's biggest trade fair. He added that the domestic players should look into increasing their capacities to tap into these opportunities. Going ahead, they can make direct relationships with those US buyers.

The CNX Nifty ended trading at 24335.95, up by 7.45 points or 0.03% after trading in a range of 24290.75 and 24457.65. There were 18 stocks advancing against 32 stocks declining on the index, while one stock remained unchanged. (Provisional)

The top gainers on Nifty were Bharat Electronics up by 3.95%, Trent up by 3.49%, Tech Mahindra up by 2.31%, Reliance Industries up by 2.26% and Eternal up by 1.72%. On the flip side, Coal India down by 2.03%, Ultratech Cement down by 2.02%, ONGC down by 1.96%, Sun Pharma down by 1.96% and Dr. Reddy's Lab down by 1.89% were the top losers. (Provisional)

European markets were trading in green; Germany’s DAX gained 157.78 points or 0.7% to 22,429.45, UK’s FTSE 100 increased 8.24 points or 0.1% to 8,425.58 and France’s CAC rose 2.08 points or 0.03% to 7,575.84.

Asian markets ended mostly in green on Tuesday as the White House has confirmed President Trump's plan to reduce tariffs on auto parts for cars made in America following intense lobbying by industrial leaders. Seoul stocks ended higher for a third day running, with auto and bio stocks leading the surge ahead of quarterly earnings reports from major companies. However, China's Shanghai Composite index finished lower after U.S. Treasury Secretary Scott Bessent put the burden for trade progress squarely on China, increasing confusion about the status of talks between the two countries. Meanwhile, Japanese market was closed for Showa Day holiday. On the economic data front, Singapore's producer prices increased for the fourth straight month in March, though at a slower pace than in the previous two months, data from the Department of Statistics showed. The manufacturing producer price index rose 3.3 percent year-on-year in March, slower than the 6.0 percent increase in February.