Market Indicates Decline Amidst Global Pressure; GIFT Nifty Shows Sharp Drop; Tata Motors, RIL, ONGC, Nykaa, and IndusInd Among Stocks to Watch.
Stocks to Watch: Trading may open weak on Monday, April 7, 2025. GIFT Nifty Futures were trading at 21,952 at 7:36 AM, approximately 1000 points below the previous close of 22,958.15. This suggests a potential gap-down opening in the domestic markets.
Pressure Expected on Globally Exposed Sectors
Companies in the Pharma, IT, and Metals sectors, such as TCS, Sun Pharma, and Hindalco, may face pressure. Ongoing trade wars between the US and Europe, coupled with concerns over a global slowdown, have increased the sensitivity of these sectors. Donald Trump's tariff policies are also contributing to uncertainty.
Oil-Related Stocks Under Scrutiny
Activity is anticipated in OMCs (HPCL, BPCL, IOCL), Paints (Asian Paints, Berger Paints, Pidilite), and Airlines (IndiGo, SpiceJet) stocks. The decline in crude prices has improved the margin outlook for these companies. Brent Crude is at $63.4 and WTI Crude at $60 per barrel – both showing a decline of over 3%.
Potential Decline in Oil Producers
Stocks related to Exploration & Production, such as ONGC, Oil India, and Reliance Industries, may come under pressure due to reduced margins resulting from lower oil prices.
Tata Steel Under Observation – Significant Increase in Taxable Income
Tata Steel's taxable income for FY2018-19 increased by ₹25,185.51 crore. This is attributed to waived debt during the acquisition of Bhushan Steel. This development may increase the company's tax burden.
Tata Motors – Jaguar Land Rover Halts Exports
According to a Bloomberg report, Tata Motors' UK subsidiary, Jaguar Land Rover, ceased exports to the US on April 3, 2025, due to the imposed 25% tariff. This may impact the company's US market presence.
IndusInd Bank – Mixed Performance in Q4FY25
The bank reported Net Advances reaching ₹3.47 lakh crore and Deposits at ₹4.11 lakh crore in Q4. However, loan growth showed a 5.2% decline quarter-on-quarter.
Mazagon Dock – Government Prepares for Stake Sale
The government is preparing to divest its 1.18% stake in Mazagon Dock. An oversubscription, or greenshoe option, will be used for this divestment.
Nykaa (FSN E-Commerce) – Anticipates Mid-20% Revenue Growth
Beauty and fashion e-tailer Nykaa expects approximately 20% growth in its consolidated revenue in Q4FY25. GMV growth is expected to outperform the industry.
AstraZeneca – TAGRISSO Import Approved
AstraZeneca Pharma India has received regulatory approval to import 40mg and 80mg Osimertinib (TAGRISSO) tablets.
Bajaj Housing Finance – Strong Loan Growth
The company disbursed new loans worth ₹14,250 crore in Q4FY25, and its AUM increased by 26% year-on-year to ₹1.14 lakh crore.
Indian Bank – Loan Book Increase
Indian Bank's Gross Advances reached ₹5.88 lakh crore, while total business reached ₹13.25 trillion.
Force Motors – Slight Sales Increase, Export Decline
Force Motors reported 3,606 units in domestic sales in March 2025 and only 94 units in exports, representing a 77% year-on-year decline.
