Donald Trump's tariff decisions may cause volatility in the Indian stock market. Investors will be closely watching stocks in the IT, Auto, Pharma, and Oil sectors today.
Stocks to Watch: Following US President Donald Trump's decision to impose reciprocal tariffs on various countries, a decline is anticipated in the Indian stock market. At 7:42 AM on April 3rd, 2025, GIFT Nifty futures were trading at 23,165, down 264 points. The previous trading session saw the Sensex close at 76,617.44, up 592.93 points, and the Nifty at 23,332.35, up 166.65 points.
Sectors to Watch
Auto and Pharma Stocks
- The Trump administration has implemented the previously announced 25% auto tariff, potentially impacting the Indian automobile sector.
- The pharma sector may also be affected by US policies, as the US is a major market for Indian pharmaceuticals.
IT Stocks
- Potential recession in the US and the imposition of over 30% new tariffs on manufacturing hubs like China-Taiwan could impact IT stocks.
- With total tariffs on imports from China reaching 54%, both opportunities and challenges may arise for Indian IT companies.
Oil Stocks
- Crude oil prices have fallen by over 2%.
- Brent crude futures are trading at $73.24 per barrel, which could be a negative sign for oil companies.
Stocks in Focus Today
Central Bank of India
- The bank's total business in Q4 FY25 was ₹7,05,196 crore, compared to ₹6,36,756 crore in the previous year.
- Total deposits increased by 7.18% to ₹4,12,665 crore.
Hindustan Zinc
- The company's mining production in FY25 was 1,095 kilotonnes, and refined metal production was 1,052 kilotonnes.
- Zinc production increased by 1%, and lead production by 4%.
Maruti Suzuki
Due to increased input costs, operational expenses, and regulatory changes, the company will be increasing its vehicle prices from April 8th, 2025.
Muthoot Finance
- Moody's Investors Service has upgraded Muthoot Finance's credit rating from 'Ba2' to 'Ba1'.
- The outlook remains 'stable'.
Ashok Leyland
Entered into an agreement with Nagaland Rural Bank for vehicle financing solutions.
NTPC
Issued a tender for collaboration with global partners to set up 15 gigawatts of nuclear reactors in India.
Reliance Industries (RIL)
- Launched a ₹65,000 crore investment in Compressed Bio-Gas (CBG) in Andhra Pradesh.
- The first plant is being set up in Divakarpally village near Kanigiri.
SpiceJet
Received permission for scheduled flights from the Civil Aviation Authority of Nepal.
Macrotech Developers (Lodha)
Abhishek Lodha's company accused his brother, Abhinandan Lodha, of illegally using the 'Lodha' trademark on his 'House of Abhinandan Lodha' (HoABL).
Coal India
The company is exploring lithium blocks in Australia and Argentina.
Infosys
Launched the 'Formula E Stats Centre' in partnership with the ABB FIA Formula E World Championship.
SJVN
The first phase of the 1,000 MW Bikaner solar project has commenced commercial power supply.
Apollo Tyres
Appointed Rajiv Kumar Sinha as the new Chief Manufacturing Officer.
