Fairness markets will stay closed on Thursday for ‘Maharashtra Day’.
Additional updates associated to tariffs will even be watched by buyers, specialists famous.
Inventory markets witnessed profit-taking within the final two classes on account of elevated geopolitical tensions between India and Pakistan following the loss of life of 26 individuals in a terror assault on vacationers at Pahalgam in Jammu and Kashmir.
“The upcoming holiday-shortened week additionally marks the start of a brand new month, making month-to-month auto gross sales information a key space of focus for market members. On the macroeconomic entrance, buyers will carefully observe the Index of Industrial Manufacturing (IIP) information and the HSBC manufacturing PMI information.
“In the meantime, geopolitical developments between India and Pakistan will stay on the radar. On the company earnings entrance, a number of distinguished companies-including BPCL, IOC, Bajaj Finance, TVS Motor, and UltraTech Cement-are set to launch their quarterly outcomes. Globally, updates associated to tariffs and commerce will even be watched carefully,” Ajit Mishra – SVP, Analysis, Religare Broking Ltd, mentioned. Final week, the BSE benchmark gauge climbed 659.33 factors or 0.83 per cent, and the NSE Nifty went up by 187.7 factors or 0.78 per cent regardless of profit-taking within the final two classes. On Friday, the 30-share BSE barometer Sensex tanked 588.90 factors or 0.74 per cent to settle at 79,212.53. The NSE Nifty dropped 207.35 factors or 0.86 per cent to 24,039.35.
Siddhartha Khemka, Head – Analysis, Wealth Administration, Motilal Oswal Monetary Companies Ltd, mentioned, “Geopolitical developments between India and Pakistan might add volatility to the Indian market over the following few days. In the meantime, inventory/sector particular motion would proceed on the again of ongoing This autumn earnings bulletins. Key outcomes this week embrace these from largecaps like Ultratech Cement, Bajaj Finance, Trent, Ambuja Cements amongst others.”
In the meantime, Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter internet revenue as retailer rationalisation in retail enterprise and improved margins in telecom helped offset weak spot in mainstay oil and petrochemicals enterprise and better finance value.
Consolidated internet revenue of Rs 19,407 crore, or Rs 14.34 per share, in January-March – the fourth quarter of April 2024 to March 2025 fiscal (FY25) – was increased than Rs 18,951 crore, or Rs 14 a share, in the identical interval a yr again, the corporate mentioned in an announcement.
“The week from April 28 to Could 2, 2025, is about to convey one other sequence of essential financial releases that would impression world market dynamics and investor sentiment. In India, consideration shall be on the Industrial Manufacturing (YoY) information for March, scheduled for launch on April 28, which is able to provide insights into the energy of the nation’s manufacturing and industrial sectors,” in response to Bajaj Broking Analysis.
VK Vijayakumar, Chief Funding Strategist, Geojit Investments Restricted, mentioned, “There’s a distinct development reversal in FII technique in India. Over the last eight days FIIs (International Institutional Traders) have been sustained consumers within the Indian market.”
An fascinating level on this reversal of FII technique is that it has occurred at a time of heightened India-Pak tensions following the Pahalgam terror assaults, he famous.
