Global Indices
Global Indices 02-Apr Prev_Day Abs. Change
% Change
Russell 3000 2,891 2,864 27 0.93
Nasdaq 17,601 17,450 151 0.87
FTSE 8,608 8,635 -26 -0.30
Nikkei 35,726 35,624 101 0.28
Hang Seng 23,203 23,207 -4 -0.02
Indian Indices 02-Apr Prev_Day Abs. Change
% Change
BSE Sensex 76,617 76,025 593 0.78
Nifty 50 23,332 23,166 167 0.72
Nifty 100 23,902 23,714 188 0.79
Nifty 500 21,266 21,071 195 0.93
Nifty Bank 51,348 50,828 521 1.02
BSE Power 6,540 6,504 36 0.55
BSE Small Cap 47,136 46,672 464 0.99
BSE HC 41,123 40,835 288 0.70
Date P/E Div. Yield P/E Div. Yield
2-Apr 21.35 1.19 21.20 1.33
Month Ago 20.38 1.25 19.67 1.45
Year Ago 25.25 1.11 23.01 1.20
Nifty 50 Top 3 Gainers
Company 02-Apr Prev_Day
% Change
Tata Beverages 1063 992 7.10
Titan Industries Limited 3098 2987 3.73
United Phos 654 635 3.10
Nifty 50 Top 3 Losers Domestic News
Company 02-Apr Prev_Day
% Change
Ultratech Cem 11251 11379 -1.12
Power Grid 287 289 -0.88
L&T Ltd. 3420 3437 -0.49
Advance Decline Ratio
BSE NSE
Advances 2818 2123
Declines 1133 747
Unchanged 134 63
Institutional Flows (Equity)
Description (Cr)
YTD
FII Flows* -122910
MF Flows** 112132
*2nd Apr 2025; **28th Mar 2025
Economic Indicator
YoY(%) Current Year Ago
CPI
3.61%
(Feb-25)
5.09%
(Feb-24)
IIP
5.00%
(Jan-25)
4.20%
(Jan-24)
GDP
6.20%
(Dec-24)
9.50%
(Dec-23)
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.
03 April 2025
Since May-17, MOSPI has revised base year of IIP & WPI from 2004-05 to 2011-12, and for CPI from 2010 to
2012
Indian Equity Market
Indices Performance
P/E Dividend Yield
Sensex
Nifty
3.70%
(Oct-24)
5.60%
(Sep-24)
Quarter Ago
Inflow/Outflow
0
-6336
5.48%
(Nov-24)
Indian equity markets rebounded after suffering heavy losses in the
previous session amid heightened uncertainty over the U.S. President's
tariff announcements. The positive sentiment in the domestic equity
markets was mainly fueled by the belief that the tariffs would have a
limited effect on the domestic economy, due to the encouraging progress
in trade negotiations between Indian and the U.S.
Key benchmark indices BSE SENSEX and Nifty 50 gained 0.78% and 0.72%
to close at 76,617.44 and 23,332.35 respectively.
The overall market breadth on BSE was strong with 2,832 scrips advancing
and 1,095 scrips declining. A total of 148 scrips remained unchanged.
On the BSE sectoral front, all sectors gained. Realty was the major gainer,
up 3.62%, followed by Consumer Durables and Consumer Discretionary, up
2.62% and 1.7%, respectively. Telecommunication and Teck gained 1.22%
and 1.18% respectively.
The Manufacturing Purchasing Managers' Index rose to 58.1 in Mar 2025
compared to 56.3 in Feb 2025. The rise was driven by stronger new orders
growth, as the New Orders Index reached its highest level in eight months,
supported by increased customer interest, favourable demand conditions,
and successful marketing initiatives.
The National Highways Authority of India (NHAI) surpassed its construction
target for the 2024-25 fiscal year by building 5,614 km of national
highways. NHAI's capital expenditure hit a record high, exceeding Rs.
2,50,000 crore. Through monetization strategies such as toll-operate-
transfer, Infrastructure Investment Trusts (InvIT), and toll securitization,
NHAI raised Rs.28,724 crore, with InvIT receipts contributing a significant
Rs.17,738 crore.
The U.S. has raised concerns with the World Trade Organization regarding
India's dairy certification requirements, which it believes are placing the
U.S. dairy products at an unfair disadvantage. The U.S. has urged India to
implement less trade-restrictive measures for the importation of milk and
milk products, while still ensuring the protection of public health.
Uber has introduced 'Uber for Teens', a new feature aimed at providing a
secure and monitored transportation option for teenagers aged 13 to 17.
This service allows parents to create a Teens account, which enables them
to monitor their child's trips in real time, request rides on their behalf, and
receive comprehensive ride summaries.
Ashok Leyland has entered into a Memorandum of Understanding with
Nagaland Rural Bank, aimed at addressing customer requirements by
offering vehicle loans that feature monthly repayment options tailored to
individual preferences. This collaboration seeks to deliver personalized
vehicle financing solutions to customers.
Asian equity markets mostly fell as caution prevailed ahead of the U.S.
President's sweeping tariffs announcement expected later in the day.
Meanwhile, Japanese markets closed with a slight gain following a volatile
trading session. Today (as on April 03), Asian markets opened lower
following the tariff announcement made by the U.S. President. Both Nikkei
and Hang Seng fell by 3.13% and 1.58% respectively (as at 8 a.m. IST).
European equity markets fell as investors chose to refrain from making
significant moves ahead of U.S. President’s tariff announcement. However,
there remains some ambiguity regarding the exact amount of the levy and
whether certain countries may be granted exemptions from these tariffs.
The U.S. equity markets rose despite concerns regarding the effects of the
reciprocal tariffs imposed by the U.S. President on U.S. trade partners.
Furthermore, a report published by the payroll processor ADP indicated
that private sector employment in the U.S. rose more than expected in Mar
2025.
Markets for You
Readers are requested to click here for ICRA Analytics Ltd disclaimer
03 April 2025
Derivative Statistics- Nifty Options
Disclaimer:
Derivatives Market
Debt Watch
Currency Market
Commodity Prices
Indian Debt Market
Currency Market Update
Commodity Market Update
International News
The information herein is meant only for general reading purposes and contains all factual and statistical information pertaining to Industry and markets which have been obtained from independent third party sources
and which are deemed to be reliable. The information provided cannot be considered as guidelines, recommendations or as a professional guide for the readers. It may be noted that since Nippon Life India Asset
Management Limited (NAM India) has not independently verified the accuracy or authenticity of such information or data, or for that matter the reasonableness of the assumptions upon which such data and information
has been processed or arrive data; NAM India does not in any manner assures the accuracy or authenticity of such data and information. Some of the statements & assertions contained in these materials may reflect NAM
India’s views or opinions, which in turn may have been formed on the basis of such data or information. The Sponsor(s), the Investment Manager, the Trustee or any of their respective directors, employees, associates or
representatives do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such data or information. Whilst no action has been solicited based upon the information provided
herein, due care has been taken to ensure that the facts are accurate and opinions given are fair and reasonable, to the extent possible. This information is not intended to be an offer or solicitation for the purchase or
sale of any financial product or instrument. Recipients of this information should rely on information/data arising out of their own investigations. Before making any investments, the readers are advised to seek
independent professional advice, verify the contents in order to arrive at an informed investment decision. None of the Sponsor(s), the Investment Manager, the Trustee, their respective directors, employees, associates
or representatives shall be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this
material.
Nifty Apr 2025 Futures stood at 23,438.95, a premium of 106.60 points
above the spot closing of 23,332.35. The turnover on NSE’s Futures and
Options segment fell to Rs.6,233.83 crore on April 02,2025, compared with
Rs. 3,31,114.90 crore on April 01,2025.
The NSE Put-Call ratio remained unchanged compared with the previous
session’s close of 0.9.
The Nifty Put-Call ratio stood at 0.96 compared with the previous session’s
close of 0.76.
Open interest on Nifty Futures stood at 14.52 million, compared with the
previous session’s close of 14.63 million.
Bond yields fell significantly as market participants welcomed the RBI’s debt
purchase plan for Apr 2025. The central bank will buy bonds worth Rs.
80,000 crore in four tranches of Rs.20,000 crore each, starting from Apr 3,
2025.
Yield on the 10-year benchmark paper (6.79%GS 2034) fell by 10 bps to
close at 6.48%as compared to the previous close of 6.58%.
Reserve Bank of India conducted the auction of 91 days, 182 days and 364
days Treasury Bills for an aggregate amount of Rs.19,000 crore for which
the full amount was accepted, and the cut-off rate stood at Rs.98.4532
(YTM: 6.3017%), Rs.96.9576 (YTM: 6.2930%) and Rs.94.0910 (YTM:
6.2973%), respectively.
The Indian rupee weakened in spot trade against the U.S. dollar amid
uncertainty over trade tariffs.
The euro rose against the U.S. dollar ahead of the President’s tariff
announcement.
Gold prices rose, supported by safe-haven demand, as markets braced for
the U.S. President’s latest tariff plans later in the day.
Brent crude oil prices (spot) rose despite concerns that new U.S. tariffs may
drag on global growth and weigh on fuel demand.
The U.S. private sector employment rose by 155,000 jobs in Mar 2025,
following a revised rise of 84,000 jobs in Feb 2025,as reported by payroll
processor ADP.
The U.S. factory orders increased by 0.6% in Feb 2025, following a revised
rise of 1.8% in Jan 2025,as reported by the Commerce Department.
Markets for You