Date: 09-apr-2025
The Indian stock market opened in the green on April 9, 2025, amid expectations that the Reserve Bank of India (RBI) may announce an interest rate cut to boost the economy. Positive sentiment across banking and FMCG sectors helped lift key indices, despite global uncertainty surrounding U.S. tariffs and economic slowdown fears.
At 9:30 AM IST, benchmark indices were trading higher, driven by selective buying and investor optimism. However, IT and pharma stocks continued to weigh on the broader market due to global headwinds and concerns over U.S. trade measures.
Power Grid led the gainers with a strong uptrend, followed by FMCG giants and auto leaders showing early strength.
IT and pharma stocks bore the brunt of early selling pressure as traders reacted to global trade tensions and earnings concerns.
Investors are cautiously optimistic as they await RBI’s monetary policy statement later in the day. A rate cut is widely expected, which could provide short-term relief to businesses and consumers. Meanwhile, market experts suggest maintaining a balanced portfolio and watching global cues closely.
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Date: 09-Apr-2025
US stock market slips under 5000 points amid rising China tariffs and fears of recession. Investors brace for more volatility.
Date: 09-Apr-2025
US stock market slips under 5000 points amid rising China tariffs and fears of recession. Investors brace for more volatility.