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Date: 02-apr-2025
The Nifty 50 benchmark ended on a positive note today, April 2, 2025, closing at 23,332.35, up by +166.65 points (+0.72%) as of 3:30 PM. The index opened at 23,192.60, reached an intraday high of 23,350.00 and a low of 23,158.45. Trading volume for the day stood at 340.97 million.
Today’s rally was supported by gains across several sectors, with FMCG, Consumer Durables, IT, and Realty stocks showing notable strength. Investor sentiment remained cautiously optimistic ahead of potential disruptions from U.S. "Liberation Day" tariffs, which could spark global trade friction.
While global investors exercised caution in anticipation of geopolitical developments and U.S. trade policy updates, Indian indices managed to maintain upward momentum. Analysts credit this to robust domestic fundamentals, improved earnings outlook, and selective FII inflows.
Looking ahead, market participants will closely monitor the upcoming U.S. tariff announcements, crude oil price movements, and RBI’s stance in the upcoming monetary policy. If domestic indicators remain stable and global cues don’t escalate negatively, Nifty 50 may aim for the next resistance near 23,500. However, profit booking is also expected near these levels, and support is seen around 23,000.
Investors are advised to stay stock-specific and adopt a cautious strategy while entering new positions until further clarity emerges from global macro developments.
Date: 02-Apr-2025
South Korea’s LG Energy Solution will pay $2 billion to acquire assets from its Michigan EV battery venture with General Motors. The deal, set to close by May 31, may adjust after due diligence.
Date: 02-Apr-2025
South Korea’s LG Energy Solution will pay $2 billion to acquire assets from its Michigan EV battery venture with General Motors. The deal, set to close by May 31, may adjust after due diligence.
04 Apr 2025
