By theindianinvestor Friday, 4th April 2025
Time : 8:15 AM IST
Insights :
4 April Market Insights
1. Nifty declined by 82 points, closing at 23,250.
2. Trump’s tariff announcements have sent shockwaves across global markets.
3. Compared to other emerging markets, India received relatively lower tariff impositions, which is a silver lining amid widespread negative sentiment.
4. This could be why Indian markets outperformed global peers yesterday.
5. The pharma sector was exempted from tariffs, providing a significant boost to the industry.
6. The IT sector was the biggest drag, contributing nearly 100 points to Nifty’s decline.
7. Infosys dropped over 3% and is now down nearly 25% from its all-time high.
8. US markets saw a sharp selloff, with the Dow plunging 4%, Nasdaq nearly 6%, and the S&P 500 tumbling 4.8%—the biggest decline since the COVID crash.
9. European markets fell over 3%.
10. Asian markets are down more than 2% this morning.
11. GIFT Nifty indicates an 80-point gap-down opening for Indian markets. Compared with other Asian markets , GIFT nifty is indicating a decent gap down , but the question is after opening will markets fall further?
12. US 10-year bond yields have dropped to 4%.
13. The Dollar Index has slipped below 102, marking a six-month low.
14. Crude oil is trading below $70 per barrel.
15. FIIs were net sellers in the cash market yesterday, offloading over Rs 2,800 crore, while also unwinding long positions and adding fresh shorts in index futures. Their net short position now stands at 70%.
16. Nifty may find support at 22,950 and face resistance around 23,500.