Markets ended last week on a weaker note, falling nearly 1.5% due to negative global cues, and a similar trend may continue on April 7, 2025. Investors will be closely watching several stocks influenced by international developments, earnings updates, and sector-specific movements.
Global growth concerns pressure key sectors
Sectors with exposure to international markets such as pharmaceuticals, IT, and metals may see selling pressure amid fears of a global trade war and economic slowdown. The ongoing tariff battle, especially under US President Donald Trump’s firm stance, is expected to weigh heavily on export-reliant industries. Stocks like TCS, Infosys, Sun Pharma, and Tata Steel may come under scrutiny due to their US and Europe-linked operations.
Oil prices impact various sectors
Oil-linked sectors are also likely to be in focus. With Brent crude falling over 3% to $63.4 per barrel and WTI near $60, oil marketing companies like HPCL, BPCL, and IOCL could benefit from lower input costs. Paint manufacturers (Asian Paints, Berger Paints, Pidilite) and airline stocks (IndiGo, SpiceJet) may also gain. However, upstream oil producers like ONGC, Oil India, and Reliance Industries might face pressure as declining crude prices hurt revenue.
ITC completed the acquisition of 2,62,500 equity shares in Ample Foods for Rs 131 crore, raising its stake to 43.75%. Tata Motors’ UK arm, Jaguar Land Rover, halted car exports to the US due to a 25% tariff on non-US-made vehicles. Tata Steel’s taxable income was revised upward by Rs 25,185 crore, accounting for the debt waiver during Bhushan Steel’s acquisition.
IndusInd Bank posted a mixed Q4 update, with net advances growing 1.4% YoY but falling 5.2% sequentially. Deposits rose by 6.8% YoY. Meanwhile, Mazagon Dock Shipbuilders will see an additional 1.18% stake offered through the government’s OFS route.
Nykaa expects revenue growth in the low to mid-20s for Q4 FY25, with its beauty vertical outperforming industry averages. AstraZeneca Pharma India received regulatory approval to import Tagrisso tablets. Bajaj Housing Finance reported 26% YoY AUM growth, while Indian Bank saw a 10.1% rise in gross advances.
Force Motors registered an 11.02% YoY increase in domestic sales, though exports dropped sharply. Godrej Properties announced a new project in Versova, Mumbai, with revenue potential of Rs 1,350 crore. Tamilnad Mercantile Bank reported a 9.58% YoY increase in total business, and DCM Ltd approved a $200,000 investment to set up a US subsidiary named DCM Infotech Inc.
