Market Recap: April 7th to April 11th, 2025
Riddhi Siddhi Share Brokers Weekly Wrap: Volatility Peaks as Trump Softens Tariffs (Except for China)
Last week, the markets staged a remarkable rebound from early-week panic. While Nifty ended the week down by -0.33% at 22,829, and Sensex slipped -0.28% to 75,157, the sentiment improved sharply due to President Trump’s rollback on some tariffs—but China still remains a wildcard.
Key Catalyst: Trump’s 90-Day Tariff Pause
- Tariffs on Japan (24%) and South Korea (25%) cut down to 10% for 90 days
- China remains under pressure: Tariffs raised to 125%
- In retaliation, China increased tariffs on U.S. goods to 145%
- The escalation ensures volatility remains the theme going forward
RBI Delivers a Rate Cut Boost
In welcome domestic news, the RBI slashed its repo rate by 25 bps to 6%, citing slowing growth and softening inflation. This is the lowest borrowing cost since November 2022, adding near-term liquidity comfort.
Weekly Index Summary
| Instrument | LTP | Weekly % Change |
|---|---|---|
| Nifty | 22,829 | -0.33% |
| Sensex | 75,157 | -0.28% |
| Bank Nifty | 51,002 | -0.97% |
| Nifty Midcap | 14,268 | +0.20% |
| India VIX | 20.11 | +46.18% ⚠️ |
Global Markets:
- Dow Jones: +4.95%
- Nasdaq: +7.43%
- Bovespa: +0.33%
Commodities & Currency:
- Crude Oil: $61.50 (-0.75%)
- Gold: ₹3,236 (+6.57%)
- Silver: ₹32.27 (+9.12%)
- USD/INR: ₹86.07 (+0.63%)
Sectoral Performance – Riddhi Siddhi Share Brokers View
Bullish Sectors:
- FMCG (+3.55%)
- PSE Index (+1.3%)
- Oil & Gas (+1.27%)
- Media (+1.03%)
- Energy (+0.32%)
- Infra (+0.22%)
Bearish Sectors:
- Realty (-4%)
- Metal (-2.93%)
- IT (-2.3%)
- Pharma (-0.48%)
- Auto (-0.22%)
Stock Market Highlights – Riddhi Siddhi Share Brokers Weekly Picks
Bullish Movers:
- Titan +5.16% – Strong Q4 business update; jewellery demand up
- HUL +5.42%, Nestle +4.39% – FMCG sector surge
- Jio Financial +3.46% – Forays into digital lending
- PowerGrid +3.47% – Defensive buying
Bearish Movers:
- Trent -14.06% – Sharp correction post stellar rise
- Tata Steel -4.96%, Larsen -4.42%, Tata Motors -3.06%
- Tech Mahindra -2.93% – IT sector weakness continues
- IGL -12% – Hit by news of Delhi govt phasing out CNG autos
- Glenmark -8.12% – US drug recalls dent sentiment
Earnings & Corporate Updates
- TCS Q4 FY25: Net profit ₹12,224 Cr (↓1.68% YoY), revenue crosses $30B
- Indigo hits ₹5,265 ATH on strong outlook, plans hotel foray with Accor
- NBCC +7.7%: MoU with RailTel and ₹120.9 Cr new work
- Jubilant Foods reports 34% rise in Q4 revenue
- Siemens India trades ex-demerger as energy unit spins off
- Glenmark, BEL, M&M Finance under pressure due to poor guidance or recalls
What’s Next for Nifty?
With a temporary tariff truce (excluding China), and RBI’s rate cut boost, Nifty’s near-term bias has turned neutral to slightly positive. But volatility will remain due to global tension.
The key resistance remains at 200-DMA (24,056). Sustained move above that could confirm a trend shift.
Long Story Short – Riddhi Siddhi Share Brokers’ Take
💬 “It is not the strongest of species that survives, nor the most intelligent, but the one most adaptable to change.” – Charles Darwin
Markets today reflect this truth.
👉 Instead of timing the market, investors should focus on adaptability and long-term themes. Stay alert, diversify wisely, and look beyond daily noise.
Disclaimer – Riddhi Siddhi Share Brokers
The insights provided in this article are intended for educational and informational purposes only. They are not investment advice. Please consult a certified financial advisor before making investment decisions.
Riddhi Siddhi Share Brokers, a SEBI-registered intermediary, does not guarantee any returns or performance. Investments in securities are subject to market risks. Do your own due diligence before trading or investing.