Indian benchmark indices Sensex and Nifty closed lower on Thursday, weighed down by selling in IT stocks amid a global market sell-off. The downturn came after US President Donald Trump announced reciprocal tariffs on around 60 countries, including India. The BSE Sensex dropped 322.08 points (0.42%) to end at 76,295.36, while the NSE Nifty slipped 82.25 points (0.35%) to settle at 23,250.10.
Today, as trading resumes, several stocks are expected to remain in focus:
Key Stocks to Watch Today (April 4, 2025):
- HDFC Bank: Reported the best deposit growth in four quarters and the highest loan growth in five quarters.
- Bandhan Bank: Q4 deposits grew by 7.24% YoY, with CASA up 6% QoQ.
- Bajaj Finance: YoY AUM growth hit an 8-quarter low; new loans fell 11.13% QoQ.
- L&T Finance: Retail disbursals declined by 2%, while retail loans increased by 3.15% QoQ.
- RBL Bank: Business growth at its weakest in 10-11 quarters, but CASA ratio improved.
- Yes Bank: Witnessed the weakest YoY deposit growth in 17 quarters and weakest QoQ loan growth in six quarters.
- ONGC/OIL: Crude oil prices tumbled below $70/bbl due to an OPEC+ output hike and new US tariffs.
- Vedanta: FY25 aluminum production rose 2% YoY, while Q4 international zinc production jumped 52% YoY.
- Avenue Supermarts (DMart): Standalone revenue increased by 16.6% YoY; added 35 new stores in Q4.
- Adani Wilmar: Achieved 7% volume growth and a 36% revenue rise in Q4.
- SH Kelkar: FY25 consolidated revenue grew 15% YoY, with limited export sales to the US.
- UltraTech Cement: Board approved the acquisition of Wonder WallCare for an enterprise value of ₹235 crore.
- GR Infraprojects: Won an arbitral award worth ₹106 crore with a 12% interest component.
- Mazagon Dock Shipbuilders: The government plans to sell up to a 4.83% stake via OFS at an 8% discount to CMP.
- Jupiter Wagons: Its subsidiary secured land for Odisha’s first rail wheel & axle unit.
- IEX (Indian Energy Exchange): Q4 traded electricity volume rose 18% YoY, while the market clearing price in DAM dropped 9% YoY.
- Angel One: Client acquisition slowed for the third consecutive month.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
