Market News Today: Latest Financial Trends & Stock Insights
“Explore our blog for regular Market news, financial strategies, risk management tips, and insights into stock investment to empower your financial journey.”
5/8/20243 min read
📉 Market Overview (USA)
🇺🇸 US Markets closed negatively:
Nasdaq ↓ 3.07%
S&P 500 ↓ 2.24%
📉 Fed Chair Jerome Powell: No rush to cut interest rates.
🌐 Global Indicators
💵 Dollar Index: 99.29
🛢️ Brent Crude: $66.07
💸 US 10-Year Bond Yield: 4.28%
📊 Quarterly Earnings Update (Q4FY25)
🟰 Wipro: Inline results, guidance cut from 3.5% ➡️ 1.5%
📉 Angel One: Weak earnings
📅 Earnings today:
INFY
HDFC AMC
HDFC Life
🇮🇳 Domestic Updates
🛢️ India to end taxes on US Ethane & LPG imports
Positive for: Reliance, Petronet LNG, GAIL, ONGC
📉 GIFT Nifty: Indicates a gap-down opening of ~50 points
💰 Institutional Activity
📈 FII: Bought ₹3950 Cr
📉 DII: Sold ₹2550 Cr
📍 Technical Levels
🧾 Nifty
Support: 23000
Resistance: 23500
🏦 Bank Nifty
Support: 52000
Resistance: 53500
📌 Stocks to Watch (Buy Side)
🏦 HDFCBANK
🔋 EXIDE
⚡ NTPC
The above information is for educational and informational purposes only and should not be considered as financial advice. Stock market investments are subject to market risks, and past performance is not indicative of future results. Please conduct your own research or consult a financial advisor before making any investment decisions. 📊📉📈
BJP's Delhi win could boost short-term market sentiment.....Learn more
Metal stocks struggle amid worries over Trump tariffs....Learn more
Grasim, NALCO, Apollo Hospitals, Escorts Kubota | Stocks on Radar...Learn more
Stock Market Crash Recovery
1. Harshad Mehta Scam (1992)
- Crash: 54%
- Recovery: 2 Yrs & 4 M
2. Dotcom Bubble Burst (2000)
- Crash: 56%
- Recovery: 2 Yrs & 3 M
3. Financial Crisis (2008)
- Crash: 61%
- Recovery: 1 Year & 8 M
4. COVID Crash (2020)
- Crash: 38%
- Recovery: 8 Months
Market crashes are inevitable, but history proves they always recover and return stronger than ever 💪🏻
India’s Defence Sector: Ready for Take-off! 🚡
Top Defence Picks -
🔸 HAL (TP: ₹ 4,800)
🔸 Bharat Electronics (TP: ₹ 355)
🔸 Data Patterns (TP: ₹ 1,820)
🔸 Astra Microwave (TP: ₹ 890)
The defence outlay is set to rise sharply, creating huge opportunities for companies, both domestically and via exports
WHITE HOUSE:
TRUMP SIGNED AN ACTION TO TARIFF CHINA AT 20%.
TRUMP: I WILL CONSIDER A FREE TRADE AGREEMENT WITH ARGENTINA.
TRUMP: NO ROOM LEFT FOR DEAL ON TARIFFS ON MEXICO, CANADA.
TRUMP: RECIPROCAL TARIFFS TO BEGIN FROM 02ND APRIL.
(TARRIFS SCHEDULE REMAINS UNCHANGED AS TRUMP NOT CHANGED MIND TO DIFFER OR LOWER TARIFFS,)
This refers to significant liquidity measures taken by the Reserve Bank of India (RBI) to stabilize the financial system and support the economy:
1. Rs 1,00,000 Crores via OMOs (Open Market Operations):
- The RBI is purchasing government securities through OMOs to inject liquidity into the banking system. This helps improve cash flow and ensures that banks have sufficient funds to lend, which can boost economic activity.
2. Rs 87,000 Crores via Forex Swap:
- The RBI is conducting a USD/INR forex swap, where it buys dollars and injects rupees into the system. This move not only adds liquidity but also helps manage currency volatility and stabilize the Indian Rupee.
3. Impact on Bears:
- "Bears" refers to market participants who expect prices to fall. These liquidity measures can lead to a rally in the stock market, forcing bearish traders to cover their positions (buy back shares to limit losses).
4. USD Index Collapse:
- The USD Index falling below 1.05 indicates a weakening U.S. Dollar. This gives the RBI more flexibility to implement such measures without putting excessive pressure on the Rupee.
In summary, the RBI is taking aggressive steps to inject liquidity and stabilize markets, which could lead to a positive impact on equities and other asset classes.
