The monthly survey stated that India’s manufacturing growth rose to an altitude of eight months in March, which increases rapidly in production conditions between rapid growth in factory orders and production conditions. File | Photo Credit: Paul Noronha
The stock markets were recovered on Wednesday (April 2, 2025), with the benchmark Sensex, before the recent free-falls, the investors shut down over 593 points when they purchased strong macro data and price by investors.
30-Syre BSE Sensex rebounded 592.93 points or 0.78% to settle at 76,617.44. During the day, it increased from 655.84 points or 0.86% to 76,680.35.
NSE Nifty climbed 166.65 points or 0.72% to climb to 23,332.35.
Selected autos, buying prices in banking and IT shares, and India’s manufacturing sector growth is increasing at an eight -month high in March, operating the recovery in domestic stock markets. On Wednesday (April 2, 2025), Sensex had fallen by 1,390 points or 1.80% and Nifty 353 points on Tuesday (1 April 2025) due to FII ahead of FII FII ahead of US tariff announcements.
From the Sensex pack, Zomato jumped about 5%, then Titan climbed about 4%.
IndusInd Bank, Maruti, Tech Mahindra, Adani Ports, Bharti Airtel and HDFC Bank were also among the beneficiaries.
However, Nestle, Power Grid, UltraTech Cement, Bajaj Finserv and Larsen and Toubro were among the legs.
“This optimism was largely inspired by expectations that Tariff will have a minimum impact on the domestic economy, given positive progress in the Indo-US trade talks. Emotions were further reinforced by India’s manufacturing PMI, which reached an eight-month high, which indicates a recovery in Q4Fy25 Corporate Income,” Vinod, Josit, Josit, Josite, Judge of Discussion.
In Asian markets, Tokyo and Shanghai settled in positive areas, while Seoul and Hong Kong were reduced.
European markets were mostly quoted. The American markets were mostly high on Tuesday (April 1, 2025).
A monthly survey on Wednesday (April 2, 2025) stated that India’s manufacturing growth reached an altitude of eight months in March, which increases rapidly in factory orders and production.
The seasonally adjusted HSBC India Manufacturing Manager Index (PMI) was at 58.1 in March, from 56.3 in February, indicates adequate improvement in the region’s health that was above a long -lasting average.
“Despite the global signals mixed around the imminent American tariff, the domestic market experienced a stable profit. This optimism was largely inspired by expectations that the tariff would have the least impact on the domestic economy, looking at the positive progress in the India-US business talks,” said Vinod Nair, Head of Research, Geojit Investments Ltd.
He said that emotions were further reinforced by India’s manufacturing PMI for March, which reached an eight -month height, on the signal of recovery in Q4 FY25 corporate income, he said.
According to exchange data, foreign institutional investors (FII) on Tuesday (April 1, 2025) launched a price of ₹ 5,901.63 crore. Domestic institutional investors (DIIs) were buyers as they bought equity worth ₹ 4,322.58 crore.
“After the fall of Tuesday (April 1, 2025), after a decline of more than half a percent, most of the major areas contributed to recovery, led the benefits with realty, FMCG and banking,” Ajit Mishra – SVP, Research, Risel Broking Limited said.
Global oil benchmark brant crude drowned up to $ 74.40 per barrel by 0.12%.
BSE Benchmark gave 1,390.41 points or 1.80% tank to settle on 76,024.51 on Tuesday (April 1, 2025). The Nifty fell 353.65 points or 1.50% to 23,165.70.
Published – 02 April, 2025 04:48 pm IST
