US Markets roiled as ‘Trump rips Fed Chair Powell, reigniting investor worries’ 🤜🤛 In a Truth Social post, Trump referred to Powell — “Mr. Too Late, a major loser”

Investor confidence was also dented by a lack of progress on global trade 🙁

🇺🇸 Markets on Monday
DowJones -2.48%
Nasdaq -2.55%
S&P500 -2.36%

“Magnificent Seven” tech titans dragged
Tesla -5.8% , Nvidia -4%
Amazon -3% , Meta Platforms -3.4%

Caterpillar also -2.8%

Other Assets
💲 Dollar Index at 98.4, hitting a three-year low
🪙 Gold at 3425$/ounce, soared to record highs
🇺🇸 10 year yields at 4.41%
⛽️ Brent crude at 66.6$/barrel
💸 Bitcoin at 87225$

What to track on Tuesday?
Eco data👉 Manufacturing survey results from the Richmond Fed
Fed Speeches👉 Several Fed officials including Fed Vice Chair Philip Jefferson, Minneapolis Fed President Neel Kashkari and Fed Governor Adriana Kugler
Earnings front 👉 Lockheed Martin & Tesla

GIFTNifty lower, indicates a start in the red for the Indian market
US imposes new duties as high as 3,521% on solar imports from SoutheastAsia
RBI amends liquidity coverage ratio norms, halves digital deposit buffer to 2.5%
RBI announces amendments to Liquidity Coverage Ratio (LCR) framework
Amendments to come into force w.e.f April 1, 2026
RBI says all the banks would continue to meet the minimum regulatory LCR requirements comfortably

360ONE WAM collaborates with UBS on Wealth Management in India & International markets

Premier, WaareeEnergies shares in focus after US action on Southeast Asian imports

Whirlpool Corporation ropes in Goldman Sachs for part stake sale process in Indian arm
Whirlpool Corporation holds a 51% stake, and a sell-down to approximately 20% stake would mean dilution of 30%, which translates into a valuation of ₹4,164 crore at current levels.

Brigade Enterprises | Realty firm said it has entered into a Joint Development Agreement (JDA) for a plotted development project in Malur, East Bengaluru.

Coal India | State-owned company said it has partnered with Damodar Valley Corporation (DVC) to develop a 1,600 MW (2×800 MW) ultra-supercritical thermal power plant in Jharkhand.

HUL | The company announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Limited

Tata Investment | Non-banking financial company reported a 37.7% year-on-year (YoY) decline in net profit at ₹37.7 crore

Anant Raj Q4 net profit jumps over 51% to more than ₹118 cr

Metal Stocks To Watch
India imposes 12% safeguard duty on certain steel products for 200 days
Government imposes 12% safeguard duty on import of non-alloy and alloy steel flat products

Former Religare, Fortis promoter Shivinder Mohan Singh moves NCLT for personal Bankruptcy

FIIs net buy ₹1,970.17 crore
DIIs net buy ₹246.59 crore

Tata Power Renewable Energy' signs Power Purchase Agreement (PPA) with Tata Motors to set up 131 MW wind-solar hybrid project

Mahindra Logistics Q4
Net Loss At ₹7.8 Cr Vs Loss Of ₹12.9 Cr (YoY)
Revenue Up 8.2% At ₹1,569.5 Cr Vs ₹1,450.8 Cr (YoY)

Anant Raj Q4
Net Profit Up 51.5% At ₹118.6 Cr Vs ₹78.3 Cr (YoY)
Revenue Up 22.2% At ₹540.7 Cr Vs ₹442.6 Cr (YoY)

Himadri Speciality Q4
Net Profit Up 35.1% At ₹155.6 Cr Vs ₹115.2 Cr (YoY)
Revenue Down 3.6% At ₹1,134.6 Cr Vs ₹1,177 Cr (YoY)

Paytm Money reduces interest rates and brokerage charges for pay later

M&M : Mahindra Group announces senior leadership appointments across businesses

JSW Energy to commission two wind blade plants in 2025, aims to reduce imports

Nureca gets Punjab Government’s formal approval for setting up a new manufacturing facility in Sundra, Punjab.

CLSA on Chola Investment & Fin
Downgrade to Hold, TP Rs 1600

GS on Consumer Sector
See a few catalysts which could trigger a gradual revival in consumption growth in FY26
Preferred stocks
GCPL, Tata Consumer/Marico within consumer staples
Titan/Trent (market share led growth)
Pidilite(non-core biz expansion)

UBS on Consumer Sector
Key Ideas
Prefer DMART & Trent as income stimulus plays
As turnaround stories, favour HUL & GCPL
View Colgate & Britannia as at an inflection point
See appealing value in ITC
Least prefer Asian Paints, Dabur & Jubilant

Jefferies on Banks
RBI has eased LCR norms
Per RBI, these will release 6ppt of liquidity from 1 Apr '26, equating to Rs3-3.5trn vs Rs6-7trn of consumption per last draft (i.e., Rs10trn of swing).
Benefits for banks may vary; PSUs, old & large pvt bks may gain more

MS on Steel
Govt. has imposed a 12% safeguard duty ad valorem on non-alloy & alloy flat steel products on a provisional basis for a period of 200 days effective today
Govt. has also introduced threshold prices at & above which this duty is not applicable

TOP 15 Stocks In Focus 22-04-25

1-HDFCBANK/ICICI
2-SBI/BOB/CANBK
3-DMART/TRENT
4-COALINDIA
5-HINDUNILVR
6-NATIONALUM/HINDALCO
7-TATASTEEL/JSWSTEEL/JSPL
8-TATAPOWER/JSWENERGY
9-M&M
10-ANANTRAJ/HSCL
11-TATAINVEST/PAYTM
12-MAHLOG
13-360ONE
14-WHIRLPOOL/DIXON
15-BRIGADE

Market opens with minor gains, metal cos higher

#RBLBank #LargeTrade | 2.3 Cr shares (3.9% Equity) Change Hands At ₹188/Sh Via Block Deals

--Sources Say, British Intl Invst Likely To Have Sold Its Entire 3.8% Stake Via Block Deals

--Both FIIs & DIIs Have Participated In #RBLBank's Block Deals

Senco, Kalyan in focus as International gold price hits $3,500/oz, Gold on MCX near ₹1 Lk/10 gm

Metal cos higher after govt imposes 12% safeguard duty on alloy, non-alloy steel imports

#IndusIndBank top Nifty loser on reports of roping in #EY to conduct another audit

#RBLBank recovers 5% from intra-day lows, British Intl Invst has likely sold entire stake via block, both FII, DII likely to have participated

Premier, Waaree Energies shares gain up to 3% after US action on Southeast Asian imports

SJVN sees sharp surge by 5%

HeroMoto open 4% lower:
Jefferies downgrades stock to Underperform from Buy; Cut TP to Rs 3200 from Rs 5075

Dixon Tech up 6% on rpts of Alphabet moving some production to India from Vietnam

PoonawallaFin enters consumer durables loans mkt to accelerate customer acquisition & unlock high-yield growth