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Japanese stocks plummeted to their lowest levels since August, driven by fears of a global recession following US President Donald Trump s tariffs. The Nikkei index dropped 2.6%, while the Topix fell 3.5%. Banking shares led the decline, with Mitsubishi UFJ Financial Group falling 10.3% amid concerns over delayed interest rate hikes and economic growth impact.

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Avenue Supermarts, which operates DMart, reported a 16.7% YoY rise in Q4 FY25 standalone revenue, reaching Rs 14,462.39 crore. This marks consistent growth over three years, backed by strong demand and store expansion. The stock surged 20.59% in the last month and is trading above key technical levels, reflecting investor optimism and strong.

Siddhartha Khemka of MOSL highlights promising sectors like NBFCs and US generics, with Sun Pharma and Trent as top picks. He suggests focusing on consumer credit, vehicular finance, and gold financing companies due to high gold prices. The outlook for the market is positive, with a focus on domestic consumption themes post-Q4 results.

The Indian markets showed resilience in March, rebounding from the February downturn, driven by strong domestic liquidity, positive global cues, and expectations of stable economic growth.

Jio Financial Services and BlackRock have jointly invested Rs 66.5 crore in their 50:50 wealth management and broking JV, Jio BlackRock Investment Advisers. The move strengthens their digital-first financial services vision in India. Despite a flat YoY Q3 profit at Rs 295 crore, the stock remains under watch, with a 37% potential upside based on analyst estimates.

India s IT sector faces significant challenges due to Trump tariffs, US recession risks, weak earnings expectations, and broker downgrades. Major IT stocks like TCS, Infosys, and HCL Tech have seen substantial declines, with the Nifty IT index down about 23% from its highs.

YES Bank reported an 8.2% YoY rise in loans to Rs 2.46 lakh crore and a 6.8% jump in deposits in Q4 FY25, with improved CASA ratio and stable asset quality. Q3 net profit surged 164.5% YoY to Rs 612 crore. Despite recent gains, analysts remain cautious, with a Strong Sell consensus and an average target price below current levels.

RBL Bank s total business exceeded Rs 2 lakh crore in the quarter ended March 2025, with total deposits rising by 7% year-on-year. Retail advances grew significantly by 15%, contributing to a retail-to-wholesale mix of 61:39, demonstrating strong growth in retail business.

Shares of oil marketing companies IOC, BPCL, and HPCL declined up to 4.2% as global crude oil prices fell after OPEC+ decided to increase production by 411,000 barrels per day starting May. The decision aims to gradually unwind pandemic-era output cuts and manage supply cautiously.

These 3 stocks close crossing below VWAP April 3

Updated at : 2025-04-04 14:20:02

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When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

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