This week, Indian stock markets faced tough discussions about tariffs from US President Donald Trump. Investors were also paying attention to the new Union Budget. Surprisingly, the markets managed to stay positive, something that hasn’t happened in the last few months.
The BSE Smallcap Index had a 0.4% increase, just like the larger Sensex index. During the week, 44 stocks saw their prices jump by over 10%, while 24 stocks dropped by the same amount. Aarti Pharmalabs was the biggest winner, with its price increasing nearly 27%. Other companies like Godfrey Phillips, Vimta Labs, and Eris Lifesciences also performed well, each gaining nearly 20%.
In the mid-cap category, stocks like Castrol India and Abbott India grew by double digits too. Castrol rose by 18%, while Abbott and GlaxoSmithKline Pharma saw increases of 14% and 11%, respectively.
Among the Sensex stocks, IndusInd Bank led the way with a 9% increase, followed closely by Bajaj Finance and Mahindra & Mahindra, each at 7%.
During this week, many companies announced their third-quarter results, which were mostly what analysts had expected. Also, the Reserve Bank lowered key rates by 25, showing it’s focused on helping the economy grow.
Prices have gone up for two weeks in a row, but overall, not much has changed. The market is balanced between buyers and sellers, staying steady for now.
What Should Investors Do?
Looking ahead, experts believe that worries about Trump’s trade policies, a strong stance from the Federal Reserve, and ongoing capital outflows might affect both global and Indian stock markets.
With big events now finished, the focus will shift to the remaining earnings reports, which will give us more clues about how companies are doing.
From a technical viewpoint, a negative sign appeared on daily charts, suggesting that stocks might correct a bit after reaching a certain resistance level. The market could stay between 23,250 and 23,800 points, but breaking out of this range could bring back some energy to the market.
In the meantime, traders are advised to focus on specific stocks and practice strong risk management strategies.
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