#Q4WithETNOW | These are some companies set to report their Q4FY25 earnings next week👇#Nifty #EarningsWithETNOW #StockMarket pic.twitter.com/IqirSm9dSt
— ET NOW (@ETNOWlive) April 8, 2025
The Indian stock market experienced a strong rebound today, with the BSE Sensex rallying over 1,200 points and the Nifty50 index closing above the 22,500 mark. This recovery comes after recent market volatility and losses. Investors engaged in bargain buying, taking advantage of lower valuations and looking ahead to the Reserve Bank of India’s (RBI) upcoming rate decision.
The market is optimistic that the RBI might hold interest rates steady amidst global financial uncertainties. The financial sector led the gains, with significant advances in banking stocks. HDFC Bank, one of India’s largest private lenders, saw a 2% rise, while ICICI Bank gained 1.8%.
#OnETNOW | Is IT the next money-maker despite recession fears? Kawaljeet Saluja of Kotak Institutional Securities says a tech upgrade is on, TCS may weather it best, but warns of pricing pressure hitting Infosys, HCL Tech & others hard.
Watch the full interview here:… pic.twitter.com/gEmY4Exlwv
— ET NOW (@ETNOWlive) April 8, 2025
S&P 500 Energy sector now down by 19.5% from its 2024 high
[Past performance is no guarantee of future results] pic.twitter.com/V7k4YcVxwW
— Liz Ann Sonders (@LizAnnSonders) April 8, 2025
Market expert Rakesh Kumar stated, “This rebound is a clear sign that investors are confident about the fundamentals of the Indian economy.”
Analysts believe that the current market volatility presents a good opportunity for long-term investors to enter at lower valuations.
Financial sector leads market rebound
The RBI’s decision, expected later this week, is crucial as it will provide further direction to the market.
However, Indian technology stocks have faced significant setbacks amid the broader market turmoil. Industry giants like Infosys, Tata Consultancy Services, and Wipro have seen their stock prices decline sharply due to factors such as global supply chain disruptions, inflation fears, and rising borrowing costs. The tech sector in India now finds itself navigating through a period of unprecedented volatility.
Companies are likely to face tighter profit margins and increased operational costs, which may result in slower growth trajectories in the near term. Market experts suggest that while the current landscape appears grim, the long-term prospects for India’s tech industry remain robust due to the country’s strong digital infrastructure and continued investments in innovation. As global markets slowly adjust to new economic realities, Indian tech stocks will be closely watched as indicators of the sector’s adaptability and resilience.
This turbulent period may eventually pave the way for more sustainable and balanced growth for the industry in the long run.
