Tag: IndianStockMarket

Stock Market Holiday on Maharashtra Day: What Investors Need to Know

Amid the volatile trade session on Dalal Street, some Indian stock market observers and investors might feel confused about whether trade activity will occur tomorrow. The primary reason for this confusion is the Maharashtra Day celebrations across the state on 1 May 2025. As Maharashtra Day is a state holiday commemorating the formation of the State of Maharashtra in India, the BSE and National Stock Exchange (NSE), which are based in the capital of Maharashtra, are expected to celebrate the state holiday. Therefore, some stock investors and Dalal Street observers are confused about whether there will be a stock market holiday on Thursday or whether trade activity will continue as usual on 1 May 2025.

To avoid confusion, investors and stock market observers are advised to look at the stock market holidays 2025 list on the official BSE website — bseindia.com. On top of the website, one can click on the Trading Holidays toolbar. Find out the list of stock market holidays in 2025. This list mentions that the Indian stock market will remain closed on 1 May 2025 for Maharashtra Day 2025. This means NSE and BSE will remain closed on Thursday.

This means there will be no trading activity on Thursday. According to the stock market holidays 2025 list, available on the BSE website—bseindia.com—trading in the Equity Segment, Equity Derivative Segment, and SLB Segment will remain closed on 1 May 2025. Trade activity in the Currency Derivatives Segments will also remain suspended on Thursday. Trading in the NDS-RST and Tri-Party Repo segments will also remain closed tomorrow.

In the Commodity Derivatives Segment and Electronic Gold Receipts (EGR) Segment, trading activity will remain closed during the morning shift from 9:00 AM to 5:00 PM. However, trading will resume at 5:00 PM on Thursday after Wednesday’s usual closing time.

Stock market holidays in May 2025

Maharashtra Day will be the only stock market holiday in May 2025. This means this week will once again be a truncated week for the Indian stock market, as the holiday falls on Thursday this week for Maharashtra Day celebrations.

Stock Market Holidays 2025

There will be no stock market holidays in June and July 2025, as the next stock market holiday after 1 May 2025 is 15 August 2025, which is Independence Day. In August 2025, one more stock market holiday will be after Independence Day, which is Ganesh Chaturthi, which is 27 August 2025.

Three stock market holidays will fall in October 2025 — 2 October 2025 for Mahatma Gandhi Jayanti / Dussehra, 21 October 2025 for Diwali, and 22 October 2025 for Diwali Balipratipada. After this, two more stock market holidays will fall in 2025: 5 November 2025 for Prakash Gurpurb Sri Guru Nanak Dev and 25 December 2025 for Christmas.

Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.

Indian Stock Market Surge: Key Reasons Behind 4700-Point Jump

The Indian stock market has skyrocketed for the last four days, paring most losses due to Trump’s tariffs. After the announcement of a 90-day tariff pause by Trump, the Indian stock market experienced a participatory rally in all four sessions post-tariff pause announcement. In these four successive sessions, the Nifty 50 index surged from 22,399 to 23,851 — logging a 1,450-point gain. On Thursday, the 50-stock index finished 414 or 1.77% higher, logging the highest weekly rise of 4.48% since 5 February 2021. The BSE Sensex has risen from 73,847 to 78,553 in the last four sessions, logging a nearly 1,700-point gain.

Speaking on the bull run on Dalal Street, Bajaj Broking said, “Benchmark indices witnessed a strong rally during the previous week, rallying 4.5% amid firm global cues and sustained foreign fund inflows. Banking stocks were the standout performers, rallying on easing CPI data and a normal monsoon forecast, which boosted hopes of a deeper rate cut cycle by the Reserve Bank of India. US President Donald Trump announced tariff exemptions for smartphones and computers and signalled a possible pause on auto tariffs, which boosted sentiments.”

Why did the Indian stock market rise for four days?

According to stock market experts, the initial rally in the Indian stock market was due to Trump’s tariff pause. However, the rally was extended for four straight sessions for various other reasons, which developed post-tariff pause announcements. Those post-tariff pause developments include India-US officials’ engagements in a trade deal, the possibility of an India-China trade deal, the buzz for a trend reversal in FII’s investment pattern, triggers for economic reforms in India, weak US dollar, selling in the US bonds and equities, and forecast for normal monsoon in India.

Stock market rally: Top 5 reasons

When asked about the top five reasons fueling the Indian stock market for the last four straight sessions, experts attributed bulls’ outperformance of bears on Dalal Street to the Indo-US trade deal, the India-China trade deal, the buzz for trend reversal in FIIs’ investment pattern, economic reforms in India, and normal monsoon forecasts in India.

1] Indo-US trade deal: “The initial rally on Dalal Street was mainly due to the announcement of a 90-day pause in Trump’s tariffs. However, fast developments post-pause have played an important role in the extension of Dalal Street’s rally, as Indian officials are visiting the US this week to initiate trade deal talks. Later, the announcement of the US Vice President visiting India amid rising US-China trade war tension has fueled hope for an Indo-US trade deal ahead of the expiry of 90 days of Trump’s tariffs pause. They have a valid reason to keep their hopes alive as the one percent reciprocal tariff imposed by the US is expected to hit the US economic growth by 0.10 percent. So, the US is also proactive in striking a trade deal with friendly nations like India,” said Avinash Gorakshkar, Head of Research at Profitmart Securities.

2] Buzz for India-China trade deal: “Out of the 10 busiest trade routes in the world, the US has a presence in eight of these 10 routes, while China has a presence in five of these 10 trade routes. India has a presence in just one out of these 10 trade routes. So, the Indian government is also initiating talks with the Chinese government to reach out for a possible India-China trade deal amid rising trade war tension between the US and China. Like the US, China is also keen to compensate for the losses due to Trump’s tariffs. So, the market expects Washington-like urgency in Beijing while initiating trade deal talks with India,” said Avinash Gorakshkar.

3] Economic reforms in India: “In recent years, the Indian government has become a little bit protectionist in its economic policy. After the shift in trade patterns in global merchandise, New Delhi is engaging with various captains of commerce in India, and they have suggested the Indian government open the Indian market a little bit. So, the market is expecting the next phase of economic reforms in Modi 3.0, which has fueled bulls’ sentiment in the recent market rally,” said Anshul Jain, Head of Research at Lakshmishree Investment and Securities.

4] Buzz for trend reversal in FIIs’ investment: Pointing towards FIIs’ buying, Sandeep Pandey, Founder of Basav Capital, said, “FIIs have remained net buyers on all trade sessions last week, which is evident as weak US dollar, selling pressure in the US bond and the US equity market has formed US investors to look at assets beyond borders. Trade war tension is very high between the US and China, so they are moving towards India. In a truncated last week, FIIs bought Indian shares worth ₹14,670 crore in the cash segment. This buying has triggered buzz for a trend reversal in FIIs’ investment pattern.”

5] Normal monsoon forecast in India: “The IMD has predicted above-normal monsoon, which is expected to enhance rural income and keep the inflation under control. So, the market is expecting a better GDP and economic print in upcoming quarters, leading to a better quarterly season. This could also be a reason for the market to discount the monsoon forecast in the current market scenario,” said Avinash Gorakshkar of Profitmart Securities.

Impact of US Fed Policies on Indian Stock Market Explained

The trade war triggered by former US President Donald Trump’s tariff policies has fueled significant uncertainty, not just about the US economy, but about global economic growth as well. The situation is so unpredictable that even the US Federal Reserve Chair Jerome Powell appears to be clueless about the impact of Trump’s tariff policies on the world’s largest economy.

Reuters quoted Powell describing the US administration’s tariff plans as “fundamental changes,” which offer little historical precedent for businesses or economists to model.

“These are very fundamental policy changes. There isn’t a modern experience of how to think about this,” Powell said.

US Fed Flags Heightened Uncertainty, to Wait for More Clarity

Last Wednesday, at the Economic Club of Chicago, Powell warned that Trump’s tariff policies could drive up inflation and unemployment.

According to Reuters, Powell underscored the risk of a complex scenario of higher consumer prices due to tariffs along with subdued economic growth and a weakening labour market, which could result in inflation and employment deviating from the US Fed’s goals.

The central bank’s chief hinted that interest rates might not come down in the near term.

The central bank would remain patient and wait for more clarity on the economic outlook before considering any changes to interest rates,” Reuters quoted Powell as saying.

US Fed’s Hawkish Tone: What Does It Mean for the Indian Stock Market?

Powell’s hawkish tone goes against market expectations of swift rate cuts amid concerns about a looming recession in the US.

However, this is unlikely to affect sentiment in the Indian stock market significantly. This was evident in market performance, with the Sensex rising 2 per cent on Thursday following Powell’s remarks.

The US Federal Reserve’s remarks on Wednesday appeared to be more hawkish than what the market had anticipated, which was largely expecting a neutral stance,” Narendra Solanki, Head Fundamental Research – Investment Services, Anand Rathi Shares and Stock Brokers, observed.

Despite this shift, I believe India remains relatively insulated from the immediate impact of these developments. This is primarily because the current inflationary pressures in the US seem to be driven more by domestic policy dynamics and localized demand-supply mismatches rather than global macroeconomic factors,” Solanki added.

Experts highlight India’s healthy macroeconomic situation at the current juncture. Inflation is below 4 per cent and is expected to remain around that level in FY26. GDP growth is projected at above 6 per cent for the current financial year, supported by expectations of a normal monsoon.

Experts expect the Reserve Bank of India to cut rates further due to favorable inflation-growth dynamics.

From India’s perspective, we are currently in a 90-day pause period with respect to the US tariffs policy, providing the Reserve Bank of India (RBI) with some breathing space to monitor global developments while focusing on domestic indicators. Given the current trajectory of inflation and economic activity in India, we may expect at least one rate cut by the RBI within this window,” said Solanki.

The US Fed may not be an immediate trigger for the market. Instead, the focus will be on the March quarter (Q4) earnings, which will dictate market sentiment.

We do not foresee any immediate downside risks to rate-sensitive sectors in the near term stemming from the US Fed statement. Instead, the short-term performance of these sectors is more likely to be influenced by the outcome of Q4 earnings, which will be a key driver for investor sentiment and sectoral movement in the upcoming weeks,” Solanki said.

According to Sneha Poddar, AVP, research analyst- broking and distribution at Motilal Oswal Financial Services, if there is a tariff-induced rise in US inflation, the Fed may delay any further rate cut or even consider interest rate tightening. This could cause FIIs to withdraw from Indian equities, putting pressure on the broader market.

The Fed’s interest rate decisions have a cascading effect on Indian rate-sensitive stocks through capital flows, currency valuation, and domestic interest rates.

The impact on rate-sensitive stocks depends on the reactions of central banks (both in the US and India) over the next three to six months, wherein they are expected to offer more conciliatory alternatives to resolve the current complex global economic landscape,” said Poddar.

On the other hand, Poddar believes India could be an incremental beneficiary of any reversal in FII flows if global investors grow increasingly concerned about a potential US economic slowdown in the coming quarters.

Poddar noted that the evolving situation regarding global liquidity and FII flows will be an important determinant of stock market performance.

Aegis Vopak Terminals Secures SEBI Approval for Rs 3,500 Crore IPO

Logistics company Aegis Vopak Terminals Limited has received the final nod from the Securities and Exchange Board of India (SEBI) to launch its much-anticipated initial public offering (IPO) worth Rs 3,500 crore.

Incorporated in 2013, the Mumbai-based company is a strategic joint venture between Aegis Logistics Limited India and Royal Vopak of the Netherlands, operating across 6 key Indian ports like Haldia, Kandla, Pipavav, JNPT (upcoming), Mangalore, and Kochi along the east and west coasts of India. The company primarily deals with storage and transportation of LPG, oil, liquid chemicals, petrochemicals, gases, bitumen, and vegetable oil products.

Seshaasai Technologies IPO Gets Green Light By SEBI: Rs 600 Cr Fresh Issue + Major OFS Announced

Aegis Vopak Terminals submitted its draft papers for an IPO with SEBI in November 2024. Following this, the market regulator issued an observation letter on the IPO proposal on April 7, 2025, enabling the company to move ahead with its IPO plans within a year from that date. According to the Draft Red Herring Prospectus (DRHP), the IPO will comprise entirely of a fresh issuance of equity shares with a face value of Rs 10 each from Aegis Vopak Terminals. The shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The company intends to utilize the proceeds from the IPO, excluding issue expenses, for debt repayment, capital expenditure related to the acquisition of the cryogenic LPG terminal at Mangalore, and for other corporate-related general expenses.

Tata Capital IPO: Tata Group’s Financial Arm Files DRHP For Rs 15,000 Crore Market Debut

The issue will be managed by a consortium of lead book-running managers – ICICI Securities, BNP Paribas, IIFL Capital Services, Jefferies India, and HDFC Bank. Meanwhile, Link Intime India Private Limited has been appointed as the registrar for the same.

In a related development, Seshaasai Technologies, which provides payment, communication, and fulfillment, and IoT solutions, also got a nod from SEBI to launch an IPO, which will be a combination of fresh issuance of equity shares worth Rs 600 crore and an offer-for-sale of 78.74 lakh shares by promoters Pragnyat Pravin Lalwani and Gautam Sampatraj Jain.

The technology solutions provider had filed a draft red herring prospectus with the capital market regulator for its IPO on December 27 last year. The merchant bankers handling the public issue will be IIFL Capital Services, ICICI Securities, and SBI Capital Markets.

Seshaasai Technologies will utilize the proceeds from the issue for the expansion of its current manufacturing units, repayment or prepayment of outstanding debts, and for other corporate-related general purposes. Meanwhile, the market regulator has put the proposed IPO of WeWork India Management Ltd, a provider of flexible workspace solutions, under review.

Additionally, the IPO draft papers of stainless-steel products manufacturer Rajputana Stainless were returned by SEBI on April 11. The Gujarat-based company planned to raise funds through a combination of a fresh issue of 1.9 crore equity shares and an offer-for-sale of 35 lakh shares by promoter Shankarlal Deepchand Mehta.

Nifty Midcap & Smallcap Rockets 16%: Decoding India’s Market Outperformance

 Nifty Midcap and Smallcap indices surge up to 16% in 6 sessions due to global trade relief

Indian markets have strongly recovered in recent sessions despite global and Asian market volatility, driven by domestic factors like easing food inflation and RBI rate cuts.

Tariff negotiations between India and the United States are progressing, while China and the US are engaged in a trade war, offering India an advantage.

The broader markets led the recent recovery, with Nifty Midcap 100 gaining 11.45% and Nifty Small cap 100 rallying 16% from April 7 lows. Nifty 50 and Sensex also surged over 7.5%. Overseas investors returned to the Indian stock market after nine sessions, buying ₹6,065 crore worth of Indian stocks through exchanges.

The 90-day pause in 26% reciprocal tariffs by US President Donald Trump has boosted export-oriented sectors like chemicals, textiles, and auto ancillaries. Fisheries stocks and EMS stocks have also reacted positively.

India and the United States are actively discussing a bilateral trade agreement, aiming for finalization by September or October 2025.

The United States is India’s largest trading partner, with over $118 billion in bilateral trade in 2023–24. India aims to double this to $500 billion by 2030.

India has decided to pursue trade liberalization with the US. Virtual discussions will start this month, with in-person talks in mid-May.

## EMS, chemical stocks are top gainers in recovery rally

Electronic Manufacturing Services (EMS) stocks have surged due to optimism about benefiting from US tariffs on Chinese imports.

Kaynes Technology shares gained 17.3% last week, while Dixon Technologies also rallied over 17%. Chemical stocks have also gained sharply.

Other mid- and small-cap stocks, including Data Patterns (India), Mazagon Dock Shipbuilders, Apollo Tyres, Premier Energies, SAIL, and Solar Industries, have gained between 5% and 10% in the past week.

Dr. V.K. Vijayakumar of Geojit Financial Services advises caution, noting potential volatility due to the ongoing US-China trade war.

Nifty Midcap and Smallcap indices jump up to 16% in 6 sessions on global trade relief

Stock market today: Indian markets have made a stellar comeback in recent sessions despite the continued volatility in the global and Asian markets, as domestic-focused factors such as easing in food inflation and rate cut by the RBI have made bulls take charge of the markets.

Further, the tariff negotiations between India and the United States are picking up speed, even as China and the US are engaged in a bitter and acrimonious war, which top government sources say India is looking to take advantage of.

The recent recovery rally was led the broader markets, with Nifty Midcap 100 index gaining 11.45% from April 07 lows, while its peers, Nifty Small cap 100 even gained higher, rallying 16% in the same period.

The frontline indices — Nifty 50 and Sensex — have also surged over 7.5% from their April 7 lows, another positive boost to the markets came as overseas investors returned to the Indian stock market after being net sellers for nine consecutive trading sessions. They bought ₹6,065 crore worth of Indian stocks through exchanges. 

The 90-day pause in the 26% reciprocal tariffs by US President Donald Trump has significantly boosted export-oriented sectors such as chemicals, textiles, and auto ancillaries. In addition, fisheries stocks have also made a strong comeback, while EMS stocks have reacted positively to the tariff pause.

Meanwhile, India and the United States are actively advancing discussions on a bilateral trade agreement, aiming to finalise the initial phase by September or October 2025.

The United States remains India’s largest trading partner, with bilateral trade exceeding $118 billion in the 2023–24 period. India has expressed its intent to double this figure to $500 billion by 2030.

“India has decided to go for a path of trade liberalisation with the US,” trade secretary Sunil Barthwal told reporters on Tuesday, April 15. India and the US will start virtual discussions this month, with the next round of in-person talks scheduled for mid-May, added Rajesh Agrawal, additional secretary in the trade ministry.

EMS, chemical stocks emerge as top gainers in recovery rally

Stocks in the Electronic Manufacturing Services (EMS) sector have surged in the recent market rebound, driven by investor optimism that the sector is well-positioned to gain from the steep US tariffs on Chinese imports.

Kaynes Technology saw its shares gain 17.3% in the last week, while shares of Dixon Technologies also rallied over 17% during the same period. Chemical stocks have also gained sharply in recent sessions. 

Other mid- and small-cap stocks, including Data Patterns (India), Mazagon Dock Shipbuilders, Apollo Tyres, Premier Energies, SAIL, and Solar Industries, have also gained between 5% and 10% in the past week.

Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said, “The market is indicating calm after the storm. But investors should not jump to the conclusion that stability has returned and that the market is poised for further upmoves. Since the trade war between the U.S. and China is heating up—following China’s latest decision to halt exports of rare earths and suspend Boeing orders—more actions, reactions, and volatility are on the cards.”