Stock market close highlights: Sensex sheds 930pts, Nifty at 22,860; Metal shares tank 6%, IT 3%

Sensex Today | Stock Market Highlights: Among the broader basket, small-cap shares were the worst hit, as the Nifty Smallcap100 index ended down by 3.56 per cent

3:49 PM

Stock Market LIVE Updates: Market expert view

Stock Market LIVE Updates: The recent implementation of higher-than-anticipated US tariffs has had a significant impact on global markets, triggering a bearish trend as investors assess the broader implications. The likelihood of retaliatory measures against the US has further heightened uncertainty. US bond yields and oil prices are trending downward, reflecting concerns over potential economic slowdown and increased recessionary risks.

 

Domestically, while the direct impact of these tariffs is relatively moderate compared to other major economies, it remains more substantial than initially projected. As Q4 approaches, a sequential improvement in corporate performance is anticipated. However, prevailing weak market sentiment suggests that the phase of consolidation may persist in the near term.

View by Vinod Nair, head of research, Geojit Investments Limited.

3:47 PM

Stock Market LIVE Updates: Technical view

Stock Market LIVE Updates: The Nifty has given a consolidation breakdown on the daily chart, indicating bearishness. Initially, the index found support at the crucial 22,900 level. However, sentiment remains weak, and a further decline from the current level could trigger additional market correction. On the lower end, if Nifty falls below 22,900, it may move toward 22,676. On the higher end, resistance is seen at 23,100. A move above 23,100 would provide a clear signal for a strong uptrend.

View by  Rupak De, senior technical analyst, LKP Securities.

3:39 PM

Stock Market LIVE Updates: Broader markets end lower

Stock Market LIVE Updates: BSE Midcap and Smallcap ended over 3 per cent lower. 

3:37 PM

Stock Market LIVE Updates: Gainers and losers at close

Stock Market LIVE Updates: Tata Motors, Tata Steel, L&T were among the top laggards on Sensex at close. 

3:36 PM

Stock Market LIVE Updates: Nifty50 settles below 23,000

Stock Market LIVE Updates:  NSE Nifty50 closed at 22,904.45, down 345.65 points or 1.49 per cent. 

3:34 PM

Stock Market LIVE Updates: Sensex settles at 75,364.69, down 930.67 pts

Stock Market LIVE Updates: BSE Sensex closed 930.67 points or 1.22 per cent at 75,364.69. 

3:29 PM

Stock Market LIVE Updates: Union Bank of India announces Q4 business update; shares tank 7%

Stock Market LIVE Updates: Shares of Union Bank of India tanked over 7 per cent on Friday to hit an intraday low of ₹121.81 after the public sector lender reported its March 2025 quarter business update. In comparison, the benchmark Nifty50 index was trading 1.47 per cent down at 22,908.40 and Nifty Bank was in green at 51,614.40 with marginal gains of 0.03 per cent at 2:50 PM. 

 

In an exchange filing on Friday, April 4, Union Bank of India reported a 7.82 per cent increase in its total global business to ₹22.92 trillion for the March 2025 quarter (Q4FY25) compared to ₹21.26 trillion in the year-ago quarter (Q4 FY24). Read more 

3:22 PM

Stock Market LIVE Updates: IPO calendar next week: Mainline dry spell continues, 3 SME listings ahead

Stock Market LIVE Updates: The ongoing drought in Indian primary markets is set to persist for another week, as no new public offerings are scheduled to open for subscription in the mainline segment.

This marks a continuation of the current lull, with the small and medium enterprises (SME) platform also remaining largely inactive. However, there will be listings of shares from three companies in the SME segment. Read more 

3:19 PM

Stock Market LIVE Updates: CLSA initiates coverage on Federal Bank, sees 18% upside; stock up

Stock Market LIVE Updates: Despite the overall market weakness, Federal Bank shares rose on Friday, April 4, 2025, after global brokerage CLSA predicted an upside of nearly 18 per cent in the stock, from current levels, over the next one year. CLSA has initiated coverage on Federal Bank shares with an 'Outperform' rating. The brokerage has set a target price of ₹230.

 

This, the Hong Kong-based brokerage said, is on the back of the lender's substantial non-resident (NRE) deposit base, contributing 30 per cent to total deposits. Read more 

3:01 PM

Stock Market LIVE Updates: 3 PM market update - Sensex, Nifty trade lower

Stock Market LIVE Updates: Indian benchmark equity indices are trading lower on Friday, amid weakness in global markets as investors embraced risk-off sentiment in the face of sweeping tariffs on imports to the US. 

At 3 PM, the BSE Sensex was lower by 1,028.27 points, or 1.35 per cent, at 75,267.09, and the Nifty 50 was at 22,864.45, behind by 385.65 points, or 1.66 per cent.

2:54 PM

Stock Market LIVE Updates: Bharat Forge falls 9% as Morgan Stanley downgrades stock, cuts target price

Stock Market LIVE Updates: Bharat Forge shares experienced a sharp decline of nearly 9 per cent on Friday, marking their worst trading session in nine months. The drop followed Morgan Stanley’s decision to downgrade the stock rating from 'overweight' to 'equalweight' and reduce the target price by 14 per cent.

 

Morgan Stanley attributed the downgrade and price cut to the impact of US President Donald Trump's newly announced tariffs. According to the brokerage, while Bharat Forge has successfully scaled its non-auto business and secured the domestic advanced towed artillery gun system (ATAGS) order, which could boost non-auto revenues to 46 per cent of the total topline by FY27, the 25 to 27 per cent tariff burden may significantly offset these gains. READ MORE
 

 

2:45 PM

Stock Market LIVE Updates: Ex-date alert! Crisil, Siemens, 3 others go ex-date next week; do you own?

Stock Market LIVE Updates: Shares of Crisil, Ashiana Housing, Siemens, Pervasive Commodities, and Enbee Trade & Finance are expected to remain in the spotlight during next week's trading sessions due to key corporate developments. Among these, Crisil and Ashiana Housing will trade ex-dividend, while Pervasive Commodities and Enbee Trade & Finance are set to trade ex-date for stock splits. Siemens, meanwhile, will trade ex-date following its spin-off announcement.

 

According to BSE data, Crisil has notified exchanges of a scheduled Board of Directors meeting on Wednesday, April 30, 2025, to discuss the payment of the first interim dividend for the financial year ending December 31, 2025. The record date for this corporate action has been set for Monday, April 14, 2025. READ MORE

 

2:35 PM

Stock Market LIVE Updates: Bajaj Finance shares gain 2% on reporting Q4 update; check details here

Stock Market LIVE Updates: Bajaj Finance shares rose by 2.3 per cent on Friday, April 4, 2025, hitting an intraday high of ₹8,796.7 per share on the BSE. The stock gained traction following the release of the company’s fourth-quarter business update.

By 1:13 PM, Bajaj Finance shares were trading at ₹8,782.25, reflecting a 2.14 per cent increase, while the BSE Sensex was down by 0.96 per cent at 75,564.71. 

In its quarterly update released on Thursday after market hours, Bajaj Finance reported that its customer franchise had grown to 101.82 million as of March 31, 2025, compared to 83.64 million on the same date in 2024—an increase of 4.70 million during Q4 FY25. READ MORE

 

2:24 PM

Stock Market LIVE Updates: RIL, ONGC, Oil India slips up to 7% as crude oil slips below $70/barrel

Stock Market LIVE Updates: Upstream oil stocks—Oil and Natural Gas Corporation (ONGC), Reliance Industries (RIL), and Oil India—saw sharp declines on Friday, April 4, 2025, falling collectively by 7.2 per cent in trading. The drop coincided with crude oil prices slipping below the $70 per barrel mark.

As of 12:13 PM, ONGC shares had tumbled 6.6 per cent, RIL was down 4.3 per cent, and Oil India saw a decline of 6.4 per cent. In comparison, the BSE Sensex recorded a more moderate drop of 1.02 per cent, settling at 75,520.89.
 

The slide in crude oil prices followed US President Donald Trump’s announcement of "reciprocal" tariffs targeting trading partners. Additionally, he unveiled a 10 per cent baseline tariff across all countries, further unsettling market sentiment. READ MORE

 

2:12 PM

Stock Market LIVE Updates: Dee Development share price up 3% on securing orders worth Rs 55-crore

Stock Market LIVE Updates: Dee Development Engineers (Dee Development) shares gained momentum in early trading on Friday, April 4, 2025, climbing by 3.14 per cent to reach an intraday high of ₹262.40 per share.

However, by 10:15 AM, the stock had retreated from its peak, trading 0.43 per cent lower at ₹253.30. In comparison, the BSE Sensex was down 0.93 per cent, hovering at 75,586.64.

The early surge in Dee Development's share price was fueled by the company’s announcement of securing a ₹55 crore purchase order. In a regulatory filing, the company stated, “We would like to inform you that the company has bagged a purchase order from a new customer, the name of which cannot be disclosed due to commercial issues.” READ MORE