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(As on Apr 01, 2025, 08:55)

Pre-Session: GIFT Nifty signals gap-down start for India ahead of reciprocal tariffs

Indian benchmark indices, Sensex and Nifty 50, are expected to open subdued on April 1, taking cues from GIFT Nifty, which was trading around 23,459 earlier this morning.



Market sentiment may remain cautious ahead of the implementation of the 'Liberation Day' reciprocal tariffs set to take effect on April 2, 2025. Investors will also be closely monitoring global market trends, potential trade tariff announcements from US President Donald Trump, and foreign institutional investor (FII) activities for further direction.



On Friday, the 30-share benchmark index ended at 77414.92 down by -191.51 points or by -0.25 % and then NSE Nifty was at 23519.35 down by -72.6 points or by -0.31 %.



On the global front, Asian shares rose for the first time in four days with Taiwan Weighted up 1.5 percent and Nikkei rises nearly 0.5 percent.



The S&P 500 and the Nasdaq Composite posted on Monday their worst quarterly performances since 2022, as uncertainty around the Trump administration's economic agenda roiled U.S. equity markets in the first quarter of 2025.

The S&P 500 gained 30.91 points, or 0.55%, to 5,611.85 points, and the Dow Jones Industrial Average rose 417.86 points, or 1%, to 42,001.76. The Nasdaq Composite lost 23.70 points, or 0.14%, to 17,299.29.



Back home, Top traded Volumes on NSE Nifty – Zomato Ltd. 74842762.00, Oil And Natural Gas Corporation Ltd. 32905564.00, Jio Financial Services Ltd. 30356334.00, Tata Steel Ltd. 24589315.00, Bharat Electronics Ltd. 20850848.00,

On NSE, total number of shares traded was 439.23 Crore and total turnover stood at Rs. 104168.33 Crore.



On NSE Future and Options, total number of contracts traded in index futures was 185097 with a total turnover of Rs. 31074.25 Crore. Along with this total number of contracts traded in stock futures were 1533831 with a total turnover of Rs. 89705.56 Crore. Total numbers of contracts for index options were 66160471 with a total turnover of Rs. 11599829.56 Crore. and total numbers of contracts for stock options were 5766490 with a total turnover of Rs. 355738.27 Crore.



The FIIs on 28/03/2025 stood as net buyer in equity and debt. Gross equity purchased stood at Rs. 28676.45 Crore and gross debt purchased stood at Rs. 934.48 Crore, while the gross equity sold stood at Rs. 20555.49 Crore and gross debt sold stood at Rs. 1800.10 Crore. Therefore, the net investment of equity and debt reported were Rs. 8120.96 Crore and Rs. -865.62

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