Markets bounce back with metals and financials leading the rally. Bonus & dividend bonanza ahead!
The rally was led by a resurgence in metal stocks following a temporary pause on U.S. trade tariffs and a weakened dollar. Banks and financials followed suit, with strong investor inflows pushing heavyweight stocks into green territory.
💥 Top Performing Sectors & Stocks
🏗️ Metals & Commodities
- 🔼 Tata Steel +4.2%
- 🔼 JSW Steel +4.0%
- 🔼 Hindalco Industries +3.9%
Driven by lower global metal tariffs and weakening dollar.
🏦 Financial Services
- 🔼 HDFC Bank +2.1%
- 🔼 Kotak Mahindra Bank +2.3%
Institutional buying and global optimism boosted banking sentiment.
⚡ Power & Utilities
- 🔼 Power Grid Corp +3.68% (₹304.10)
Outperformed Tata Power and Gujarat Industries Power.
📉 IT Sector (Under Pressure)
- 🔽 TCS declined post weak Q4 earnings
Global slowdown in tech spending hurt sentiment.
💸 Dividend Stocks
- 💰 CRISIL Ltd. – Final Dividend: ₹26/share
- 💰 Ashiana Housing – Interim Dividend: ₹1/share
Dividend-paying stocks continue to attract long-term investors.
🎁 Bonus & Stock Split Announcements
| 🏢 Company | 🎉 Bonus | ✂️ Stock Split | 📅 Record Date |
|---|---|---|---|
| Ranjeet Mechatronics | 1:1 | 1:2 (₹10 to ₹5) | Bonus: Apr 2, Split: Apr 21 |
| Capital Trade Links | 1:1 | N/A | Apr 2 |
| Sahaj Solar | 1:1 | N/A | Apr 2 |
| SAL Automotive | 1:1 | N/A | Apr 3 |
| Karda Constructions | 1:1 | N/A | Apr 4 |
| Akme Fintrade | N/A | Yes | Not Specified |
🚦 Upper & Lower Circuit Stocks
Upper Circuit Hits: Speculative microcaps & select PSUs likely surged.
Lower Circuit Hits: IT & Pharma smallcaps under pressure.
🔊 High & Low Volume Traded Stocks
🚀 High Volume
- Reliance Industries
- SBI
- Tata Steel
🐢 Low Volume
- Illiquid microcaps
- Some SME stocks
💎 High-Priced Stocks
- ITC Ltd. – ₹421.80 (+1.36%)
- Power Grid Corp – ₹304.10 (+3.68%)
🧠 Conclusion
Today’s rally paints a picture of resilience and opportunity. With global tensions easing and domestic sectors like metals and banking showing strength, investors can remain cautiously optimistic. Keep eyes on dividends, bonus issues, and volume spikes for smart investing.
💬 “The stock market is a device for transferring money from the impatient to the patient.” — Warren Buffett
Let patience power your portfolio. The market always rewards knowledge and timing.
