The Indian stock market is currently experiencing significant volatility due to escalating global trade tensions and fears of a U.S. recession. On April 7, 2025, the Nifty 50 and BSE Sensex declined by 3.96% and 3.71%, respectively, marking their steepest drops since March 2020. In this turbulent environment, investors should exercise caution and focus on stocks with strong fundamentals and resilience. Here are some stocks to watch:
1. HDFC Bank
HDFC Bank remains a top pick for investors seeking stability amid market fluctuations. With a current market price (CMP) of ₹1,817 and a target price of ₹2,050, the bank offers an upside potential of approximately 13%.
2. Trent
Trent, a retail arm of the Tata Group, is recommended for its robust performance and growth prospects. The stock is currently trading at ₹5,568, with a target price of ₹7,350, indicating an upside of about 32%.
3. Tata Motors
Tata Motors has faced recent challenges, with its subsidiary Jaguar Land Rover (JLR) halting exports to the U.S. due to newly imposed 25% import tariffs. This development led to a 10% drop in Tata Motors' shares, marking their worst single-day decline in over three years. Investors should monitor the company's response to these trade barriers and its impact on future performance.
4. Tata Steel
Tata Steel is under scrutiny as global trade tensions escalate. The stock is among those highlighted for observation on April 7, 2025.
5. Infosys
Infosys is identified as a stock to sell in the current market scenario, reflecting broader concerns in the IT sector amid global uncertainties.
6. Asian Paints
Conversely, Asian Paints is recommended as a buy, suggesting confidence in its market position and potential resilience against economic headwinds.
7. Bajaj Housing Finance
Bajaj Housing Finance has reported a 26% growth in Assets Under Management (AUM) and disbursements totaling ₹14,250 crore in Q4 FY25. This robust performance may position the company favorably in the financial sector.
8. NTPC Ltd.
NTPC Ltd. outperformed the market on April 3, 2025, with its stock rising by 1.97% to ₹358.85, despite a general downturn in the Indian stock market. This indicates potential resilience in the energy sector.
Investors are advised to conduct thorough due diligence and consider their risk tolerance before making investment decisions, especially in the current volatile market environment.
Source: Taken from multiple websites
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