After a week full of volatility, panic, and policy twists, global markets gave a big thumbs up to a surprise move from Washington. President Trump’s U-turn on tariffs, an RBI rate cut, and a sharp rally in US indices have now set the tone for a strong start in Indian markets on Friday.
Let’s decode what happened — and what we can expect.
US Market Logs Historic Rally
On April 9, Wall Street exploded to the upside:
- S&P 500 jumped +9.5%
- Dow Jones gained +2,962 pts (7.9%)
- Nasdaq Composite surged +12.2%
What triggered this rally?
President Trump paused all tariffs for 90 days (except for Chinese imports, which now face 125%). The move was seen as a massive relief for global trade flows and investor sentiment.
GIFT Nifty Signals Strong Start
Back home, even though Indian markets were shut on April 9 (Mahavir Jayanti), the GIFT Nifty rose over 3%, tracking the US rally. That’s a big hint that Friday’s opening could be full of green.
RBI Supports the Mood with Rate Cut
The RBI cut the repo rate by 25 bps to 6% earlier this week and shifted its stance to accommodative. While it didn’t excite the markets instantly, this dovish move adds comfort to long-term investors.
What to Expect from Indian Markets on Friday (April 11, 2025)
Likely Gap-Up Opening
With global markets cheering the tariff pause and the GIFT Nifty rallying 3%+, we can expect a gap-up opening in Sensex and Nifty.
Key Levels to Watch:
- Nifty 50 support: 22,300 | Resistance: 22,600–22,750
- Bank Nifty: May lead the charge if global sentiment holds
- IT & Pharma: Strong bounce-back likely due to US optimism
Stocks to Watch:
- TCS, Infosys – riding the Nasdaq wave
- HDFC Bank, ICICI Bank – well-positioned for short-term rebound
- Nestle, HUL – still in favour as defensives if volatility returns
StockTalk Insight
Markets are emotional — and this week was full proof. From crash to rally, the mood flipped with one tweet.
Advice? Stay balanced. Don’t chase gaps blindly on Friday morning.
Let the market settle in the first hour. Smart traders wait for confirmation. Long-term investors can look to accumulate quality names on dips.
Caution: It’s Not Over Yet
While the rally looks strong, don’t forget:
- China may retaliate to Trump’s hike in Chinese tariffs
- US inflation data next week could bring fresh volatility
- FIIs are still net sellers — watch for reversal signs
Final Word – StockTalk India View
This week was all about big moves and bigger reversals. Friday looks promising, but let’s stay alert — trade with a plan, not emotion.
We’ll keep tracking it for you. Stay tuned.
Disclaimer: This article is for informational purposes only. Please consult a SEBI-registered advisor before making any investment decisions.