Why MCX Share Price Rose Over 4% Today?

Reason Behind Surge in MCX Share Price

Over the past 3 days, the Daily Options Premiums for MCX have surged, driven by heightened volatility in commodities, which is boosting trading activity. From March 24 to April 2, the average daily premium for MCX was ₹2,400 crore. However, in the last three sessions, the average daily options premium has nearly tripled, reaching around ₹6,850 crore, compared to the previous eight trading sessions.

April has started on a strong note for MCX, with the average daily options premium so far at ₹5,150 crore, marking the highest level since the data became available, which began in September 2024. Compared to March, the average daily options premium in April has risen by 60%.

MCX 9MFY25 Performance

For the 9 months ended FY24 -25, the average daily turnover (ADT) of futures and options saw a remarkable growth of 106%, reaching ₹2,09,233 crore, compared to the same period last year. The number of traded clients in futures and options also grew by 49%, reaching around 11 lakh during FY24 -25. The ADT for commodity futures increased by 33%, rising to ₹27,099 crore from ₹20,321 crore in the corresponding period of FY23 -24.

Additionally, the notional ADT of options witnessed a significant surge of 124%, reaching ₹1,82,134 crore, up from ₹81,186 crore in FY23 -24. Furthermore, during the same period, a total of 5.6 MT of Gold (all variants), 489 MT of Silver (all variants), and 49,986 MT of Base Metals were delivered through the exchange mechanism.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gold and Silver Prices Trades Higher: Check Rates in Your City on April 8, 2025

On April 8, 2025, Gold and silver prices witnessed growth in the domestic and international markets. In the international market, spot gold prices fell 1.41%, reaching $3,008.92 as of 1:02 PM. In the domestic market, gold prices have surged by nearly ₹960. Turning to silver prices, there was a growth of 0.96% to ₹89,720 in the domestic market.

In Mumbai, 24-carat gold is priced at ₹8,790 per gram, while 22-carat gold now costs ₹8,058 per gram. In Delhi, the price of 22-carat gold is currently ₹80,438 per 10 grams, while 24-carat gold is trading at ₹87,750 per 10 grams.

Gold Prices Across Major Indian Cities on April 08, 2025

Here is a detailed breakdown of gold prices as of April 08, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 88,170 80,823
Bangalore 87,990 80,658
Kolkata 87,800 80,483

Silver Prices Across Major Indian Cities

City Silver Rate in ₹/KG 
Mumbai 89,610
Delhi 89,460
Kolkata 89,490
Chennai 89,490

Conclusion

Gold and silver prices have shown positive movement in both domestic and international markets as of April 8, 2025. Gold prices have increased across major Indian cities, with notable rises in Mumbai, Delhi, and Chennai.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Sobha Share Price Soared Over 3% Following the Release of Q4FY25 Business Update

On April 8, 2025, Sobha share price over 3%, reaching a day high of 1165.70 at 12:40 AM, after opening at 1129.95 on BSE. The gain in the Sobha share price came after the company released an operational update for Q4FY25 and FY25.

Business Update for Q4FY25

In Q4 FY 2025, Sobha achieved a sales value of ₹18.36 billion, selling 1.56 million square feet at an average price of ₹11,781 per square foot. This marked a 32.2% increase over Q3 FY 2025 and a 22.1% rise compared to Q4 FY 2024. Bangalore led the sales with ₹14.06 billion from 1.24 million square feet, accounting for 76.6% of the total, bolstered by two new launches.

Other regions also showed strong performance: Gurgaon saw a 25.2% increase from the previous quarter, Kerala remained steady at ₹1.28 billion, Hyderabad contributed ₹418 million, reflecting a 44.7% growth over Q3 FY 2025 and a 115.5% increase over Q4 FY 2024, and Tamil Nadu posted ₹371 million, marking a 53.7% year-on-year growth.

FY25 Operational Update

In FY 2025, Sobha recorded a sales value of ₹62.77 billion, with 4.68 million square feet sold at an average price of ₹13,412 per square foot. Bangalore accounted for 58.0% of the total sales, while Gurgaon contributed 19.9%. Gurgaon achieved its highest-ever annual sales of ₹12.49 billion, driven by the launch of two projects during the year. Kerala saw steady sales from its existing inventory, contributing 13.3%, while Tamil Nadu reported ₹1.70 billion in sales, a 73.0% increase compared to the previous year, supported by two plotted development launches in FY 2025. The Pune region experienced improved traction following the completion of one tower, and Hyderabad saw a 21.1% growth over FY 2024.

New Project Launched in Q4 FY 2025

During Q4 FY 2025, two new projects were launched, with a total saleable area of 4.11 million square feet.

  • SOBHA Madison Heights and SOBHA Hamptons, both launched in SOBHA Town Park, offered a combined saleable area of 3.67 million square feet. The two projects consist of 13 wings and 2,104 apartments, featuring 1, 2, 3, and 4-bedroom configurations, with sizes ranging from 754 to 2,846 square feet.
  • Chartered Birdsong, a plotted development project launched under the Development Management model, spans 18.38 acres in Sadenahalli Village, Bangalore. It offers a saleable area of 0.44 million square feet.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Upcoming IPO: Advance Agrolife Filed DRHP with SEBI to Raise ₹135 Crore

Advance Agrolife Limited, an agrochemical company, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) in order to raise funds through an Initial Public Offering (IPO). Advance Agrolife IPO will be a fresh issue of up to 1,92,85,720 shares with no offer-for-sale component.

Use of IPO Proceeds

The funds raised from this upcoming IPO, amounting to ₹135 crore, will be used for working capital requirements and general corporate purposes, as outlined in the company’s DRHP.

The offering will be conducted via the book-building process, with no more than 50% of the net offer allocated to qualified institutional buyers. At least 15% and 35% of the net offer will be reserved for non-institutional and retail individual bidders, respectively.

About Advance Agrolife Limited

Advance Agrolife Limited began commercial operations in 2002 with small-scale production, initially focused on mixing micronutrient fertilizers. Today, it produces both technical-grade and formulation-grade agrochemical products through integrated manufacturing facilities.

The company’s products are used in the cultivation of major cereals, vegetables, and horticultural crops across both the Kharif and Rabi agricultural seasons in India. It manufactures formulation-grade agrochemicals in various forms, including water-dispersible granules (WDG), suspension concentrate (SC), emulsifiable concentrate (EC), capsule suspension, and wettable powder (WP). Since 2008, it has produced 188,920 MT of agrochemical products, as per the DRHP.

Client Base

Notable corporate clients include DCM Shriram Limited, IFFCO MC Crop Science Private Limited, Indogulf Cropsciences Limited, Mankind Agritech Private Limited, HPM Chemicals and Fertilizers Limited, and ULink AgriTech Private Limited, among others.

“In fiscal year 2024, the company served 1,194 corporate customers, with 98 having been long-term partners for over three years. The company operates primarily from three manufacturing facilities located in Jaipur and is supported by a strong infrastructure, including dedicated storage for raw materials and finished goods. As of September 30, 2024, the total installed capacity was 89,900 MTPA,” the company noted in its DRHP report.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

IREDA Share Price in Focus: Set to Declare Q4FY25 Results on April 15

On April 8, 2025, IREDA share price rose over 3%, reaching a day high of 157.05 at 11:15 AM, after opening at 155.20. The gain in IREDA share price came after the company announced that it would consider and approve the release of Q4FY25 and FY25 results on April 15, 2025

IREDA Business Update for Jan- March 2025

IREDA released its business update for the January- March quarter earlier this month. During this period, the company’s loans grew by 27% year-on-year, reaching ₹47,453 crore, up from ₹37,354 crore at the end of the same quarter last year.

Loan disbursements also saw a 20% increase year-on-year, totaling ₹30,168 crore. Meanwhile, the company’s outstanding loan book stood at ₹76,250 crore at the end of the quarter, reflecting a 28% growth compared to ₹59,968 crore in the same quarter last year. IREDA has not yet disclosed its shareholding for the March quarter. As of the December quarter, the government held a 75% stake in the company.

Also Read: IREDA Launches First Perpetual Bond Issue to Raise ₹1,247 Crore

IREDA Secures ECB Facility

On March 27, 2025, IREDA entered into a Facility Agreement with SBI’s Tokyo Branch to raise External Commercial Borrowing (ECB) amounting to JPY 26 billion, which includes a Green Shoe Option of JPY 10 billion. This five-year unsecured facility, with a bullet payment due at maturity, is aimed at enhancing IREDA’s global market presence. The landed cost (after hedging) is anticipated to be under 7%, making it a more cost-effective option compared to similar-tenure loans available in the domestic market.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gold Prices Fall Amid Crisis: What’s Driving the Drop in Price?

Gold, traditionally viewed as a safe-haven asset during times of crisis, is behaving unusually despite rising fears of a global recession. Instead of rising, the price of the yellow metal is declining, leaving investors confused.

Fall in Gold Prices

Over the past two trading sessions, gold has dropped more than 4%, with a significant 3% loss on Friday (April 4) alone. On Monday (April 7), spot gold fell by another 0.3%, reaching $3,027.90 per ounce, its lowest point since March 13. Indian markets followed suit, with the price of 24-carat gold dropping to ₹90,650 per 10 grams. On April 8, 2025, gold prices rose 0.73% to 87,740 for 23-carat.

What’s Behind this Decline?

Gold’s rally over the last year was driven by economic fears, inflation concerns, and aggressive actions by central banks. However, the recent sell-off suggests a shift in dynamics. Analysts believe institutional investors may be selling off gold to raise cash or meet margin calls in other asset classes facing significant losses.

The panic caused by US President Donald Trump’s unexpected tariff hike and China’s 34% counter-tariff hit various asset classes, including commodities. China also imposed export restrictions on rare earth metals, further heightening the risk-off sentiment.

Despite these developments, instead of surging, gold fell — indicating that investors may be anticipating a wider market correction, including in traditionally safe assets.

Goldman Sachs has increased its forecast for US Federal Reserve rate cuts to 130 basis points in 2025, up from the previous projection of 105 bps, citing the economic impact of the ongoing trade war. While Fed Chair Jerome Powell has stated that the central bank is “in no hurry” to cut rates, market expectations suggest otherwise.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

HPCL, BPCL, IOCL and ONGC Shares in Focus: Govt Hiked Excise Duty by ₹2 Per Litre

On April 8, 2025, HPCL, IOCL, ONGC, BPCL shares and others are in focus after a steep fall in global crude oil prices and a fresh hike in export duties rattled investor sentiment.

At 09:55 AM, the Nifty Oil & Gas index opened in the green, up 0.49% to 9,899.35. Backed by the growth of 1.41% in Brent crude to $65.10 per barrel amid mounting trade tensions between the United States and China.

Government Raised SAED

The government raised the Special Additional Excise Duty (SAED) on petrol and diesel by ₹2 per litre each. With this revision, the SAED on petrol now stands at ₹13 and diesel at ₹10. The hike, effective April 8, will not affect domestic pump prices

Initially, stocks of exploration and production companies, including ONGC and Oil India, slumped by up to 6%. Major OMCs like Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum also saw heavy selling. However, as Brent crude dipped further towards $60 per barrel, the shares recovered sharply from the day’s lows on hopes of lower input costs.

Rising Cost to be Bear by OMCs

As per post on X by IOCL:

The Excise Duty increase of ₹2 per litre on #petrol and #diesel by the Central Government will not be passed on to the consumers.

On one hand, this will insulate the customers from the price hike while on the other hand, the collected amount may be utilised towards under-recovery of LPG, providing relief to Oil Marketing Companies.

Relief to the General Public

The Ministry of Petroleum and Natural Gas clarified that the hike would not be passed on to consumers, and domestic retail prices would remain unchanged. Still, OMCs are expected to bear the impact in the short term.

In a follow-up press conference, Petroleum Minister Hardeep Singh Puri reiterated that consumer prices will remain unaffected. “Let me clarify upfront and on the record — this will not be passed on to the consumer,” he said. He noted that while global crude has dipped to around $60, OMCs are holding inventory priced at an average of $75, typically over a 45-day cycle.

“If crude stabilises in the vicinity of $60–$65, OMCs will have the headroom to look at price,” Puri added. He also confirmed that the ₹2 SAED hike is partly aimed at compensating the OMCs for mounting under-recoveries on LPG.

The hike is expected to generate ₹33,000 crore in revenue, while a simultaneous ₹50 per cylinder increase in domestic LPG prices is likely to fetch another ₹5,000–₹7,000 crore. Public sector OMCs are carrying under-recoveries of over ₹41,000 crore for FY25 due to rising global prices and pending subsidy dues.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

RBI Set to Infuse ₹4 Trillion in Banking System: Reports

The Reserve Bank of India (RBI) is poised to further increase its record cash injections into the banking system in order to protect the economy from growing global challenges as mentioned in various news reports.

Infusion of ₹4 Trillion in Banking System

The RBI is expected to infuse as much as ₹4 trillion ($47 billion) through bond purchases and foreign exchange swaps during the current fiscal year. SBM India estimates that up to ₹2 trillion could be injected in the first half, adding to the record $80 billion already infused since January.

This liquidity boost is crucial to ensure that interest rate cuts are effectively passed through, especially with rising risks like the impact of the new US tariff regime on Indian exports. The RBI is expected to cut rates again on April 9, following its first reduction in five years in February. Optimists predict that the easing will push benchmark yields to fresh three-year lows.

At the same time, the RBI may aim to maintain a surplus in the banking system, as upcoming net maturities of around $35 billion in the forwards market between April and June could lead to a cash deficit once again. If the RBI chooses not to roll over the swaps at maturity, it will need to return the dollars.

RBI’s Previous Bond Purchase

Last week, the central bank surprised markets by announcing an additional ₹80,000 crore in purchases for April, further supporting the bond market. The 10-year yield dropped to 6.46% on Friday, the lowest since January 2022.

Conclusion

This liquidity boost has helped the banking system shift from a ₹3.3 trillion deficit in January to a surplus. The cash squeeze, the worst in over a decade, was partly due to the RBI’s dollar sales.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

PM Mudra Yojana Marks 10 Years of Launch: Sanctioned Loans of ₹32.61 Lakh Crore

On 8 April 2025, Pradhan Mantri MUDRA Yojana (PMMY) completes its 10 years of inception. PM Mudra Yojana (PMMY) aims to fund the unfunded micro enterprises and small businesses without any collateral.

Achievements under Pradhan Mantri Mudra Yojana

PMMY has sanctioned over 52 crore loans worth ₹32.61 lakh crore, fuelling a nationwide entrepreneurial revolution since its launch in April 2015. Business growth is no longer limited to major cities—it’s expanding to small towns and villages, where new entrepreneurs are taking control of their futures. This shift in perspective is clear: People are moving from being job seekers to job creators.

MSME Credit Boom

A report by SBI highlights the significant rise in credit flow to MSMEs, fueled by the impact of MUDRA. MSME lending grew from ₹8.51 lakh crore in FY14 to ₹27.25 lakh crore in FY24, with projections suggesting it will exceed ₹30 lakh crore in FY25. The share of MSME credit in total bank credit rose from 15.8 percent in FY14 to nearly 20 percent in FY24, highlighting its increasing importance in the Indian economy. This expansion has allowed businesses in smaller towns and rural areas to access financial support previously out of reach, contributing to a more self-reliant economy and fostering grassroots job creation.

Financial Inclusion: Empowering Women

Women represent 68% of all Mudra beneficiaries, highlighting the scheme’s critical role in promoting women-led businesses across India. Between FY16 and FY25, the average disbursement to women increased at a compound annual growth rate (CAGR) of 13%, reaching ₹62,679, while incremental deposits grew at a CAGR of 14% to ₹95,269. States with higher disbursement to women have seen greater employment generation through women-led MSMEs, demonstrating that targeted financial inclusion plays a key role in boosting women’s economic empowerment and labor force participation.

Success Stories from PM Mudra Yojana

Across the country, lives have been transformed. Kamlesh, a home-based tailor in Delhi, expanded her business, hired three other women, and enrolled her children in a quality school. Bindu, who started with 50 brooms a day, now runs a unit producing 500. These stories are no longer exceptional; they reflect a broader trend. From tailoring units and tea stalls to salons, mechanic shops, and mobile repair services, millions of micro-entrepreneurs are thriving, supported by a system that believes in their potential. PMMY has made this possible by providing institutional credit to non-corporate, non-farm micro and small enterprises that form the backbone of India’s economy.

Conclusion

At its core, the MUDRA Yojana is a story of trust—trust in people’s aspirations, their ability to build, and in the belief that even the smallest dreams deserve a platform to grow. In 10 years, Pradhan Mantri Mudra Yojana has consistently demonstrated the power of financial inclusion and the strength of grassroots innovation..

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

SEBI Imposed a Penalty of ₹7 Lakh on Reliance Securities for Non-Compliance

On Monday, April 7, 2025, the capital markets regulator SEBI imposed a ₹7 lakh fine on Reliance Securities for failing to comply with stockbroker regulations. As per an SEBI order, the penalty must be paid within 45 days.

Investigation by SEBI

This action follows an inspection conducted by SEBI from December 22, 2022, to January 24, 2023, to assess whether Reliance Securities, a registered stockbroker, was adhering to stockbroking standards.

During its investigation, SEBI discovered that Reliance Securities had provided inaccurate details in daily margin statements to clients on three occasions. Additionally, there was a mistake in the ledger balance on one occasion.

SEBI’s Findings

SEBI also found that the firm had not complied with risk-based supervision (RBS) guidelines, as it failed to report cash collateral data in the RBS data submissions. The RBS data submitted by Reliance Securities inaccurately reflected the total available funds. Specifically, the firm reported ₹16.13 crore for funds held in client bank accounts and with clearing members/clearing corporations, but it had omitted ₹312.57 crore in funds available with clearing members/clearing corporations.

The regulator further noted that Reliance Securities had passed upfront penalties onto some clients on multiple occasions, a violation of the rule that prohibits passing penalties for the short collection of upfront margins under any circumstances.

Regarding cybersecurity, SEBI cited adverse audit findings for three periods. Reliance Securities failed to confirm product testing before use and did not designate a cybersecurity officer as required. The audit reports for the periods of April 2021–September 2021, October 2021–March 2022, and April 2022–September 2022 each included negative observations. As a result of these violations, SEBI imposed the ₹7 lakh fine on Reliance Securities.

About Reliance Securities

Reliance Securities is the broking & distribution arm of Reliance Capital. The company provides customers with access to equities, derivatives, currency, IPOs, mutual funds, bonds, and corporate FDs, amongst others.

Conclusion

SEBI’s action against Reliance Securities underscores the importance of strict adherence to regulatory norms and guidelines in the stockbroking industry. The penalty highlights the regulator’s commitment to maintaining transparency, ensuring accurate reporting, and safeguarding client interests.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.