Gold and Silver Prices Today: Check Rates in Your City on April 7, 2025

On April 7, 2025, Gold and silver prices witnessed growth in the domestic markets. In the international market, spot gold prices fell 0.44%, reaching $3,023.68 as of 1:07 PM. In the domestic market, gold prices have surged by nearly ₹90. Turning to silver prices, there was a growth of 1.17% to ₹88,760 in the domestic market.

In Mumbai, 24-carat gold is priced at ₹8,814 per gram, while 22-carat gold now costs ₹8,080 per gram. In Delhi, the price of 22-carat gold is currently ₹80,658 per 10 grams, while 24-carat gold is trading at ₹87,990 per 10 grams.

Gold Prices Across Major Indian Cities on April 07, 2025

Here is a detailed breakdown of gold prices as of April 07, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 88,280 80,923
Bangalore 88,090 80,749
Kolkata 87,910 80,584

Silver Prices Across Major Indian Cities

City Silver Rate in ₹/KG 
Mumbai 88,640
Delhi 88,490
Kolkata 88,530
Chennai 88,900

Conclusion

Both gold and silver prices have shown positive growth in the domestic market, reflecting an upward trend in both domestic and international markets on April 07, 2025.

 

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.

 

Indian Stock Market Crash: BSE Sensex Dropped Over 5%, ₹16.19 Lakh Crore Investors’ Wealth Eroded

On Monday, April 7, 2025, the Indian benchmark index BSE Sensex plunged over 5% in the morning trade following a global rout pushed by reciprocal tariffs announced by the US and China’s retaliatory measures. Additionally, concerns over a potential recession in the US, the world’s largest economy, dampened investor sentiment globally. Investor wealth, amounting to ₹16.19 lakh crore, was wiped out within hours during the April 7 trading session.

All 30 Stocks on BSE Sensex were in Red

BSE Sensex plummeted by 3,939.68 points, or 5.22%, hitting an intraday low of 71,425.01— marking its worst opening since March 2020, during the peak of the COVID-19 pandemic. This indicated the sharpest single-day decline since June 4, 2024, when the indices had dropped over 8%.

All 30 stocks in the Sensex were in the red, with Tata Steel leading the decline, dropping more than 10 percent, followed by Tata Motors, which fell over 9 percent. Other major stocks, such as Infosys, HCL Tech, Tech Mahindra, Reliance Industries, TCS, and L&T, also saw significant losses.

Key Factors Behind the Market Collapse

  1. Escalating Tariff Tensions: The latest round of tariff hikes by US President Donald Trump, along with China’s retaliatory actions, sent shockwaves through global markets. Trump defended the tariffs, claiming that countries were eager to strike a deal, dismissing market pain as temporary. He remarked, “Sometimes you have to take medicine to fix something.”
  2. Rising Recession Fears: Goldman Sachs revised its forecast, increasing the likelihood of a US recession to 45 percent over the next 12 months, up from its previous estimate of 35%. JPMorgan Chase went further, suggesting that the US economy might enter a recession this year.
  3. Global Sell-off Impact: Equity markets across Asia mirrored the turmoil on Wall Street. Hong Kong’s Hang Seng plunged nearly 11%, Japan’s Nikkei 225 dropped 7%, Shanghai Composite lost over 6%, and South Korea’s Kospi fell 5%. Japanese stock futures were briefly halted after hitting lower circuit limits in early trading.On Wall Street, the S&P 500 dropped 5.97%, Nasdaq fell 5.82 %, and the Dow Jones Industrial Average declined 5.50 % on Friday.
  4. Surge in India VIX: The India VIX, a measure of market volatility, soared by 57 % to 21.62 on Monday, reflecting heightened investor uncertainty and risk in the short term.

 

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.

Tata Group Shares Plunge: TCS, Tata Motors, Trent Lose Over ₹1 Lakh Crore in Market Value

On April 7, 2025, the 6 Tata Group companies—Tata Consultancy Services (TCS) Ltd., Tata Steel Ltd., Tata Motors Ltd., Titan Company Ltd., Tata Consumer Products Ltd., and Trent Ltd have collectively lost over ₹1 lakh crore in market capitalisation due to declines on Monday, April 7. These stocks are part of the Nifty 50 index.

Trent Shares Saw Highest Fall

Trent saw the largest drop on the Nifty 50 index, with its shares falling by as much as 17% following the company’s March quarter business update. Trent’s revenue increased by 28% year-over-year for the quarter and by 39% for the full year.

Tata Motor Shares Hit After JLR Suspended US Shipments

Tata Motors shares suffered significant losses, dropping 10% after its subsidiary, Jaguar Land Rover, suspended shipments to the U.S. due to automobile import tariffs imposed by former President Donald Trump. Tata Motors’ shares fell to their lowest point since June 2023, dipping below the 52-week low of ₹606, causing a market cap loss of more than ₹20,000 crore.

Tata Steel, TCS, Titan, Tata Consumer in Loss

Tata Steel, another major Tata Group stock, saw a decline of 11% on Monday. In total, 1.4 crore shares, or 0.1% of the company’s total equity, worth ₹183 crore, were traded in multiple blocks, although the buyers and sellers remain unidentified. Tata Steel also experienced a market cap erosion of nearly ₹20,000 crore.

Tata Consultancy Services (TCS), the Tata Group’s flagship company, lost over 5% on Monday in anticipation of its fourth-quarter results, which are due later this week. Growing concerns about a U.S. recession have contributed to a 52-week low in the stock, with Monday’s drop wiping out approximately ₹60,000 crore from the company’s market capitalization.

Titan and Tata Consumer Products were among the few Tata Group stocks that did not experience as severe a decline, showing relative resilience compared to their counterparts.

Conclusion

The Tata Group’s six major constituents within the Nifty 50 index have faced significant market setbacks, collectively losing over ₹1 lakh crore in market capitalisation on April 7, 2025.

 

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 Interest Rate Result on April 9: ICRA Expects Rate Cut in First MPC of FY26

The Reserve Bank of India (RBI) commenced its bi-monthly meeting on Monday, April 7, to review and set the key benchmark interest rates, or repo rates. RBI MPC will mark the first monetary policy session for the FY2025- 26 and will determine the central bank’s lending rates, with the decision to be announced on Wednesday, April 9, 2025.

RBI MPC Timelines

The RBI holds its Monetary Policy Committee (MPC) meeting every 2 months, totaling 6 meetings per financial year, where interest rates are adjusted based on factors like money supply, inflation expectations, and other macroeconomic indicators.

As the RBI prepares for this MPC meeting, experts expect that the central bank may lower its repo rates for the second consecutive time since Governor Sanjay Malhotra assumed office, following the rate cut in the February 2025 MPC meeting.

In February 2025, the MPC, led by Governor Malhotra, reduced the key benchmark interest rate by 25 basis points, lowering it from 6.5% to 6.25%. This marked the first rate cut in nearly two and a half years, a move delayed due to inflationary pressures.

ICRA Anticipates Interest Rate Cut

The rating agency ICRA has also projected that the committee will reduce rates by 25 basis points in the upcoming announcement, maintaining a “neutral stance” for the Indian economy.

ICRA further stated that while the central bank is likely to continue its liquidity interventions to offset upcoming drains from the unwinding of short positions in its forward book and the maturity of long-tenure VRRs (Variable Rate Repo), they do not anticipate significant announcements regarding liquidity injections, such as a CRR cut during this MPC meeting.

 

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.

Pharma Stocks in Focus: Nifty Pharma Index Down Nearly 7%

On April 7, 2025, the Nifty Pharma index dropped by as much as 7% in early trading, bringing its year-to-date decline to 14%. The index reached an intraday low of 19,121.10, compared to its previous close of 20,560. 

Why is Nifty Pharma Index Down Today?

On April 2, President Trump announced sweeping reciprocal tariffs affecting 60 countries, but initially excluded the Pharma sector, allowing the sector to outperform. However, the sector was hit the following day with the news of tariffs on drug imports into the U.S.

“Pharma tariffs are going to be introduced at levels you haven’t seen before. We’re considering pharmaceuticals as a separate category. We’ll be announcing this in the near future, as it’s currently under review,” Trump said while speaking to reporters aboard Air Force One.

At present, India imposes a 10% tariff on pharmaceutical imports from the U.S., while the U.S. does not levy any tariff on imports of pharmaceuticals from India.

Pharma Shares Slides Heavily

Shares of Indian pharmaceutical companies, such as Gland Pharma Ltd., Glenmark Pharmaceuticals Ltd., Laurus Labs Ltd., and Biocon Ltd., dropped by up to 8% on April 7, following President Trump’s comments on upcoming tariffs for the sector. Other drugmaker shares also saw declines ranging from 2% to 6%.

At 11:05 AM, Top losers on the Nifty Pharma Index included Ipca Labs, Biocon, Granules, Gland Pharma and Divis Laboratories.

 

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.

Tata Steel Shares Drop 10% as Taxable Income Rises Amid Bhushan Steel Acquisition

On April 7, 2025, Tata Steel share price tanked over 10%, reaching a day low of ₹124.20 at 10:15 AM after opening at ₹126.45 on BSE. The fall in the Tata Steel share price came after a significant development related to Bhushan Steel Limited (renamed as Tata Steel BSL). 

Increase of Taxable Income

The company’s proposal to acquire Bhushan Steel Limited (now renamed Tata Steel BSL) under the resolution process of the Insolvency and Bankruptcy Code, the company’s taxable income for FY2018 -19 (AY 2019-20) has been increased by ₹25,185.51 crore. This amount corresponds to the debt that was waived in favor of Tata Steel when it made the bid and successfully acquired Bhushan Steel.

Tata Steel Financial Performance

For the first nine months of the financial year, Tata Steel reported consolidated revenues of ₹1,62,324 crores. EBITDA saw a 14% year-on-year growth, reaching ₹19,040 crores, with an EBITDA margin of 12%. In the Oct–Dec quarter, consolidated revenues were ₹53,648 crores, with EBITDA at ₹5,994 crores and an EBITDA margin of approximately 11%. During the quarter, the company invested ₹3,868 crores in capital expenditure, bringing the total capital expenditure to ₹12,450 crores between April and December 2024. The company’s net debt stands at ₹85,800 crores, while its liquidity position remains strong at ₹28,219 crores, which includes cash and cash equivalents of ₹13,119 crores.

India business reported revenues of ₹32,930 crores for the Q3FY25, with EBITDA of ₹7,921 crores, resulting in an EBITDA margin of 24%. Crude steel production was approximately 5.69 million tons, marking a 6% increase year-on-year. Deliveries totaled 5.29 million tons, an 8% YoY growth, driven by consistent domestic deliveries and a strong export presence. Additionally, the company’s newly commissioned 5 MTPA blast furnace at Kalinganagar is currently operating at around 8,500 tpd, with the ramp-up to its full capacity underway. Furthermore, a 0.9 MTPA Continuous Annealing Line (CAL) was successfully commissioned in December.

 

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.

Godrej Consumer Share Price Fell Amid Release of Q4FY25 Business Update

On April 7, 2025, Godrej Consumer Products’ share price dropped after the company released its Q4FY25 business update. After opening at ₹1,161.40, the Godrej Consumer share price reached a day low of ₹1,121.00 at 10:05 AM on BSE.

The company stated that the management’s primary focus for the March quarter was on revitalising the standalone underlying volume growth (UVG) trajectory, maintaining the standalone EBITDA margin despite cost pressures, and sustaining momentum in the international business. “We remain largely on track to achieve all the stated objectives,” the company said.

While not providing specific numbers, Godrej Consumer Products projected its standalone UVG to be in the “mid-single digits,” with revenue growth expected to be in the “high single digits.” This performance was driven by a “mid-teens UVG in home care” and a “mid-single digit decline in personal care.”

The company noted that the personal care segment is still experiencing a price-volume rebalancing due to rising input costs. It also mentioned that EBITDA margins are likely to remain in a similar range to the December quarter, despite higher inflation in palm oil and related derivatives.

The international business continues to perform well, meeting its strategic goals, the company added.

For its Indonesia business, Godrej Consumer Products expects “mid-single digit UVG and low-single digit revenue growth.”

“In line with our guidance, the Godrej Africa, USA, and Middle East (GAUM) organic business is expected to deliver strong double-digit organic UVG and revenue growth. We continue to perform well in terms of profitability,” the company said.

At a consolidated organic level, the company forecasts “high-single digit INR sales growth and mid-single digit UVG.”

 

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.

Delhivery Share Price in Focus: Announced Acquisition of Ecom Express

On April 7, 2025, Delhivery share price is on investors’ radar as third-party logistics company Delhivery announced acquisition of Ecom Express. On April 5, 2025, the company, via an exchange filing, stated that it had signed a definitive agreement to acquire a controlling stake in Ecom Express Limited for a cash consideration of ~₹1,400 Cr from its shareholders.

Acquisition Timeline

The completion of the acquisition is subject to approval from the Competition Commission of India, and customary closing conditions. In addition, the company has appointed Shardul Amarchand Mangaldas & Co. as the legal advisor and Ernst & Young as the financial and tax diligence advisor for this transaction.

Management Take on Acquisition

Sahil Barua, MD and CEO of Delhivery, said, “The Indian economy requires continuous improvements in cost efficiency, speed and reach of logistics. We believe this acquisition will enable us to service customers of both companies better through continued bold investments in infrastructure, technology, network and people. The founders and management of Ecom Express have established a high-quality network and team, creating a strong foundation to integrate into Delhivery’s operations.”

Satyanarayana, founder of Ecom Express, said, “Delhivery is among India’s leading fully-integrated logistics service providers with significant scale advantages and will be the ideal shareholder for Ecom Express’ next phase of growth. With this acquisition and its inherent synergies, businesses across India as well as the logistics industry itself will benefit immensely through the combination of two like-minded players.”

 

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.

Nykaa Share Price Fell ~3%: Anticipates Revenue Growth in FY25

On April 7, 2025, Nykaa share price dropped ~3%, reaching a day low of 160.05 at 09:35 AM. The fall in Nykaa share price follows the release of the Q4FY25 business update.

Anticipates Revenue Growth in FY25

During Q4FY25, Nykaa (FSN E-Commerce Ventures Limited and its subsidiaries) continued its growth trajectory with consolidated net revenue growth expected to be in the low to mid-20s YoY. As a result, Nykaa expects its full FY2025 revenue growth to be in the mid-20s, demonstrating consistent growth across all quarters of the fiscal year.

Beauty Vertical to Outperform Industry

The GMV growth for the Beauty vertical is anticipated to significantly outperform the industry, reaching the low 30s. Nykaa’s Beauty vertical has maintained its solid momentum, with net revenue growth in the mid-20s. Key drivers of this strong performance include:

  • Investments in customer acquisition over recent quarters, leading to steady order volume growth.
  • Robust retail performance, driven by same-store sales growth (SSSG) and the rapid expansion of the retail network, with 19 new stores opened in Q4 FY2025.
  • The growing success of the House of Nykaa is fueled by strong performances from both homegrown and acquired brands.

Fashion Vertical Performance

The GMV growth for the Fashion vertical is projected to be in the high teens, with a sequential improvement in the core platform business. However, net revenue growth is expected to be lower due to the underperformance of Nykaa Fashion-owned brands and reduced content-related activity in Q4 FY2025, which typically peaks in Q3.

 

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.

Key Corporate Action This Week: Dividend, Stock Split and More

This week, starting April 7, 2025, is important for investors as various corporate actions are scheduled during the 4-day trading week. The corporate action this week comprises dividends, stock splits and spin-offs of companies including Pervasive Commodities, Siemens, Ashiana Housing and others.

Dividend Announcements

Saraswati Saree and Ashiana Housing will trade ex-dividend, which means their share prices will adjust to exclude the value of the declared dividend payouts

Company Ex-Date Interim Dividend (₹) Record Date
Saraswati Saree Depot Ltd Apr 09, 2025 1.51 Apr 10, 2025
Ashiana Housing Ltd Apr 11, 2025 1.00 Apr 11, 2025

Both the companies mentioned above have declared interim dividends.

Stock Split

Under the Stock split, a company increases its outstanding shares in order to make the stock more affordable to investors. The stock split does not dilute the ownership interests of existing shareholders. During the week, Pervasive Commodities shares will split from the face value of ₹10 to ₹1. The shares will trade ex-date on April 7, 2025.

Spin-Off

A “spin-off” means when a parent company separates a subsidiary or business unit, creating a new independent company. On April 7, 2025, Siemens share price will trade ex-date due to the scheduled Spin-Off.

Conclusion

The week commencing April 7, 2025, presents key events for investors, including dividend announcements, a stock split, and a spin-off.

 

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.