- India,
- 11-Apr-2025 08:34 AM IST
Share Market Today: The sharp fall in the US stock markets on Thursday may have increased the concern of global investors, but the Indian stock market is expected to see a relief rally on Friday. The record rise in the US markets on Wednesday, the positive movement of Asian and European markets and the indication of some tariff concessions at the global level have revived the hopes of Indian investors. Let us know the five major reasons, which can give strength to the stock market on Friday.1. 90 days relief in tariff to IndiaUS President Donald Trump's decision to remove tariffs for most countries including India for 90 days is a big positive sign for the market. This step will remain in force till July 9. During this time, talks are also going on between India and America regarding the trade agreement. If a permanent agreement is made in this period, then the fear of US tariffs can be completely eliminated.2. Support from global marketsEven though the US S&P 500, Dow Jones and Nasdaq fell by 3-5 percent on Thursday, the historic rise of the previous day has given confidence to investors. At the same time, a broad surge was seen in the stock markets of Europe and Asia on Thursday. A rise of more than 9% in Japan and Taiwan, 6.6% in South Korea, 4.8% in Indonesia, 2.1% in Hong Kong and 1.2% in China has indicated that the Indian market can also take advantage of this positive environment.3. Reduction in the possibility of recessionGoldman Sachs has reduced its forecast on the possibility of recession in the US and now said it is 45% within a year, whereas earlier they were talking about it till 2025. The effect of Trump's tariff break is clearly visible here. The reduction in the chances of recession can boost the morale of investors, due to which investment in the Indian market is expected to increase.4. Possibility of strengthening of rupeeThe rupee was weak in the last four trading sessions, but now due to the fall in the dollar index and tariff exemption, there is a possibility of a rise in the rupee. The strength of the rupee can attract foreign investment, which can strengthen the domestic stock market.5. Possible return of foreign investorsForeign investors had withdrawn more than Rs 27,000 crore in April, but due to the relief from tariffs and signs of stability in global markets, they can once again turn to the Indian market. This return can strengthen the market.Experts' opinionAkshay Chinchalkar, Research Head, Axis Securities believes that whatever rise is seen in the market on Friday will be mainly due to short covering and this rally can be limited to 3%. He says that the increase in inflation and treasury yield has forced Trump to remove the tariff.Siddharth Bhamare, Research Head, Asit C Mehta Intermediates says that the market is expected to bounce back, but it may not be sustainable as the US-China trade war is still in a serious situation.