IGI Logo

Indian equity benchmarks are likely to open in green on Tuesday, backed by positive global cues. Further, traders likely to take some support as foreign investors remained net buyers of Indian equities for a third straight day on Monday and bought shares to the extent of Rs 3,055.76 crore, as per provisional data.

Some of the key factors to be watched:

India's financial system resilient, diverse: an IMF report said that The Indian financial system has become more resilient and diverse, driven by rapid economic growth and withstood the pandemic well.

India, US team to finalise contours: India and the US are set to finalise the contours and terms of reference for a bilateral trade agreement during a three-day discussion starting Tuesday. The focus is on increasing trade predictability and integration, with the first phase of the agreement expected to be completed by fall 2025.

Private capex in India hits decade-low at 33% in FY24: ICRA report stated that private capital expenditure in India dropped to a decade-low 33% of total investments in FY24, with unlisted companies showing subdued investment compared to listed ones. The private sector focused on reducing debt instead of expanding.

India's engineering goods exports dip 8.6%: the Engineering Export Promotion Council (EEPC) India data showed that dragged down by iron, steel, aluminium and copper, India’s engineering goods exports declined from $9.94 billion in February last year to $9.08 billion the same month this year, down 8.62 per cent year-on year (Y-o-Y).

Steel stocks will be in focus: Ministry of Steel marked a key milestone with the signing of Memorandums of Understanding (MoU) under the Production-Linked Incentive (PLI) Scheme 1.1 for specialty steel.

On the global front: The US markets ended in green on Monday, after reports emerged that the Trump administration might take a more measured approach on tariffs against U.S. trading partners and could omit a set of industry-specific tariffs. Most of the Asian markets are trading mixed on Tuesday amid easing tariff worries.

Back home, Indian equity benchmarks extended their winning streak for the sixth consecutive session on Monday amid fresh foreign fund inflows and buying in PSU, Banking and Utilities shares. Finally, the BSE Sensex rose 1078.87 points or 1.40% to 77,984.38, and the CNX Nifty was up by 307.95 points or 1.32% to 23,658.35.

Some of the important factors in trade:

Renew optimism by foreign investors: Foreign institutional investors (FIIs) staged a strong comeback, making their highest equity purchase of 2025 at Rs 7,470.36 crore on Friday, according to exchange data. This marked the third session of net buying by FIIs this week, reversing their selling trend. 

India's Agri growth rate to be 20% in 2 years: Union Minister Nitin Gadkari has said that India's agricultural growth rate is expected to be 20 per cent in coming two years and the Centre's first priority is to make the sector economically viable and create more jobs.

India’s private sector output eases to 58.6 in March: The HSBC Flash India PMI report has said that India’s private sector output rose at a slower pace in March 2025 as compared to the previous month amid softer increase in services activity, as factory production rose at the quickest pace since July 2024. 

Above views are of the author and not of the website kindly read disclaimer