GIFT Nifty, a key indicator for Indian markets, was down 123.5 points (-0.53%) at 23,191 as of 08:48 AM. This suggests a weak market opening amid cautious investor sentiment.
In the previous trading session, the Sensex declined by 322.08 points (-0.42%) to close at 76,295.36, while the Nifty 50 fell by 82.25 points (-0.35%) to settle at 23,250.10.
Here are the key stocks to watch today on April 04, 2025:
Godrej Properties has announced the termination of its land development agreement with TCM Limited (formerly Travancore Chemical & Manufacturing Co Ltd) for a Thrikkakara, Kochi project. Originally signed on February 15, 2008, the agreement was formally cancelled on March 3, 2025.
RBL Bank has undergone a leadership reshuffle, appointing Narendra Agrawal as President & Head of Branch Banking and Retail Liabilities, while T.S. Pari takes over as Chief Operations Officer (COO). Meanwhile, the Maharashtra State GST Department has launched a search operation at three of the bank’s offices under Section 67 of the Maharashtra Goods and Services Tax (MGST) Act, 2017.
L&T’s Power Transmission & Distribution (PT&D) division has secured multiple contracts for key infrastructure projects.
In India, L&T will construct 765kV and 400kV transmission lines linked to a Renewable Energy Zone in Uttar Pradesh and a 400kV transmission line in southern India for evacuating power from a non-fossil fuel-based power plant.
Internationally, L&T has won an order in Saudi Arabia to build a 380kV Gas Insulated Substation (GIS) and another contract in Abu Dhabi for a new 220/33kV grid station.
Power Finance Corporation (PFC) has refinanced a $1.06 billion (₹9,261 crore) construction-linked loan for Adani Green Energy. This 19-year fixed-rate loan highlights challenges in offshore fundraising for the Adani Group amid an ongoing US Department of Justice probe.
Key developments in focus include Godrej Properties’ project cancellation, RBL Bank’s leadership changes and regulatory scrutiny.
Meanwhile, L&T continues its infrastructure expansion with new domestic and international contracts, and PFC’s refinancing of Adani Green Energy’s loan highlights challenges in the renewables sector. Investors should monitor these updates closely as market sentiment remains cautious.
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.
Published on: Apr 4, 2025, 9:12 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
