Tariff Paused: Will Indian Markets Explode Today?

Introduction

Guess what? While the world was losing its mind over trade wars, Trump dropped a curveball: a 90-day “Tariff Paused” for 75 countries. But here’s the spicy twist—China? Slapped with a jaw-dropping 125% tariff.

Global markets did a complete U-turn.

Nasdaq shot up 12%. S&P 500 soared nearly 10%.
And GIFT Nifty? Up 3.5%, hinting at a massive gap-up for Indian markets today.

From FMCG to Pharma to Specialty Chemicals, India suddenly looks like the friend-zoned kid who finally got noticed. Let’s break down what this means for your portfolio — and which stocks might go 🚀.

📦 Tariff Pause: Stocks to Watch

Trump’s “Tariff Paused for 90 Days” policy (except for China) has injected fresh life into global markets — and Indian stocks are no exception.

📈 GIFT Nifty surged over 3%, indicating a strong gap-up opening for Indian markets on April 11. Traders are already preparing for a short bull run, thanks to this combo of global cheer and the recent RBI rate cut.

But which sectors could benefit most?

Think exports, manufacturing, and alternatives to Chinese supply chains. Indian IT, pharma, auto components, specialty chemicals, and select textiles may see investor interest.

🧐 Want the full list of Indian stocks that could benefit big from this global reset?

👉 Read our in-depth blog here – it breaks down sector winners, key stocks, and exactly how this shift impacts your portfolio.

News Highlights

1. INOX Clean Energy Files ₹5,000 Cr IPO

INOX Group is back in the IPO game, this time with its clean energy unit planning a ₹5,000 crore listing. Apparently, they’ve caught the green bug—and they want your money to fund it. But jokes aside, with the global shift toward clean energy and India’s own solar obsession, the timing couldn’t be better.

🧾 Stock in Focus: INOX Wind / INOX Wind Energy

These two might start buzzing like overcharged windmills. IPO hype often spills over to listed cousins—expect some pre-listing drama here.

2. Gold Prices Rise – Because Nothing Says “Panic” Like Shiny Metal

Gold’s rally continues as the U.S. and China throw tariffs at each other like it’s a dodgeball match. Global investors are running for cover—into gold, obviously. Meanwhile, desi investors are calculating how many grams of gold they can afford this Akshaya Tritiya.

🧾 Stock in Focus: Titan, Muthoot Finance, Manappuram

When gold shines, these guys dance. Titan sells it, Muthoot and Manappuram lend against it. If gold crosses ₹70k, expect even more sparkle in these stocks.

3. Sun Pharma’s U.S. Dreams Hit a Legal Speed Bump

Sun Pharma was all set to launch its autoimmune drug Leqselvi in the U.S.—until a court said “Not so fast.” Thanks to a lawsuit by Incyte, the launch is now parked in legal limbo. Big Pharma drama never disappoints.

🧾 Stock in Focus: Sun Pharma

Don’t expect fireworks today. While this won’t break the company, it might weigh on the stock till the lawsuit settles. Short-term traders might want to sunblock this one.

Karnataka Is the EV Charging King—

Karnataka has zoomed ahead in the EV race with 5,800+ charging stations and a lead in public infra. Bengaluru traffic may still move at 5 km/hr, but hey, at least the vehicles are electric now.

🧾 Stock in Focus: Tata Power, Exide Industries

Tata Power is laying EV chargers faster than we’re laying excuses to skip gym. Exide’s battery game is strong too—plug in to these names if you want to ride the EV wave.

4. AI to Double Power Demand by 2030 – Because ChatGPT Has to Eat Too

AI isn’t just coming for your job, it’s coming for your electricity too. The IEA says data centres will double power usage by 2030—all thanks to our endless love for AI, memes, and streaming cat videos.

🧾 Stock in Focus: Sterlite Tech, NTPC, Adani Energy Solutions

More servers = more cables, more grids, more cooling = more money for these guys. Sterlite connects the dots, NTPC powers them, and Adani might just run the entire grid if we blink.

5. Biocon’s Cancer Drug Gets U.S. FDA Green Light – Finally, Some Good News

Biocon Biologics has secured FDA approval for Jobevne, a biosimilar of Avastin. Fancy name, but the bottom line is: it treats cancer, and it makes money. U.S. expansion? Check. Margin improvement? Hopefully.

🧾 Stock in Focus: Biocon Ltd

This one’s back in the game. With the U.S. market opening its doors, Biocon might just regain some lost investor love. Worth watching closely.

Stocks on Technical Radar

💫 Golden Cross Alert: Ramco Systems Ltd (CMP ₹371)

No, it’s not a new South Indian dish—Ramco Systems has served us a piping hot golden cross on the daily chart. The 13-day moving average has just crossed above the 49-day moving average, and that’s like a Bollywood hero entering the climax—momentum is building, and the crowd (read: traders) is cheering.

Volume? Check.
Trend reversal signs? Check.
Breakout hopes? Double check.

The stock has been trending up steadily and the golden cross confirms a possible bullish trend reversal. It’s already up 2.84% in the last session—so this train may just be warming up.

👉 If momentum continues, we could see resistance at ₹390-400 levels.
👉 But as always, keep an eye on volumes and broader market mood (because even golden crosses get dumped in bad markets).

TL;DR: If you’re into chart patterns and slightly risky romance, Ramco Systems might be your technical crush of the week.

💣 Small Cap Stock of the Day: SPML Infra

If infrastructure had a middle name, SPML would be it. Incorporated in 1981 and still going strong (despite market tantrums), SPML Infra Ltd is an old warhorse in the EPC game. At a current market price of ₹205, it’s quietly sitting under the radar—exactly where multi-baggers love to hide.

Business Snapshot:

SPML Infra is an ISO-certified infrastructure development company with a robust portfolio of over 650 projects across India. From building water treatment plants to powering up towns and managing waste, they’ve basically been doing all the unsexy but critical groundwork for decades.

And we’re not talking local panchayat work—clients include NTPC, Delhi Municipal Corp, PHED Rajasthan, Bihar State Power, and other state heavyweights.

So yes, they’re into real infra building, not some Excel-based “asset-light” storytelling.

Why This Stock is a Wild Card:

• Strong foothold in water infra—a sector the government is pouring crores into (pun intended).
• High execution capacity and long-term contracts.
• Hidden gem with legacy relationships across multiple states.

But let’s not ignore the elephant in the room…

High risk, high reward—SPML isn’t for everyone, but if you love digging for value in chaos, this one’s worth tracking.

What To Do Now: Your Action Plan

The market is ready to open with a bang — thanks to Trump’s tariff drama (which worked in our favour, for once). Here’s how to play smart:

✅ Book profits smartly – Market might open strong. Use that gap-up to lock in gains or enter again if it dips.

✅ Focus on strong news-backed stocks – Sun Pharma, Biocon, Ramco Cements, and AI/data-center themes look solid. Don’t chase random stocks.

✅ Ride the technical wave – Ramco Cement gave a Golden Cross. That’s a big deal for traders. Target ₹390–410 with trailing stoploss to lock profits.

✅ Daredevils only – SPML Infra is high risk but can surprise on the upside. It has real projects, government contracts, and low float. Just be careful.

🚫 Avoid overtrading – Market is full of emotion right now. Don’t get stuck buying highs and selling lows.

🎯 Final Thoughts

With tariffs paused (for us), RBI cutting rates, and global markets cheering — it’s a great chance for Indian investors to make the most of the momentum.

But remember — no rally comes without speed-breakers. So stay alert, use stoploss, and avoid chasing every green candle.

And hey, if you want to analyse these stocks like a pro — with charts, data, and trade ideas that actually work, check out Angel One.
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Let the markets do their drama. You just trade smart.

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