Finnovate Weekly Capsule (April 28 – May 2, 2025)

This Week in Simple Words

Let’s break down the week’s events into clear, digestible points so you understand what’s going on and how it could affect you.

1. India’s IIP Growth Picks Up Slightly

March IIP rose to 3.0%, helped by a jump in electricity output.
Export-oriented sectors were still under pressure.

2. US GDP Contracts by 0.3% in Q1

Higher imports and lower government spending dragged growth.
Consumers spent less, reflecting caution amid uncertainty.

3. US Inflation (PCE) Falls to 2.3%

Core inflation dropped as oil prices fell sharply.
Food inflation spiked, while services remained sticky.

4. Fed Rate Cuts Expected Later in the Year

Markets now expect 100 bps of cuts in 2025, and 25 bps more in 2026.

5. FPIs End April with Positive Net Equity Inflows

$510 million flowed in, after heavy selling in the first half of the month.
However, FPIs are still pulling money from Indian bonds.

6. Rupee Recovers as Dollar Weakens

DXY index has stayed below 100 for 3 weeks, easing pressure on the rupee.
The rupee improved from ₹87.5/$ to ₹84.5/$.

7. Brent Crude Falls to $60–61: Good News for India

Saudi supply increase and lower demand from the US pulled oil prices down.

8. S&P Lowers India’s FY26 GDP Estimate

Growth estimate cut by 20 bps to 6.3%, with more downside for FY27.

9. OYO Delays IPO Again

Third time postponed as Softbank lowers its valuation expectations.

10. Mutual Funds Ready to Rebound

Strong SIP inflows and positive equity returns are encouraging fund managers.

11. SC Rejects JSW’s Bhushan Steel Takeover

The court ordered liquidation instead, citing a breach of IBC norms.

12. SEBI Makes It Easier to Operate from GIFT City

No NOC required for brokers to start IFSC operations now.

13. Startup Funding at 1-Year Low in April

Funding dropped to $745 million, with Bengaluru and Delhi NCR leading the activity.

14. Godrej Properties Targets ₹32,500 Cr Bookings in FY26

Plans ₹40,000 crore worth of launches in major cities.

15. US Jobs Growth Slows in April

1.77 lakh jobs were added; unemployment steady at 4.2%.

16. Ather Energy’s IPO Sees Mild Response

Overall subscription at just 1.43x; HNI category underperformed.

17. Zoho Shelves Chip Plans

Couldn’t find the right partner; similar to Adani’s move earlier.

18. Infosys Cuts Trainee Workforce

800 trainees laid off for not clearing exams—signals tighter resource planning amid AI use.

19. India Orders 26 Rafale Naval Jets

$7.5 billion order; delivery starts in 5 years. Boosts defense stocks.

20. India–Pakistan Diplomatic Ties Severed

Indus Water Treaty suspended; Pakistan closes airspace for Indian flights.

21. BFSI Funds Lead Market Rally

Outperformed with 14.5% returns as Nifty bounced back. Other gainers: small-cap, mid-cap, and consumption funds.

Disclaimer: This content is for general information only. Please consult a trusted advisor before making any financial decisions based on the newsletter content.

Published At: May 03, 2025 02:45 pm

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