Adani Power Soars 7%; US Reduced Tariffs on China to 30% & More
- Share.Market
- 8 min read
- 12 May 2025
Highlights
Indian markets posted their biggest single-day gains in nearly a year as India-Pakistan tensions eased and US-China trade talks progressed.
Headline Indices
Sectors at a Glance
Top Gainers
| Company | Today’s Chg | LTP |
|---|---|---|
 Nifty ITNIFTY IT | +6.70%+2402.45 | 38282.55 |
 Nifty RealtyNIFTY REALTY | +5.93%+48.85 | 872.60 |
 Nifty MetalNIFTY METAL | +5.86%+493.70 | 8914.25 |
*Prices shown may have delay up-to 15 minutes
What moved the market?
*Prices shown may have delay up-to 15 minutes
INDIA VIX
Put Call Ratio of Nifty 50 (expiry: 15th May) is 1.18
Stocks In the News
BAJAJELECBajaj Electricals shares rose on May 12 after posting strong Q4 results, with revenue rising 6% year-on-year to ₹1,265 crore, supported by improved performance across business segments.
LTIMLTIMindtree secured its biggest-ever $450 million, 7-year deal with a global agribusiness firm to deliver AI-powered IT, infrastructure, and cybersecurity services, boosting efficiency via platforms like SAP and Azure.
ADANIPOWERAdani Power has received a 25-year supply contract from Uttar Pradesh Power Corporation Ltd for 1,500 MW of power from a new 2x800MW thermal project in Uttar Pradesh.
KECKEC International shares gained after the company announced fresh orders worth ₹1,034 crore across T&D (Transmission & Distribution), civil, and cable segments, including a semiconductor plant and a global STATCOM project.
India & The World
- The U.S. and China agreed to temporarily cut tariffs—the U.S. to 30%, China to 10%—for 90 days, easing trade war tensions and supporting global market stability.
- The U.S. dollar index surged over 1% to a four-week high, and 10-year Treasury yields rose to 4.45% as the U.S.-China tariff rollback boosted investor confidence.
- Sri Lanka’s foreign tourist arrivals rose 17.3% YoY in April 2025. However, arrivals dropped 23.9% from March due to seasonal trends.
Back to Basics
What is the Dollar Index?
The Dollar Index (DXY) measures the value of the U.S. dollar relative to a basket of six major global currencies: the euro, Japanese yen, British pound sterling, Canadian dollar, Swedish krona, and Swiss franc
If the DXY goes up, it means the U.S. dollar is strengthening compared to this basket of currencies; if it goes down, the dollar is weakening
Why does it matter?
A strong dollar can hurt emerging markets like India by:
- Depreciation of the Rupee
- Costlier Oil Imports
- Foreign Investor Outflows
For investors, a rising dollar can lead to increased pressure on Indian stocks and global markets.
Corporate Actions
| Stock | Ex-Date | Record Date | Event Type | Event Details |
| Foseco India | 14 May 2025 | 14 May 2025 | Final Dividend | ₹25.00 |
| R Systems International | 14 May 2025 | 14 May 2025 | Interim Dividend | ₹6.00 |
| BEML | 15 May 2025 | 15 May 2025 | Interim Dividend | ₹15.00 |
| Great Eastern Shipping Company | 15 May 2025 | 15 May 2025 | Interim Dividend | ₹5.40 |
| Manappuram Finance | 15 May 2025 | 15 May 2025 | Interim Dividend | ₹0.50 |
