What’s Stirring Up the Stock Market Today?
The Indian stock market is bracing for a turbulent Thursday. After three straight sessions of robust gains, investors are tightening their seatbelts for a possible dip. The trigger? Mixed cues from global markets and earnings season jitters.
At 8:00 AM, GIFT Nifty Futures was down 53 points, standing at 23,380. While some Asian indices are flashing green, concerns from Wall Street and Fed commentary are weighing heavy on investor sentiment.
So, what does this mean for today’s trading landscape? Buckle up as we dissect the top stocks to watch today—Wipro, Paytm, Hero MotoCorp, and Angel One—and navigate through market cues, economic signals, and expert takes.
Stocks to Watch Today
Wipro Shines Bright with a 26% Jump in Net Profit
Wipro has delivered a stellar performance in Q4 FY25, with a 26% year-over-year increase in net profit, clocking in at ₹3,570 crore. Compared to the ₹2,835 crore from the same quarter last year, this surge is a testament to the IT giant’s operational efficiency amid global tech disruptions.
- Revenue: ₹22,504 crore (up 1%)
- Focus Areas: Cloud services, AI transformation, and cybersecurity
- Future Outlook: With strong client acquisition and a healthy project pipeline, Wipro is on track for sustainable growth.
“We’re seeing increased demand for AI-led digital transformation,” said Wipro CEO Thierry Delaporte.
Paytm: Navigating a Tough Regulatory Landscape
Paytm continues to be in the spotlight—but this time, not entirely for the right reasons. The fintech player is grappling with regulatory pressures and market scrutiny, which have cast a shadow over its stock performance.
- Q4 Performance: Weak margins and muted user growth
- Challenges: Compliance issues with RBI and tightening KYC norms
- Positives: Diversification into lending, insurance, and AI-led customer engagement
Paytm’s road to recovery hinges on strategic pivots and regulatory alignment.
Hero MotoCorp: Riding High on Demand and Exports
India’s two-wheeler giant, Hero MotoCorp, is showing signs of a robust turnaround. Amid rising domestic demand and a spike in overseas shipments, Hero’s outlook looks bullish for the near term.
- Earnings Preview: Positive due to festive season demand spillover
- Export Growth: 15% YoY increase in exports, led by Africa and Latin America
- EV Push: Launch of new electric scooters expected in FY26
With rural recovery gaining traction, Hero MotoCorp is a stock to watch today without a doubt.
Angel One: A Retail Brokerage Powerhouse
Angel One has emerged as a major force in the retail broking space. Its Q4 numbers have impressed both analysts and investors alike.
- Q4 Net Profit: ₹289 crore (YoY growth of 34%)
- Client Base: 1.5 crore+ active clients
- Revenue Growth: Driven by increased trading volumes and subscription services
With its growing ecosystem and tech-first approach, Angel One is becoming a retail investor favorite.
Why Are Indian Markets Looking Bearish Today?
The sentiment on Dalal Street has turned cautious despite recent gains. What’s fueling the hesitation?
- Global Headwinds: Powell’s comments on tariffs and inflation
- US Market Fall: S&P 500 down 2.24%, Nasdaq plummeted 3.07%
- Domestic Earnings: Q4 results are trickling in, but mixed signals from IT and finance are spooking investors
Table: Major Global Indices Movement
| Index | Movement | Change (%) |
|---|---|---|
| S&P 500 | -120.93 | -2.24% |
| Nasdaq | -516.00 | -3.07% |
| Dow Jones | -699.57 | -1.73% |
| Nikkei 225 | +0.75% | Up |
| Hang Seng | +1.00% | Up |
Key Economic Indicators to Watch Today
Monitoring the macro indicators? Keep these on your radar:
- Inflation Trends: CPI data to be released next week
- Crude Oil Prices: Brent steady at $90/barrel
- Rupee Movement: ₹83.45/$, showing resilience
Q4 Earnings Season: What to Expect?
It’s that time again—when earnings dictate market direction. While IT has had a slow start, other sectors are showing promise.
Sectors to Track:
- Banking: Mixed bag with PSU banks likely to outperform
- Auto: Strong domestic demand
- FMCG: Marginal growth amid inflationary pressure
Analyst Reactions on Stocks to Watch Today
Let’s see what market gurus have to say:
- “Wipro is regaining lost ground; hold with a medium-term perspective.” – ICICI Direct
- “Angel One’s digital focus is its strongest asset.” – Kotak Institutional Equities
- “Paytm’s revival will take time; risk-averse investors should wait.” – Motilal Oswal
Wipro: What’s Driving the Profit Surge?
Apart from topline growth, Wipro’s margin expansion and cost controls were key contributors. Strategic investments in cloud and AI have started bearing fruit.
Paytm: How Much of the Bad News Is Priced In?
Investors are debating whether Paytm’s current valuation reflects the worst-case scenario. With the stock correcting significantly, any regulatory clarity could spark a rebound.
Hero MotoCorp: Can It Sustain Momentum?
Hero’s push into the EV segment and strong export numbers are encouraging. The rural market recovery and focus on premium offerings could further boost revenues.
Angel One: What’s Fueling Its Rise?
From mobile-first experiences to AI-powered trading bots, Angel One is revolutionizing retail broking. Its cost-efficient model and high-margin services are improving profitability.
Should You Buy, Sell, or Hold These Stocks Today?
| Stock | Action | Rationale |
|---|---|---|
| Wipro | Hold | Strong earnings but global headwinds remain |
| Paytm | Watch | Await clarity on regulatory issues |
| Hero MotoCorp | Buy | Strong fundamentals and EV potential |
| Angel One | Buy | Expanding market share and strong tech moat |
Intraday Tips for April 17
- Wipro: Resistance at ₹480, Support at ₹455
- Paytm: Volatility expected, trade cautiously
- Hero MotoCorp: Buy on dips near ₹3,950
- Angel One: Momentum likely above ₹2,200
Technical Analysis Snapshot
| Stock | RSI (14) | Trend | Volatility |
|---|---|---|---|
| Wipro | 62 | Bullish | Medium |
| Paytm | 45 | Bearish | High |
| Hero MotoCorp | 70 | Overbought | Medium |
| Angel One | 68 | Bullish | Low |
Market Movers to Watch Beyond the Big Four
- HDFC Bank: Likely to report strong quarterly performance
- Infosys: Earnings awaited
- TCS: Under pressure after muted guidance
Stocks to Watch Today, April 17: Wipro, Paytm, Hero MotoCorp, Angel One
In summary, these four stocks are drawing the spotlight for different reasons—stellar results, regulatory tussles, strong consumer demand, and tech disruption. Whether you’re a seasoned investor or a curious beginner, keeping an eye on these can shape your portfolio’s performance.
FAQs
1. What are the key stocks to watch today, April 17?
Wipro, Paytm, Hero MotoCorp, and Angel One are among the top stocks to monitor today due to their Q4 performances and sector dynamics.
2. Why is Paytm under pressure in the stock market?
Regulatory scrutiny and weak earnings have put downward pressure on Paytm’s stock.
3. Is Hero MotoCorp a good long-term investment?
Yes, especially with its EV initiatives and rising export numbers supporting long-term growth.
4. How did Angel One perform in Q4 FY25?
Angel One posted a 34% YoY growth in net profit, driven by increased client acquisition and trading volumes.
5. What’s affecting Indian markets today?
Global cues, especially Powell’s inflation comments and US market dip, along with Q4 earnings results, are impacting sentiment.
6. Should I invest in Wipro now?
If you’re looking for a stable IT stock with improving margins, Wipro could be a solid hold.
Conclusion: Navigating the Market Maze
April 17 presents a mix of caution and opportunity. While global signals may shake market confidence, individual stocks like Wipro and Hero MotoCorp are showing strength. Angel One’s rise as a retail investing platform is hard to ignore, and even Paytm’s troubles could turn into opportunities with the right triggers.
Stay informed, stay diversified—and keep the “stocks to watch today” list close. Because the right pick at the right time can change your entire game.
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