Tale of the Tape 

Howdy folks. Welcome back to the Daily Rip!

Nifty (+2.2%) and Sensex (+2.1%) zoomed as the good vibes around Trump’s tariff relief continued. Midcaps (+2.9%) and Smallcaps (+3.1%) popped off as well. A whopping 469 stocks in the NSE 500 ended higher.

It was a sea of green across sectors. Real Estate (+5.6%) led the rally, followed by Auto (+3.4%) and Metals (+3.2%).

Should you stop your SIPs when markets see a big correction? It’s natural to think twice, but read our top story below on why you SHOULDN'T sit on the sidelines. 

Amid the Trump tariff storm, mutual funds continued buying in March. More details below on their top picks & exits.

Banking stocks zoomed today! Check out their charts below to find out why.

Auto stocks jumped after Trump suggested he could offer some tariff relief. Tata Motors (+5%),  Sona BLW (+7%) and Samvardhana Motherson (+8%) saw solid gains.

Indian Hotels was up +6% after it said it added 100 new locations in FY25.

Allied Blender (-3%) recovered from the day’s low after it denied reports claiming the Andhra govt had frozen its bank accounts as part of an investigation.

Brokerage reactions. Ajanta Pharma was up +2% after Jefferies initiated coverage; the brokerage sees an over +10% upside. Meanwhile, Indigo (+2%) hit a record high after Motilal Oswal upgraded the stock.

Transrail Lighting jumped +8% after it secured new domestic orders worth Rs 1,085 cr.

Here are the closing prints:

Mutual Fund
Fill it, Shut it, Forget it!

The recent market correction has been scary AF, especially if you started investing after the pandemic! Latest stats show: India’s SIP stoppage ratio hit 128% in March. This means that the number of SIPs being stopped or finished > number of SIPs being started. If you’re holding back during tough times, here’s why that’s a BAD idea:

The basic idea of long-term investing is you ride out the bumps to get a cool +12% CAGR. The problem is that if you stop investing at the bottom of the cycle, you miss out BIG time. 

For example, suppose you did a Rs 1,000 SIP from July 1999 to March 2025 into the Nifty index. You would’ve invested around Rs 3.1 lakh and your total corpus would’ve been Rs 27.5 lakh.

But, if you stopped that SIP during India’s biggest bear markets, the picture would be a LOT different.

• If you stopped during the dotcom bubble (2000 to 2003), you would have missed Rs 36,000 in SIPs and your total corpus would’ve been just Rs 17.3 lakh in March 2025.

• If you chickened out during the global financial crisis (2008 to 2010), you woud’ve missed Rs 34,000 in SIPs and your corpus would’ve been reduced to Rs 25.2 lakh in March 2025.

• If you halted your SIPs during Covid (Jan 2020 to Nov 2020), you would’ve missed just Rs 10,000 in SIPs, but your corpus would have been reduced by Rs 4 lakh (Rs 23.7 lakh vs 27.5 lakh).

Go deeper: The moral is simple -- decide on an investment thesis, and hold true to it. If you have to dump stocks, dump them because the stock sucks, not because the market mood is nervous due to macro factors!

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