Market News

As of 9:32 a.m. Eastern time, the S&P 500 was down 3.3%, the Dow Jones Industrial Average was down 2.7%, and the Nasdaq Composite was 4.5% lower.

IT stocks tank up to 10 pc on US reciprocal tariffs; Persistent, Coforge major losers

Axis Securities advises investors to increase cash holdings by up to 10% and selectively buy high-quality stocks amid market volatility from U.S. tariffs on Indian imports. They favor sectors like private banks, telecom, and healthcare, while expressing caution on the IT sector. The recent Reserve […]

US tariffs to create market uncertainty, India's exports to face challenges: Industry, experts

Despite the 26% tariff imposed by the US, India showed resilience with only a 0.40% decline in markets, while regional peers suffered bigger losses. Analysts believe India's IT and pharma sectors remain largely unaffected, suggesting potential for negotiation and macroeconomic recovery.

Advance Agrolife has filed its Draft Red Herring Prospectus with SEBI to raise funds via an Initial Public Offering. The IPO will issue up to 19,285,720 shares, raising ₹135 crore for working capital and general purposes. The company specializes in various agrochemical products.

Ramesh Damani believes Donald Trump will reverse his policies and declare victory to avoid admitting failure. He argues Trump's actions are damaging global order and U.S. economic power, but the world is rapidly forming new alliances and moving on. Damani asserts America will eventually realize its […]

The dollar is at risk of a confidence crisis if President Donald Trump’s trade war leads investors to dump US assets accumulated over the past decade, according to Deutsche Bank AG.

Bank of India share price rose 3% after reporting an 11.95% growth in global business for Q4 FY2025. Global deposits increased by 10.65%, while domestic deposits rose by 11.21%. Gross advances grew by 13.59% globally and 14.28% domestically.

Trump's 26% tariffs on Indian imports, effective April 9, target sectors like textiles. However, key exports remain exempt, offering India a competitive edge. The tariffs could dampen sentiment, but negotiations for a Bilateral Trade Agreement may lead to adjustments in duties on both sides.

Bank of Baroda's shares rose after a positive Q4 update, showing an 11.44% YoY growth in global business at ₹27.03 trillion. Advances surged by 12.88%, while deposits increased by 10.25%. Despite past declines, the stock is recovering, indicating renewed investor interest.

The Nifty 50, which started the session with sharp losses, erased most of them as the day progressed, ending at 23,243 points, down 0.38% from the previous close. Meanwhile, the Sensex closed 0.42% lower at 76,295 points.

Stock market today: Amid tariff turmoil, the stock market saw the Sensex fall by 322.08 points on Thursday, with 52 stocks hitting lows. The IT sector faced significant declines due to US tariffs, creating uncertainty for Indian exporters despite some sector resilience.

US tariffs initially caused market panic, but Sensex and Nifty rebounded, aided by pharmaceutical stock gains and lower crude prices. Experts recommend diversification and focus on quality stocks to navigate volatility.

Tata Motors stock falls nearly 3 pc

Silver prices are expected to remain under pressure, prompting traders to sell silver and buy gold. The gold-silver ratio is rising, reflecting cautious market sentiment and a preference for gold as safe-haven demand increases amid trade tensions.

Paramatrix Technologies share price surged as much as 18 per cent to ₹89.50 apiece on National Stock Exchange (NSE) in Thursday's trading session.

Shakti Pumps shares rose 4.3% to ₹1,011 after winning a ₹12.42 crore order for solar water pumping systems from MEDA. The company, holding a 25% market share in solar pumps, remains optimistic about growth with new orders and investments in its EV subsidiary.

Tesla share price has declined by over 25% year-to-date (YTD). However, over the past six months, Tesla stock price has gained 17.5%. On a one-year basis, Tesla shares have surged 68%.

Technical Picks: Vinay Rajani of HDFC Securities recommends these three stocks in the near term - HealthCare Global Enterprises Ltd, Aadhar Housing Finance Ltd, and Union Bank of India.

Marico shares have surged nearly 10.30 per cent in over a month despite weak market sentiments. The stock has given multibagger returns to its long-term investors by soaring over 150.41 per cent in five years.

Indian textile stocks rose despite US tariffs, with Vardhman Textiles gaining 18%. Experts suggest that Bangladesh's tariffs could boost Indian exports. The Indian government is focusing on the textile sector to enhance productivity and sustainability, attracting global buyers.

Summers, who is also the Harvard president, has sharply criticized Donald Trump’s newly announced tariffs, calling them “the most expensive and masochistic” policies the US has pursued in decades.

Trump's tariffs: According to experts, the announcement of reciprocal tariffs by the US is a significant development that marks the beginning of what could be a broader and more aggressive phase of global trade

US Tariff: 'Indian market to become more vulnerable to low-cost steel imports from other countries'

Avanti Feeds share price and Apex Frozen Foods share price declined between 7% and 19% after Trump's tariff announcement on India to the tune of 26%. The US accounts for $2.4 billion of India's shrimp exports, with a 40% market share.

Shares of Indian shrimp feed companies Avanti Feeds and Apex Frozen Foods fell sharply after the U.S. imposed a 26% tariff on Indian imports. The market reacted to concerns over the impact on India’s seafood export sector, as the U.S. is a major buyer of Indian shrimp.

Gold price today: Amid escalating global trade tensions, gold prices have soared to record highs, with spot prices reaching $3,164 per ounce. Investors are increasingly turning to gold as a safe-haven asset, as tariffs from Trump’s administration create uncertainty in markets.

Vipul Organics shares rose nearly 4% after its rights issue was oversubscribed by 80%, attracting applications worth ₹36.74 crore against a target of ₹20.41 crore. The rights issue price was reduced to ₹46 per share to enhance participation.

Stock to buy for long-term: Mazagon Dock Shipbuilders share price has surged 25% in one month, and more than 20% on a year-to-date (YTD) basis. In the past six months, the defence stock has rallied 32%.

The metals giant is going all in on scale and efficiency, with a $10 billion capex plan split between India and subsidiary Novelis Inc. over FY24-29.

US President Donald Trump's new retaliatory tariffs have caused a significant decline in global stock markets, including Indian indices. Nilesh Shah of Kotak AMC reflects on the historical context of power and accountability in international relations.

Affle India shares gained 45% in FY25. Will the digital ad boom spark another big rally in FY26? Find out…

GMR Airports' shares rose over 5% after Citi initiated coverage with a buy rating and a price target of ₹90. The brokerage predicts strong passenger growth and profitability starting FY26, bolstered by tariff hikes at Delhi Airport and positive cash flow trends.

The world’s largest footwear and apparel companies, like Nike and Gap are facing a shock to their supply chains after President Donald Trump announced new tariffs on Vietnam and other critical production hubs.

Retaggio Industries IPO allotment is finalized today, April 3. Investors can check their allotment status on Bigshare Services' portal. The IPO was oversubscribed 1.86 times. Shares will be credited to demat accounts on April 4, with refunds for unsuccessful applicants starting the same day.

Kirloskar Oil Engines stock has gained nearly 30.52 per cent in over a month despite weak market sentiments.

IDFC First Bank share price jumped over 3 per cent in Thursday's trading session after the private lender posted a strong provisional update for the fourth quarter of the financial year 2024-25.

Indian corporates shattered fundraising records in FY2024-25 by raising Rs 19.96 lakh crore through equity and debt instruments. Equity mobilisation doubled to Rs 3.71 lakh crore, driven by significant IPO activity and a resurgence in Qualified Institutional Placements. Debt fundraising also […]

Indian chemical and auto stocks, including Navin Fluorine, PI Industries, and Bharat Forge, fell up to 6% following the U.S. administration’s 26% blanket tariff on Indian imports. The chemical and automobile sectors, with significant U.S. exposure, are expected to face demand and revenue […]

Macquarie has recommended top stock ideas from a six-month to three year timeframe. The target prices imply upsides of 20% to 58.7% from the closing prices on Wednesday.

Egg prices are rising in the US because of a bird flu outbreak. The flu has killed many egg-laying hens. This has caused high prices and supply shortages. People are seeking egg alternatives. The government is trying to stabilize the market. Indian superfoods like lentils, chickpeas, tofu, and […]

Ben Affleck discussed his divorce from Jennifer Lopez, praising her ability to manage celebrity. He highlighted their different attitudes towards the spotlight. Affleck clarified that their 2024 documentary about their marriage did not cause their breakup. He participated in the documentary to […]

A Reddit user has given up their US green card due to high taxes and complicated immigration processes. They now live in the Middle East and plan to move back to Argentina. Their post has sparked discussions on the difficulties of being a green card holder in the US. Others are also considering […]

Yuval Noah Harari, an Israeli historian, warns that artificial intelligence (AI) is an independent decision-maker, not just a tool. He highlights the risks of AI acting autonomously, especially in military applications. Harari calls for regulation to ensure AI aligns with human values and warns of […]

During his first month in office, President Trump deported 37,660 people, significantly fewer than the monthly average under Joe Biden's administration. Experts predict deportation rates will rise as Trump's administration expands avenues for arrests and removals, including military-assisted […]

China announced new measures to simplify the marriage registration process to reduce financial burdens on couples, aiming to address the declining marriage rates and low birth rates. Couples will now be able to register their marriages locally, addressing the inconvenience and expense of traveling […]

Union Minister Nitin Gadkari informed that 26,425 km of Bharatmala projects have been awarded, with 19,826 km constructed. High-speed corridors are enhancing logistics and travel efficiency. Smart technology and regular safety audits ensure road quality and safety in the National Highways […]

SBI research predicts a 75 basis points rate cut in FY25 due to low inflation. Inflation is expected to be 3.9% in the fourth quarter and average 4.7% for the year. Industrial production grew to 5% in January 2025. Corporate revenue increased by 6.2% in Q3 FY25. Rising imported inflation and global […]

The RBI reported a moderation in net sales growth of select FDI companies to 9.3% in 2023-24 from 20.3% the previous year, attributed to the normalization of post-pandemic demand. Despite lower sales growth, cost rationalization led to a 20.4% increase in operating profits.