Latest Stock Market News

Amidst tariff uncertainties and market volatility, Deepak Shenoy advises investors to be cautious, focusing on domestic manufacturing, infrastructure, and consumption-driven sectors in India. He suggests strategic allocation towards companies producing in and for India, capitalizing on the Surge India trend for long-term growth. While anticipating short-term challenges, Shenoy remains bullish on India s long-term prospects.

On the positive side there has been a good union budget (tax rates cut), easing actions by the central bank (rate cuts, liquidity boost, regulatory relaxations), and uptick in government spending. The rally in March was a welcome relief. However, I believe that the markets could remain rangebound in the near term.

Indian stock markets face a sharp downturn, with the Sensex plummeting and investors losing significant wealth amid global trade war fears. Experts advise a strategic shift towards domestic-focused sectors like FMCG, financials, and infrastructure, leveraging India s strong internal consumption and fiscal policies.

Adani Ports has begun operations at the $800 million Colombo West International Terminal, a fully automated deep-water facility developed with Sri Lanka’s John Keells Holdings and the Ports Authority. The terminal boosts Colombo’s transshipment capabilities and regional trade links. Analysts remain bullish on Adani Ports, with a target price suggesting 39% upside from current levels.

KPI Green Energy shares: The company announced the termination of the order awarded to M/s Sai Bandhan Infinium for the project. The termination was due to a change in the project’s technical requirements received after the order was placed.

ICICI Securities recommends buying Bharti Airtel with a target price of Rs 1925 as its current market price is Rs 1693.1. The company reported strong Q3 financials with a total income of Rs 45599 crore and a net profit of Rs 14474.9 crore. Bharti s EBITDA is expected to benefit from Indus consolidation.

Several banks within the Nifty500 index, including Canara Bank and Bank of Baroda, demonstrated improved asset quality in Q3 FY25. These banks reported a decrease in net Non-Performing Assets (NPAs) compared to Q2 FY25. Investors in banking stocks are closely monitoring these NPA figures as Q4 FY25 results approach, indicating a positive trend in the banking sector s financial health.

Indian benchmark indices Nifty 50 and Sensex rebounded on Tuesday, recovering from Monday s sharp decline triggered by U.S. tariff concerns. Early trading saw widespread buying across sectors, with the BSE Sensex rising 1.56% and the Nifty 50 gaining 1.65%. Markets are also anticipating the Reserve Bank of India s policy decision on the repo rate, expected on April 9.

Brigade Enterprises has signed a Joint Development Agreement for a premium residential project in central Mysuru, spanning over 10 acres with a GDV of Rs 225 crore. The project will include plots and high-end apartments, enhancing the company’s presence in Karnataka’s top Tier 2 city. Analysts remain bullish, with a target price indicating a 58% upside.

Havells India s Lloyd has introduced its premium Luxuria Collection, featuring innovative air conditioner models and other consumer durables. To meet rising demand, Lloyd has expanded its manufacturing capacity to 3 million ACs per annum across its Ghiloth and Sri City plants. This strategic move aims to solidify its position in the premium market by offering superior quality and design.