Latest Stock Market News

Dharmesh Shah suggests focusing on the domestic sector, with banking showing relative outperformance even in the current corrective phase. He advises positive stances on banking, NBFCs, PSU stocks, and metals, while viewing pullbacks in IT as exit opportunities.

Maneesh Dangi suggests bonds over equities in the near term due to global uncertainties introduced by Trump s tariffs. He foresees a potential recovery in India’s economy within five to six months and recommends focusing on domestic-facing sectors like BFSI and local consumption, while being cautious with globally-linked sectors.

Indian equities have remained weak in CY25, with the Nifty down 1.3%. Several logistics stocks saw sharp declines, with eight stocks falling over 20% so far.

European shares experienced their biggest daily loss in eight months due to fears of an escalating trade war after U.S. President Trump announced hefty tariffs. The STOXX 600 fell 2.7%, with significant losses in German, Italian, and French stocks. Investors moved to safer assets amid market volatility.

Approximately $2 trillion was wiped from the S&P 500 Index as new tariffs by President Trump raised fears of a recession. Apple, Nike, and other companies heavily dependent on overseas manufacturing saw steep declines. The levies could upend global supply chains, increase inflation, and depress consumer spending.

President Trump s unexpected tariffs have caused a significant impact on global financial markets, leading to a decline in U.S. stocks and the dollar. Major concerns arise over possible retaliatory actions from other countries, potentially pushing the global economy into a recession.

The NCLAT has approved Bharti Telecom s 2018 capital reduction scheme, dismissing claims of minority shareholders regarding unfair valuation. The tribunal found that the reduction followed standard practices and regulations, with 99.90% of shareholders in favor of the scheme, representing corporate democracy.

The Reserve Bank of India has issued a letter of displeasure to Bajaj Finance for failing to identify customer risks in its co-branded credit card business, prompting the NBFC to respond. A crucial role in co-branding agreements was highlighted by RBI, and customer complaints had surged, leading Bajaj Finance to halt new co-branded credit card sourcing with its banking partners.

Bankers have requested the Reserve Bank of India to reinstate the daily overnight borrowing window as the primary cash management tool to ensure better liquidity and quicker transmission of rate cuts. The RBI is expected to announce changes to the liquidity framework next week, coinciding with an anticipated repo rate reduction.

Banks in Mumbai are preparing for potential defaults from exporters heavily reliant on the US market due to new 27% tariffs. Lenders are reviewing their export loan books, focusing on impacted sectors like gems, jewellery, and textiles. Banks are also examining the tariff effects on competitors and RBI s upcoming policy review.