Latest Economy Stock Market News

A Bank of Japan official stated that global markets face volatility from U.S. tariff uncertainty but haven't seen a significant decline in short-term liquidity, unlike during the 2008 crisis. Japan prepares for trade talks with the U.S., addressing currency policy concerns, as it faces 25% tariffs on car exports, a major export sector.

U.S. stocks rose Monday as Apple boosted the S&P 500 after the White House exempted smartphones and computers from new tariffs. Tech shares, including Dell and HP, gained, while semiconductors saw modest increases. Despite a "death cross" pattern in the S&P 500, indexes closed higher, though uncertainty over future tariffs tempered optimism.

Investors pulled a record $5.57 billion from US-listed emerging market ETFs in the week ended April 11, with $3.69 billion from China-specific funds. Outflows from major China ETFs hit record highs amid escalating US-China trade tensions, with both countries imposing higher tariffs, raising concerns about global growth and prompting China to consider stimulus measures to support its economy.

The Nifty is expected to continue its uptrend, with technical indicators suggesting a bullish outlook. Key resistance is at 23,000–23,058, and a move above this level could strengthen the trend. India VIX remains elevated, indicating ongoing volatility. Analysts recommend accumulating stocks like Ambuja Cement, HDFC Life, and Bajaj Finance, which have formed bullish patterns.

Shares of fertiliser makers like Coromandel International and Chambal Fertilisers have surged 10-31% in a month, driven by robust volume growth, price hikes, and subsidy gains. Coromandel stands out with a 92% Ebitda increase and its acquisition of NACL, expanding its agrochemical reach. The sector expects strong Q4 performance, with fertiliser volumes rising 5% YoY.

South Korea announced a 33 trn won ($23.25 bn) support package for its semiconductor industry, a 25% increase from last year's 26 trillion won. The move aims to help companies compete globally amid U.S. policy uncertainty and rising Chinese competition. Financial aid was also boosted to 20 trillion won. South Korea, home to Samsung and SK Hynix, saw 2024 semiconductor exports reach $141.9 bn.

The US FTC is suing Meta, seeking to break it up for allegedly monopolizing social media through its acquisitions of Instagram and WhatsApp. The trial, which began Monday, focuses on whether Meta's purchases stifled competition and if it dominates the "personal social networking services" market. Meta will defend against these claims, with testimony expected from CEO Mark Zuckerberg and others.

LVMH reported a 3% sales decline in Q1, missing expectations, as luxury spending slowed amid economic uncertainty. The French luxury group generated 20.3 billion euros in revenue, with its fashion and leather goods division, including Louis Vuitton and Dior, dropping 5%. U.S. sales slightly declined, while Japan underperformed.

The biggest buyers of leveraged loans, such as collateralized loan obligations (CLOs), are reducing purchases, making it harder for riskier companies to access the $1.4 trillion market. Investors are pulling back amid tariff-related volatility, with U.S. leveraged loan funds seeing a record $6.5 billion outflow. CLO ETFs are also facing significant redemptions, forcing sales of existing bonds.

India and the U.S. have finalized terms for the first phase of a bilateral trade agreement, aiming for $500 billion in trade by 2030. Key negotiations focus on India's tariffs on staples like rice and wheat, while the U.S. seeks access for corn, soybeans, and dairy products. India's high tariffs and non-tariff barriers, such as GM food restrictions, are major sticking points.

Wall Street’s top banks, including Goldman Sachs, JPMorgan, and Morgan Stanley, reported record equity trading revenues in the first quarter, driven by market volatility linked to President Trump’s trade policies. JPMorgan saw a 48% rise to $3.81 billion, while Morgan Stanley and Goldman Sachs also surpassed previous records with $4.13 billion and $4.19 billion, respectively.

Retail investors grabbed a golden opportunity to book profits on gold in March as heightened market volatility and stock price corrections soured their return expectations from equities. Equity fund inflows fell to an 11-month low last month, while investors cashed out on the precious metal, capitalising on its outperformance during these uncertain times.

China's economic slowdown, driven by Trump's trade war, is straining its jobs market, with 20 million workers at risk from US tariffs. Job openings have plunged 30%, and hiring plans are at a six-month low. Despite 5% GDP growth, employment struggles persist, hindering efforts to boost consumption. Goldman Sachs forecasts 4% GDP growth for 2025.

Mantra's OM token crashed over 90% in hours, triggering $71.8M in liquidations, with its price dropping from $6.30 to $0.70 and market cap falling from $6B to $683M. OKX cited potential token economic issues and suspicious on-chain activity. Mantra's co-founder blamed centralized exchanges for forced liquidations during low-liquidity hours, while denying "rug pull" allegations.

The GST department has summoned several restaurants to investigate if they evaded tax on packaging charges collected via food delivery apps like Swiggy and Zomato. Restaurants have been asked to provide GST details on packaging charges since January 2022. Authorities are also considering imposing a 5% tax on food apps, though no official confirmation has been made.

BP announced an oil discovery in the Far South field in the U.S. Gulf of Mexico, with both the initial well and a sidetrack encountering oil. BP, the operator with a 57.5% stake, plans to increase Gulf production to 400,000 boepd by 2030 and is advancing developments in the Paleogene geological structure, including Kaskida and Tiber.

Goldman Sachs' first-quarter profit rose 15% to $4.74 billion, driven by record equities trading revenue of $4.2 billion amid market volatility. Investment banking fees fell 8% to $1.9 billion, while fixed income trading rose 2%. CEO David Solomon warned of a challenging environment ahead, citing economic uncertainty and tariff-related concerns. Shares rose 1% pre-market.

A Bank of Japan official stated that global markets face volatility from U.S. tariff uncertainty but haven't seen a significant decline in short-term liquidity, unlike during the 2008 crisis. Japan prepares for trade talks with the U.S., addressing currency policy concerns, as it faces 25% tariffs on car exports, a major export sector.

U.S. stocks rose Monday as Apple boosted the S&P 500 after the White House exempted smartphones and computers from new tariffs. Tech shares, including Dell and HP, gained, while semiconductors saw modest increases. Despite a "death cross" pattern in the S&P 500, indexes closed higher, though uncertainty over future tariffs tempered optimism.

Investors pulled a record $5.57 billion from US-listed emerging market ETFs in the week ended April 11, with $3.69 billion from China-specific funds. Outflows from major China ETFs hit record highs amid escalating US-China trade tensions, with both countries imposing higher tariffs, raising concerns about global growth and prompting China to consider stimulus measures to support its economy.

The Nifty is expected to continue its uptrend, with technical indicators suggesting a bullish outlook. Key resistance is at 23,000–23,058, and a move above this level could strengthen the trend. India VIX remains elevated, indicating ongoing volatility. Analysts recommend accumulating stocks like Ambuja Cement, HDFC Life, and Bajaj Finance, which have formed bullish patterns.

Shares of fertiliser makers like Coromandel International and Chambal Fertilisers have surged 10-31% in a month, driven by robust volume growth, price hikes, and subsidy gains. Coromandel stands out with a 92% Ebitda increase and its acquisition of NACL, expanding its agrochemical reach. The sector expects strong Q4 performance, with fertiliser volumes rising 5% YoY.

South Korea announced a 33 trn won ($23.25 bn) support package for its semiconductor industry, a 25% increase from last year's 26 trillion won. The move aims to help companies compete globally amid U.S. policy uncertainty and rising Chinese competition. Financial aid was also boosted to 20 trillion won. South Korea, home to Samsung and SK Hynix, saw 2024 semiconductor exports reach $141.9 bn.

The US FTC is suing Meta, seeking to break it up for allegedly monopolizing social media through its acquisitions of Instagram and WhatsApp. The trial, which began Monday, focuses on whether Meta's purchases stifled competition and if it dominates the "personal social networking services" market. Meta will defend against these claims, with testimony expected from CEO Mark Zuckerberg and others.

LVMH reported a 3% sales decline in Q1, missing expectations, as luxury spending slowed amid economic uncertainty. The French luxury group generated 20.3 billion euros in revenue, with its fashion and leather goods division, including Louis Vuitton and Dior, dropping 5%. U.S. sales slightly declined, while Japan underperformed.

The biggest buyers of leveraged loans, such as collateralized loan obligations (CLOs), are reducing purchases, making it harder for riskier companies to access the $1.4 trillion market. Investors are pulling back amid tariff-related volatility, with U.S. leveraged loan funds seeing a record $6.5 billion outflow. CLO ETFs are also facing significant redemptions, forcing sales of existing bonds.

India and the U.S. have finalized terms for the first phase of a bilateral trade agreement, aiming for $500 billion in trade by 2030. Key negotiations focus on India's tariffs on staples like rice and wheat, while the U.S. seeks access for corn, soybeans, and dairy products. India's high tariffs and non-tariff barriers, such as GM food restrictions, are major sticking points.

Wall Street’s top banks, including Goldman Sachs, JPMorgan, and Morgan Stanley, reported record equity trading revenues in the first quarter, driven by market volatility linked to President Trump’s trade policies. JPMorgan saw a 48% rise to $3.81 billion, while Morgan Stanley and Goldman Sachs also surpassed previous records with $4.13 billion and $4.19 billion, respectively.

Retail investors grabbed a golden opportunity to book profits on gold in March as heightened market volatility and stock price corrections soured their return expectations from equities. Equity fund inflows fell to an 11-month low last month, while investors cashed out on the precious metal, capitalising on its outperformance during these uncertain times.

China's economic slowdown, driven by Trump's trade war, is straining its jobs market, with 20 million workers at risk from US tariffs. Job openings have plunged 30%, and hiring plans are at a six-month low. Despite 5% GDP growth, employment struggles persist, hindering efforts to boost consumption. Goldman Sachs forecasts 4% GDP growth for 2025.

Mantra's OM token crashed over 90% in hours, triggering $71.8M in liquidations, with its price dropping from $6.30 to $0.70 and market cap falling from $6B to $683M. OKX cited potential token economic issues and suspicious on-chain activity. Mantra's co-founder blamed centralized exchanges for forced liquidations during low-liquidity hours, while denying "rug pull" allegations.

The GST department has summoned several restaurants to investigate if they evaded tax on packaging charges collected via food delivery apps like Swiggy and Zomato. Restaurants have been asked to provide GST details on packaging charges since January 2022. Authorities are also considering imposing a 5% tax on food apps, though no official confirmation has been made.

BP announced an oil discovery in the Far South field in the U.S. Gulf of Mexico, with both the initial well and a sidetrack encountering oil. BP, the operator with a 57.5% stake, plans to increase Gulf production to 400,000 boepd by 2030 and is advancing developments in the Paleogene geological structure, including Kaskida and Tiber.

Goldman Sachs' first-quarter profit rose 15% to $4.74 billion, driven by record equities trading revenue of $4.2 billion amid market volatility. Investment banking fees fell 8% to $1.9 billion, while fixed income trading rose 2%. CEO David Solomon warned of a challenging environment ahead, citing economic uncertainty and tariff-related concerns. Shares rose 1% pre-market.

The US has raised tariffs on Chinese imports, impacting consumers due to high dependence on Chinese goods in categories like electronics, home appliances, and textiles. China supplies 99.7% of US toasters, 81% of smartphones, and dominates in toys, lithium-ion batteries, and holiday items. Tariffs now range up to 173%, with President Trump citing unfair trade practices.

Palantir Technologies' shares surged 8% after NATO acquired its AI-enabled military system, Maven Smart System NATO, to enhance warfighting capabilities. The acquisition, finalized in six months, is one of NATO's fastest procurements and will be operational within 30 days. Palantir's stock has risen over 300% in the past year and 25% in 2025.

One small-cap stock to buy, Graham Corporation (GHM), due to its strong revenue growth, rising EPS, and improved free cash flow. It advises selling Semtech (SMTC) and GMS due to operating losses, declining sales, and poor returns. The market outlook remains uncertain for 2025, but the article suggests focusing on high-quality stocks.

Ray Dalio, founder of Bridgewater Associates, warns that U.S. President Donald Trump’s tariff policies are pushing the economy closer to recession. Dalio, who predicted the 2008 housing crisis, also expressed concern over the nation’s $36 trillion debt, calling it a "ticking time bomb." He highlighted rising geopolitical tensions and a shift from multilateralism to unilateralism as key risks.

Wall Street strategists compare the unpredictable tariff situation to *Forrest Gump’s* box of chocolates, citing confusion amid rapid changes. Trump’s April 2 tariff announcement caused the S&P 500’s worst week since 2020, but a 90-day pause on April 9 led to its best day since 2008. Tech companies like Apple and Nvidia may benefit from exemptions, but uncertainty persists.

Sathlokhar Synergys E&C Global, an SME stock listed on NSE in August 2024, has delivered a 250% return to IPO allottees. Priced at ₹140, the IPO was oversubscribed 211 times. Listing at ₹260, it surged to ₹695.45 within a month. Currently trading at ₹488.50, it recently secured a ₹219.22 crore order, boosting its order book to ₹1,124.02 crore.

Rising unemployment concerns in the US reached pandemic-era levels in March, with a 44% probability of higher unemployment in a year, the highest since April 2020. Lower-income households saw the largest increase. The Fed forecasts a 4.4% unemployment rate for 2025, with some economists predicting 5.2%. Inflation expectations rose to 3.6% for the next year.

Apple's iPhone shipments surged 10% in Q1, reaching 57.9 million units, driven by stockpiling to avoid U.S. tariffs on China. Apple led global smartphone sales with a 19% market share, boosted by the iPhone 16e and strong demand in Japan and India. Shares rose 4.5% after the U.S. excluded smartphones from tariffs, with an options trader's bet yielding a 180% gain.

The department of investment and public asset Management (DIPAM) is set to invite expressions of interest (EOIs) for the strategic sale of at least two of the three remaining Air India subsidiaries this month, sources have told Moneycontrol. The government will invite EOIs for two of Air India's subsidiaries—AIESL, AIASL, and AAAL—this month to expedite their sale.

GAIL (India) Limited has invited an Expression of Interest (EOI) to acquire up to a 26% stake in a US LNG project and secure a 15-year LNG supply contract for 1 MMTPA, starting around 2029-2030. This aligns with India's plan to increase US oil and gas imports from $15 billion to $25 billion, as agreed during Prime Minister Modi's visit to the US.

Even as macroeconomic uncertainty and global trade tensions cloud near-term market sentiment, Prabhudas Lilladher Capital maintains an optimistic long-term outlook for Indian equities, setting a bull case Nifty target of 27,590 based on FY27 EPS estimates. Base case target was revised to 25,521 amid global and domestic macroeconomic challenges, reflecting sectoral resilience and policy support.

Shares of Indian electronics manufacturers like Dixon and PG Electroplast will react to Trump's tariff review on April 15. Trump announced exemptions for electronics like smartphones and laptops but included them in upcoming semiconductor tariffs. Indian exporters gain a 20% tariff advantage over China. Apple's $22 billion iPhone production in India highlights shifting supply chains.

Immuno-oncology stocks delivered a strong Q4 with revenues beating estimates by 3.5%, yet shares dropped 15% on average. Natera led with 53% revenue growth and an 8.6% estimate beat, while Regeneron saw 10.3% growth. Incyte underperformed, with shares down 24.5% despite 16.3% revenue growth. Exact Sciences had 10.3% growth and a 1.6% beat.

Edgewell Personal Care reported $478.4 million in revenue, down 2.1% year-over-year, with mixed results. Olaplex outperformed, beating estimates with $100.7 million in revenue. Coty underperformed, missing estimates with $1.67 billion in revenue. Despite overall revenue beats, share prices for the sector have declined, with Coty down 23.2% and Olaplex down 10.2%.

Consumer subscription stocks in Q4 showed mixed results. Chegg reported a 23.7% revenue drop to $143.5M and a 20.5% user decline, with its stock falling 69.2%. Udemy saw a 5.5% revenue increase to $199.9M, beating estimates. Match Group had flat revenue of $860.2M but a 3.8% user drop. Bumble's revenue fell 4.4% to $261.6M, while Duolingo led with 38.8% growth to $209.6M.

Vertical software stocks in Q4 showed mixed results. Doximity (NYSE:DOCS) reported strong revenue growth of 24.6%, exceeding estimates, while Upstart (NASDAQ:UPST) delivered the biggest beat with 56.1% growth. PTC (NASDAQ:PTC) underperformed with softer results, and Agilysys (NASDAQ:AGYS) missed estimates. Despite beats, stocks fell, with Upstart down 40.4% and Agilysys down 44.1% post-earnings.

Apparel and accessories stocks saw Q4 revenues beat estimates by 2.5%, but shares fell 15% on average. Oxford Industries reported $390.5M, down 3.4% but beating estimates, with shares down 17.2% amid EPS misses. VF Corp had the best Q4 with $2.83B, up 1.9%, yet shares fell 57.7% to $11.25. Columbia Sportswear's revenue rose 3.5%, but shares dropped 22.6% to $66.49.

Apparel and accessories stocks showed mixed Q4 results. Columbia Sportswear reported $1.10 billion in revenue, up 3.5%, beating estimates, but missed EPS expectations. VF Corp, owner of The North Face, reported $2.83 billion, up 1.9%, with strong beats on revenue and EPS. The sector saw revenues beat estimates by 2.5%, but stocks fell 15.2% on average post-earnings.

A Bank of Japan official stated that global markets face volatility from U.S. tariff uncertainty but haven't seen a significant decline in short-term liquidity, unlike during the 2008 crisis. Japan prepares for trade talks with the U.S., addressing currency policy concerns, as it faces 25% tariffs on car exports, a major export sector.

U.S. stocks rose Monday as Apple boosted the S&P 500 after the White House exempted smartphones and computers from new tariffs. Tech shares, including Dell and HP, gained, while semiconductors saw modest increases. Despite a "death cross" pattern in the S&P 500, indexes closed higher, though uncertainty over future tariffs tempered optimism.

Investors pulled a record $5.57 billion from US-listed emerging market ETFs in the week ended April 11, with $3.69 billion from China-specific funds. Outflows from major China ETFs hit record highs amid escalating US-China trade tensions, with both countries imposing higher tariffs, raising concerns about global growth and prompting China to consider stimulus measures to support its economy.

The Nifty is expected to continue its uptrend, with technical indicators suggesting a bullish outlook. Key resistance is at 23,000–23,058, and a move above this level could strengthen the trend. India VIX remains elevated, indicating ongoing volatility. Analysts recommend accumulating stocks like Ambuja Cement, HDFC Life, and Bajaj Finance, which have formed bullish patterns.

Shares of fertiliser makers like Coromandel International and Chambal Fertilisers have surged 10-31% in a month, driven by robust volume growth, price hikes, and subsidy gains. Coromandel stands out with a 92% Ebitda increase and its acquisition of NACL, expanding its agrochemical reach. The sector expects strong Q4 performance, with fertiliser volumes rising 5% YoY.

South Korea announced a 33 trn won ($23.25 bn) support package for its semiconductor industry, a 25% increase from last year's 26 trillion won. The move aims to help companies compete globally amid U.S. policy uncertainty and rising Chinese competition. Financial aid was also boosted to 20 trillion won. South Korea, home to Samsung and SK Hynix, saw 2024 semiconductor exports reach $141.9 bn.

The US FTC is suing Meta, seeking to break it up for allegedly monopolizing social media through its acquisitions of Instagram and WhatsApp. The trial, which began Monday, focuses on whether Meta's purchases stifled competition and if it dominates the "personal social networking services" market. Meta will defend against these claims, with testimony expected from CEO Mark Zuckerberg and others.

LVMH reported a 3% sales decline in Q1, missing expectations, as luxury spending slowed amid economic uncertainty. The French luxury group generated 20.3 billion euros in revenue, with its fashion and leather goods division, including Louis Vuitton and Dior, dropping 5%. U.S. sales slightly declined, while Japan underperformed.

The biggest buyers of leveraged loans, such as collateralized loan obligations (CLOs), are reducing purchases, making it harder for riskier companies to access the $1.4 trillion market. Investors are pulling back amid tariff-related volatility, with U.S. leveraged loan funds seeing a record $6.5 billion outflow. CLO ETFs are also facing significant redemptions, forcing sales of existing bonds.

India and the U.S. have finalized terms for the first phase of a bilateral trade agreement, aiming for $500 billion in trade by 2030. Key negotiations focus on India's tariffs on staples like rice and wheat, while the U.S. seeks access for corn, soybeans, and dairy products. India's high tariffs and non-tariff barriers, such as GM food restrictions, are major sticking points.

Wall Street’s top banks, including Goldman Sachs, JPMorgan, and Morgan Stanley, reported record equity trading revenues in the first quarter, driven by market volatility linked to President Trump’s trade policies. JPMorgan saw a 48% rise to $3.81 billion, while Morgan Stanley and Goldman Sachs also surpassed previous records with $4.13 billion and $4.19 billion, respectively.

Retail investors grabbed a golden opportunity to book profits on gold in March as heightened market volatility and stock price corrections soured their return expectations from equities. Equity fund inflows fell to an 11-month low last month, while investors cashed out on the precious metal, capitalising on its outperformance during these uncertain times.

China's economic slowdown, driven by Trump's trade war, is straining its jobs market, with 20 million workers at risk from US tariffs. Job openings have plunged 30%, and hiring plans are at a six-month low. Despite 5% GDP growth, employment struggles persist, hindering efforts to boost consumption. Goldman Sachs forecasts 4% GDP growth for 2025.

Mantra's OM token crashed over 90% in hours, triggering $71.8M in liquidations, with its price dropping from $6.30 to $0.70 and market cap falling from $6B to $683M. OKX cited potential token economic issues and suspicious on-chain activity. Mantra's co-founder blamed centralized exchanges for forced liquidations during low-liquidity hours, while denying "rug pull" allegations.

The GST department has summoned several restaurants to investigate if they evaded tax on packaging charges collected via food delivery apps like Swiggy and Zomato. Restaurants have been asked to provide GST details on packaging charges since January 2022. Authorities are also considering imposing a 5% tax on food apps, though no official confirmation has been made.

BP announced an oil discovery in the Far South field in the U.S. Gulf of Mexico, with both the initial well and a sidetrack encountering oil. BP, the operator with a 57.5% stake, plans to increase Gulf production to 400,000 boepd by 2030 and is advancing developments in the Paleogene geological structure, including Kaskida and Tiber.

Goldman Sachs' first-quarter profit rose 15% to $4.74 billion, driven by record equities trading revenue of $4.2 billion amid market volatility. Investment banking fees fell 8% to $1.9 billion, while fixed income trading rose 2%. CEO David Solomon warned of a challenging environment ahead, citing economic uncertainty and tariff-related concerns. Shares rose 1% pre-market.

The US has raised tariffs on Chinese imports, impacting consumers due to high dependence on Chinese goods in categories like electronics, home appliances, and textiles. China supplies 99.7% of US toasters, 81% of smartphones, and dominates in toys, lithium-ion batteries, and holiday items. Tariffs now range up to 173%, with President Trump citing unfair trade practices.

Palantir Technologies' shares surged 8% after NATO acquired its AI-enabled military system, Maven Smart System NATO, to enhance warfighting capabilities. The acquisition, finalized in six months, is one of NATO's fastest procurements and will be operational within 30 days. Palantir's stock has risen over 300% in the past year and 25% in 2025.

One small-cap stock to buy, Graham Corporation (GHM), due to its strong revenue growth, rising EPS, and improved free cash flow. It advises selling Semtech (SMTC) and GMS due to operating losses, declining sales, and poor returns. The market outlook remains uncertain for 2025, but the article suggests focusing on high-quality stocks.

Ray Dalio, founder of Bridgewater Associates, warns that U.S. President Donald Trump’s tariff policies are pushing the economy closer to recession. Dalio, who predicted the 2008 housing crisis, also expressed concern over the nation’s $36 trillion debt, calling it a "ticking time bomb." He highlighted rising geopolitical tensions and a shift from multilateralism to unilateralism as key risks.

Wall Street strategists compare the unpredictable tariff situation to *Forrest Gump’s* box of chocolates, citing confusion amid rapid changes. Trump’s April 2 tariff announcement caused the S&P 500’s worst week since 2020, but a 90-day pause on April 9 led to its best day since 2008. Tech companies like Apple and Nvidia may benefit from exemptions, but uncertainty persists.

Sathlokhar Synergys E&C Global, an SME stock listed on NSE in August 2024, has delivered a 250% return to IPO allottees. Priced at ₹140, the IPO was oversubscribed 211 times. Listing at ₹260, it surged to ₹695.45 within a month. Currently trading at ₹488.50, it recently secured a ₹219.22 crore order, boosting its order book to ₹1,124.02 crore.

Rising unemployment concerns in the US reached pandemic-era levels in March, with a 44% probability of higher unemployment in a year, the highest since April 2020. Lower-income households saw the largest increase. The Fed forecasts a 4.4% unemployment rate for 2025, with some economists predicting 5.2%. Inflation expectations rose to 3.6% for the next year.

Apple's iPhone shipments surged 10% in Q1, reaching 57.9 million units, driven by stockpiling to avoid U.S. tariffs on China. Apple led global smartphone sales with a 19% market share, boosted by the iPhone 16e and strong demand in Japan and India. Shares rose 4.5% after the U.S. excluded smartphones from tariffs, with an options trader's bet yielding a 180% gain.

The department of investment and public asset Management (DIPAM) is set to invite expressions of interest (EOIs) for the strategic sale of at least two of the three remaining Air India subsidiaries this month, sources have told Moneycontrol. The government will invite EOIs for two of Air India's subsidiaries—AIESL, AIASL, and AAAL—this month to expedite their sale.

GAIL (India) Limited has invited an Expression of Interest (EOI) to acquire up to a 26% stake in a US LNG project and secure a 15-year LNG supply contract for 1 MMTPA, starting around 2029-2030. This aligns with India's plan to increase US oil and gas imports from $15 billion to $25 billion, as agreed during Prime Minister Modi's visit to the US.

Even as macroeconomic uncertainty and global trade tensions cloud near-term market sentiment, Prabhudas Lilladher Capital maintains an optimistic long-term outlook for Indian equities, setting a bull case Nifty target of 27,590 based on FY27 EPS estimates. Base case target was revised to 25,521 amid global and domestic macroeconomic challenges, reflecting sectoral resilience and policy support.

Shares of Indian electronics manufacturers like Dixon and PG Electroplast will react to Trump's tariff review on April 15. Trump announced exemptions for electronics like smartphones and laptops but included them in upcoming semiconductor tariffs. Indian exporters gain a 20% tariff advantage over China. Apple's $22 billion iPhone production in India highlights shifting supply chains.

Immuno-oncology stocks delivered a strong Q4 with revenues beating estimates by 3.5%, yet shares dropped 15% on average. Natera led with 53% revenue growth and an 8.6% estimate beat, while Regeneron saw 10.3% growth. Incyte underperformed, with shares down 24.5% despite 16.3% revenue growth. Exact Sciences had 10.3% growth and a 1.6% beat.

Edgewell Personal Care reported $478.4 million in revenue, down 2.1% year-over-year, with mixed results. Olaplex outperformed, beating estimates with $100.7 million in revenue. Coty underperformed, missing estimates with $1.67 billion in revenue. Despite overall revenue beats, share prices for the sector have declined, with Coty down 23.2% and Olaplex down 10.2%.

Consumer subscription stocks in Q4 showed mixed results. Chegg reported a 23.7% revenue drop to $143.5M and a 20.5% user decline, with its stock falling 69.2%. Udemy saw a 5.5% revenue increase to $199.9M, beating estimates. Match Group had flat revenue of $860.2M but a 3.8% user drop. Bumble's revenue fell 4.4% to $261.6M, while Duolingo led with 38.8% growth to $209.6M.

Vertical software stocks in Q4 showed mixed results. Doximity (NYSE:DOCS) reported strong revenue growth of 24.6%, exceeding estimates, while Upstart (NASDAQ:UPST) delivered the biggest beat with 56.1% growth. PTC (NASDAQ:PTC) underperformed with softer results, and Agilysys (NASDAQ:AGYS) missed estimates. Despite beats, stocks fell, with Upstart down 40.4% and Agilysys down 44.1% post-earnings.

Apparel and accessories stocks saw Q4 revenues beat estimates by 2.5%, but shares fell 15% on average. Oxford Industries reported $390.5M, down 3.4% but beating estimates, with shares down 17.2% amid EPS misses. VF Corp had the best Q4 with $2.83B, up 1.9%, yet shares fell 57.7% to $11.25. Columbia Sportswear's revenue rose 3.5%, but shares dropped 22.6% to $66.49.

Apparel and accessories stocks showed mixed Q4 results. Columbia Sportswear reported $1.10 billion in revenue, up 3.5%, beating estimates, but missed EPS expectations. VF Corp, owner of The North Face, reported $2.83 billion, up 1.9%, with strong beats on revenue and EPS. The sector saw revenues beat estimates by 2.5%, but stocks fell 15.2% on average post-earnings.