Latest Stock Market News

The Indian bond market remains steady amid expectations of a potential rate cut by the RBI in April, driven by anticipated sub-4% CPI print. Puneet Pal of PGIM India Mutual Fund predicts steepening of the yield curve and a liquidity surplus in the banking system. Investors are advised to focus on Short-Term/Corporate Bond Funds.

Change in EoM Guidelines: Under his stewardship, IRDAI introduced the Expenses of Management (EoM) regulations at a time when the industry faced scrutiny over tax evasion through overriding commissions.

When markets resume trading today, City Union Bank, Navin Fluorine, Syngene International, IIFL Finance, NLC India, Sharda Cropchem and Arvind Fashions will be in focus due to various related developments.

Foreign institutional investors (FIIs) were net sellers of Indian equities as they sold shares worth Rs 2,035.10 crore on Monday while the domestic institutional investors (DIIs) bought shares worth Rs 2,320.36 crore.

In September 2024, it completed the acquisition of a majority stake in Uniclan Healthcare, which produces baby diapers, wipes, and other baby hygiene products. The acquisition enables DOMS to diversify its portfolio by reducing exposure to a single line of products.

The S&P 500 had its biggest one-day drop since December 18 and the tech-loaded Nasdaq slid 4.0%, its biggest single-day percentage drop since September 2022.

A barrage of new Trump policies has increased uncertainty for businesses, consumers and investors, notably back-and-forth tariff moves against major trading partners like Canada, Mexico and China.

Indian banks are facing challenges in deposit mobilization, leading to a higher Loan-to-Deposit Ratio of nearly 126% as of February 2025. Despite lender programs, deposit growth remains sluggish, forcing banks to rely on alternative funding sources and intensifying competition for bulk deposits.

This anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday s disclosures on discrepancies in derivative deals over the past five to seven years, executives told analysts in a late-evening call.

Maturities in the non-deliverable forwards (NDF) market also pressured the currency that has been buffeted by foreign fund sales of local equities since late September.