Latest Stock Market News

On Tuesday, both gold and silver closed on a positive note in domestic and international markets. The Gold April futures contract settled at Rs 86,026 per 10 grams, marking a gain of 0.75%, while the Silver May futures contract settled at Rs 96,256 per kilogram, up by 0.21%.

NSE has shifted the expiry day for all index and stock F&O contracts, including Nifty, Bank Nifty, and Fin Nifty, from Thursday to Monday, effective April 4. This move intensifies competition with BSE, which recently changed its expiry to Tuesday. The shift is expected to increase volatility and impact trading strategies for both institutional and retail investors.

Indian government bond yields consolidated after the 10-year yield hit a six-week high, with cautious sentiment amid heavy debt supply. States sold bonds with higher cutoff yields, indicating weak demand. Traders expect states to raise around 1.35 trillion rupees by March-end, while demand for longer-duration bonds has eased due to uncertainty around RBI bond purchases.

The Indian rupee appreciated against the US dollar, supported by broad-based interbank dollar sales and the Reserve Bank of India s defense of certain levels. The dollar index hovered near a three-month low, influenced by concerns over the US economy and new trade tariffs. The rupee has declined nearly 2% this year amid persistent outflows from local stocks.

Tata Motors share price: Morgan Stanley assigned an Equal-Weight rating to the stock, setting a target price of Rs 853 per share. The target price suggests an upside potential of nearly 38% from the stock s closing price on Tuesday.

Shares of Varun Beverages rose due to Jefferies adding the stock to its high conviction list, driven by strong summer demand and attractive valuation. Despite recent competition concerns, Jefferies and CLSA maintain a positive outlook on the company s strong earnings and brand loyalty.

Sandeep Tandon, CIO of Quant MF, discusses the commonality of market corrections even in a bull market. He highlights the importance of handling these corrections with maturity. Tandon is positive about India s near-term market outlook due to favorable currency movements and lower crude prices, despite global trade tension concerns stemming from Trump s policies.

Apollo Hospitals shares are in focus after announcing a partnership with Ion Beam Applications to introduce the Proteus One proton therapy system in India. The company will invest Rs 250 crore over three years to expand its oncology services. This move is expected to increase treatment capacity by 350 patients annually, reinforcing Apollo s leadership in proton therapy across South Asia and the Middle East.

Ola Electric share price: Ola Cell Technologies signed a Program Agreement with the Ministry of Heavy Industries under the Production Linked Incentive (PLI) Advanced Chemistry Cell (ACC) scheme, with IFCI designated as the Project Management Agency (PMA) for the project.