Latest Stock Market News

US stocks dropped again as companies warn that Trump tariffs likely mean higher prices for consumers, lower sales.

AU Small Finance Bank : AU Small Finance Bank (AUSFB) stock has declined 8% in the past month, underperforming the BSE Bankex. Higher NPAs and credit costs in microfinance and credit card segments have pressured earnings. The bank has lowered FY25 loan growth guidance to 20%, shifting focus to secured loans. A lower interest rate cycle may aid margin recovery, with credit costs expected to remain high before stabilizing in the next fiscal year.

Nifty losing streak: An analysis by Samco Securities shows that Nifty has closed positive one month after eight consecutive losing sessions in six out of nine instances since 2002, with an average return of 2.68%. Nifty has now fallen 16% from its September peak, marking its longest losing streak since inception. Historical data and March seasonality suggest a potential recovery, with Axis Securities recommending long-term allocations between 21,700-22,000 amid prevailing market pessimism.

Gold prices on Tuesday zoomed by Rs 1,100 to reclaim the Rs 89,000 mark in the national capital on increased buying by jewellers and stockists and strong global trends, according to the All India Sarafa Association.

Sensex declined by 96 points to close at 72,989 on Tuesday. Eight BSE IT stocks hit 52-week lows, a key metric used by investors to gauge market sentiment and potential buying opportunities, though it may also indicate underlying company weaknesses.

NSE has changed F&O expiry days for Nifty, Bank Nifty, FinNifty, Nifty Next50 and Nifty Midcap Select to Monday from the current Thursday expiry day. In a circular issued today, NSE made the changes and it will come into effect from April 4, 2025.

The dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from the ​ramping up of levies on Canada, Mexico and China.

Gensol Engineering shares hit the lower circuit, plunging 20% to Rs 413.95 after CARE Ratings downgraded its bank facilities due to loan servicing delays. The stock is down 63% from its peak, trading below key moving averages. CARE flagged liquidity concerns, citing poor debt servicing. Technical indicators signal continued weakness.