Latest Stock Market News

The S&P 500 remained nearly unchanged on Wednesday, with Nvidia s positive revenue forecast potentially influencing AI sector investments. Investors reacted to President Trump s announcement of impending tariffs on EU imports and the possible delay of tariffs on imports from Mexico and Canada.

Gold prices slightly increased on Thursday due to ongoing concerns over President Trump’s tariff policies. Investors are also waiting for a key U.S. inflation report to gauge the Federal Reserve s next moves. Trump hinted at a potential delay in new tariffs on imports from Mexico and Canada.

The U.S. dollar strengthened past an 11-week low due to President Trump s ambiguous tariff plans on Europe and delays for Canada and Mexico. The lack of clarity caused market uncertainty, impacting currencies and U.S. economic growth concerns, while traders awaited German coalition developments and potential changes in BOJ policies.

Nvidia posted a robust quarterly forecast, indicating strong demand from major tech firms for its AI infrastructure despite competition from DeepSeek s low-cost models. This follows a 78% surge in quarterly revenue but with slightly reduced margins as Nvidia ramps up production of its new Blackwell AI chips.

Nvidia overcame fears about its future after a $600 billion value loss, with strong quarterly results showing revenue and profit increases by 78% and 80% respectively. The company dominates the AI chip market, benefitting from ongoing tech company investments in AI data centers. Despite geopolitical challenges and potential tariffs, Nvidia s growth continues to impress.

Benchmark BSE Sensex rebounded 147 points, breaking its five-day decline with gains in financial and FMCG shares. Key stocks: M&M rose by 2%, Federal Bank fell by 1.7%, and Pfizer India decreased by 1.2%. Analysts recommend buying M&M and Federal Bank at dips due to their long-term prospects, while Pfizer India offers promising upside.

Beezaasan Explotech s IPO allotment, which received a modest subscription rate of 5 times, will be finalized on Thursday, with the listing set for March 3. Despite an initial subdued response, QIB investors showed significant interest. The IPO aimed to raise Rs 60 crore, funding various expansion and operational initiatives.

Veteran investor Jim Rogers has sold all his US stocks due to market volatility under Trump s unpredictable leadership. He is now betting on the US dollar as a short-term safe haven during uncertain times and has plans to increase his investment in silver, which he sees as undervalued. Rogers remains cautious about potential market corrections.

Dhananjay Sinha from Systematix Group suggests it will take 3-4 months for market clarity. Despite rate cuts and tax reductions, these measures are minor stimuli. Largecaps are generally resilient, but caution is advised with SMIDs due to their higher sensitivity and retail participation concerns. Consider sectors like consumption and autos for potential value.