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The bigger interest in Chinese technology giants these days is on account of cheaper valuations compared with their American peers and a general dip in appetite towards US equities in the wake of uncertainties around the trade tariff regime.

Macquarie has recommended top stock ideas from a six-month to three year timeframe. The target prices imply upsides of 20% to 58.7% from the closing prices on Wednesday.

In FY25, Piramal Finance marked its first foray into the international debt market, raising $815 million to support its growth plans. These funds will be primarily allocated to expanding the company s lending portfolio, with a strategic emphasis on affordable housing and financial inclusion in tier-2 and tier-3 markets.

Markets experience a significant recovery, buoyed by gains in major stocks such as Airtel, HDFC Bank, and Macrotech Developers. Key developments include South Indian Bank s growth in advances, Lupin Healthcare s acquisition, and SpiceJet s approval for Nepal flights. Maruti Suzuki announces price hikes due to rising costs starting April 2025.

Domestic markets saw a rebound after a two-day slump, with analysts predicting volatility in Indian equities following US President Trump s decision on reciprocal tariffs. The India VIX index fell slightly, suggesting decreased market fear. Meanwhile, the rupee settled 2 paise lower due to uncertainty over trade tariffs, and foreign investors remained net sellers.

S&P 500 futures sank over 3.5% while contracts on the Nasdaq 100 slid 4.5%. Shares in Australia, Japan and South Korea tumbled at the open Thursday. US 10-year Treasury yields slumped with the flight to havens also lifting the Japanese yen and gold, which touched a new record high.

U.S. stock indexes closed higher amid choppy trading as investors positioned themselves ahead of President Trump s sweeping tariff announcements. Post-market, S&P 500 and Nasdaq futures fell sharply. Trump s tariffs include a 10% baseline on all imports and higher duties for key partners. Tesla and big-tech stocks showed gains, while CoreWeave recovered despite Newsmax plummeting.

The U.S. dollar fell on Thursday after President Trump announced new tariffs targeting around 60 countries, escalating trade tensions and impacting global markets. Investors moved towards safe havens like the yen and Swiss franc, while the euro showed resilience. The tariffs, effective April 9, prompted speculation of multiple interest rate cuts by the Federal Reserve this year.

Oil prices fell by approximately $2 after President Trump s announcement of new tariffs on trading partners, inciting fears of a global trade war affecting crude demand. The move led to a decline in Brent and U.S. West Texas Intermediate crude futures, with further concerns about inflation and economic growth amplifying the market s bearish sentiment.