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Most banks are likely to extend their high-interest special deposit schemes beyond March 31 with lower rates as they assess liquidity conditions and RBI s monetary policy decisions. A rate cut and improved liquidity are expected to result in a decline in deposit rates in the near future.

Insurance companies in Mumbai anticipate a 15-20% hike in third-party motor insurance premiums from April 1 due to increasing claims and stagnant rates. With TP award inflation nearly at 12% annually impacting profitability, industry CEOs indicate a substantial hike is necessary.

Trump had pledged to levy reciprocal tariffs on all countries, including India, from April 2. However, there were expectations of some respite or waiver.

"There were mild dollar sales from oil companies and importers," traders said. Market participants are now waiting for the tariff announcement by the US on April 2 and are uncertain on the outcome of reciprocal tariffs.

Bharat Forge (BFL) has finalised a contract with the Ministry of Defence (MoD) to supply 184 units of the 155mm/52-calibre advanced towed artillery gun system (ATAGS).

Analysts recommend stocks such as HDFC Bank, Glenmark Pharmaceuticals, Tata Steel, and Samvardhana Motherson, expecting returns between 17% and 27%. Improvements in growth, favorable risk-reward, valuation comfort, and positive market outlooks drive their optimistic projections.

DLF s stock surged by 9.4% in a month, driven by strong sales and new launches, particularly in the luxury segment. The company plans to expand its residential and rental businesses, reduce debt, and distribute 50% of net profit as dividends. Analysts predict a 32-51% stock price upside, indicating robust growth potential.

Though the increases were pared in New York trading after US economic data provided no fresh catalyst for higher yields, the Trump administration s late-Wednesday announcement of a 25% tariff on foreign-made cars next month saw the 30-year Treasury yield reach 4.75%, the highest level since February 20.

The S&P 500 experienced a decline on Thursday as President Trump s new tariff announcement on imported cars and auto parts affected shares of major automakers like General Motors and Ford. Investors remain cautious due to the potential impact on supply chains and inflation. The S&P 500 fell 0.33%, with energy and communication services among the hardest-hit sectors.