Latest Stock Market News

Japan s Nikkei share average fell, impacted by President Trump s auto tariff announcement. Automakers Toyota, Honda, Nissan, and Subaru experienced losses. The tariffs include a 25% tax on imported cars starting next week, intensifying the global trade war. The broader Topix index also slipped. The auto industry faces increased prices and production challenges.

Stock markets ended a seven-day winning streak as Sensex dropped 728 points due to profit-taking in banking and IT shares. Amara Raja, Vodafone Idea, and Siemens were among the stocks that saw a decline. Analysts suggest watching for breakouts and trend confirmations before making new investments. Siemens remains bullish with potential buying opportunities on dips.

Grand Continent Hotels is set to debut on the NSE SME platform, offering 66 lakh fresh equity shares. The IPO will fund debt repayment and hotel expansion in India. With 16 operational hotels and an occupancy rate of 67.69%, the company follows an asset-light business model, primarily leasing properties in key Indian states.

Retaggio Industries Rs 16 crore SME IPO will be available for subscription from March 27 to April 2 with shares priced at Rs 25 each. The IPO proceeds will be allocated for debt repayment and working capital needs, with shares expected to be listed on April 7.

Bharat Forge shares might gain attention due to its recent Rs 6,900 crore contract with the Ministry of Defence for procuring artillery gun systems and vehicles. Currently, stocks are trading below their 200-day SMA but above their 50-day SMA, having shown significant gains over the past month.

Sunteck Realty will focus on investing $10-20 million in its subsidiary, Sunteck Lifestyle International Private Limited. This investment aims to fund their existing Dubai Project. Despite recent underperformance in the stock market, the company remains committed to supporting its international ventures.

Dipan Mehta highlights the importance of upcoming earnings for market stability and suggests a strong bottom is in place unless significant bad news arises. He remains hopeful about the earnings season, particularly for banks, NBFCs, and capital goods sectors. Focus shifts to domestic-oriented companies amid uncertainties surrounding potential Trump tariffs.

The Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI) have approved a revision in ATM interchange fees, with the changes set to take effect from May 1, 2025.

Sudip Bandyopadhyay of Inditrade Capital notes FIIs interest in India due to favorable domestic conditions like declining inflation. The power sector shows strong demand, particularly in generation and finance, while the real estate market, especially in NCR, is thriving. A positive outlook is maintained for SBI and gold loan companies.

Ajay Bagga calls financials a “no-brainer.” He believes banks and NBFCs will remain central to funding India’s capex and credit growth cycles. Rate cuts, rising consumption, and stable NPAs add to the sector’s tailwinds.