Latest Stock Market News

JB Chemicals fell 7.4% as 90 lakh shares changed hands in a block deal, with KKR reportedly selling a 5.78% stake. The offer price was Rs 1,625 per share. The stock has declined 14.84% YTD but showed recent recovery.

Geojit Financial Services has issued a buy call on Suzlon Energy, targeting a price of Rs 71 from its current Rs 57.58. The company s revenue grew 91.27% year-on-year for Q3 FY25, reaching Rs 3002.36 crore. Suzlon s PAT is projected to grow at a 30% CAGR through FY27, with strong order inflows anticipated.

The IPO market has slowed down in the short term due to market volatility, with many companies postponing listings. However, experts predict a rebound in FY26, forecasting IPO fundraising to exceed Rs 2 lakh crore. Marquee IPOs like Reliance Jio, LG Electronics, and NSE are set to dominate, but companies will need to focus on realistic valuations and strong fundamentals.

Three brokers have upgraded Bharti Airtel’s target price, setting an average target of Rs 1,847, indicating a 6% upside from current levels.

Indian government bond yields continued to drop, nearing a 38-month low, driven by expectations of aggressive policy easing by the central bank. Markets are eyeing the upcoming borrowing plan announcement and further rate cuts expected by the Reserve Bank of India in April.

Tariffs of 25% on imported finished autos and auto parts announced by Trump are causing uncertainty in the market. While the tariffs seem harsher than expected, there is talk of possible leniency. The situation is compounded by the upcoming fiscal bill aimed at cutting taxes, raising questions about revenue sources.

Shares of Aurobindo Pharmaceuticals dropped 2% to a day s low of Rs 1,132.75, while Ipca Laboratories fell 2.7% to Rs 1,403.95. Sun Pharmaceuticals and Dr. Reddy’s Laboratories saw a 1.7% decline each.

BSE shares surged nearly 6%, reaching Rs 4,730.30 on the NSE after the exchange announced a board meeting on March 30 to consider a bonus share proposal. If approved, this would be BSE’s second bonus issue in three years, following the issuance of two bonus shares for every one held by investors in March 2022.

Chakri Lokapriya discusses the recovery of the financial market, highlighting the strategic moves in banking and power sectors. He mentions the impact of tariff noise, buying trends in PSU banks and NBFCs, and suggests top investment ideas like Power Finance and REC. He also covers real estate, cement industry growth, and the retail sector s potential revival.

British bond investors cheered lower-than-expected UK borrowing plans on Wednesday, but warned the government was likely to need tax hikes later this year if economic growth remains weak.