Latest Stock Market News

The dollar experienced a slight dip as weak U.S. confidence data and concerns over the impact of potential new tariffs on autos, chips, and pharmaceuticals on U.S. growth were noted. Market focus shifts to next week when President Trump is expected to detail these tariffs, potentially causing further market fluctuations.

Bank of Japan Governor Kazuo Ueda stated that the central bank will keep raising interest rates if economic conditions and inflation meet expectations. He mentioned that current high inflation in Japan is temporary due to factors such as import costs and food prices. Ueda expects underlying inflation to converge toward the 2% target with improved wages and economic conditions.

U.S. consumer confidence has declined sharply, pointing to possible economic difficulties. Despite this, tech stocks led Wall Street indices to end higher. Analysts predict record-high profits, contrasting with gloomy economic forecasts. Global markets showed mixed reactions, with gains in some sectors and declines in others, influenced by trade tensions and upcoming fiscal updates.

Prime Minister Narendra Modi s administration is addressing a $346 billion debt through longer-dated sovereign bonds with a growing influence of households investing in insurers. This shift has led to a focus on long-term debt sales and substantial participation by insurance sectors, supporting the nation s refinancing strategies.

Identixweb s Rs 17 crore SME IPO will open for subscription from March 26 to 28, with shares priced between Rs 51-54 each. The funds raised will be used for marketing, research, product development, and corporate purposes. Share allotment will be finalized on April 1, and listing is expected on April 3.

NBCC has won contracts totaling Rs 658 crore for redevelopment projects in Haridwar, Uttarakhand, and project management services in Delhi. These include revitalization projects in Haridwar and the construction of various buildings at the C-DOT Campus in Delhi. NBCC s stock performance and future outlook are also discussed, showing both recent declines and long-term gains.

Market expert Anshul Saigal advises focusing on long-term investments rather than short-term market moves. Citing Stanley Druckenmiller, he stresses loading up on stocks and asset classes when odds are favorable. Saigal remains optimistic on long-term wealth creation, particularly in small and midcaps, while dismissing short-term speculation as futile.

As gold prices continue to swing, the industry walks a fine line between margin expansion and demand moderation, but upcoming festivals and wedding season could further boost sentiment.

The RBI and NPCI approved a Rs 2 increase in ATM interchange fees for cash withdrawals, effective from May 1, 2025. The new fees will be Rs 19 for financial transactions and Rs 7 for non-financial transactions. These changes will be passed on to customers. The revised fee will not apply to Micro-ATMs, cash deposit transactions, or international withdrawals.

Indian rupee:The Indian rupee ended a nine-day winning streak on Tuesday, slipping 12 paise to 85.75 against the US dollar. Month-end dollar demand from oil companies and importer hedging pressured the currency. Traders anticipate further rupee weakness amid tariff-related uncertainties.