Latest Stock Market News

Wall Street’s market rout has wiped out $4 trillion in market capitalization from the S&P 500, equivalent to the entire market value of all BSE-listed companies. This decline, driven by escalating trade tensions, inflation concerns, and uncertainty over Trump s policies, has seen the S&P 500 drop 8.6% from its February peak, highlighting deepening investor anxiety.

IndusInd Bank reassured investors that its Rs 1,500-1,600 crore derivatives loss will be managed effectively. Shares plunged 26% after the disclosure, prompting Chairman Ashok Hinduja to affirm promoter support and capital adequacy above 15%, despite market concerns over the financial impact.

Harshit Kapadia from Elara Securities India discusses the beneficial impact of Europe s $850 billion rearmament plan on Indian defence companies, particularly small and midcap firms that supply components to European OEMs. Potential beneficiaries include Dynamatic Technologies, Zen Technologies, and Data Patterns, with products ranging from aircraft fuselages to anti-drone systems and radars.

Tesla s stock closed at its lowest point since October 2024 on Monday, wiping out all post-election gains. Investors who previously viewed the company as a key winner from the Trump presidency are now pulling back due to concerns about Musk s leadership and the company s operational challenges.

Despite the decline, Pi Coin is still up 125% from its all-time low of $0.6152 on February 20, 2025. However, it has fallen nearly 55% from its peak of $2.98 on February 26, 2025, indicating increased volatility.

Ben Powell of BlackRock Investment Institute remains constructive on US equities despite recent market volatility. He highlights the importance of understanding the Trump administration s economic policies and the need for investors to reassess safety in a more fractured world. Powell suggests a diversified approach to finding investment opportunities in this new, volatile era.

European shares were largely unchanged on Tuesday, as investors took a pause following the previous session s global tech rout on concerns that the looming trade war could dent U.S. economic growth and lead to a recession.

The Maharashtra government has proposed a 6% Motor Vehicle Tax on EVs priced above Rs 30 lakh. The maximum tax limit will also increase from Rs 20 lakh to Rs 30 lakh, potentially generating an additional Rs 170 crore in revenue.

A long buildup was observed in five stocks on March 11, with rising open interest and prices signaling bullish sentiment.

Deven Choksey highlights challenges in the global auto industry, India’s market stabilization, and investment opportunities in the wire & cable and banking sectors. He stresses corporate governance, IPO caution, and long-term investment strategies.