Latest Stock Market News

Indonesian stocks tanked more than nine percent at the open Tuesday following a long public holiday break, triggering a trading suspension as uncertainty over US President Donald Trump s global tariff policies roil markets. The sharp fall triggered a 30-minute trading suspension, a stock exchange spokesperson said in a statement, coming a day after global stock markets and oil prices collapsed further on a black Monday.

Jai Bala discusses the market s sharp movements, highlighting Reliance and metals breakdown below March 2025 lows as negative signals. He emphasizes the need for a VIX spike to confirm a market bottom and expresses a cautious outlook, particularly for the metal sector. Bala prefers the chemical sector but advises staying on the sidelines due to current market turmoil.

Tata Motors shares: In a regulatory filing on Monday, Tata Motors reported that JLR s wholesale volumes fell by 0.1% to 400,898 units, while retail sales decreased by 0.7% to 428,854 units.

IL&FS shares have posted a 1-year gain of 0.79%, but on a year-to-date (YTD) basis, the stock has fallen by 7.25%. Over the past six months, it has declined by 8.50%, and in the last three months, it has decreased by 6.05%.

A Death Cross is a bearish technical indicator that occurs when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average.

India s structural growth outlook remains positive, with 80% of GDP growth driven by domestic factors. The market is poised for growth in the next 5-10 years, despite short-term challenges. Diversification into global markets and well-diversified portfolios are recommended to mitigate risks.

Amidst tariff uncertainties and market volatility, Deepak Shenoy advises investors to be cautious, focusing on domestic manufacturing, infrastructure, and consumption-driven sectors in India. He suggests strategic allocation towards companies producing in and for India, capitalizing on the Surge India trend for long-term growth. While anticipating short-term challenges, Shenoy remains bullish on India s long-term prospects.

On the positive side there has been a good union budget (tax rates cut), easing actions by the central bank (rate cuts, liquidity boost, regulatory relaxations), and uptick in government spending. The rally in March was a welcome relief. However, I believe that the markets could remain rangebound in the near term.