Latest Stock Market News

Analysts recommend stocks such as HDFC Bank, Glenmark Pharmaceuticals, Tata Steel, and Samvardhana Motherson, expecting returns between 17% and 27%. Improvements in growth, favorable risk-reward, valuation comfort, and positive market outlooks drive their optimistic projections.

DLF s stock surged by 9.4% in a month, driven by strong sales and new launches, particularly in the luxury segment. The company plans to expand its residential and rental businesses, reduce debt, and distribute 50% of net profit as dividends. Analysts predict a 32-51% stock price upside, indicating robust growth potential.

Though the increases were pared in New York trading after US economic data provided no fresh catalyst for higher yields, the Trump administration s late-Wednesday announcement of a 25% tariff on foreign-made cars next month saw the 30-year Treasury yield reach 4.75%, the highest level since February 20.

The S&P 500 experienced a decline on Thursday as President Trump s new tariff announcement on imported cars and auto parts affected shares of major automakers like General Motors and Ford. Investors remain cautious due to the potential impact on supply chains and inflation. The S&P 500 fell 0.33%, with energy and communication services among the hardest-hit sectors.

Japan s Nikkei average fell over 1% on Friday with automakers tracking Wall Street losses after U.S. President Donald Trump announced trade tariffs. Toyota Motor and Honda Motor shares dropped significantly. Trump plans a 25% tariff on imported cars and light trucks starting April 3, with auto parts tariffs from May 3. Investors are preparing for reciprocal tariffs from other countries.

Gold prices have reached a record high due to U.S. President Donald Trump s new tariff plans, sparking fears of a global trade war and driving investors towards the safe-haven allure of gold. The market is also awaiting U.S. Personal Consumption Expenditures data, which could influence interest rate expectations.

The dollar is heading for a steady week and next week s quarterly loss due to concerns over tariffs slowing U.S. growth, affecting yields, stocks, and the currency. The euro and the yen have seen significant gains this quarter, driven by various factors including peace prospects in Ukraine and dollar weakness.

Federal Reserve Bank of Boston President Susan Collins stated that tariffs imposed by the Trump administration will increase U.S. inflation in the short term. She noted the potential for these price pressures to be temporary but also acknowledged the risk of more enduring inflation.

Investors reduced stock exposure after President Trump announced tariffs on auto imports, impacting markets and raising inflation concerns. The 10-year U.S. Treasury yield rose, gold reached new highs, and automaker shares plummeted. Despite the auto tariff concerns, currencies of affected countries remained resilient against the U.S. dollar.