Dollars Bag

Asian markets rebounded on Tuesday following a global sell-off triggered by escalating US-China trade war fears. Japan’s Nikkei 225 surged, while Australian stocks edged higher after Monday’s steep decline. China vowed to retaliate against US tariffs, as global markets experienced volatility, with oil prices dipping and gold prices climbing amid investor uncertainty.

Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rallied strongly in opening trade on Tuesday a day after the terrible stock market crash. While BSE Sensex went above 74,300, Nifty50 was above 22,500.

Stock market sell recommendations: Mirae Asset Sharekhan suggests selling IRB Infra and Paytm. IRB Infra broke a flag pattern, indicating a downtrend towards Rs 38, with resistance at Rs 43.60 and Rs 45. Similarly, Paytm broke a rising wedge pattern, expected to decline to Rs 720, facing resistance at Rs 804 and Rs 822.

Market veterans advise investors to remain calm amidst market volatility, avoiding impulsive decisions driven by fear or greed. Experts recommend a long-term investment approach, particularly focusing on large-cap stocks due to favorable conditions like reduced oil prices and US yields. Financial advisors suggest new investors seek guidance to navigate the current market downturn and avoid … Read more

Donald Trump’s tariffs have triggered global market turmoil, with Asian markets plummeting and Indian markets experiencing significant losses. Investors are selling shares of companies with US exposure, and foreign investors are pulling out funds. Experts warn of a potential global recession and stagflation, though some remain optimistic about India’s long-term growth.

Stock market recommendations: Motilal Oswal Financial Services highlights Trent and HDFC Bank as top stock picks for the week starting April 7, 2025.

Tata Group is reassessing costs due to US-imposed reciprocal tariffs, discussed at their CEOs’ conclave in Dubai. Chairman N Chandrasekaran addressed geopolitical uncertainties and economic changes. The tariffs impact key segments like JLR and IT services, prompting efforts to mitigate effects on their broad US exposure.

Economists predict the RBI will lower interest rates by 25 basis points during its three-day monetary policy meeting. Falling inflation, easing growth, and lower crude oil prices are creating room for this move. Additionally, a shift towards an ‘accommodative’ policy stance is expected.

Apple and Samsung are shifting their production to India to counter higher US tariffs on imports from China and Vietnam. This move aims to retain competitiveness in the US market, with Apple increasingly using Indian factories for iPhone shipments and Samsung also considering India as a temporary measure for its exports.

The Indian government is unlikely to relax investment restrictions on Chinese companies due to concerns over their opaque ownership and ties with the Chinese military. Despite private sector appeals, the government’s vigilance is heightened by issues such as China’s non-market economy practices and their impact on manufacturing ambitions in India.