U.S. Customs agents began collecting a new 10% tariff on imports from numerous countries starting Saturday, marking a dramatic shift in American trade policy under President Donald Trump. These baseline tariffs took effect at ports, airports, and customs warehouses at 12:01 a.m. ET, representing a full departure from the post-World War II model of mutually…
Fed Chair Powell Warns: Tariffs May Hit Harder Than Expected, Inflation Could PersistFinancial markets have been expecting significant interest rate cuts this year to counter an economic slowdown. However, Federal Reserve Chair Jerome Powell’s latest remarks suggest the Fed is in no hurry to make such moves. Speaking at a conference for business journalists, Powell…
The euro and Japanese yen surged against the U.S. dollar on Thursday as investors assessed the far-reaching consequences of President Donald Trump’s sweeping tariffs on global trade and economic growth. With concerns mounting over a potential trade war, investors flocked to safe-haven currencies like the yen and Swiss franc, driving the dollar to its lowest…
U.S. trading partners threatened to escalate trade tensions with the United States on Thursday after President Donald Trump’s sweeping tariffs raised fears of higher prices in the world’s largest consumer market. The penalties, announced Wednesday, triggered a global market selloff and drew widespread condemnation, marking a dramatic shift from the decades-long era of trade liberalization….
Domestic Bets Dominate Amid Global Trade Uncertainty As global trade risks intensify ahead of the April 2 U.S. tariff decision deadline, India’s portfolio management service (PMS) managers are reassessing their strategies. While markets initially rebounded from the steepest small- and mid-cap correction since the pandemic, momentum is fading, and investor nervousness is resurfacing. How are…
The National Stock Exchange (NSE) has introduced changes to the market lot sizes for derivative contracts on select indices. These revisions, set to take effect from April 25, 2025, will influence traders and investors involved in Nifty Bank and Nifty Mid Select index derivatives. Key Changes in Market Lot SizesUnder the updated guidelines: The BANKNIFTY…
S. Naren, CIO of ICICI Prudential, is increasing exposure to large-cap stocks, highlighting valuation challenges rather than macroeconomic concerns. Despite looming US tariffs, he remains cautiously optimistic, advocating for a balanced investment strategy. Overseeing more than $100 billion in assets, Naren told Bloomberg News, “India doesn’t have a macro problem—it has a valuation problem.” He…
Indian benchmark indices have posted impressive gains, with the Sensex climbing 6.5% and the Nifty rising 7% since the beginning of March. Broader markets have outshoned the benchmarks, as the BSE Midcap and Smallcap indices surged by 9.8% and 11.1%, respectively. However, despite this sharp rally, investor participation in the cash segment has remained muted,…
Mahindra & Mahindra (M&M) is reportedly in discussions to acquire Japan-based Sumitomo Corporation’s entire stake in heavy vehicle manufacturer SML Isuzu, according to a March 24 report by CNBC-Awaaz. The potential deal is expected to strengthen M&M’s presence in the trucks and buses segment. Sources indicate that M&M is considering a valuation of â‚ą1,400-1,500 per…
The Indian stock market witnessed a remarkable rebound last week, with benchmark indices Nifty and Sensex surging over 4%. This sharp rise was fueled by improved investor sentiment, increased foreign inflows, and favorable global factors. According to Ajit Mishra, SVP of Research at Religare Broking Ltd., while market sentiment remains positive, investors should exercise caution…
