Brent slides over 3%, hits lowest level since 2021
Oil prices plummeted to their lowest levels since 2021 due to new U.S. tariffs announced by President Trump and increased output by OPEC+. Brent and WTI futures fell significantly, marking their largest weekly losses in six months.
Trump’s tariff hikes signal impoverishment day, not liberation day: Chris Wood of Jefferies
Jefferies’ Chris Wood criticizes Trump’s sweeping new tariffs, calling April 2 “an impoverishment day.” With steep levies on key Asian economies, analysts warn of global trade shocks, retaliatory moves, and economic instability amid a weakening US dollar and rising protectionism.
Trump’s ally Elon Musk lost $100 billion, but Warren Buffett gained. What’s he seeing that no one else is?
Warren Buffett and Bill Gates are the only top billionaires to gain wealth in 2025, as global markets slumped. Buffett’s fortune surged by $23 billion, fueled by Berkshire Hathaway’s strong stock performance and record $325 billion cash reserves.
Sebi joins social media platform ‘X’. Check ID and other details
Sebi has launched its official account on social media platform ‘X’ under @SEBI_updates. It aims to improve investor awareness while clarifying that posts are for information, not regulation. Sebi also unveiled an investor charter promoting rights and responsibilities.
These 10 stocks tumble more than 50% from their 52-week highs
Nearly 40 stocks in the Nifty 500 have plummeted over 50% from their 52-week highs, with names like Sterling & Wilson, Raymond Lifestyle, and OLA Electric leading the fall. Market correction, weak earnings, and sectoral headwinds are key triggers for the decline, especially in mid- and small-caps.
Let the noise die down and then look for good businesses with reasonable balance sheets: Sachin Shah
Sachin Shah highlights the preference for private sector banks due to their valuations and easing liquidity, along with a rebound in the rural market. He emphasizes the importance of identifying strong businesses with solid balance sheets and acknowledges the challenges posed by new tariffs on exports. Despite global inflationary pressures, domestic and export-oriented businesses with […]
Stock-specific action to dominate market moves: Dharmesh Shah
Dharmesh Shah suggests focusing on the domestic sector, with banking showing relative outperformance even in the current corrective phase. He advises positive stances on banking, NBFCs, PSU stocks, and metals, while viewing pullbacks in IT as exit opportunities.
Valuations decent, but bond momentum still stronger than equity: Maneesh Dangi
Maneesh Dangi provides insights into current market turmoil, attributing it to US strategies aimed at weakening the dollar. He explains how this affects gold prices, equities, and bonds. Dangi suggests that India may benefit from these shifts, despite short-term uncertainties, and predicts bonds to outperform equities in the near term.
Vedanta, Hindalco, and other metal stocks slide up to 6% on growth concerns amid trade war
The shares of National Aluminium Company (NALCO) dipped the highest, falling by 6% to an intraday low of Rs 162.40, followed by Vedanta shares, which fell by 5.7% to Rs 414.35 in early trade and Hindalco shares falling by 5.4% to Rs 617.15.
Coforge, Wipro and other IT stocks fall up to 2% amid Trump tariff jitters
Indian IT services stocks fell sharply for the second day in a row, hit by new reciprocal U.S. tariffs. Major companies like TCS, Infosys, and HCL Tech experienced declines, with the Nifty IT index dropping 1.5%. Market sentiment remains weak amid expectations of lower earnings and ongoing uncertainties.