Post tariff tantrum, where could we see some positive surprises in Q1? Pashupati Advani explains
Pashupati Advani of Global Foray anticipates positive surprises in companies with lower tariffs and those leveraging arbitrage opportunities. He discusses the implications of tariff uncertainty on equity markets and the economic outlook for the US. Advani also highlights the challenges in the EV market and suggests food distribution stocks like Godrej Consumer could perform well […]
D-Street set to tumble as US tariffs hit markets
Indian shares are expected to open lower on Thursday following U.S. President Donald Trump’s imposition of a 26% reciprocal tariff on imports from India. This move is part of a broader plan to introduce a 10% baseline tariff on all trade partners, with even higher duties on several other countries, including China.
Japan’s Nikkei plunges to 8-month low on Trump’s tariff shock
Japan’s Nikkei share average plummeted to an eight-month low following President Trump’s announcement of a 24% levy on Japanese goods. The steep tariffs caused a widespread market decline, with the banking sector and automakers experiencing significant losses. Toyota shares fell 4.7%, and Tokyo Electron dropped 5.8%.
Asian stocks drop, bonds jump as Trump tariffs sap risk
S&P 500 futures sank over 3.5% while contracts on the Nasdaq 100 slid 4.5%. Shares in Australia, Japan and South Korea tumbled at the open Thursday. US 10-year Treasury yields slumped with the flight to havens also lifting the Japanese yen and gold, which touched a new record high.
New team, fresh funds give Manappuram extra shine
Manappuram Finance surged 17% in a month as Bain Capital’s Rs 4,385 crore investment boosts governance and growth prospects. Analysts upgrade stock, expecting expansion in gold loans, mortgages, and vehicle financing despite competition and asset quality concerns. Regulatory approvals pending.
Benchmark yield softens 5 Bps to 6.52%
Lower US yields and expectations of a rate cut by RBI in its monetary policy next week have also weighed on yields, treasury heads at banks said.
Indian investors look beyond Magnificent 7, say Ni Hao to Chinese stocks
The bigger interest in Chinese technology giants these days is on account of cheaper valuations compared with their American peers and a general dip in appetite towards US equities in the wake of uncertainties around the trade tariff regime.
Solar PV cos close to cyclical peak returns: Bernstein
Waaree shares fell 4.2% to ₹2,279.8 and Premier declined 2.2% to ₹889.8 on Wednesday. Bernstein said Waaree and Premier face the risk of deep-pocketed bigger groups entering the space.
Swedish PE firm EQT plans Rs 4,000 crore IPO for Straive
Straive specialises in helping clients leverage data, insights, knowledge, and AI-driven solutions. The company’s clientele spans sectors, including financial and information services, insurance, healthcare and life sciences, scientific research, edtech and logistics. It has a global footprint with operations spanning the US, the UK & Europe, Singapore, India, the Philippines, Nicaragua and Vietnam.
Deposit rate cuts start trickling in at lenders
Banks and NBFCs like HDFC Bank, Yes Bank, and Bajaj Finance have started cutting deposit rates, signaling a downward trend in interest rates. The Reserve Bank of India is expected to announce another repo rate cut soon, which will further enhance liquidity and likely lower lending rates.