Gaurav Bansal

[ad_1] Global bond yields have dropped sharply following US President Donald Trump's tariff announcement last Wednesday, as investors flock to safe havens amid stock market turmoil. According to CNBC, Germany's 10-year bund --the benchmark for the euro area -- saw a decrease from 2.72% on Wednesday to 2.59% by Monday afternoon. Just last month, the yield had spiked above 2.9%, as markets anticipated a fiscal spending boost in Europe’s largest economy. With lower yields indicating stronger demand for government debt, the shift suggests a rush to safer assets in uncertain times.Analysts from Rabobank noted, “The Bund rally is unwinding the region-wide tightening of financial conditions.” They added that even if Trump were to reverse his tariff stance, it might mitigate market panic temporarily, but would not prevent a slowdown due to the unpredictability of the policy environment.Recession risksAcross the Atlantic, […]

[ad_1] Sensex and Nifty recorded their steepest single-day fall in 10 months. (AI image) BSE Sensex and Nifty50 have crashed terribly! Global markets are in a shock with US President Donald Trump’s reciprocal tariffs stoking global recession fears. Indian stock markets are not immune to the global selloff, and while experts believe that the impact of Trump’s tariffs will be lesser on India compared to other major economies, the worries around global and US recession are fueling caution in the Indian stock markets as well.Sensex and Nifty recorded their steepest single-day fall in 10 months. The severe decline witnessed in the indices marked one of their most significant drops in a five-year period.Investors have lost several lakh crore in the stock market rout, and the volatility is expected to continue. So what is the outlook of the Indian stock market […]

[ad_1] The European Union is urging India to eliminate tariffs on car imports under a long-pending trade deal, and Central government is reportedly willing to enhance its current offer to finalize the negotiations, sources told Reuters. India is open to gradually reducing tariffs to 10% from over 100%, according to two industry sources and a government official. This move comes despite lobbying from the domestic automotive industry, which has pushed for India to maintain at least a 30% tariff, even if it starts cutting the levy. The industry also wants a delay in tariff reductions on electric vehicles (EVs) for the next four years to protect local manufacturers, Reuters reported. The EU’s demands come after the US administration under President Donald Trump sought a similar removal of import duties on cars, including EVs, as part of bilateral trade discussions with […]

[ad_1] Trading at the Pakistan Stock Exchange (PSX) was suspended for an hour on Monday as the benchmark KSE-100 index plunged by more than 8,000 points, primarily driven by the imposition of sweeping tariffs by the United States. Financial analysts cited concerns over a potential global recession as the key factor behind the dramatic fall in the stock market.Following the one-hour halt, the PSX experienced another drop of 2,000 points when trading resumed, culminating in a record 8,600 points decline during intraday trade, as per PTI report.The index closed at 114,909.48, reflecting a loss of 3,882.18 points or 3.27% from its previous close.Uzma Khan, a financial analyst at Arif Habib Securities, explained that automatic circuit breakers are implemented to prevent panic selling, offering investors the time to reassess their positions during periods of extreme market volatility.She attributed the sharp market […]

[ad_1] The Indian rupee fell by 38 paise, marking its largest decline in over five weeks, to settle at 85.82 (provisional) against the US dollar on Monday. This drop comes amid escalating global tensions related to the ongoing tariff war and growing concerns over a potential global economic slowdown. Despite a drop in crude oil prices and a weaker US dollar, these factors were unable to stop the rupee's slide, as both foreign and domestic equity investors rushed to withdraw from the market, forex traders noted.They explained that global currency markets experienced heightened volatility, as investors sought to minimize risks following the US administration's implementation of extensive reciprocal tariffs on several countries, coupled with China's retaliatory tariffs on US imports.Domestically, market participants remained cautious, closely watching the Reserve Bank of India’s (RBI) monetary policy committee, which began its three-day deliberations […]

[ad_1] NEW DELHI: The Central government on Monday increased excise duty by Rs 2 each on petrol and diesel.According to a notification released by the revenue department of ministry of finance, the excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10.While the order did not say what impact it will have on retail prices, industry sources said retail prices are unlikely to be changed. However the ministry of petroleum said that the retail prices will not be effected by the hike"PSU Oil Marketing Companies have informed that there will be no increase in retail prices of Petrol and Diesel, subsequent to the increase effected in excise duty rates today," ministry of petroleum & natural gas wrote on X.The new rates will be come into force on April 8.Meanwhile, crude oil prices […]

[ad_1] The US markets are showing severe stress, with the Nasdaq now in bear territory. (AI image) Is Nifty entering the bear phase? On Monday, Indian stock markets witnessed a substantial decline as the Sensex fell by approximately 4,000 points, dropping below 71,500, whilst the Nifty experienced a steep 4% decrease, reaching 21,744.And it’s all thanks to the Wall Street crash and its global market reaction! The current Indian stock market crash reflects the serious concerns in US markets, where recession fears are causing investor anxiety. JPMorgan has increased its recession probability forecast to 60%, following US President Donald Trump's announcement regarding reciprocal tariffs, which the bank considers the most significant US tax increase since 1968.The US markets are showing severe stress, with the Nasdaq now in bear territory, having declined approximately 23% from its December peak. The Dow Jones […]

[ad_1] This is a representational image Shares of Tata Motors Ltd tumbled nearly 10 per cent on Monday after its luxury arm, Jaguar Land Rover (JLR), announced a halt on exports to the United States in response to new auto tariffs imposed by US President Donald Trump.JLR's decision comes after President Trump signed an executive order on April 2, slapping a 25% tariff on all foreign-made cars entering the US. The tariffs apply immediately to fully assembled vehicles and will extend to auto components starting May 3.While India's auto industry is largely shielded from the direct impact of the US tariffs, given that the country's exports to the American market are relatively small, the move has raised concerns for Tata Motors, which owns JLR. In 2024, India's car exports to the US stood at just $8.9 million, or a mere […]

[ad_1] The week ahead has crucial domestic and global events, with international investors monitoring trade-related developments closely. (AI image) Stock market crash today: It’s bloodbath on Monday! BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Monday. Both stock market indices plunged over 4%. At 9:20 AM, BSE Sensex was trading at 72,129.44, down 3,235 points or 4.29%. Nifty50 was at 21,878.15, down 1,026 points or 4.48%.The top BSE Sensex losers were Tata Steel (-10%), Tata Motors (-7.86%), Infosys (-6.98%), Tech Mahindra (-6.36%) and L&T (-6.45%).According to Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, “Globally markets are going through heightened volatility caused by extreme uncertainty. No one has a clue about how this turbulence caused by Trump tariffs will evolve. Wait and watch would be the best strategy in this turbulent phase of […]