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[ad_1] Market experts indicate continued volatility until clarity emerges regarding US tariffs. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Wednesday ahead of RBI’s monetary policy review. While BSE Sensex dipped over 350 points, Nifty50 was below 22,450. At 9:16 AM, BSE Sensex was trading at 73,874.49, down 353 points or 0.48%. Nifty50 was at 22,423.10, down 113 points or 0.50%.Indian equities closed on Wednesday with robust gains, recovering partially from the previous session's decline. Market experts indicate continued volatility until clarity emerges regarding US tariffs, whilst individual stocks may fluctuate based on fourth-quarter results and company forecasts.The S&P 500 experienced a significant decline on Tuesday, dropping below 5,000 points for the first time in nearly a year, following a reversal of early gains. Prospects diminished for potential US tariff […]

[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP - Technical Research, Anand Rathi Shares and Stock Brokers, GAEL, Nazara Tech and Asian Paints are the top stock picks for today:GAEL: BUY in ₹114–119 Range | Stop Loss: ₹99 (Closing Basis) | Target: ₹140 / ₹150GAEL has recently broken out after consolidating within the ₹99–₹110 range, signalling renewed bullish momentum. This consolidation took place precisely at the S3 yearly Camarilla pivot, a critical support level, further reinforcing the bullish bias.Additionally, a bullish divergence on the RSI is visible on the daily chart, offering further confirmation of potential upward movement in the short to medium term.Traders are advised to buy GAEL in the ₹114–119 range, with a stop-loss at ₹99 on a closing basis, targeting ₹140 and ₹150 over the next 1–3 months.Nazara Tech: BUY […]

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[ad_1] CHENNAI: Private Equity-Venture Capital (PE-VC) investments in late stage companies plunged by 61% over the past four years as investors have turned cautious. It has recorded a sharp decline from $23.4 billion in CY2021 to around $9 billion last year (CY2024), data sourced from research firm Venture Intelligence has revealed.The trend continues in the current FY with investments down to nearly $1.2 billion during Jan-March (CY2025) against $2 billion in the corresponding three months period of last year. The data excludes those investments in the real estate sector. Arun Natarajan, founder, Venture Intelligence said, growth stage and late stage deals suffered the most from 'Funding Winter' after peaking in CY2021. "The recovery in growth stage and late stage funding is expected to be gradual, and led by domestic investors and longer term foreign investors including sovereign wealth firms, Family […]

[ad_1] US stocks opened sharply higher, with the S&P 500 rising 3.86% and the Dow Jones Industrial Average increasing by 1,403 points (3.70%) at 10.15 am EST, while the Nasdaq composite showed a 4.34% gain. All three major US indices were up more than three percent in early trading as President Donald Trump described an upbeat call with the head of South Korea, while US Treasury Secretary Scott Bessent said Japan had sought quick negotiations.The recovery was observed globally, with Tokyo stocks rising 6%, Paris 3.4%, and Shanghai 1.6%. Crude oil prices showed slight improvement after reaching their lowest point since 2021. Bitcoin stabilised above $79,000, recovering from its previous day's decline towards $76,000.Markets briefly rose on reports of President Donald Trump considering a 90-day tariff suspension for all nations except China, but the White House later rejected this as […]

[ad_1] NEW DELHI: Led by Apple’s iPhone, India’s mobile phone exports crossed Rs 2 lakh crore in fiscal 2024-25, growing by a strong 54% over the previous year.The share of iPhone in the exports stood at Rs 1.5 lakh crore, Union Minister Ashwini Vaishnaw said on Tuesday as he forecasted a doubling of electronics exports over the next five years."Smartphones are now among the top exported goods out of India," Vaishnaw said.Apart from Apple, Samsung also exports smartphones out of India, and other companies include Motorola. Chinese players such as Vivo, Oppo and Xiaomi — while being strong players within India — are still to get big on exports.The minister said that manufacturing of electronics has increased more than five times in the last decade while exports have moved up more than six times.Vaishnaw also announced the rollout of the […]

[ad_1] NEW DELHI: State-run Bharat Petroleum (BPCL) on Monday will form an equal joint venture with Sembcorp for green hydrogen production as well as other renewable energy projects in India and elsewhere.Sembcorp will execute the joint venture through its wholly-owned subsidiary Green Hydrogen India Pvt Ltd. The JV will leverage Sembcorp's experience in renewables and BPCL's experience in the petroleum sector and its infrastructure.The JV will also pursue projects for green ammonia production and bunkering, emissions reduction for port operations and other emerging green fuel technologies.BPCL chairman G Krishnakumar said the JV support India's climate goals and the company's 2040 net-zero target with a 10 GW renewable energy portfolio.Sembcorp CEO (West) Vipul Tuli said with focus on identifying opportunities to help decarbonise hard-to-abate sectors, Sembcorp is committed to delivering scalable, low-carbon solutions for a sustainable future.Sembcorp is pursuing the use […]

[ad_1] Billionaire investor and founder of Bridgewater Associates, Ray Dalio, is sounding the alarm—not about tariffs, but about something far more systemic. In a lengthy statement, Dalio urges the public and policymakers not to fixate on the headline-grabbing tariff wars, but instead to understand the underlying economic, political, and geopolitical forces that are fundamentally reshaping the world order."Don't make the mistake of thinking that what's now happening is mostly about tariffs," Dalio wrote. “A huge amount of attention is being justifiably paid to the announced tariffs and their very big impacts… while very little attention is being paid to the circumstances that caused them and the biggest disruptions that are likely still ahead.”Dalio, whose macroeconomic insights have guided Bridgewater to become one of the world’s most successful hedge funds, paints a grim but historically grounded picture. According to him, the […]

[ad_1] NEW DELHI: Commerce and industry minister Piyush Goyal will hold a key meeting with exporters on Wednesday to discuss the implications of the 26% additional reciprocal tariffs recently imposed by the US under President Donald Trump’s administration, according to an industry official.Senior officials from the commerce ministry, representatives from various Export Promotion Councils (EPCs), and the Federation of Indian Export Organisations (FIEO) are expected to attend the meeting.An official from one of the councils said exporters are preparing to raise concerns over the potential fallout of the U.S. tariffs, which could hurt demand and ultimately impact India's outbound shipments. “The duty may impact demand in the US, which would hurt our exports,” an exporter noted.The U.S. is India’s largest export market, accounting for nearly 18% of India’s total goods exports, 6.22% of imports, and 10.73% of bilateral trade. India's […]

[ad_1] BENGALURU: Doing more for less is regaining traction in the IT sector. Indian IT firms are grappling with volatility and bearish sentiment amidst a widespread stock market rout. Infosys and HCLTech stock prices declined by nearly 4% on Monday, while Cognizant and Accenture dropped 4% and 2% respectively in early trade on Nasdaq. US remains the largest revenue-contributing geography for large IT firms, accounting for over 50% of industry revenue. The IT index declined approximately 20% year-to-date, indicating elevated uncertainty stemming from Trump's reciprocal tariffs. IT companies were hopeful of some recovery in discretionary spending, but the current scenario will further push the recovery cycle.Incred Equities, in its research note, said the recent uncertainty and lack of urgency to spend could potentially moderate spending pattern and, in turn, heighten call for 'doing more for less'. "This implies vendors need […]