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Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia provided support while there was continued uncertainty about a potential peace deal in Ukraine. Brent futures fell $1.80, or 2.35%, to $74.68 a barrel by 1:17 p.m. ET, while U.S. West Texas Intermediate crude fell $1.81, or 2.5%, to $70.67.

yen as investors consolidated positions ahead of the weekend, looked to more inflation data next week, and kept an eye on tariff headlines. «It's a bit of consolidation ahead of the weekend. The moves lack conviction and this is still position-squaring,» said Marc Chandler, chief market strategist, at Bannockburn Global Forex in New York.

Subscribe to enjoy similar stories. Market sentiment has soured as foreign investors withdrawal due to rising US yields, a stronger dollar, and weak earnings. Meanwhile, salaries in 2025 are expected to see a decent rise, albeit slightly less than last year, amid global uncertainty and softer economic growth.

Nifty Smallcap 100 index as part of the semi-annual reshuffle in the Nifty indices. Among the stocks are Firstcry operator Brainbees Solutions, Afcons Infrastructure, Anant Raj, Delhivery and Devyani International. Among the notable omissions were Zee Entertainment Enterprises, NMDC Steel, Jyothy Labs and Central Bank of India. The decision comes after the meeting of the NSE Sub-Committee which was scheduled today. These changes will become effective from March 28, 2025 i.e. close of March 27, 2025.

Silver is poised to hit a target of Rs 1,17,000 in the next 12 months according to estimates given by Samco Securities. The steam in white metal remains intact notwithstanding a 41% uptick since December 2022 and multiple tailwinds are likely to drive the silver bulls, this brokerage opines. Silver is trading in a greed phase which began in January 2023 and will stay there till April 2025, Apurva Sheth, Head of Market Perspectives & Research said.

stock brokers in a bid to boost financial consumer protection alongside enhancing financial inclusion and financial literacy. This came in view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0 — a web based centralised grievance redressal system of Sebi. The modified charter includes vision, mission, services provided to investors by brokers, various activities of brokers with timelines, Dos and Don'ts for investors, grievance redressal mechanism and handling of investor's claims in case of default of a trading member along with the format for investor complaints data to be displayed by brokers on their respective websites and trend of annual disposal of complaints.

The statement offers more details on measures Singapore's equities market review group announced on February 13 to revive its stock market that has come under pressure from a dearth of mega listings and softer trading liquidity.

The retail portion of the issue was subscribed by 6.77 times, while the issue was subscribed 1.08 times under the non-institutional investors category. The qualified institutional buyers had not made any bids yet.

Ugar Sugar Works Ltd.(up 2.62%), KCP Sugar & Industries Corporation Ltd.(up 1.57%), Ponni Sugars(Erode)Ltd.(up 1.47%), Uttam Sugar Mills Ltd.(up 0.77%), Triveni Engineering & Industries Ltd.(up 0.58%), Rana Sugars Ltd.(up 0.56%), Balrampur Chini Mills Ltd.(up 0.56%) and Magadh Sugar & Energy Ltd.(up 0.08%) stood among the top gainers.

stocks rallied as much as 15% in Mumbai trading on Friday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the red amid brisk selling in frontline bluechip counters. Stocks that surged in excess of 15% included, Nakoda Group Of Ind(PP)(19.94%), Narayani Steels(19.92%), Religare(18.96%), IKIO Lighting(18.82%), Envair Electro(17.96%), ETT Ltd(16.51%) and Saboo Sodium(15.08%).

Viral Shah, VP, IIFL Securities, says L&T Finance shifted its focus to retail about three to four years ago, targeting profitable yet riskier segments like microfinance and personal loans, along with mortgages. However, this reliance on high-risk areas is causing issues. In contrast, Mahindra Finance struggles due to its limited expansion beyond vehicle finance and its dependence on its parent company, compounded by a tendency to overpromise and underdeliver. I want to understand the entire setup for the NBFC space. We are done with the Q3 earnings and there are a lot of hits and misses in the NBFC space. What is the setup looking like? Viral Shah: I would say now we are in a realm where we need to differentiate between different NBFCs. There are fixed rate NBFCs; floating rate NBFCs, primarily HFCs, and in terms of the broad theme that we are now going ahead looking at it is that there is going to be a continued moderation in growth. In pockets, the asset quality is still worsening. In some pockets, there are signs that it could be peaking or it is closer to peaking in a couple of quarters and in some other segments, we may see that the tailwinds of rate cuts that RBI has done probably will flow through in the numbers, though of course it is built into the expectations already.

India is not a major exporter of metals to the US, but any global price shift would surely impact the domestic pricing also, said Naveen Mathur, Director-Commodities & Currencies, Anand Rathi Share & Stock Brokers. We may see a glut with respect to the oversupply, he opined highlighting that the other countries may start dumping the goods into India. Edited excerpts: Do you see a significant impact on global metal prices once the Trump tariffs come into force and while India is not a major metal exporter to the US, will it have a trickle-down effect on the domestic industry? As we all know, post Mr Trump's inauguration in mid of January, the markets have been pretty volatile largely because of the policies, the global uncertainties with respect to tariffs. The tariffs would definitely push up the metal prices in the US due to restricted imports. While the excess supply in the global markets, particularly China and the EU, may cause price fluctuations, India would definitely have an indirect impact or I should say it is a mix of direct and indirect impact.

«If you look at the market breadth again this is a good indicator, sentimental indicator to understand how the things pan out going forward. The percentage of total 200-day moving average of total CNX 500 is currently around 12% to 13%,» says Dharmesh Shah, ICICI Direct. This is the fourth consecutive session where we are pretty range bound on Nifty. In fact, today we even broke down below the psychological support levels of 22,800. Tell us from here on what are the levels that you are watching out for, for next week? Dharmesh Shah: Yes, definitely, if you look at the market for last five to six trading sessions, we have been trading this range of 23,000 to 22,800. So, almost 200 to 300 points trading range has been.

«Maybe whatever the fall is left, the panic fall, capitulation fall, whatever you want to name it as, I think that could possibly get arrested in a sooner period of time and should that be, then the market will have the signs of recovery,» says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd. It is not a vicious selling, it is not ferocious, but it is painful. When will the tide turn because the news flow is not bad, but the technicals are looking very bad. Deven Choksey: 22,800 Nifty has been tested twice and right now also it is coming under attack. So, certainly, technically you are right, absolutely, the market is showing the signs of weakness. And the minds are in the capitulation state. If not, the transactions. So, at least that situation is also definitely working against the overall mood and the sentiment of the market.

Macrotech Developers Ltd.(up 1.85 per cent), Brigade Enterprises Ltd.(up 0.64 per cent), Sobha Ltd.(up 0.41 per cent) and Oberoi Realty Ltd.(up 0.26 per cent) were among the top gainers.

state-owned mini ratna NHPC Ltd have rallied 10% in 2 days to hit a high of Rs 82.13 on the BSE after the global brokerage firm CLSA upgraded the stock to ‘High Conviction Outperform’ from an earlier ‘Outperform’. However, the stock’s target price was slightly reduced to Rs 117, from Rs 120 previously.

Lexus Granito(India)Ltd.(up 2.35%), 20 Microns Ltd.(up 1.34%), The Orissa Minerals Development Company Ltd.(up 0.69%), Aro Granite Industries Ltd.(up 0.68%) and Pokarna Ltd.(up 0.54%) were among the top gainers.

Geoff Dennis, Independent Emerging Markets Commentator, says even if the dollar gains strength again, it won't rise significantly enough to heavily impact the rupee. A strong rebound in the dollar would mainly affect currencies that have already increased a lot, such as the Brazilian real and the Mexican peso. Therefore, I would cautiously and gradually look to rebuild my positions in India, while remaining skeptical as an emerging market investor about the situation in China. Today is one of those rare days where we have not had any commentary coming in from Trump this morning with regards to tariffs. But how should one actually brace themselves, given the fact that every day you have a new addition to the tariff list? Geoff Dennis: Well, there is a lot of uncertainty about tariffs. There is a lot of uncertainty as to what we get with tariffs and when and who will be impacted by it. But at the moment, there is not a lot in the way of a new narrative. If you look at what the markets are doing with bond yields having pulled back in the US from 4.8 to 4.5 for 10 years, the dollar being weaker on the year, particularly since the middle of January, it looks to me that the peak of the Trump trade has passed. We have seen some profit taking, some rotation.

Tata Power will be in focus on Friday after announcing their partnership with Amazon Web Services to embark on a data-driven transformation to accelerate the country’s energy transition. “Tata Power- one of India’s largest integrated power companies with presence across T&D, Generation, Trading, Renewables (including Manufacturing), and Energy as a Service (EaaS) — has embarked on a data-driven transformation with Amazon Web Services (AWS) to accelerate the country’s transition to a greener, smarter, and more consumer-centric energy ecosystem,” Tata Power informed via a regulatory filing.

HDFC Securities has an add call on Motherson Sumi Wiring India Ltd. with a target price of Rs 59.0. The current market price of Motherson Sumi Wiring India Ltd. is Rs 49.7. Motherson Sumi Wiring India, incorporated in 2020, is a Small Cap company with a market cap of Rs 21751.85 crore, operating in Auto Ancillaries sector. Motherson Sumi Wiring India key products/revenue segments include Cables & Wires, Sale of services, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.