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Sona BLW fell by up to 3% on the BSE on March 4, after U.S. President Donald Trump said on Monday, «there is no room left for Mexico or Canada,» confirming that a 25% tariff on imports will take effect from Tuesday. The shares of Sona BLW Precision Forgings fell by 2.7% to a low of Rs 472.80 in early trade, while Samvardhana Motherson International shares slipped 2.4% to their day's low of Rs 116.55.

The Nifty futures closed negatively with losses of 0.06% at 22,267 levels on Monday. India VIX fell by more than 1% to close at 13.76 in the previous trading session.

Coforge shares will be in focus on Tuesday, March 4, as the company’s board meets to evaluate a proposal for altering its share capital through a stock split or subdivision of its existing equity shares with a face value of Rs 10 each. «The meeting of the Board of Directors of the company is scheduled to be held on Tuesday, March 04, 2025, inter alia, to consider the proposal for altering the share capital of the company by subdivision/split of the existing equity shares of face value Rs 10/- each, fully paid-up, in such a manner as may be determined by the Board of Directors, subject to the approval of the shareholders and any approvals, as may be required under applicable law,» the company said in an exchange filing.

Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbours and allies. That is the backdrop for this week's S&P Global TPM container shipping and supply chain conference in Long Beach, California, an annual event that marks the start of container shipping contract negotiating season. Attendees this year include industry heavyweights like container carriers MSC, Maersk and Hapag-Lloyd, marquee customers such as Walmart, and major logistics firms including DSV and DHL.

BEIJING — China «firmly rejects» additional U.S. tariffs on Chinese goods and will take countermeasures, the Ministry of Commerce said in a statement Tuesday.

Axis Securities has a buy call on Hero MotoCorp with a target price of Rs 5,285. The current market price of Hero MotoCorp is Rs 3,690. Hero, incorporated in 1984, is a Large Cap company with a market cap of Rs 73499.83 crore, operating in the Auto sector. Hero MotoCorp's key products/revenue segments include Motorised Two Wheelers Upto 350cc Engine Capacity, Spares (Two Wheelers), Sale of services, Other Operating Revenue and Duty Drawback for the year ending 31-Mar-2024.

RBL Bank shares will be in focus on Tuesday after the private sector lender confirmed that Maharashtra State GST officials conducted searches at three of its offices under Section 67 of the Maharashtra Goods and Services Tax (MGST) Act, 2017. The bank stated that the proceedings are ongoing and that it is fully cooperating with authorities by providing the requested data.

“At Wallfort PMS, our investment objective is to maximise returns through long-term investment in small and midcap stocks along with prudent risk management and investment allocation strategy,” says Bhavya Shah, Head of Research, Wallfort PMS. In an interview with ETMarkets, Shah said: “Following the Four P Investment Approach, we focus on companies with great leadership and top management, strong products or services, business profitability, growth drivers etc.,” Edited excerpts: Please take us through the recent performance of the fund and for the year 2024?

Chakri Lokapriya, Chief Investment Officer (CIO) for Equities at LGT Wealth India , says most defence stocks have corrected 40-50%. In Europe, NATO is in a flux and with Trump threatening to pull out, major European powers are increasing their defence Budget. This should help the exporting Indian defence companies and Lokapriya is ready to buy Bharat Electronics (BEL) and Hindustan Aeronautics Ltd (HAL). Lokapriya also says among banks, he would go first into the PSU banks, SBI, Canara Bank and then into large private banks like ICICI and Axis. What is your take on the defence pack because we are seeing a lot of these stocks participating and globally we are getting to hear that European markets are definitely looking to up their game with respect to defence spending. Within the Indian markets, some of these companies have exposure to the European markets, a case in point being BEL, which is one of the top gainers. After the correction, are you spotting any opportunities there? Chakri Lokapriya: Basically the defence stocks have all corrected a good 40-50% on the back of lower Indian government spending and there was some amount of re-rating downwards of earnings expectations for the stocks. Fast forward to a few months later, the world is a slightly different place with NATO itself is in a major flux and that is leading to a number of individual European countries increasing their percentage of GDP budget on defence, the UK is a case in point and that will be followed by other countries.

Titan shares will be in focus on Tuesday after global brokerage firm Macquarie lowered its target price on the stock to Rs 4,000 from Rs 4,150 while maintaining an 'Outperform' rating. Macquarie continues to view Titan as the preferred pick in the consumer space. The brokerage expects rising gold lease costs for smaller players to strengthen Titan’s competitiveness, while concerns over lab-grown diamonds are seen as immaterial. It has also cut FY25-27 EPS estimates by 3-4% due to higher lease costs, partly attributed to Trump’s tariff, and the near-term impact of rising gold prices on jewelry demand.

Subscribe to enjoy similar stories. Giancarlo Devasini, one of the world’s newest billionaires, leads a reclusive life in this Alpine town. He stays in a modest apartment by the lake, strolls the cobbled streets with a black hoodie pulled over his head—and rages about the American rival he believes is trying to kill his business.

Subscribe to enjoy similar stories. Coming soon after relatively weak gross domestic product data, the purchasing managers’ index (PMI) seems to validate a loss in factory-activity momentum. The HSBC India manufacturing PMI dropped to 56.3 in February from 57.7 in January.

Subscribe to enjoy similar stories. Actively managed foreign funds have sold more Indian stocks than passive funds in the ongoing correction, according to a Mint analysis.

Subscribe to enjoy similar stories. The Nifty 50, India’s benchmark index, ended the session on a flat note at 22,119 despite strong global cues. The index opened on a positive note at 22,194 and surged to an intraday high of 22,260 before swiftly erasing its gains.

Subscribe to enjoy similar stories. Better growth for the Big Five of India's IT industry in the next financial year has come under doubt, with some of the largest banks, the biggest customers of homegrown IT firms, putting large tech spending projects on hold. The reason: Uncertainty over inflation rates and whether America’s recent tariffs on goods from China and Mexico could start a new round of trade war.

Pakistan's cargo ship will soon reach Bangladesh's Mongla Port in 53 years. By allowing Pakistani ships to dock at its ports, Bangladesh's interim government is sending a a clear message to India. The erstwhile Sheikh Hasina government had given India access to Bangladesh's Chittagong and Mongla Ports to bolster sub-regional connectivity. Pakistan flagged carrier vessel, loaded with 25 metric tonnes of rice, left Karachi's Qasim port a few days ago and is expected to anchor at Chittagong Port this week, according to persons familiar with Pakistan-Bangladesh ties. After unloading 60% of the cargo (rice) at Chittagong, the vessel with the remaining quantity of rice will move towards Mongla, claimed one of the persons.

Radisson Hotel Group said on Monday its strategy is to have 240 hotels in operation and under development in India by end of 2025, driven by a strategic focus on tier 2 and 3 markets and the increasing demand for luxury lifestyle and midscale accommodations. Headquartered in Belgium, the chain is one of India’s largest international hotel operators, with currently a robust presence of over 194 hotels in operation and development across 114 destinations. «As a global hospitality leader, we are committed to deepening our ties between Belgium and India, two nations united by a shared vision for growth and collaboration,» said Nikhil Sharma, managing director and area senior vice president, South Asia, Radisson Hotel Group.

trans-Atlantic security. As evident, the Trump administration is unlikely to commit to a security framework in Europe where it pits Washington against Moscow. In fact, Washington is demonstrably against security commitments abroad, to the extent that its age-old commitments under Nato now hang in the balance. What is certain, though, is that any road to getting Washington's security commitments is likely to involve a large economic component. As such, the semblance of an offer that the US has put on the table for Ukraine as a guarantee against Moscow is a mineral deal without any explicit security guarantees. Clearly, this approach may not be acceptable to most countries, certainly not to Ukraine. An immediate repercussion of Washington's security recoil has been the beginning of an almost pan-European consensus on the need to step up and fill potential gaps that could emerge as a result. Most European leaders appeared bound in a consensus to carve a new security assurance for Ukraine, except this time without the US. France, Germany and Britain, along with the EU as a bloc, depicted existential urgency at Sunday's leaders' European security summit in London, knowing that the block may have to take charge of not just its own security but also negotiations on part of Ukraine.

All that changed last Friday, when fresh estimates for GDP growth in 2024-25 and Q3 estimates for the current fiscal suddenly showed growth in a new, much brighter light. Not only is growth in Q3 (6.2%) a marked improvement over the previous quarter's upwardly revised 5.8%, but growth for FY25 has also been revised upward. From 6.4% in FAE released on Jan 7, growth in 2024-25 is now pegged higher at 6.5%. Even better, across-the-board upward revisions in growth estimates for the previous two fiscals — from 8.2% to 9.2% in 2023-24 (the highest in the previous 12 years, except for 2021-22, when GDP grew 9.7% on account of rebound from Covid), and from 7% to 7.6% in 2022-23 — along with upward revisions for Q1 and Q2 of FY25 show the economy in fine fettle.

The note dated Sunday was the latest from analyst Adam Jonas, a longtime Tesla bull who has praised the company's push beyond autos as sales face pressure from high U.S. borrowing costs and fierce Chinese competition including from BYD.