Trade Financial News

Housing starts across Canada kicked off the year strong, but lower immigration levels and evolving U.S. trade policies are clouding the country’s economic outlook, which has had a cascading effect on the housing market, according to the Canada Mortgage and Housing Corporation (CMHC).

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.

Piyush Goyal sounded bullish on the forthcoming trade talks with the Trump administration, promising a “mother-of-all” bilateral trade deals with the US soon.

Piyush Goyal on Friday expressed concerns over Japan's growing trade surplus with India, highlighting that India's exports to Japan have remained stagnant over the past 15 years. In contrast, Japanese exports to India have continued to rise, exacerbating the trade imbalance.

Reserve Bank of India has expressed caution over the impact of global trade tensions and protectionist policies on India.

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.

Trump says value-added taxes carry a lot of blame for America's near trillion dollar trade deficit with the rest of the world. The 170-plus countries who charge VAT — including top U.S. trade partners in Europe — insist they have no impact.

Domestic benchmark index NSE Nifty ended 117.25 points down at 22795.9, while the BSE Sensex closed 424.9 points down at 75311.06.

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%).

Subscribe to enjoy similar stories. Varun Beverages Ltd’s (VBL) strategy is clear: aim for double-digit volume growth in India, focus on international expansion, and strengthen the distribution network. Despite facing new competition from Campa Cola and the complexities of global markets, management remains confident amid strong demand tailwinds and robust execution.

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.

US Tobacco co says it's not only eyeing the unaddressed Indian market but also the untapped talent pool.

«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.