Trade Financial News

China has reiterated it could take “necessary countermeasures" after U.S. President Donald Trump decided to impose a 10% tariff on China for allegedly doing too little to stem the production of precursor chemicals for the drug fentanyl

China has countered President Donald Trump’s tariffs on Chinese products with tariffs of its own on multiple U.S. imports as well as announcing an antitrust investigation into Google and other trade measures

President Donald Trump has taken executive action to impose or threaten new tariffs on imports from Canada, Mexico and China

Chinese stocks listed in Hong Kong surged on Tuesday as investors loaded up on artificial intelligence and electric vehicle shares while shrugging off news of tit-for-tat Sino-U.S. tariffs on each others' goods. China's finance ministry announced a package of tariffs on a range of U.S. products in an immediate response to a 10% new tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT.

PSU stock NLC India surged 12.2% to a high of Rs 237.05 on the BSE today after reporting robust Q3 results, posting an all-time highest profit after tax (PAT) of Rs 2,245 crore, reflecting a significant 28% YoY growth. This compares to Rs 1,754 crore in the same period of the previous fiscal year.

«What you say is the consensus view out there. I mean, there are people who are saying that emerging markets is no longer an asset class because of multiple things that you just mentioned. But here are a few things. One, if you look at the valuations overall for emerging markets, if the US is trading at 22, we are at 20,» says Swanand Kelkar, Breakout Capital Advisors. What is keeping you busy these days? Swanand Kelkar: So, as you know, the Breakout Capital Fund is an emerging markets long biased fund, which invests across 30-35 best quality stocks across emerging markets, including India. And India, again, no points for guessing, is one of the largest allocations that we have.

UPDATE AS OF FEB. 3, 2025 AT 4:59 P.M. EASTERN: Prime Minister Justin Trudeau says the U.S. tariffs on Canada will be “paused” for 30 days. Read more about the announcement here.

Ahead of tariffs starting Tuesday, President Donald Trump posted on social media that he spoke Monday morning with Canadian Prime Minister Justin Trudeau and would “be speaking to him again at 3:00 P.M.” But the Republican president also used the post ...

silver March futures contracts were trading at Rs 94,200/kg, down by 0.06% or Rs 57. Gold prices surged significantly by Rs 3,100/10 grams in the last one week while silver prices rose by Rs 4,000/kg in the same period.

China lashed out at the US over tariffs imposed by President Donald Trump, saying Beijing «may be forced to take countermeasures» and stressed that there is «no winner in a trade war».

On the BSE, Titan Intech (down 19.97 per cent), Promact Impex(down 19.90 per cent), Sai Swami Metals and(down 19.34 per cent), Vision Corp(down 19.26 per cent) and 52 Weeks Entertainment(down 17.48 per cent) were among the stocks that plunged over 5 per cent during the session.

buy call on Adani Energy Solutions with a lowered target price of Rs 1,101 (Rs 1,318 earler). The current market price of Adani Energy is Rs 737.2. Adani Energy, incorporated in 2013, is a Large Cap company with a market cap of Rs 88276.25 crore, operating in the Power sector.

NLC India Ltd.(up 11.46%), Jyoti Structures Ltd.(up 6.38%), Inox Wind Ltd.(up 4.89%), Hitachi Energy India Ltd.(up 4.66%), Gujarat Industries Power Company Ltd.(up 4.17%), GMR Power and Urban Infra Ltd.(up 4.09%), Inox Wind Energy Ltd.(up 3.99%), Karma Energy Ltd.(up 3.98%), KPI Green Energy Ltd.(up 3.29%) and Adani Energy Solutions Ltd.(up 2.92%) were among the top gainers.

Donald Trump slapped tariffs on goods from three major trade partners at the weekend.

Subscribe to enjoy similar stories. A store displays a ‘Buy Canadian Instead’ in response to President Trump's 25% tariffs on Canadian goods in Vancouver, British Columbia, Feb. 2.

Tata Chemicals shares will be in focus on Tuesday, February 4, after the company reported a net loss of Rs 21 crore for Q3FY25, compared to a net profit of Rs 194 crore in the same period last year. The company took an exceptional charge of Rs 70 crore in Q3FY25 due to employee termination benefits, decommissioning of plant and machinery, and other closure-related expenses following the cessation of soda ash production at the Lostock plant in Northwich, UK.

Premier Energies are likely to remain in focus after the company reported a 490.58% YoY surge in its profit after tax (PAT) at Rs 255.22 crore for the third quarter of the financial year 2025. The same stood at Rs 43.21 crore for the same period of the last year. On a quarter-on-quarter (QoQ) basis, PAT also showed a healthy increase of 23.93% from Rs 205.94 crore in Q2 FY25.

Donald Trump said his administration plans to speak with China, raising the possibility of a potential reprieve on a 10% tariff set to take effect in hours after he delayed levies on Canada and Mexico.

Prashant Khemka, Founder, White Oak Capital Management, says since the central election, there has been a noticeable shift in how cyclical stocks perform compared to defensive or consumer stocks. This Budget may strengthen that trend. Khemka does not expect any significant underperformance from specific sectors, but the strong performance of cyclical stocks over defensive or consumer stocks may not continue as it has in recent years. Khemka says White Oak always wants to have a balanced portfolio. There are great opportunities to find in every segment of the market, in every sector of the market, and every other way you slice and dice the market, you can find good investment opportunities. Is it time to go ahead and park your money in the consumption theme and say goodbye to the capex theme? Prashant Khemka: In the last several years, there was a strong operating momentum and as a result of that, there were multiple expansions in the domestic cyclicals. In consumption, it was the other way around. Consumption stocks were suffering from a somewhat weaker operating environment. As we all know, the last couple of years the consumption names have reported somewhat subdued numbers and they have gone through multiple compression.

buy call on Bharat Electronics Ltd. with a target price of Rs 360. The current market price of Bharat Electronics Ltd. is Rs 270.15. Bharat Electronics, incorporated in 1954, is a Large Cap company with a market cap of Rs 205989.57 crore, operating in the Defence sector. Bharat Electronics' products/revenue segments include Electronic Components & Equipments, Sale of services, Other Operating Revenue, Scrap and Rent for the year ending 31-Mar-2024.