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TVS Motor Company Ltd.(up 2.88 per cent), Maruti Suzuki India Ltd.(up 1.72 per cent), Eicher Motors Ltd.(up 1.09 per cent), Bosch Ltd.(up 0.67 per cent) and Balkrishna Industries Ltd.(up 0.64 per cent) were among the top gainers.

Among these top gainers were N G Industries(up 10.00%), Jhaveri Credits(up 9.99%), NACL Industries (up 9.96%), Intellivate Cap(up 9.90%), Suryaamba Spin(up 9.76%), Step Two Corp(up 9.64%), Gallops Enterprise(up 9.56%), Narendra Prop(up 9.32%), Radhe Developers(up 9.21%) and Mitsu Chem Plast(up 9.18%).

Subscribe to enjoy similar stories. The once-booming initial public offerings (IPO) market, fueled by frenzied retail participation, has hit a speed bump. The recent sell-off in Indian equities has forced companies to defer listings, with March seeing no mainboard public listing, the first monthly lull since May 2023.

Donald Trump on Wednesday is set to announce the most expansive US trade restrictions in a century, at a stroke upending the postwar global trading system and posing difficult-to-predict economic risks. The administration’s plans to impose what Trump calls reciprocal tariffs have left investors, executives, government officials and consumers around the world guessing what lays ahead when he takes the podium at the 4 p.m. White House Rose Garden event. Deliberations are coming down to the wire, with the size and scope of new levies still being discussed Tuesday. Also Read: As tariff clock counts down, Trump is still up for 'a good negotiation' The lack of details so far on the structure, size and targets of the levies have left the world “flying blind” heading into the big announcement day, according to Nomura Holdings Inc. chief economist Rob Subbaraman. “The Trump administration’s proposed reciprocal tariffs mean different things to different people,” he wrote in a recent note to clients. While a direct approach means the US matching the levies that other nations impose on US goods, “we suspect the criteria for US reciprocal tariffs will be much broader than that, and indeed more difficult to quantify.”

«India has historically had higher tariffs on US goods than the US imposes on Indian goods. This means India is one of the key targets for Trump’s tariff realignment. The impact could be significant across pharmaceuticals, automobiles, agriculture, and textiles, disrupting billions in trade,” said Ross Maxwell, Global Strategy Operations Lead at VT Markets.

At close, the company added more than $7 billion to its market value.

Sensex and Nifty50, traded higher on Wednesday, led by gains in IT and banking stocks, as investors awaited U.S. President Donald Trump's latest round of tariffs. At 9:37 am, the BSE Sensex was up 426 points, or 0.56%, at 76,451, while the Nifty50 gained 123 points, or 0.53%, to trade at 23,289.

Coal India shares will remain in focus on Wednesday after the state-run company announced a Rs 10 per tonne price hike for both coking and non-coking coal, effective April 16. The company stated that its board had approved the increase in the «notified price of coal by Rs 10 per tonne, from the current Rs 10 per tonne to Rs 20 per tonne for non-coking coal and Rs 10 per tonne for coking coal, for both regulated and non-regulated sectors across CIL, towards contributing to the corpus of CMPS-1998.» Coal India contributes to over 80% of domestic coal production.

Tata Consumer Products shares will be in focus on Wednesday after Goldman Sachs upgraded the stock to a 'Buy' rating and raised its target price to Rs 1,200 from Rs 1,040. The brokerage expects strong earnings per share (EPS) growth for the company over FY25-27, driven by a recovery in tea margins through price hikes.

Shri Ahimsa Naturals will debut on the NSE SME platform today. The GMP is currently at 16% over the issue price of Rs 119 apiece. The company offered 62 lakh shares to investors, which included a fresh equity sale of 42.03 lakh shares and an offer for sale (OFS) of 19.99 lakh shares. The issue was booked nearly 63 times as non-institutional investors piled on bids 182 times more than that are reserved for them.

ATC Energies System's offering received a muted subscription from investors. However, the company's shares will debut on the NSE SME platform today. The GMP ahead of the listing is around 3%. Net proceeds to the tune of Rs 64 crore will be used for repayment of debt, funding capex requirements, working capital and general corporate purposes.

Infosys co-founder, Nandan Nilekani, highlighted that 50% of Indians' assets are land, much of it non-tradable—unable to be sold or used as loan collateral. This leaves landowners with dormant assets. He proposes “tokenisation of land”, digitising titles to make them tradable on a ledger, like stocks or bonds.

Subscribe to enjoy similar stories. Indian benchmark indices ended lower on 1 April, with the Sensex falling 1.80% and the Nifty 50 dropping 1.50% ahead of the tariff deadline. Major losers were HCL Technologies, Bajaj Finserv, and HDFC Bank, while IndusInd Bank and Bajaj Auto saw gains.

Subscribe to enjoy similar stories. Even as the markets regulator took a slew of measures to curb the retail frenzy in options trading, it turns out that individuals participating only in the futures and options (F&O) segment of NSE comprise less than a fifth of those who traded in derivatives last fiscal.

Subscribe to enjoy similar stories. Bengaluru: The Big Five of India’s IT services may grow slower in the year ahead as Donald Trump's tariff war threatens to hurt their large clients in the US, multiple analysts said. Inflationary policies, retaliatory tariffs and a slower pace of rate cuts are expected to darken the mood further.

STATE OF THE MARKETS

Asian stocks edged lower as traders grapple with how to position themselves in the countdown to President Donald Trump’s sweeping tariffs announcement. A regional gauge declined as indexes in Japan and South Korea dropped at the open. Treasury yields advanced after a multi-day drop as traders weighed the odds of Federal Reserve policy easing.

safe-haven assets. However, rising prices have crimped consumer sentiment, impacting sales of the yellow metal. Gold is currently trading at ₹90,966 per 10 gm in the physical market, up by ₹1,802 per 10 gm from Friday, when India's bullion market was last open. The market was closed on Monday due to Eid.

President Donald Trump says that tariffs will make the U.S. "rich." But those riches will likely be far less than the White House expects, economists said.

AQR Capital Management's multistrategy hedge fund beat the market with a 9% rally in the first quarter as Wall Street grappled with extreme volatility amid President Donald Trump's uncertain tariff policy.

Donald Trump has reiterated that Wednesday will be «Liberation Day» — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods. The details of Trump's next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes. But an undeterred Trump is inviting CEOs to the White House to say they are investing hundreds of billions of dollars in new projects to avoid the import taxes. It is also possible that the tariffs are short-lived if Trump feels he can cut a deal after imposing them. What exactly does Trump plan to do? He wants to announce import taxes, including 'reciprocal' tariffs that would match the rates charged by other countries and account for other subsidies. Trump has talked about taxing the European Union, South Korea, Brazil and India, among other countries.