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Sunil Subramaniam, Market Expert, says that though FIIs have started coming back, the market bounce-back is being led by DIIs as they have been sitting on Rs 2.5 lakh crore cash in the broad market and they are now looking to reverse the trade. Plus the Rs 100,000 crore Budget bonanza via tax cuts would also kick in. Subramaniam says rate sensitives and hence BFSI and consumer discretionary stocks are the right picks at this time. What are you making of this steady climb that the markets have seen? The Nifty alone has recovered about almost 1,000 to 1,200 points from the recent lows? Sunil Subramaniam: Though FIIs are coming back slowly, I still think it is the DII action which is driving the markets because as I have said before, there is a huge pileup of cash, almost about Rs 2.5 lakh crores with DIIs there and that money is a broad market money. It is not just largecaps, it is large, mid, and small. As the fund houses had generated cash by selling small and midcap stocks, used part of it to buy largecaps and hence the fall in largecaps is not so much, they are essentially now looking at reversing the trade.

Prime Minister Han Duck-soo, who was reinstated on Monday as South Korea's acting president, is a technocrat whose experience and reputation as a safe pair of hands transcended party lines and helped him serve in senior posts under five presidents. Known as a seasoned economic, trade and foreign affairs specialist, Han, 75, was serving the second stint as the head of cabinet, when he became acting president on December 14 after President Yoon Suk Yeol was impeached by parliament for leading a short-lived martial law. Two weeks later, Han himself was impeached after being accused of aiding Yoon in the martial law declaration and his powers suspended. He denied this but accepted some responsibility for the ensuing crisis by failing to dissuade Yoon from making the surprise move. On Monday, the Constitutional Court overturned his impeachment, restoring his powers to serve as leader while the country awaits the same court's ruling on Yoon's impeachment. In a country sharply divided by partisan rhetoric, Han has been a rare example of an official who has sought to stay out of the political fray.

NMDC shares will be in focus on Monday after the state-owned miner’s strike ended with trade unions withdrawing their protest over wage settlement. The company confirmed that employees resumed duties from the first shift on March 20, restoring normal operations across all projects.

Rupen Rajguru, MD, Senior Advisor, Julius Baer, says we are seeing a classic bottoming of the market and recovery will be slow, and not as significant and fast as we have seen in the previous cycle. But probably the market looks into the rate of change and at the margin, FY26 is going to be significantly better from an earnings perspective vis-a-vis FY25. What is your take on the overall market sentiment because in 2025 there has been a change in the narrative on how you look at the emerging markets, especially India. March has been quite a volatile month for us though we are cheering the recovery from the lowest level but the harsh reality is that among the SMIDs, there are pockets where we might not see the stocks recovering back to those 2024 highs. Is it the time to deploy more or rather be selective? Rupen Rajguru: Purely from a market perspective, in the very short to near terms, sentiment and liquidity determines the market momentum and both of these change very fast. Probably on March 4th, we were the worst as far as the sentiment and liquidity was concerned. So, while liquidity has not changed, but definitely in the last two weeks or so, sentiment has changed. And why has the sentiment changed?

Subscribe to enjoy similar stories. Canada’s Prime Minister Mark Carney called for elections on April 28, 2025. (Photo by Andrej Ivanov/Getty Images) New Canadian Prime Minister Mark Carney called for a snap election in late April as the country steels itself to respond to President Donald Trump’s threatened tariffs and repeated calls for it to become the U.S.’s “51st state." Carney was sworn in less than two weeks ago to succeed Justin Trudeau.

Subscribe to enjoy similar stories. India has been playing nice with America’s Donald Trump administration. So too with EV-maker Tesla and the satellite services arm of SpaceX, both led by Elon Musk, who is widely seen as President Trump’s confidant, a billionaire shaking up the US by taking a chainsaw to its government under the Department of Government Efficiency.

Subscribe to enjoy similar stories. Dear reader, Last week, I wrote that the average retail trader appeared exhausted. I also advocated that the end of March was likely to be dominated by institutional players.

Subscribe to enjoy similar stories. SBI: Buy at ₹753 | Target ₹778-785 | Stop loss ₹ 744 SBI is showing strong bullish signs on the hourly chart. The MACD indicator is positive, which tells us that the stock has good upward momentum.

«Nifty has recovered 6.3% in the last three weeks indicating value buying at lower levels. We expect this upward momentum to continue, on the back the foreign institutional investors’ return to the Indian market amid attractive valuations and signs of economic recovery,» said Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal Financial Services.

US stock-index futures climbed in early Asia trading on signs that the next round of President Donald Trump’s trade tariffs could be more measured than had previously been suggested. S&P 500 futures rose, Japanese shares fluctuated between gains and losses in early trade, while Australia’s market fell. The dollar was softer against major peers, while the 10-year US Treasury yield advanced.

Source: ACE MF. Figures are calendar year returns in %. Large cap: Nifty 50 TRI; Mid cap: Nifty Midcap 150 TRI; Micro cap: Nifty Microcap 250 TRI; Small cap: Nifty Smallcap 250 TRI. *2025 return is year-to-date based on 18 March 2025 closing values. Other years’ returns are calculated between the first and last trading day of the year.

US tariff war, said Ronald O'Hanley, chairman and chief executive officer of State Street, one of the world's largest custodian banks and asset managers. In an interview with Nishanth Vasudevan during his visit to Mumbai last week, Boston-based O'Hanley spoke about the US economic outlook, China and India's instant equity trade settlement plans among various topics. Edited excerpts: There seems to be a lot of uncertainty among investors around the tariff war ignited by the US. What is your reading?

bullish market trend, with Nifty expected to rise to 23,400–23,800 range, according to technical analysts. Stocks like ICICI Bank, SBI, Mphasis, Reliance Industries, Oberoi Realty, DLF, JSW Steel, Tata Steel, PFC, Bharti Airtel, and BHEL have formed bullish patterns, presenting potential short-term trading opportunities for investors. RAJESH PALVIYA HEAD — TECHNICAL DERIVATIVES, AXIS SECURITIES

Sebi) is likely to discuss a framework for the disclosure of members' conflicts of interest at its first meeting under new chairman Tuhin Kanta Pandey on March 24, said people with knowledge of the matter. The board will also consider a proposal on the appointment process for key management personnel at market infrastructure institutions such as stock exchanges and easing rules for foreign portfolio investors (FPIs).

Subscribe to enjoy similar stories. As the world rushes for gold, silver is also now back in vogue. Known as “the poor man’s gold", silver benefits from a correlation with gold, which just breached the $3,000 per ounce mark.

Subscribe to enjoy similar stories. 1. Apollo Micro Systems Ltd - Current market price: ₹125.18 | Buy range: ₹123–126 | Profit goal: ₹155 | Stop loss: ₹112 | Timeframe: 2–3 months.

Subscribe to enjoy similar stories. Indian trade officials are pushing their American counterparts to stitch their recent critical minerals deal into an upcoming trade agreement, two people aware of the discussions said, a tweak that may unlock US tax benefits for electric vehicles and batteries using these scarce resources.

Indian promoters to form investment companies abroad. The banks fear such offshore entities are intended to sidestep the curbs on foreign currency remittance and undertake activities which are against the spirit of overseas investment regulations. At least two leading private sector banks have stalled overseas direct investment (ODI) proposals by Indian entities to set up overseas non-banking finance companies (NBFCs), two persons familiar with the discussions with the banks told ET.

borderless world' was first propagated by Kenichi Ohmae, author of The Mind of the Strategist, in the 1990s. He predicted an era in which national boundaries would become less significant, and the free flow of goods, services, capital and information would define global trade and commerce. His theory embodied the zeitgeist of late 20th-century trade. The dawn of the 21st century appeared to vindicate his foresight, with trade liberalisation, tech breakthroughs, and MNCs propelling the globe toward economic interdependence. But the question now is whether idealism survives the political opportunism. The Trump administration's tariffs and economic nationalism raise the question of whether the era of a borderless world is coming to an end. With political slogans such as 'America First', and MAGA, Trump seeks to recalibrate trade dynamics by imposing punitive tariffs on imports from countries like Canada, Mexico, India and China.

GJEPC) officials said. China's economic slowdown coupled with plunging marriage rates in the country created a chilling effect in the Chinese diamond market valued at around USD nine billion. Last year, China's diamond market generated about USD 5.7 billion in revenue, and is expected to grow to USD 7.2 billion by 2030, according to market analysts. The demand for diamonds has fallen by as much as 50 per cent in China, while wholesale diamond prices have fallen by about 40 per cent over the past two years, creating a major downturn in the global diamond industry especially that of India as it accounted for a third of India's cut and polished diamond exports.

The benchmark BSE Sensex added 557.45 points, or 0.73%, to close at 76,905.51, while the broader Nifty 50 index closed at 23,350.40, higher by 159.75 points, or 0.69%.