Trade Financial News

Prestige Estates Projects Ltd.(up 1.94 per cent) and Mahindra Lifespace Developers Ltd.(up 1.82 per cent) were among the top gainers.

Trump presidency. But did any CEOs expect fierce trade wars with America’s closest allies? And did any investors expect the current nosedive in the markets? America’s businessman president is turning out to be a capital-basher like no other. The S&P Index has just recorded its worst performance compared with the rest of the world this century. The dollar is weakening, inflationary pressure is rising and credible voices are predicting a recession.

Benchmark NSE Nifty index rose 32.0 points to 22502.5 amid buying in frontline bluechip stocks.

Rama Phosphates Ltd.(up 3.36%), Bohra Industries Ltd.(up 2.00%), Southern Petrochemicals Industries Corporation Ltd.(up 1.74%), Madras Fertilizers Ltd.(up 1.54%), Paradeep Phosphates Ltd.(up 1.53%), Coromandel International Ltd.(up 1.49%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.40%), Agro Phos India Ltd.(up 1.20%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.19%) and Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 0.99%) were among the top gainers.

Stocks that rallied over 10% included, MTNL(13.89%), Everlon Synth(12.77%), Hitech Corporation (12.17%), Shriram EPC(11.89%), Disha Resources (11.83%), Ras Resorts(11.06%), Fairchem Organics(10.82%) and Soni Medicare(10.00%).

TVS Motor Company Ltd.(up 0.74 per cent), Ashok Leyland Ltd.(up 0.64 per cent), Exide Industries Ltd.(up 0.21 per cent), Maruti Suzuki India Ltd.(up 0.17 per cent) and Balkrishna Industries Ltd.(up 0.15 per cent) were among the top gainers.

On the BSE, Integra Capital(down 17.17 per cent), Aadi Industries Ltd.(down 12.60 per cent), Looks Health Services(down 11.82 per cent), Olympic Cards(down 11.56 per cent) and Spenta Intnl(down 10.25 per cent) were among the stocks that plunged over 5 per cent during the session.

Anand Mahindra reflected on his past interaction with Mark Carney, Canada’s Prime Minister-designate, recalling a meeting at the Mahindra headquarters in Mumbai in 2017. At the time, Carney was serving as the Governor of the Bank of England and was part of a delegation led by the then Chancellor of the Exchequer. Mahindra described Carney as an intellectual with a sharp wit, someone who balances intelligence with a straightforward and pragmatic approach. As Carney prepares to take on the leadership of Canada, Mahindra acknowledged the immense challenges ahead, particularly in today’s complex global landscape. However, he expressed confidence in Carney’s ability to navigate the responsibilities of the role effectively.

Mrs. Bectors Food Specialities Ltd.(up 5.13%), Umang Dairies Ltd.(up 3.47%), Varun Beverages Ltd.(up 2.70%), Vadilal Industries Ltd.(up 1.65%), Nakoda Group Of Industries Ltd.(up 1.62%), Nakoda Group Of Industries Ltd.(up 1.62%), JHS Svendgaard Laboratories Ltd.(up 1.52%), Parag Milk Foods Ltd.(up 1.24%), Dodla Dairy Ltd.(up 1.20%) and Tata Consumer Products Ltd.(up 0.96%) were among the top gainers.

Polycab shares will be in focus on Thursday after the company secured a Rs 3,002.99 crore contract from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet project in Bihar. Under the agreement, Polycab will serve as the Project Implementation Agency (PIA), overseeing the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network.

The Nifty future closed in the negative with a loss of 0.17% at 22527 levels on Wednesday. India VIX fell 2.7% to close at 13.69 in the previous session.

Milan Parikh, Managing Director, Jainam Broking Ltd. In an interview with ETMarkets, Parikh said: “AI will not replace traders but will enhance their ability to make faster, more informed, and data-backed decisions. Those who integrate AI into their trading process will have a clear edge in today’s evolving markets,” Edited excerpts:

NTPC Green Energy shares will be in focus on Thursday after its subsidiary, NTPC Renewable Energy Ltd, declared the second and final phase of its 105 MW Shajapur Solar Project in Madhya Pradesh operational. «We wish to inform you that, following successful commissioning, the second and final capacity of 50 MW out of the 105 MW Shajapur Solar Project (Unit-1) of NTPC Renewable Energy Limited, a subsidiary of NTPC Green Energy Limited at Shajapur Solar Park, MP, has been declared commercially operational with effect from 00:00 Hrs on March 13, 2025,» NTPC Green Energy said in an exchange filing.

“Post-pandemic investors faced their first correction. The current market presents selective opportunities, with a shift towards bottom-up stock picking rather than broad, top-down strategies,” says Achin Goel, PMS Fund Manager at Bonanza Group. In an interview with ETMarkets, Goel said: “The critical factor for a sustained recovery hinges on the resurgence of earnings growth, which is expected to materialize within the next 1-2 quarters,” Edited excerpts: The month of February started on a volatile note with Budget 2025; since then, we have been on a losing streak. The index fell nearly 6% in February – the worst monthly decline since Covid 2020 rout. What is your take on markets?

Global trade is forecast to grow, albeit less robustly, as the world reacts to U.S. President Donald Trump's tariff policies, Germany's DHL Group CEO Tobias Meyer told Reuters on Wednesday. «That outlook is mainly based on the 75% of global trade that does not touch the U.S.,» said Meyer, who noted that segment is seeing positive momentum. The global goods trade is expected to expand at a compound annual rate of 3.1% from 2024 to 2029, a modestly faster pace than during the preceding decade, according to the DHL Trade Atlas 2025 prepared by delivery firm and New York University's Stern School of Business.

cocoa and coffee futures is leaving traders so cash-strapped that many no longer have enough money to ship the two commodities around the world. Rising prices forced traders to deposit large sums of money with the New York exchange to back their futures positions. With so much cash locked up, it’s become much harder to finance cargoes to move beans from where they are produced to where they are consumed. To make matters worse, a rising market has prompted some farmers that sold at lower prices to default, leaving traders without the supply they need. Chocolate maker Hershey Co. argues there’s a “significant disconnect” between prices in the physical and the futures market, and that a lack of liquidity is allowing for unprecedented volatility.

equity allocation might be warranted, signalling a shift away from the conservative stance that high valuations previously dictated,” says Achin Goel, PMS Fund Manager at Bonanza Group. In an interview with ETMarkets, Goel said: “A further price correction of about 8–10% from early March 2025 levels, or sequential earnings growth reflected in EPS increases—or a combination of both—could bring large caps into fair value territory,” Edited excerpts:

Tan told the Intel team his focus would be on engineering, saying it «won't be easy» to overcome challenges faced by the company. Tan, who was born in Malaysia, will start as Intel chief on March 18, according to the company.

The CPI inflation report overshadowed the latest 'tit for tat' twist in the global trade war — U.S. President Donald Trump said he would slap further tariffs on European Union goods after the EU and other U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president.

yield spreads between corporate bonds and U.S. Treasuries widened late on Tuesday to their widest level since September, pointing to mounting investor worries about recession and a global trade war. U.S.

Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts.