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Subscribe to enjoy similar stories. No major company is better positioned than Berkshire Hathaway in the wake of the stock market rout. Berkshire was sitting on about $318 billion of cash and equivalents at year-end 2024, nearly double the total at the end of 2023.

Sri Nachammai(up 16.96%), Kreon Financial(up 16.47%) and Pasupati Acrylon(up 15.49%) were among the stocks that surged over 15%.

Motive has announced that it will more than double its India headcount by strengthening its product, engineering and R&D teams. Over the next two years, the company plans to hire over 300 engineers and designers, including some in senior leadership roles, at its Bengaluru development centre, cofounder and chief executive Shoaib Makani told ET. Valued at nearly $2.85 billion during its last funding round in 2022, San Francisco-based Motive builds technology to help companies run their physical operations with AI tools.

ICICI Bank Ltd.(up 1.78 per cent), Canara Bank(up 1.23 per cent), State Bank of India(up 0.53 per cent), Bank of Baroda(up 0.33 per cent) and HDFC Bank Ltd.(up 0.19 per cent) were among the top gainers.

"SBI is certainly within the public sector framework, it is the best within the lot. But if my choice has to be there, today I would prefer to go with Kotak and ICICI," says Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd. What are your thoughts on IndusInd Bank? What is it that you have made of these discrepancies in their accounting balances, estimating an adverse impact of nearly about 2.35% on their net worth as of December 2024. We have of course seen the stock take quite a bit of hit yesterday itself when Sumant Kathpalia’s extension got shortened to one year and not three years. But other than that, now that it seems that in the interim IndusInd Bank is not going to be really the preferred one, which of the private banking names do you prefer right now if you were looking to add positions in this current market? Deven Choksey: It is a challenging activity business-wise for most of the banks. On one side, they have to cope up with the technology front for reaching out to their customers and efficiently processing the loans and collecting the deposits.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff. Bank Nifty Today Live Updates: The NIFTY GS 15 Yr Plus at (0.1%), NIFTY GS 10 Yr at (0.09%) & NIFTY GS 8 13 Yr at (0.08%) are currently the top performing sectors among the Sectoral Indices. While NIFTY IT at (-1.34%), NIFTY Smallcap 250 at (-1.34%), NIFTY India Digital at (-0.78%) are currently the low performing sectors Bank Nifty Today Live Updates: The Bank Nifty opened at 47874.80 (-0.71%) , -342 points lower than the previous closing.

BEIJING — Mainland Chinese investors are piling into the Hong Kong stock market at record volumes as its tech-heavy Hang Seng Index trades around three-year highs.

Indian bond market remains steady as investors anticipate a potential rate cut by the Reserve Bank of India (RBI) in April, following a series of aggressive liquidity measures. Puneet Pal, Head-Fixed Income at PGIM India Mutual Fund believes that with an expected sub-4% CPI print, the Monetary Policy Committee (MPC) is likely to lower rates in its upcoming meeting. “The RBI has taken aggressive and proactive steps to augment domestic liquidity, and given the likelihood of a sub-4% CPI print this week, we expect another rate cut in the MPC meeting in April,” he said in a note.

Deepak Shenoy, Founder, Capital Mind, says from April 2nd, universally the reciprocal tariffs are in place. Given that, the next month is going to be volatile regardless of what happens. But I find that in markets, price uncertainty affects badly. That means markets just go down regardless of what the fundamentals might turn up. Stability will come only with some layer of certainty. We should look at the rest of this month and maybe the first few days of April as going to be tumultuous in the markets regardless. What do you make of the markets right now because the week gone by has been really good, but then comes Monday. Indeed, a volatile trading session. But given this weakness that we are seeing right now, what is your sense? Is this volatility here to stay? And what is the long-term trend that you are focusing on? Deepak Shenoy: There is a weakening trend in general. The rupee has weakened as well today, 20 odd paisa. There has also been a reversal in the market. But I feel this is mostly related to the uncertainty at a global standpoint because nothing meaningful in India has changed so far. One of the biggest threats right now is tariffs and what we will do to perhaps address them.

Mayuresh Joshi, Head Equity, Marketsmith India, says three triggers could lift Reliance out of a 52-week low. One, any de-merger news of either the telecom or the retail operations might act as a trigger for the stock. Second, the Street would like to see if the telecom ARPU increases can be sustained going forward. That will create a huge leverage in the individual telecom balance sheet, as well as retail. The maturity of Reliance Retail stores with consumption expected to make a big comeback, after the tax cuts starting from the first half of the next financial year, can be a huge boost for the retail operations. Third, both in terms of the oil to petchem business and some hope of Chinese recovery in terms of downstream product prices, might prop up the overall ROEs provided equity levels stay at manageable levels. These two-three things might work in favour of Reliance over the medium term. What is your current take on the chemical pack because that is one of the export-related plays and what has been happening in Europe, give us some sense that what are you picking up within the chemical basket as well as anything in particular that is looking interesting to you right now? Mayuresh Joshi: Two things, there is one part of the chemical basket which is highly commoditised including players in the soda ash space, for example, where China has a huge dominance and the other spaces which in reality belongs to the specialty chemical space as well where there are niche players and where the expectations in terms of core applications are limited to those niche players.

Subscribe to enjoy similar stories. Washington and Beijing have begun discussions about a potential “birthday summit" in June in the U.S. between President Trump and Chinese leader Xi Jinping, according to people familiar with the matter.

Subscribe to enjoy similar stories. Even though policymakers in Beijing may be putting up a sanguine show, not all is well with China’s economy. Its latest official data reveals that prices in China fell 0.7% from a year earlier in February, marking the first time in more than a year that the economy is in the grip of deflation.

BEIJING — China's latest move to boost consumption isn't meant to jolt all kinds of spending.

Subscribe to enjoy similar stories. • Godrej Industries: Buy above ₹1155, stop ₹1135 target ₹1255-1265 After undergoing a lot of volatility and the Q3 results, this stock was found stable. The bears' inability to drag it lower in this uncertain market speaks well for a strong rounding pattern breakout amid buying momentum.

Subscribe to enjoy similar stories. Electrical equipment maker Schneider Electric is working on the next phase of investments in India and would soon roll out its capital expenditure (capex) plans, a top company official said. In an interview, Deepak Sharma, managing director and chief executive of Schneider Electric India, said that the company is working on manufacturing large-scale stationary batteries in the country in view of the growing demand for storage, and is exploring the right chemistry and technology for the business.

Subscribe to enjoy similar stories. Employees may be in for an even bigger disappointment this year as the economy and the market grapple with uncertainty. Companies are not only offering slimmer hikes but will also elevate fewer people.

Subscribe to enjoy similar stories. A ‘zero-for-zero’ tariff approach is being touted as the best way for India to deal with US President Donald Trump’s proposed reciprocal tariffs. Mint explains what this initiative is and why some consider it to be a better option than a bilateral trade agreement.

Subscribe to enjoy similar stories. A new chief executive trying to steer the company, generative AI disrupting the information technology (IT) services industry, and now an activist shareholder raising its stake—New Jersey-based Cognizant Technology Solutions Corp now finds itself walking a tightrope. Cognizant is one of the few companies seeing a second round of shareholder activism in less than 10 years.

Subscribe to enjoy similar stories. Indian stock markets fell on Monday due to various global and domestic factors. The Sensex dropped over 700 points from its intraday high to close 217 points lower at 74,115.17.

United States President Donald Trump’s tariff war has become a complicated roller coaster of international trade disputes.

The segment made fun of Musk's interactions with Trump, his expanding family, and his fashion sense.