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U.S. stock markets paused their three-day positive rally on Thursday and ended below the flat line, with the S&P 500 down 0.2%, the Nasdaq 100 slipping 0.3%, and the Dow Jones unchanged amidst trade uncertainties. In contrast, most Asia Pacific markets showed positive movement. Indian markets are expected to be influenced by global trends, with the GIFT Nifty indicating a positive start for the day, though concerns over U.S. trade tariffs persist. Foreign portfolio investors (FPIs) are shifting towards a buying stance, signaling an end to heavy selling. In stock-specific news, Bajaj Finance may see gains after appointing Rajeev Jain as vice chairperson and Anup Kumar Saha as managing director. Investors will also monitor the upcoming India-U.S. trade negotiations and foreign institutional investor (FII) activity.

Wall Street saw a strong rally, with the Dow Jones rising by 0.92%, the S&P 500 gaining 1.08%, and the Nasdaq up by 1.41% after the U.S. Federal Reserve kept interest rates steady and indicated potential rate cuts later this year, though they will wait for more clarity on U.S. government policies. In Asia, markets were mixed, with Japan trading down, while South Korea and Australia gaining. China held its benchmark lending rates steady for the fifth month in March. Gift nifty traded higher today. The Indian stock market is expected to open on a positive note driven by global cues and optimism after the Fed’s potential rate cuts in 2025. The IT services sector is expected to perform well, especially after partnerships between Wipro, TechMahindra, and L&T Technology with Nvidia for AI-based solutions for various industries. In stock news, Hyundai Motor India announced a price hike of up to 3% due to rising costs. Investors focus will now shift to China’s monthly loan prime rate decision, Bank of England’s interest rate decision, and the US’ weekly jobless claims data, all due today.

Wall Street sank on Tuesday, with tech companies leading the decline as investors awaited a monetary policy decision from the Federal Reserve and assessed the potential impact of President Donald Trump’s tariff policies. Asian stocks showed mixed performance on Wednesday, with shares in Japan and Korea rising, while the Australian market saw a decline. GIFT Nifty futures were trading higher, suggesting a flat to positive start for the Indian markets. During the day, the steel industry is expected to trade higher as the government proposes to impose a 12% temporary tax on some steel products for 200 days to safeguard the steel industry from heavy imports. In stock-specific news, LIC is expected to remain in focus after the company addressed reports about its potential entry into the health insurance sector. It stated that it is in advanced discussions to acquire a significant stake in a standalone health insurance provider. Throughout the day, investors will also closely monitor the Bank of Japan’s interest rate decision, where the central bank is expected to maintain rates at 0.5%. Later in the day, the US Federal Reserve will announce its policy decision amid concerns over inflation rising due to President Trump’s tariffs on imported goods if implemented.

US stocks saw gains on Monday, with the S&P 500 rising 0.44%, the Dow Jones adding 0.85%, and the Nasdaq climbing 0.3%. The rally was driven by strong US retail sales data, easing recession concerns and boosting investor sentiment. Despite US President Donald Trump’s comments on reciprocal tariffs set to take effect in April 2025, global markets continued their positive momentum. In Asia, stocks traded higher on Tuesday, influenced by the Wall Street performance and renewed optimism around China’s economy. This positive trend is also reflected in the GIFT Nifty, suggesting a strong start for Indian benchmarks. In stock-specific news, Bajaj Finserv surged as Allianz SE announced the sale of its 26% stake in Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance to Bajaj Group for approximately €2.6 billion. Market participants are now focusing on the upcoming interest rate decisions by the US Federal Reserve and the Bank of Japan, expected on March 19.

Wall Street saw positive momentum today after a report from the U.S. Labor Department showed a smaller-than-expected rise in consumer prices for February. The Consumer Price Index (CPI) increased by 0.2%, compared to 0.5% in January, which was lower than the anticipated 0.3%. This led to optimism that the Federal Reserve may soon resume interest rate cuts. Asian markets showed mixed results as U.S. President Donald Trump ramped up trade tensions, threatening new tariffs on European Union goods, and signaling possible financial consequences if Russia rejects a ceasefire in Ukraine. On the Indian front, the market opened on a positive note with expectations of further rate cuts, driven by robust industrial production and a slowdown in retail inflation, which hit a seven-month low in February. This painted a favorable picture for the economy, boosting investor sentiment.

The strength on Wall Street came following the release of a closely watched Labor Department report showing consumer prices in the US increased by slightly less than expected in February. The Labor Department said its consumer price index increased by 0.2% in February after climbing by 0.5% in January. Economists had expected consumer prices to rise by 0.3%. Asian markets were mixed this morning as US President Donald Trump escalated global trade tensions by threatening more tariffs on EU goods. Trump also hinted at financial repercussions if Russia rejects the Ukraine ceasefire proposal. Indian market looks set to open higher on Thursday as tamer-than-expected US CPI data led to some optimism about the Federal Reserve resuming interest rate cuts soon. Additionally, domestic industrial output and retail inflation data painted a positive picture of the economy. India’s industrial production growth accelerated at the start of the year. At the same time, consumer price inflation slowed to a seven-month low in February, raising expectations of interest rate cuts over the coming months.

U.S. benchmarks extended their losses from the previous session as concerns over tariffs continued to weigh on market sentiment. While initial optimism stemmed from Ukraine’s acceptance of a ceasefire, it was quickly overshadowed by the announcement of new tariffs on steel and aluminum imports from Canada. With this recent decline, the S&P 500 is nearing correction territory from its February high. The JOLTS job openings report revealed an increase to 7.74 million in January, up from 7.508 million in December. A rise in job openings could indicate lower unemployment, potentially boosting wage growth and consumer spending. This upward trend in spending may contribute to demand-driven inflation, reinforcing a more hawkish monetary stance by the Federal Reserve. Meanwhile, market liquidity remains a concern, as evidenced by the steady decline in open interest in U.S. Treasury futures. Despite the weak sentiment in U.S. markets, global indices remain largely unaffected. The Nikkei is trading modestly higher, supported by gains in Auto and Financial stocks. European markets are also in positive territory, bolstered by optimism surrounding the Russia-Ukraine situation. The Hang Seng experienced a volatile session initially surging due to strong performance from Auto OEMs but failing to sustain its momentum. On the domestic front, Indian equities are poised for a positive opening, as indicated by GIFT Nifty. Optimism among regional peers is expected to contribute to the upbeat start.

The U.S. equity markets suffered significant losses in their first trading session of the week as investor sentiment weakened amid growing concerns over the country’s economic outlook. The uncertainty surrounding trade policies, coupled with subdued consumer confidence, weighed heavily on the markets. All three major indices closed in deep red, with the Nasdaq experiencing the sharpest decline as investors moved to secure profits ahead of an uncertain period. Another factor contributing to the selloff was the slowdown in yen carry trade activity, as market participants withdrew funds in anticipation of a potential rate hike by the Bank of Japan (BoJ). The impact of the dwindling yen carry trade was largely felt by the tech-specific stocks. The negative sentiment spilled over into Asian markets, where both the Nikkei and Hang Seng traded lower. The Japanese market faced additional pressure from a stronger yen and a lower-than-expected Q4 GDP growth estimate. Meanwhile, the Hang Seng index struggled as concerns grew over potential reciprocal tariffs on the U.S., clouding the economic outlook for China. On the domestic front, Indian equities are expected to open on a weak note, mirroring the subdued global sentiment. This outlook is further reinforced by signals from the GIFT Nifty, which also suggests a soft start for the market. We anticipate that market weakness may persist through the trading session, with continued selling pressure from FIIs, extending from yesterday’s trend.