📢 Markets Went Wild, Here’s the Scoop!
Your daily dose of business news
🗞️ Gold Prices Hit Fresh Peak Amid Trade Tensions
As the US-China trade war intensifies, gold futures surged to a record ₹93,736/10g. This spike underscores a strong investor shift to safe-haven assets during global uncertainty.
💬 Expert Opinion: “Gold prices are likely to remain elevated until there’s clarity on global trade dynamics.” – Anita Deshmukh, Commodities Strategist
🗞️ Jaishankar Warns of Economic Weaponisation Amid Global Uncertainty
At the India-Italy Business, Science and Technology Forum, External Affairs Minister S. Jaishankar raised concerns over the growing weaponisation of economic activities and emphasized the risks of over-concentrated manufacturing hubs. He stressed the need for trusted partnerships to navigate evolving geopolitical challenges.
🗞️ India Tightens Stance on Chinese FDI
Piyush Goyal announced that India is not actively encouraging FDI from China, citing strategic concerns and national security. The move aligns with India's cautious approach to cross-border capital in sensitive sectors.
🗞️ Industrial Production Falls to 6-Month Low
India’s industrial output slowed to 2.9% in February—its weakest pace in half a year—driven by declines in the manufacturing and electricity sectors.
🗞️ Electronics Manufacturing Value Addition Hits 70%
India’s electronics sector has reached 70% value addition and is projected to hit 90% by FY27. This reflects growing domestic capacity and reduced reliance on imported subcomponents.
💬 Expert Opinion: “This signals a maturing ecosystem that’s moving beyond assembly to core manufacturing.” – Rajiv Malhotra, Tech Policy Expert
🗞️ Small & Midcap Mutual Funds Attract Strong Inflows
Despite concerns about overvaluation, smallcap and midcap mutual funds witnessed a 10% rise in inflows, showing sustained investor confidence in high-growth equity segments.
🗞️ OPEC Output & Tariffs Worry US Oil Producers
Amid higher OPEC output and growing global trade tensions, U.S. oil producers are showing signs of caution, pulling back on aggressive drilling expansion plans.
🗞️ Global Markets React to Trump’s Tariff Play
The ongoing Trump-China tariff standoff has caused turbulence in global equity markets, with investors weighing long-term trade policy impacts.
📊 Market Updates
📈 Sensex: ▲ 1,310.11 pts to 75,157.26
📈 Nifty 50: ▲ 429.40 pts to 22,828.55
🪙 Gold: ₹93,736 per 10g ⬆️ ₹2,000
🥈 Silver: ₹95,500 per kg ⬆️ ₹2,300