Saturday, March 14
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday, but sank in red in late afternoon trade. While Nifty50 went below 25,000, BSE Sensex tanked 700 points.
Piyush Goyal's visit to Sweden aims to bolster trade and investment ties between the two nations. Discussions at the India-Sweden High-Level Trade and Investment Policy Forum highlighted collaboration potential and the India-EU FTA. Goyal also met with Tetra Pak Sweden to explore sustainable packaging and encouraged Swedish companies to invest in India's growing technology and R&D sectors.
Asian stocks experienced a surge following a fresh agreement between the US and China, aimed at de-escalating trade tensions. Japan's Nikkei 225 climbed by 0.5%, while Hong Kong's Hang Seng rose by 0.8%. The Shanghai Composite also saw a 0.5% increase. This progress has fueled optimism for a broader resolution after months of tariff disputes.
US stocks showed stability as inflation reports suggested that President Trump's tariffs haven't significantly increased prices yet. Global equities rose due to renewed US-China trade negotiation frameworks. Despite analyst skepticism, optimism remains, with markets awaiting further signals from trade talks and the Federal Reserve regarding interest rate decisions amid ongoing inflation and tariff uncertainties.
Gold prices in Delhi soared to Rs 98,490 per 10 grams, fueled by robust retail demand and global cues, while silver remained steady. International gold prices also rose due to renewed tariff concerns and geopolitical tensions in Ukraine and the Middle East. Market focus now shifts to the upcoming US Consumer Price Index data.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, closed in green on Wednesday after a largely lackluster trading session.
India has demonstrated the world's fastest growth in social protection coverage, soaring from 19% in 2015 to 64.3% in 2025, as per ILO data. This expansion, driven by the government's "Antyodaya" commitment, positions India second globally with over 94 crore beneficiaries. The ILO recognizes India's achievement, with coverage expected to surpass 100 crore soon.
Following the Philippines' announcement of visa-free entry for Indian passport holders for up to 14 days, travel searches from India surged by 28%. The Philippines has jumped to the third most searched Southeast Asian destination, driven mainly by couples, honeymooners, and solo travelers. Air India will launch direct flights between Delhi and Manila in October 2025, further boosting travel access.
Piyush Goyal has called China's rare earth export restrictions a global wake-up call, urging supply chain diversification. He highlighted India's efforts to develop alternative sources and become a reliable partner, addressing potential challenges for the automotive and white goods sectors. The government is supporting domestic production and exploring technological solutions to reduce dependence on Chinese materials.
Amidst ongoing China-US trade talks in London, Wall Street experienced a mostly flat early trading session. Hopes for a tariff reduction deal persist, though confusion surrounding potential ramifications has led some companies, like Designer Brands, to lower financial guidance. European markets showed mixed performance, while Asian markets reacted nervously to geopolitical tensions, particularly in Chinese stocks.
