Share Market News

U.S. retail inventories excluding auto for January increased by 0.5%. This represents a significant change from the previous month's figure of -0.1%. The actual result exceeded the estimated 0.4% increase.

The U.S. National Association of Home Builders (NAHB) Housing Market Index for March came in at 39, lower than the previous reading of 42. This figure also fell short of the estimated value of 42.

U.S. business inventories increased by 0.3% month-over-month in January. This figure aligns with the estimated 0.3% and represents a reversal from the previous month's -0.2% decline.

Foreign Institutional Investors (FIIs) sold a net amount of 4,488.45 crore rupees worth of Indian shares. In contrast, Domestic Institutional Investors (DIIs) bought a net amount of 6,000.60 crore rupees of Indian shares on the same day.

The NASDAQ index dropped 30.59 points, equivalent to a 0.17 percent decrease, reaching 17,723.50 after the market opened.

The Dow Jones Industrial Average dropped 66.28 points, or 0.16 percent, to 41,421.91 after the market opened.

The S&P 500 index opened down 7.75 points, or 0.14 percent, at 5,631.19.

The Competition Commission of India (CCI) has approved Tata Sons' acquisition of an additional 10% shareholding in Tata Play. This move will increase Tata Sons' ownership stake in Tata Play.

Google has chosen MediaTek to develop more affordable AI chips. This collaboration aims to produce lower-cost artificial intelligence processors. The partnership between Google and MediaTek is focused on creating AI chips that are more accessible in terms of price.

The NASDAQ 100 E-MINIS have turned positive, showing an increase of 0.2%.

U.S. stock futures are showing mixed performance. The S&P 500 E-mini futures are down 0.03%, while the Dow E-mini futures are down 0.23%.

According to the UK Prime Minister's spokesperson, a coalition of more than 30 countries is anticipated to form in support of Ukraine. This group is being referred to as the 'Coalition of the Willing'.

The U.S. New York Empire State Manufacturing Index for March has dropped to -20.0. This represents a significant decline from the previous reading of 5.70. The actual figure was considerably lower than the estimated value of -2.0.

U.S. core retail sales for February increased by 0.3% month-over-month. This figure matches the estimated 0.3% and shows improvement from the previous month's -0.4%. Core retail sales exclude certain categories and are considered a key indicator of consumer spending trends.

U.S. retail sales increased by 0.2% month-over-month in February. This represents a turnaround from the previous month's decline of 0.9%. The actual figure fell short of the estimated 0.6% growth.

China's Taiwan Affairs Office has issued a stern warning to the Lai administration, stating that if it 'dares to provoke and play with fire, it will only bring about its own destruction.' This statement suggests heightened tensions between China and Taiwan's current leadership.

China's Taiwan Affairs Office has stated that the Chinese military's exercise near Taiwan is a 'resolute punishment' for Lai Ching-te's continuous promotion of separatism. The office characterizes the military action as a direct response to Lai's activities, which they view as promoting Taiwanese independence.

India's Financial Services Secretary has called on state-run banks to ensure efficient allocation of resources and work towards reducing intermediation costs. Additionally, the Secretary emphasized the need for these banks to increase efforts in productive initiatives for cyber security and risk management.

India's Financial Services Secretary has called on state-run banks to identify and focus on building capacity. The Secretary also emphasized the need for these banks to plan roadmaps for timely capital raising. This directive aims to strengthen the financial position and operational capabilities of government-owned banking institutions in India.

Canada's Prime Minister Carney has stated that Canada is the most European of non-European countries. This comment suggests a comparison between Canada and other nations outside of Europe, highlighting similarities in culture, values, or systems between Canada and European countries.

An Indian court has agreed to hear a plea from the Delhi airport operator challenging the allowance of commercial flights from a nearby defence aerodrome. The case involves the operator of Delhi's airport and concerns the operation of commercial flights at a defense facility in close proximity.

India is conducting virtual trade discussions with the United States as a follow-up to a meeting between Prime Minister Modi and President Trump. An Indian trade official has stated that these talks are ongoing. Additionally, the official mentioned that a proposal for steel safeguard duty is still under consideration.

The Kremlin has announced that Russian President Vladimir Putin and U.S. President Donald Trump are set to have a phone conversation on Tuesday. No further details about the content or purpose of the call were provided in the statement.

The Organisation for Economic Co-operation and Development (OECD) has increased its growth forecast for China's economy in 2025 to 4.8%, up from the previous projection of 4.7%. The OECD's forecast for China's economic growth in 2026 remains unchanged at 4.4%.

The Organisation for Economic Co-operation and Development (OECD) has adjusted its global growth forecasts. For 2025, the OECD has reduced its growth projection to 3.1% from the previous 3.3%. Similarly, for 2026, the forecast has been lowered to 3% from 3.3%.

The Organisation for Economic Co-operation and Development (OECD) has reduced its growth projections for the United States economy. For 2025, the OECD now forecasts U.S. growth at 2.2%, down from a previous estimate of 2.4%. The outlook for 2026 has been more significantly lowered, with growth now projected at 1.6%, compared to the earlier forecast of 2.1%.

The Organization for Economic Co-operation and Development (OECD) has lowered its outlook for global economic growth. This adjustment is attributed to trade tensions. Additionally, the OECD anticipates stronger inflationary pressures in the global economy.

The NSE Index has provisionally concluded its trading session with an increase of 0.52% or 117.45 points. The index closed at 22,514.65 points.

National Security Advisor Mike Waltz has stated that 'all options are on the table' regarding Iran, according to Politico. This statement suggests a range of potential actions or strategies being considered in relation to Iran, though specific details were not provided in the news data.

Germany's highest court has received additional complaints against a proposed debt vote plan. The information comes from DPA, a news agency. No further details about the nature of the complaints or the specifics of the debt vote plan were provided in the news data.

UBS has raised its price target for gold to $3,200. The financial institution cites ongoing trade risks as the reason for this adjustment in their forecast.

European stock markets are expected to open with mixed results at the start of the new trading week. Futures indicate positive movement for the DAX (+0.16%) and FTSE (+0.11%), while the CAC (-0.09%) is showing a slight decline. Investors will be watching closely to see if the global market volatility continues.

The NSE (National Stock Exchange) index opened down 0.20% in pre-open trading. This indicates a slight decline in the index value at the start of the trading session before the main market opens.

The yield on India's 10-year benchmark government bond is reported at 6.69%, which is unchanged from the previous close. This indicates stability in the bond market for this particular security.

The Indian rupee opened at 86.90 against the US dollar, showing an improvement from its previous close of 86.99. This indicates a slight appreciation of the Indian currency in the foreign exchange market.

The GIFT NIFTY opened up 0.67% or 149.50 points at 22,568.

Asia-Pacific markets are expected to see mostly positive movements on Monday. Investors are closely monitoring Chinese equities. The ASX 200 is up 0.68%, the Nikkei 225 has risen 0.92%, and the KOSPI has increased by 1.23%.

G7 finance ministers are set to convene for a virtual meeting on Monday morning, according to the Canadian Finance Minister. The gathering will bring together top financial officials from the Group of Seven nations to discuss matters of economic importance.

Russia's Foreign Ministry has outlined several conditions for peace negotiations with Ukraine. The ministry rejects the presence of any foreign troops in Ukraine as part of post-conflict security guarantees. Russia demands that Ukraine maintain neutrality and be prohibited from joining NATO. While Russia is open to discussing the presence of unarmed observers, this would only be considered after a peace treaty is finalized.

Russia has initiated an air attack on Kyiv, the capital city of Ukraine, according to the mayor's statement. The attack targets Ukraine's capital, indicating an escalation in military actions between the two countries.

Brent futures opened higher in early Asian trade, increasing by 0.5% to $70.92 per barrel. The rise comes as the United States pledges to continue its attacks on Yemen's Houthi forces.

North Korea has responded to the G7 states' demand for it to abandon its nuclear weapons program. According to the Korean Central News Agency (KCNA), North Korea views this demand as a provocation. The statement indicates North Korea's resistance to international pressure regarding its nuclear capabilities.

North Korea has declared its intention to consistently update and reinforce its nuclear-armed forces, according to a report from KCNA. The country's statement indicates a commitment to developing its nuclear capabilities, though specific details or timelines were not provided in the announcement.

North Korea has announced that its nuclear forces will 'exist forever' according to state news agency KCNA. The country also criticized G7 states, accusing them of pursuing 'nuclear hegemony'. This statement reaffirms North Korea's commitment to maintaining its nuclear capabilities while expressing opposition to the nuclear policies of G7 nations.