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On Tuesday, the Sensex, a major stock index in India, bounced back a little after a rough day in the markets. Even though there was a lot of trading ups and downs, IndusInd Bank saw a huge drop of 27%. This came as global markets fell, mainly due to worries about a possible recession in the US.

A few stocks caught the spotlight:
– IndusInd Bank dropped 27%.
– PC Jewellers rose by 0.8%.
– Mold-Tek saw a small increase of 0.2%.

Here’s what Viral Chheda, a Senior Analyst at SSJ Finance and Securities, thinks investors should do with these stocks when trading resumes today:

– IndusInd Bank: After trading between 926 and 1100 for four months, the price has fallen sharply to around 667. This week alone, it’s down about 30%. The stock looks weak and could drop further, possibly reaching 600 to 550. If you own this stock, it’s best to sell if the price goes up a little. The indicators show it might go down more, so stay away from buying it.

– PC Jewellers: After reaching a 52-week high of 19.30 in December 2024, the stock fell to a low of about 10.30. That’s roughly a 47% drop. Currently, the stock is showing some signs of recovery, moving above its important averages, which is promising. It could face resistance at 15, but if it breaks past that, it might climb to 18-20. Buying at the current price or on dips (around 11.50) with a stop loss at 10 is a good strategy, as it could rise to 16-19 in 10-12 months.

– Mold-Tek Packaging: After hitting a high of 1100 in July 2023, the price sharply fell to about 422, marking a 62% drop. It has reached a three-year low and is forming a pattern that could indicate further declines unless it stays above 430. If it drops below that, it could slide to 400-370. However, if it climbs past the 520-550 range, it could go up to 650-750. This stock looks good for the long term and can be bought at lower prices. Buying now or at around 435 with a stop loss of 425 could lead to gains of 550-650 in 6-8 months.

(Disclaimer: The opinions given by the experts are their own and do not reflect those of Thellv.news)

Recent news about a possible ceasefire between Ukraine and Russia had investors feeling hopeful, but Wall Street struggled to recover from losses. Ukraine announced they would consider a 30-day ceasefire proposed by the U.S., which initially made stocks rise, especially the tech-heavy Nasdaq. However, President Trump’s decision to double tariffs on steel and aluminum from Canada to 50% cast a heavy shadow over the markets, causing stocks to drop significantly.

Key Market Updates:
– All major stock indexes on Wall Street closed at new lows not seen in five months. The S&P 500 is now down over 10% from its peak and the Nasdaq is down 15%.
– The U.S. dollar fell to a five-month low against other currencies, despite some gains in Treasury yields.
– The euro rose above $1.09, its highest since October, and could climb further.
– Bitcoin hit a four-month low but ended the day up 5%, breaking a five-day losing streak.
– Britain sold inflation-linked bonds at record-high yields, showing rising borrowing costs in parts of the developed world.

While the potential ceasefire is a glimmer of hope for investors, the uncertainty created by the trade tensions and tariffs continues to worry everyone. About $5 trillion has been lost in U.S. stock values since the market peak, and the dollar is slipping, creating higher volatility in markets.

Trump seems determined to push his tariff agenda despite its negative effects on market confidence. This situation complicates things for the Federal Reserve, which may need to think about cutting interest rates due to fears of economic slowdown, even as inflation forecasts rise.

One worrying trend is the rapid decline in open interest in Treasury futures, signaling less investor commitment. Open interest measures how much money is on the line in these contracts, and a sharp drop can lead to problems in market stability.

As major funds adjust their positions, there are concerns about market liquidity and how much buying or selling can affect prices. The downward trend in open interest may be a sign of increased caution among investors.

What to Watch Tomorrow:
– Japan’s wholesale inflation (February)
– India’s CPI inflation (February)
– U.S. 10-year Treasury note auction
– Bank of Canada’s interest rate decision
– U.S. CPI inflation (February)

Oil prices went up a little early on Wednesday. The weaker dollar helped with this, but worries about the U.S. economy slowing down and the effects of tariffs kept the price jumps small. Brent oil was up by 27 cents, reaching $69.83 per barrel, while U.S. West Texas Intermediate crude oil increased by 29 cents to $66.54 per barrel.

Even with worries about the economy, oil prices remained strong, according to Daniel Hynes, a senior expert at ANZ. This shows that people are still wanting a lot of oil for now. A lower dollar value means oil looks cheaper for buyers using other types of money.

However, U.S. stock prices fell again, causing one of the biggest sell-offs in a while. Investors are nervous because of higher tariffs on imports and unhappy consumer feelings. President Trump’s trade policies have made international markets shaky. He has put tariffs on major oil suppliers like Canada and Mexico, and raised duties on China, which led China to respond back.

Over the weekend, Trump said there might be a transition period ahead and didn’t rule out a possible U.S. recession. On the production side, U.S. oil output is expected to reach a record high this year, averaging 13.61 million barrels per day, according to the U.S. Energy Information Administration.

Investors are waiting for updates on inflation in the U.S., which comes out on Wednesday, to see how it may affect interest rates. They are also watching what OPEC+ plans to do next. OPEC+ announced it might increase oil production in April. In the U.S., oil stockpiles went up by 4.2 million barrels in the week ending March 7, according to figures cited by the American Petroleum Institute. More government data on U.S. oil stockpiles is also expected this Wednesday.

U.S. stock markets fell on Tuesday, continuing one of the biggest selloffs in months. Investors were concerned about new tariffs that could hurt the global economy. There was a lot of ups and downs in trading because of mixed news about tariffs, but some hope came when Ukraine and Russia seemed closer to a ceasefire in their conflict.

The S&P 500 index dipped to 5,528.41 points, marking a 10% drop from its all-time high of 6,144.15 points reached on February 19, which is what we call a market correction. President Donald Trump announced he would double tariffs to 50% on all imported steel and aluminum from Canada, making investors even more nervous. People worried that Trump’s trade policies might lead to an economic slowdown or even a recession.

On Monday, the S&P 500 had its biggest drop in a day since December, losing over $1.3 trillion in market value and around $4 trillion since reaching its peak. The tech-heavy Nasdaq also fell into a 10% correction late last week. Over the past two days, the S&P 500 dropped more than 3.4%, the largest drop since early August.

According to Ken Polcari, a market expert, this situation creates worry in the market, leading to quick reactions from investors. There was a bit of recovery when the U.S. decided to continue military aid and support for Ukraine after positive talks with the country about a ceasefire with Russia.

Additionally, the Premier of Ontario announced he would temporarily lift a tax on electricity exports to several U.S. states, which also helped boost sentiment. Chris Fasciano, another market strategist, explained that it’s hard for investors to make big changes unless they see clear ideas about tariffs or government spending.

The Dow Jones Industrial Average dropped 478.23 points, or 1.14%, closing at 41,433.48. The S&P 500 lost 42.49 points, or 0.76%, ending at 5,572.07. The Nasdaq Composite fell by 32.23 points, or 0.18%, to 17,436.10.

The ongoing trade conflicts started by Trump have caused turmoil in global markets, and new data shows the economy might be slowing down. A report on consumer prices is expected on Wednesday to check on inflation. Meanwhile, a report showed more job openings in January.

All major S&P sectors ended lower, with technology and consumer goods experiencing smaller losses. The uncertainty from tariffs has affected consumer confidence, and many companies have warned that earnings may drop. Kohl’s warned of a bigger-than-expected sales drop, causing its stock to plummet by 24.1%. Dick’s Sporting Goods shares fell by 5.7% after it announced weak results, while Delta Air Lines dropped 7.3% after cutting its profit estimates, and American Airlines fell 8.3% due to expected losses.

These declines in airline stocks pushed the Dow transportation index down by 3.1%. Oracle shares also dropped by 3.1% after it missed revenue expectations. Citi, a financial firm, has downgraded its outlook on U.S. stocks to neutral. On the NYSE, more stocks fell than rose by a ratio of 1.6-to-1, and on the Nasdaq, the ratio was 1.1-to-1. The S&P 500 saw four new 52-week highs and 17 new lows, while the Nasdaq recorded 22 new highs and 352 new lows. Total trading volume was 19.01 billion shares, which is higher than the average of 16.56 billion shares in the past 20 trading days