Hyundai Motor India Ltd Share Price – NSE /  BSE

Automobile, Mid Cap

Hyundai Motor India (NSE: HYUNDAI, BSE: 544274), today announced share inclusion in the NIFTY Next 50, NIFTY 100, NIFTY 500, S&P BSE 500 and other key capital market indices. HMIL commenced trading on the Indian stock markets since its listing on 22 October 2024.

Commenting on this accomplishment, Unsoo Kim, Managing Director - HMIL said, ?As a listed entity, we are elated to cross yet another important milestone. By becoming a part of prestigious Indian capital market indices such as the NIFTY Next 50 and S&P BSE 500, we have fortified HMIL's standing in the Indian stock exchanges, reinforcing its market presence and credibility. As India grows, HMIL will continue to grow intrinsically with it, along with a constant focus on driving innovation, improving operational efficiencies, and making strategic investments that will strengthen our business outlook and contribute to the growth of the Indian economy.?

National Stock Exchange of India (NSE) has included Hyundai Motor India in its coveted NIFTY Next 50 index, Broad Market Indices & Thematic Indices. In the recent Morgan Stanley Capital International (MSCI) rejig which took place on 28 February 2025, HMIL was the only large cap from India to be included to the MSCI Global Standard Index. 

HMIL is also included in several indices of the Bombay Stock Exchange (BSE) as under:

Effective 28 March 2025 on NSE, NIFTY Next 50, NIFTY 100, NIFTY 200, NIFTY 500, NIFTY Large Midcap 250, NIFTY Total Market (broad based indices); and NIFTY EV & New Age Automotive, NIFTY India Manufacturing, NIFTY India New Age Consumption, NIFTY MNC, NIFTY Rural, NIFTY Transportation & Logistics (thematic indices).

Effective 24 March 2025 on BSE, BSE 500, BSE All Cap, BSE Large Cap, BSE Large Midcap (broad based indices); BSE Consumer Discretionary (sector and industry index); and BSE Quality Index, BSE Select IPO (strategy indices).

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The company stated that the price hike is due to rising input costs, increased commodity prices and higher operational expenses, among other factors. The quantum of price increase will vary based on the variants and models.

Tarun Garg, whole-time director and chief operating officer, HMIL, said, ?At Hyundai Motor India, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025. We remain committed to making consistent internal efforts to minimize any future impact on our valued customers.?

The official announcement was made on 19 March 2025, after market hours.

Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured.

The company had reported an 18.6% fall in net profit to Rs 1,160.73 crore on a 1.3% decline in revenue to Rs 16,647.99 crore in Q3 FY25 as compared with Q3 FY24.

The scrip rose 0.37% to currently trade at Rs 1,621.20 on the BSE.

Powered by Capital Market - Live News

The key equity benchmarks traded with major gains in early trade, mirroring the positive sentiment across global markets. The Nifty traded above 23,000 level and Sensex scaled above 75,900 mark.

At 09:26 IST, the barometer index, the S&P BSE Sensex, advanced 465.84 points or 0.61% to 75,912.04. The Nifty 50 index jumped 135.65 points or 0.59% to 23,043.25.

In the broader market, the S&P BSE Mid-Cap index rose 0.66% and the S&P BSE Small-Cap index added 1.25%.

The market breadth was strong. On the BSE, 2,555 shares rose and 436 shares fell. A total of 115 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,096.50 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,140.76 crore in the Indian equity market on 19 March 2025, provisional data showed.

Stocks in Spotlight:

Hyundai Motor India rose 1.89% after the company announced a price increase of up to 3% for its vehicles, effective April 2025, driven by rising input costs, higher commodity prices and increased operational expenses.

Indian Overseas Bank (IOB) advanced 1.60% after the company?s board approved the issuance of long-term infrastructure bonds amounting to Rs 10,000 crore.

NHPC gained 1.16% after the company?s board approved a borrowing plan to raise upto Rs 6,300 crore in FY26 through non convertible corporate bonds in one or more series or tranches on a private placement basis.

Numbers to Track:

The yield on India's 10-year benchmark federal paper advanced 1.48% to 6.769 as compared with the previous close of 6.769.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.3575, compared with its close of 86.3700 during the previous trading session.

MCX Gold futures for the 4 April 2025 settlement rose 0.37% to Rs 88,897.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 103.40.

The United States 10-year bond yield shed 0.45% to 4.235.

In the commodities market, Brent crude for May 2025 settlement advanced 39 cents or 0.55% to $71.17 a barrel.

Global Markets:

US Dow Jones index futures was up 134 points, indicating a positive opening in US stocks today.

Most Asian stocks advanced on Thursday following a rally on Wall Street after the Federal Reserve signaled it still sees room to cut interest rates later this year because any increase in inflation due to tariffs will be brief.

The People?s Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. Federal Reserve?s move to hold benchmark interest rates.

On Wednesday, the Fed maintained its benchmark overnight interest rate in the 4.25%-4.50% range and signaled that two quarter-point rate cuts are likely later this year, consistent with its forecast from three months ago. This came even as the central bank Fed cut its US economic growth forecasts and raised projections for price growth. The Fed flagged growing uncertainty over the impact of Trump?s policies on the economy.

As per the the Fed?s quarterly economic projections, real GDP growth is expected to slow to 1.7% by the end of 2025, down from the 2.1% forecast in December. The unemployment rate is projected to rise slightly to 4.4%, compared to the previous estimate of 4.3%. Core inflation is now expected to end the year at 2.8%, up from the prior forecast of 2.5%.

Trump kept up his threats of reciprocal tariffs coming in April 2- a move that is likely to draw more retaliation from major global economies and spark a renewed trade war.

US stocks rallied following the decision amid encouragement that further cuts could be ahead. The Dow jumped 0.92% and the S&P 500 surged just over 1.08%. The Nasdaq Composite gained 1.41%.

Tesla stock rose over 4% after advancing its robotaxi plans in California, and Boeing Co. jumped 7% on positive operational performance updates from its CFO.

Investors will monitor weekly jobless claims data on Thursday, as well as the Philadelphia Fed?s manufacturing survey and a report on existing home sales.

On the quarterly earnings front, Darden Restaurants, Nike, FedEx and Micron Technology are set to report Thursday.

SoftBank announced on Wednesday its plan to acquire chip designer Ampere Computing for $6.5 billion, with the transaction expected to close in the second half of the year

Powered by Capital Market - Live News

The company stated that the price hike is due to rising input costs, increased commodity prices and higher operational expenses, among other factors. The quantum of price increase will vary based on the variants and models.

Tarun Garg, whole-time director and chief operating officer, HMIL, said, ?At Hyundai Motor India, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025. We remain committed to making consistent internal efforts to minimize any future impact on our valued customers.?

The official announcement was made on 19 March 2025, after market hours.

Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured.

The company had reported an 18.6% fall in net profit to Rs 1,160.73 crore on a 1.3% decline in revenue to Rs 16,647.99 crore in Q3 FY25 as compared with Q3 FY24.

The scrip rose 0.37% to currently trade at Rs 1,621.20 on the BSE.

Powered by Capital Market - Live News

The key equity benchmarks traded with major gains in early trade, mirroring the positive sentiment across global markets. The Nifty traded above 23,000 level and Sensex scaled above 75,900 mark.

At 09:26 IST, the barometer index, the S&P BSE Sensex, advanced 465.84 points or 0.61% to 75,912.04. The Nifty 50 index jumped 135.65 points or 0.59% to 23,043.25.

In the broader market, the S&P BSE Mid-Cap index rose 0.66% and the S&P BSE Small-Cap index added 1.25%.

The market breadth was strong. On the BSE, 2,555 shares rose and 436 shares fell. A total of 115 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,096.50 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,140.76 crore in the Indian equity market on 19 March 2025, provisional data showed.

Stocks in Spotlight:

Hyundai Motor India rose 1.89% after the company announced a price increase of up to 3% for its vehicles, effective April 2025, driven by rising input costs, higher commodity prices and increased operational expenses.

Indian Overseas Bank (IOB) advanced 1.60% after the company?s board approved the issuance of long-term infrastructure bonds amounting to Rs 10,000 crore.

NHPC gained 1.16% after the company?s board approved a borrowing plan to raise upto Rs 6,300 crore in FY26 through non convertible corporate bonds in one or more series or tranches on a private placement basis.

Numbers to Track:

The yield on India's 10-year benchmark federal paper advanced 1.48% to 6.769 as compared with the previous close of 6.769.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.3575, compared with its close of 86.3700 during the previous trading session.

MCX Gold futures for the 4 April 2025 settlement rose 0.37% to Rs 88,897.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 103.40.

The United States 10-year bond yield shed 0.45% to 4.235.

In the commodities market, Brent crude for May 2025 settlement advanced 39 cents or 0.55% to $71.17 a barrel.

Global Markets:

US Dow Jones index futures was up 134 points, indicating a positive opening in US stocks today.

Most Asian stocks advanced on Thursday following a rally on Wall Street after the Federal Reserve signaled it still sees room to cut interest rates later this year because any increase in inflation due to tariffs will be brief.

The People?s Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. Federal Reserve?s move to hold benchmark interest rates.

On Wednesday, the Fed maintained its benchmark overnight interest rate in the 4.25%-4.50% range and signaled that two quarter-point rate cuts are likely later this year, consistent with its forecast from three months ago. This came even as the central bank Fed cut its US economic growth forecasts and raised projections for price growth. The Fed flagged growing uncertainty over the impact of Trump?s policies on the economy.

As per the the Fed?s quarterly economic projections, real GDP growth is expected to slow to 1.7% by the end of 2025, down from the 2.1% forecast in December. The unemployment rate is projected to rise slightly to 4.4%, compared to the previous estimate of 4.3%. Core inflation is now expected to end the year at 2.8%, up from the prior forecast of 2.5%.

Trump kept up his threats of reciprocal tariffs coming in April 2- a move that is likely to draw more retaliation from major global economies and spark a renewed trade war.

US stocks rallied following the decision amid encouragement that further cuts could be ahead. The Dow jumped 0.92% and the S&P 500 surged just over 1.08%. The Nasdaq Composite gained 1.41%.

Tesla stock rose over 4% after advancing its robotaxi plans in California, and Boeing Co. jumped 7% on positive operational performance updates from its CFO.

Investors will monitor weekly jobless claims data on Thursday, as well as the Philadelphia Fed?s manufacturing survey and a report on existing home sales.

On the quarterly earnings front, Darden Restaurants, Nike, FedEx and Micron Technology are set to report Thursday.

SoftBank announced on Wednesday its plan to acquire chip designer Ampere Computing for $6.5 billion, with the transaction expected to close in the second half of the year

Powered by Capital Market - Live News

Securities in F&O Ban:

Hindustan Copper, IndusInd Bank, SAIL shares are banned from F&O trading on Thursday, 20 March 2025.

Stocks to Watch:

Hyundai Motor India announced a price increase of up to 3% for its vehicles, effective April 2025, driven by rising input costs, higher commodity prices and increased operational expenses.

Indian Overseas Bank (IOB)?s board approved the issuance of long-term infrastructure bonds amounting to Rs 10,000 crore.

NHPC?s board approved a borrowing plan to raise upto Rs 6,300 crore in FY26 through non convertible corporate bonds in one or more series or tranches on a private placement basis.

Dishman Carbogen Amcis? wholly owned subsidiary, Carbogen Amcis SAS, France, has received a Certificate of GMP (Good Manufacturing Practice) Compliance for its Saint-Beauzire site, France, from the National Agency for the Safety of Medicine and Health Products (ANSM).

Can Fin Homes? chief financial officer (CFO), Apurav Agarwal, has been relieved from the services effective March 19, following his resignation due to personal reasons. Prashanth Joishy joined as the interim chief financial officer of the company, effective March 20. Prashanth Joishy will hold the office until a regular CFO is onboarded.

Powered by Capital Market - Live News

Hyundai Motor India (NSE: HYUNDAI, BSE: 544274), today announced share inclusion in the NIFTY Next 50, NIFTY 100, NIFTY 500, S&P BSE 500 and other key capital market indices. HMIL commenced trading on the Indian stock markets since its listing on 22 October 2024.

Commenting on this accomplishment, Unsoo Kim, Managing Director - HMIL said, ?As a listed entity, we are elated to cross yet another important milestone. By becoming a part of prestigious Indian capital market indices such as the NIFTY Next 50 and S&P BSE 500, we have fortified HMIL's standing in the Indian stock exchanges, reinforcing its market presence and credibility. As India grows, HMIL will continue to grow intrinsically with it, along with a constant focus on driving innovation, improving operational efficiencies, and making strategic investments that will strengthen our business outlook and contribute to the growth of the Indian economy.?

National Stock Exchange of India (NSE) has included Hyundai Motor India in its coveted NIFTY Next 50 index, Broad Market Indices & Thematic Indices. In the recent Morgan Stanley Capital International (MSCI) rejig which took place on 28 February 2025, HMIL was the only large cap from India to be included to the MSCI Global Standard Index. 

HMIL is also included in several indices of the Bombay Stock Exchange (BSE) as under:

Effective 28 March 2025 on NSE, NIFTY Next 50, NIFTY 100, NIFTY 200, NIFTY 500, NIFTY Large Midcap 250, NIFTY Total Market (broad based indices); and NIFTY EV & New Age Automotive, NIFTY India Manufacturing, NIFTY India New Age Consumption, NIFTY MNC, NIFTY Rural, NIFTY Transportation & Logistics (thematic indices).

Effective 24 March 2025 on BSE, BSE 500, BSE All Cap, BSE Large Cap, BSE Large Midcap (broad based indices); BSE Consumer Discretionary (sector and industry index); and BSE Quality Index, BSE Select IPO (strategy indices).

Powered by Capital Market - Live News

The company stated that the price hike is due to rising input costs, increased commodity prices and higher operational expenses, among other factors. The quantum of price increase will vary based on the variants and models.

Tarun Garg, whole-time director and chief operating officer, HMIL, said, ?At Hyundai Motor India, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025. We remain committed to making consistent internal efforts to minimize any future impact on our valued customers.?

The official announcement was made on 19 March 2025, after market hours.

Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured.

The company had reported an 18.6% fall in net profit to Rs 1,160.73 crore on a 1.3% decline in revenue to Rs 16,647.99 crore in Q3 FY25 as compared with Q3 FY24.

The scrip rose 0.37% to currently trade at Rs 1,621.20 on the BSE.

Powered by Capital Market - Live News

The key equity benchmarks traded with major gains in early trade, mirroring the positive sentiment across global markets. The Nifty traded above 23,000 level and Sensex scaled above 75,900 mark.

At 09:26 IST, the barometer index, the S&P BSE Sensex, advanced 465.84 points or 0.61% to 75,912.04. The Nifty 50 index jumped 135.65 points or 0.59% to 23,043.25.

In the broader market, the S&P BSE Mid-Cap index rose 0.66% and the S&P BSE Small-Cap index added 1.25%.

The market breadth was strong. On the BSE, 2,555 shares rose and 436 shares fell. A total of 115 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,096.50 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,140.76 crore in the Indian equity market on 19 March 2025, provisional data showed.

Stocks in Spotlight:

Hyundai Motor India rose 1.89% after the company announced a price increase of up to 3% for its vehicles, effective April 2025, driven by rising input costs, higher commodity prices and increased operational expenses.

Indian Overseas Bank (IOB) advanced 1.60% after the company?s board approved the issuance of long-term infrastructure bonds amounting to Rs 10,000 crore.

NHPC gained 1.16% after the company?s board approved a borrowing plan to raise upto Rs 6,300 crore in FY26 through non convertible corporate bonds in one or more series or tranches on a private placement basis.

Numbers to Track:

The yield on India's 10-year benchmark federal paper advanced 1.48% to 6.769 as compared with the previous close of 6.769.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.3575, compared with its close of 86.3700 during the previous trading session.

MCX Gold futures for the 4 April 2025 settlement rose 0.37% to Rs 88,897.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 103.40.

The United States 10-year bond yield shed 0.45% to 4.235.

In the commodities market, Brent crude for May 2025 settlement advanced 39 cents or 0.55% to $71.17 a barrel.

Global Markets:

US Dow Jones index futures was up 134 points, indicating a positive opening in US stocks today.

Most Asian stocks advanced on Thursday following a rally on Wall Street after the Federal Reserve signaled it still sees room to cut interest rates later this year because any increase in inflation due to tariffs will be brief.

The People?s Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. Federal Reserve?s move to hold benchmark interest rates.

On Wednesday, the Fed maintained its benchmark overnight interest rate in the 4.25%-4.50% range and signaled that two quarter-point rate cuts are likely later this year, consistent with its forecast from three months ago. This came even as the central bank Fed cut its US economic growth forecasts and raised projections for price growth. The Fed flagged growing uncertainty over the impact of Trump?s policies on the economy.

As per the the Fed?s quarterly economic projections, real GDP growth is expected to slow to 1.7% by the end of 2025, down from the 2.1% forecast in December. The unemployment rate is projected to rise slightly to 4.4%, compared to the previous estimate of 4.3%. Core inflation is now expected to end the year at 2.8%, up from the prior forecast of 2.5%.

Trump kept up his threats of reciprocal tariffs coming in April 2- a move that is likely to draw more retaliation from major global economies and spark a renewed trade war.

US stocks rallied following the decision amid encouragement that further cuts could be ahead. The Dow jumped 0.92% and the S&P 500 surged just over 1.08%. The Nasdaq Composite gained 1.41%.

Tesla stock rose over 4% after advancing its robotaxi plans in California, and Boeing Co. jumped 7% on positive operational performance updates from its CFO.

Investors will monitor weekly jobless claims data on Thursday, as well as the Philadelphia Fed?s manufacturing survey and a report on existing home sales.

On the quarterly earnings front, Darden Restaurants, Nike, FedEx and Micron Technology are set to report Thursday.

SoftBank announced on Wednesday its plan to acquire chip designer Ampere Computing for $6.5 billion, with the transaction expected to close in the second half of the year

Powered by Capital Market - Live News

The company stated that the price hike is due to rising input costs, increased commodity prices and higher operational expenses, among other factors. The quantum of price increase will vary based on the variants and models.

Tarun Garg, whole-time director and chief operating officer, HMIL, said, ?At Hyundai Motor India, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025. We remain committed to making consistent internal efforts to minimize any future impact on our valued customers.?

The official announcement was made on 19 March 2025, after market hours.

Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured.

The company had reported an 18.6% fall in net profit to Rs 1,160.73 crore on a 1.3% decline in revenue to Rs 16,647.99 crore in Q3 FY25 as compared with Q3 FY24.

The scrip rose 0.37% to currently trade at Rs 1,621.20 on the BSE.

Powered by Capital Market - Live News

The key equity benchmarks traded with major gains in early trade, mirroring the positive sentiment across global markets. The Nifty traded above 23,000 level and Sensex scaled above 75,900 mark.

At 09:26 IST, the barometer index, the S&P BSE Sensex, advanced 465.84 points or 0.61% to 75,912.04. The Nifty 50 index jumped 135.65 points or 0.59% to 23,043.25.

In the broader market, the S&P BSE Mid-Cap index rose 0.66% and the S&P BSE Small-Cap index added 1.25%.

The market breadth was strong. On the BSE, 2,555 shares rose and 436 shares fell. A total of 115 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,096.50 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,140.76 crore in the Indian equity market on 19 March 2025, provisional data showed.

Stocks in Spotlight:

Hyundai Motor India rose 1.89% after the company announced a price increase of up to 3% for its vehicles, effective April 2025, driven by rising input costs, higher commodity prices and increased operational expenses.

Indian Overseas Bank (IOB) advanced 1.60% after the company?s board approved the issuance of long-term infrastructure bonds amounting to Rs 10,000 crore.

NHPC gained 1.16% after the company?s board approved a borrowing plan to raise upto Rs 6,300 crore in FY26 through non convertible corporate bonds in one or more series or tranches on a private placement basis.

Numbers to Track:

The yield on India's 10-year benchmark federal paper advanced 1.48% to 6.769 as compared with the previous close of 6.769.

In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 86.3575, compared with its close of 86.3700 during the previous trading session.

MCX Gold futures for the 4 April 2025 settlement rose 0.37% to Rs 88,897.

The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.07% to 103.40.

The United States 10-year bond yield shed 0.45% to 4.235.

In the commodities market, Brent crude for May 2025 settlement advanced 39 cents or 0.55% to $71.17 a barrel.

Global Markets:

US Dow Jones index futures was up 134 points, indicating a positive opening in US stocks today.

Most Asian stocks advanced on Thursday following a rally on Wall Street after the Federal Reserve signaled it still sees room to cut interest rates later this year because any increase in inflation due to tariffs will be brief.

The People?s Bank of China kept the 1-year loan prime rate at 3.1% and the 5-year LPR at 3.6%, where they have been since a quarter-percentage-point cut in October. The rate decision follows the U.S. Federal Reserve?s move to hold benchmark interest rates.

On Wednesday, the Fed maintained its benchmark overnight interest rate in the 4.25%-4.50% range and signaled that two quarter-point rate cuts are likely later this year, consistent with its forecast from three months ago. This came even as the central bank Fed cut its US economic growth forecasts and raised projections for price growth. The Fed flagged growing uncertainty over the impact of Trump?s policies on the economy.

As per the the Fed?s quarterly economic projections, real GDP growth is expected to slow to 1.7% by the end of 2025, down from the 2.1% forecast in December. The unemployment rate is projected to rise slightly to 4.4%, compared to the previous estimate of 4.3%. Core inflation is now expected to end the year at 2.8%, up from the prior forecast of 2.5%.

Trump kept up his threats of reciprocal tariffs coming in April 2- a move that is likely to draw more retaliation from major global economies and spark a renewed trade war.

US stocks rallied following the decision amid encouragement that further cuts could be ahead. The Dow jumped 0.92% and the S&P 500 surged just over 1.08%. The Nasdaq Composite gained 1.41%.

Tesla stock rose over 4% after advancing its robotaxi plans in California, and Boeing Co. jumped 7% on positive operational performance updates from its CFO.

Investors will monitor weekly jobless claims data on Thursday, as well as the Philadelphia Fed?s manufacturing survey and a report on existing home sales.

On the quarterly earnings front, Darden Restaurants, Nike, FedEx and Micron Technology are set to report Thursday.

SoftBank announced on Wednesday its plan to acquire chip designer Ampere Computing for $6.5 billion, with the transaction expected to close in the second half of the year

Powered by Capital Market - Live News

Securities in F&O Ban:

Hindustan Copper, IndusInd Bank, SAIL shares are banned from F&O trading on Thursday, 20 March 2025.

Stocks to Watch:

Hyundai Motor India announced a price increase of up to 3% for its vehicles, effective April 2025, driven by rising input costs, higher commodity prices and increased operational expenses.

Indian Overseas Bank (IOB)?s board approved the issuance of long-term infrastructure bonds amounting to Rs 10,000 crore.

NHPC?s board approved a borrowing plan to raise upto Rs 6,300 crore in FY26 through non convertible corporate bonds in one or more series or tranches on a private placement basis.

Dishman Carbogen Amcis? wholly owned subsidiary, Carbogen Amcis SAS, France, has received a Certificate of GMP (Good Manufacturing Practice) Compliance for its Saint-Beauzire site, France, from the National Agency for the Safety of Medicine and Health Products (ANSM).

Can Fin Homes? chief financial officer (CFO), Apurav Agarwal, has been relieved from the services effective March 19, following his resignation due to personal reasons. Prashanth Joishy joined as the interim chief financial officer of the company, effective March 20. Prashanth Joishy will hold the office until a regular CFO is onboarded.

Powered by Capital Market - Live News