Asian markets are trading mixed as former U.S. President Donald Trump appeared to soften his trade stance against China. Nikkei and Shanghai are trading positive by 0.94% and 0.49%, respectively, while Hang Seng is trading marginally lower by 0.22%.

Asian Markets are mostly trading in the green in hopes of de-escalation in U.S.-China tensions. Nikkei and Hang Seng are trading positively at 1.59% and 1.67% respectively, whereas Shanghai is trading negatively at 0.11%.

As per our import parity prices calculation, FTA countries can supply material if domestic prices improve beyond Rs53,000/t, limiting price rise. The worsening of US-China trade relations has increased the risk of global demand and economic slowdown over the past month. Metal prices, a proxy for global economic activity, have been under pressure over the last few weeks, in addition to commodity-specific demand-supply issues. China being a major consumer of commodities, further weakness in the economy (which has already been soft over the last few years) can add to the ongoing...

Asian Markets are mostly trading in negative territory, tracking Wall Street's sell-off after U.S. President Donald Trump doubled down on his pressure campaign on Federal Reserve Chairman Jerome Powell. Shanghai is up by 0.17%, whereas Nikkei and Hang Seng are down by 0.11% and 0.52%, respectively..

farmer income and demand for crop inputs going ahead global chemical production. Production in the EU was largely stagnant. Demand continues to remain weak in other key markets, leading to pressure on realizations, especially for agrochemicals. Recent commentaries and outlook of global chemical giants suggest that that recovery is not expected in CY25. We continue to maintain our cautious stance on the sector considering muted demand recovery and pricing pressure, especially for agrochemicals. Out of our coverage universe, we remain positive on Fine Organics, Navin Fluorine and...

LPG distributors are demanding a sharp increase in commission to Rs150/cyl, nearly double the current Rs73.08/cyl. With OMCs already estimated to face under-recoveries of ~Rs400bn in FY25 due to constrained pricing flexibility, any further increase in distributor marginsif not passed throughcould worsen the financial stress. Given the stretched valuations that the companies are trading at currently and expectations of a bounce back in crude prices to USD70-80/bbl in the near term amid inability to pass on increase in fuel cost to customers, we maintain our cautious view on OMCs. We downgrade rating on...

Black & Wite

In a boost for the sector, RBI eases LCR norms To improve system liquidity and consequently spur credit growth, RBI has changed its stance to accommodative since Dec'24 as effected by (1) CRR cut of 50bps in Dec'24 (2) repo rate cut of 50bps till date (2) OMOs purchase of G-Sec by RBI to improve liquidity (3) postponing the applicability of new LCR guidelines by a year to 1st Apr'26. In this backdrop of its accommodative stance, RBI has relaxed some requirements of the new LCR framework....

Asian markets are trading mixed as China held its benchmark lending rates steady. Shanghai is trading higher by 0.53%, while Nikkei is down by 1.01%. The Hong Kong market remains closed due to the Eastern Holiday.

This week, only one IPO is lined up in the SME segment, with no listings scheduled and no debuts seen last week.