@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
U.S. Markets Closing Updates | Dow tumbles almost 800 points & enters correction, S&P 500 posts fifth straight losing week
🇺🇸 The Dow Jones Industrial Average tumbled on Friday and fell into correction territory, while Brent topped $110 after incidents in the Strait of Hormuz exacerbated investors’ energy supply concerns & President Donald Trump’s latest comments failed to encourage traders to scoop up shares.
🇺🇸 The 30-stock Dow fell 793.47 points, or 1.73%, to close at 45,166.64. The S&P 500 lost 1.67% and ended the session at a seven-month low of 6,368.85. The Nasdaq Composite dropped 2.15% & settled at 20,948.36.
🇺🇸 The broad market index notched its fifth straight weekly decline, dropping 2.1% in the period. The tech-heavy Nasdaq slid 3.2% week to date, while the blue-chip Dow retreated 0.9% for the week.

🇺🇸 Friday’s slip comes a day after the Nasdaq fell into a correction, now almost 13% below its record set in October. The Dow tumbled into correction territory Friday on an intraday basis & ended the session down 10% from its closing high. The S&P 500 is down 8.7% from its closing record.
🇺🇸 International Brent crude futures rose 4.22% to settle at $112.57 per barrel. U.S. West Texas Intermediate futures settled 5.46% higher to end at $99.64 a barrel. It was the highest close since July 2022 for both benchmarks.
🇺🇸 President Donald Trump extended a deadline to attack Iran’s energy infrastructure to April 6, a little over a week after the original target date that was set for Friday.
🇺🇸 The announcement is the latest signal the Trump administration is seeking an end to the Iran war, a conflict that has resulted in surging oil prices that’s already hurting voters at the pump & could cost Republicans their seats in the midterm elections.
🇺🇸 Uncertainty remains for investors, however, after Iran’s foreign minister reportedly told state media this week that Tehran has no intention of holding talks with the U.S., even if its leaders are reviewing an American proposal to end the war. On top of that, The Wall Street Journal reported, citing people familiar with the matter, that the Pentagon was considering sending another 10,000 troops to the Middle East.
🇺🇸 The Strait of Hormuz is closed, Iran’s Revolutionary Guard has said to the country’s state media, adding that movement through the key waterway will face a harsh response. Two Chinese ships were turned away from crossing the Strait early Friday & a Thai-flagged cargo ship that had been hit in the waterway has run aground, Iran state media said.
🇺🇸 A resolution would be a boon for the stock market, which has tumbled since the U.S. & Israel attacked Iran’s energy infrastructure on Feb. 28. The three major averages have each fallen more than 7% month to date.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Indian Indices Closing Updates | Market snaps 2-day gains; Nifty below 22,850, Sensex crashes 1,600 points
▪️Indian Equity indices snapped their two-day gaining streak on March 27, ending lower with the Nifty slipping below 22,850.
▪️At close, Sensex was down 1,690.23 points or 2.25% at 73,583.22 & Nifty was down 486.85 points or 2.09% at 22,819.60.
▪️All sectoral indices closed in the red, led by sharp losses in PSU Banks & Realty, which declined around 3% each.
▪️Media, Auto, Consumer Durables, Capital Goods & Private Banks also saw significant selling pressure, falling 2% each.
▪️Broader markets mirrored the weakness, with the Nifty Midcap index dropping 2% & Smallcap index declining 1.7%.
▪️Among Nifty constituents, top losers included Shriram Finance, Tata Motors Passenger Vehicles, InterGlobe Aviation, Reliance Industries, and Bajaj Finance, while ONGC, TCS, Wipro, Bharti Airtel, & Coal India were among the few gainers.

@t.me/MonePlan : Stock Markets & Investment Updates with MonePlan :
Invest Today for a Secure Tomorrow
O͟u͟r͟ S͟e͟r͟v͟i͟c͟e͟s͟ :
◖DEMAT A/c - Partner with IIFL Securities, Nuvama, Wealthy etc.
◖Personal Financial Review & Planning - Mutual Fund -SIP's /LumpSum/STP's/SWP's
◖Retirement Planning - ICICI Freedom SIP's & ULIP Plans
◖Tax Planning - ELSS/NPS
◖Insurance - Life (Term & Endowment) /Medical (Health) /General (Vehicle Insurance) etc
◖Wealth Management - Equities/PMS & AIF's/Small Cases, Bonds (Govt & Corporate Bonds)/ Corporate Fixed Deposits.


Contact on Whatsapp 7506265365
https://wa.me/message/YKAXPIPMHXBOA1
𝗣𝗹𝗮𝗻-𝗜𝗻𝘃𝗲𝘀𝘁-𝗚𝗿𝗼𝘄 with MonePlan Investory

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Stocks To Watch in Trade Today | Keep an eye on these stocks as they set the market abuzz.📊

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Financials.
👉🏿 Jefferies on Financials | RBI caps banks’ onshore forex exposure at $100 m vs earlier 25% of capital limit, move driven by sharp Rupee depreciation & wider offshore-onshore forex gap. Cap may support Rupee stability but forced unwinding by April 10 risks Q4 MTM losses

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | OMC's
👉🏿GoldmanSachs on OMC's | ₹ 10 per/litre duty cut offers limited relief, breakeven at $78/bbl vs current $122/bbl. EBITDA losses remain elevated, HPCL gets partial support from export tax

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | Apollo Hospitals Ltd.
👉🏿 Citi maintains Buy on Apollo Hospitals with target price of ₹. 9,600.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | AXIS Bank Ltd.
👉🏿 Citi maintains a Buy rating on Axis Bank with a target price of ₹ 1,463, indicating an upside of 19.8%.

@t.me/MonePlan : Morning Stock Markets & Investment Updates with MonePlan :
Brokerages Views on Various Sectors & Stocks | ICICI Bank Ltd.
👉🏿 Citi maintains a Buy rating on ICICI Bank with a target price of ₹ 1,720, implying an upside of 36.7%.