Trump s tariffs are poised to raise global product prices, affecting inflation worldwide. There is uncertainty regarding the final impact, particularly between U.S. and China. Businesses are confused about supply chain adjustments, as tariffs may disrupt trade terms and increase inflationary pressures.

Alibaba’s Hong Kong shares surged 74% in 2025, driven by AI expansion, strong earnings, and renewed government support. Its QwQ-32B model challenges DeepSeek, fueling China’s tech rally. Despite economic uncertainties, Beijing’s backing and AI investments bolster investor confidence.

Inox Wind share price surged 12.45% following their receipt of a 153 MW order from a prominent renewable energy player for a Tamil Nadu project. The company will supply turbines, limited scope EPC, and long-term O&M services. Inox Wind s expertise continues to attract significant renewable project developers.

Bitcoin fell 4.7% as Trump’s executive order established a Strategic Bitcoin Reserve without new purchases, relying only on confiscated BTC. Investors were disappointed by the lack of fresh demand. The government won’t sell its holdings, impacting long-term supply dynamics.

Hexaware Technologies fell 6.9% after posting muted Q4 sequential growth and flagging macro headwinds. While net profit rose 66.3% YoY, constant currency revenue growth was just 0.2%. The company expects a ramp-up in mid-2025 despite economic uncertainties.

​What we have seen in the past, whenever there is a duty or a safeguard duty which comes in, the very initial uptick in the prices in a certain range of say 1500 to 2500 range and thereafter, even if you see the 2017 era or even after that, whenever there was some or the other announcement, the prices have actually increased in the range of 15% to 20% thereafter.

Gold April futures rose Rs 1,500 this week, while silver May futures fell 0.26%. International markets remained steady ahead of US job data. A weaker dollar supported prices, but rising bond yields limited gains. Analysts predict volatility, with key gold and silver support levels at $2,860 and $32.20 per troy ounce, respectively.

It’s a dramatic turnaround that caught many on Wall Street by surprise. Earlier this year, the Nasdaq had set yet another record, while Chinese stocks remained burdened by years of regulatory crackdowns and a sluggish consumption recovery. Then, seemingly overnight, DeepSeek shattered the belief that it would take years — if it ever did — for China to match America’s AI dominance.

Nuvama initiated coverage on Afcons Infrastructure with a ‘buy’ rating and Rs 535 target, citing strong financials, consistent growth, and a robust order book. The company’s diversified operations, reduced leverage, and expertise in complex projects support long-term revenue visibility.