Japan s Nikkei index rebounded sharply, closing 6% higher after hitting a 1.5-year low, fueled by Wall Street s recovery signals and investor bargain hunting. The surge, the largest since August, saw broad gains across all sectors, particularly in technology and banking. While Prime Minister Ishiba voiced concerns over U.S.

Goldman Sachs has warned that Brent crude could drop below $40 a barrel by late 2026 under extreme scenarios involving a global GDP slowdown and a full unwinding of OPEC+ cuts. While this isn t the bank’s base-case view—Brent is projected at $55 next December—it highlights downside risks amid trade war tensions and rising global supply.

Delhivery shares fell 8% after announcing a Rs 1,407 crore all-cash acquisition of rival Ecom Express—one of India’s biggest logistics consolidation deals. The steep drop in Ecom’s valuation signals sector-wide strain. While analysts see long-term strategic benefits and market dominance ahead, near-term earnings impact remains limited. Brokerages Emkay and JM Financial maintain a ‘Buy’ with upbeat targets.

Dalio stated that the economic system is under pressure due to mounting debt, increasing inequality, and diminishing trust between nations, especially between debtor countries like the U.S. and creditor nations like China.

Morgan Stanley s Upasana Chachra anticipates a likely 25 bps rate cut by the RBI, followed by another in June, contingent on growth trajectory. Escalating global risks, particularly US tariffs, pose downside risks to India s GDP, potentially impacting business confidence and investment. While direct trade exposure appears limited, indirect effects via global slowdown are concerning.

Wall Street veteran Jim Cramer warned that the U.S. may be heading into a recession due to President Trump’s escalating tariff war with China. While stressing that systemic collapse isn’t imminent, Cramer urged caution and called for a shift toward negotiation. Despite a market rebound, analysts expect continued volatility unless the U.S. signals a softer trade stance.

Gaurav Dua of Mirae Asset Sharekhan suggests that valuations are now reasonable for long-term investors to consider good stocks, particularly in the large-cap space. He recommends focusing on domestic-driven sectors like private banks, NBFCs, and select infrastructure companies amidst global slowdown concerns. Earnings growth expectations should be tempered for the next two years.

Ace investor Rekha Jhunjhunwala re-entered Canara Bank with a 1.46% stake in Q4 FY25 after exiting earlier. The stock has recently rebounded but remains down 27% YoY. She also trimmed her Baazar Style Retail holdings.

In recent weeks, over a dozen foreign investors have received notices from India s income tax department for allegedly skipping taxes on substantial transactions from 2018 to 2021. These notices point to deals where stocks in Indian companies were bought indirectly through Mauritius, Singapore, and Luxembourg entities to exploit tax treaty benefits.