Hong Kong and Chinese stock markets plunged on Monday due to escalating global trade tensions and recession fears. The Hang Seng index dropped over 10%, with significant declines in banking stocks like HSBC and Standard Chartered. The CSI300 blue-chip index fell over 5%, and the yuan hit its lowest level since January.

Nilesh Shah, MD of Kotak AMC, explains that global uncertainty, including the US tariff war, is causing short-term market volatility. Investors are cautious, and asset classes face synchronized selling. India s market status and its potential benefit from these tariffs depend on how well the country captures emerging opportunities amidst global economic instability.

The company’s Assets Under Management (AUM) rose 26% to around Rs 1,14,680 crore as of March 31, 2025, compared to Rs 91,370 crore a year ago. AUM grew by about Rs 6,365 crore during the quarter, highlighting Bajaj Housing Finance s continued expansion in the housing finance space.

Narendra Solanki discusses the ongoing volatility due to fluctuating tariffs and recommends focusing on domestic-oriented stocks. He highlights investment opportunities in financials, banks like ICICI and SBI, NBFCs, durable goods, hospitals, and defence stocks. Solanki also advises caution regarding the metal sector, emphasizing companies with strong backward integration and low raw material costs.

Retaggio Industries received a subscription of nearly 2 times for its IPO. The demand was mostly driven by retail investors. The company priced its IPO at Rs 25 per share and raised Rs 15 crore.

Taiwan stocks plummeted almost 10% on Monday in their first trading since U.S. President Donald Trump announced new import tariffs last week, with the head of the island s stock exchange saying it would roll out more stabilisation policies if needed.

The Indian rupee will track the dollar and Chinese yuan s reaction to escalating global trade tensions this week, while the domestic central bank s monetary policy decision will influence the direction of the currency and government bonds.

U.S. President Donald Trump said on Sunday foreign governments would have to pay "a lot of money" to lift sweeping tariffs that he characterized as "medicine," prompting further carnage in global financial markets.

Godrej Properties will gain attention after acquiring land in Versova, Mumbai, for a premium residential project with a revenue potential of Rs 1,350 crore. The project benefits from strong connectivity and upcoming infrastructure, making the location attractive for homebuyers.