Oil prices have risen slightly due to concerns over tighter global supply amid U.S. threats of tariffs on Venezuelan oil buyers. Additionally, the announcement of a new 25% tariff on imported cars could impact oil demand. Analysts suggest the tariffs might slow the transition to more fuel-efficient vehicles.

President Donald Trump announced a 25% tariff on imported cars and light trucks, effective next week. This move is expected to increase car prices and reduce production. Critics, including the European Commission and Canada, condemn the tariffs, while the United Auto Workers support them. Tariff exemptions apply temporarily to USMCA-compliant automotive parts.

Goldman Sachs has raised its end-2025 gold price forecast to $3,300 per ounce due to stronger ETF inflows and increased central bank demand. This adjustment is influenced by heightened U.S. policy uncertainty and expectations of continued gold buying by China.

Wall Street sees red as tariff concerns resurface, with the Nasdaq dropping 2% and tech stocks suffering significant losses. U.S. President Trump signals new auto tariffs, raising fears of higher inflation and slower growth. At the same time, UK s economic forecast weakens, with higher borrowing needs and inflation risks creating a challenging outlook for sterling and UK bonds.

Japan s Nikkei share average fell, impacted by President Trump s auto tariff announcement. Automakers Toyota, Honda, Nissan, and Subaru experienced losses. The tariffs include a 25% tax on imported cars starting next week, intensifying the global trade war. The broader Topix index also slipped. The auto industry faces increased prices and production challenges.

Stock markets ended a seven-day winning streak as Sensex dropped 728 points due to profit-taking in banking and IT shares. Amara Raja, Vodafone Idea, and Siemens were among the stocks that saw a decline. Analysts suggest watching for breakouts and trend confirmations before making new investments. Siemens remains bullish with potential buying opportunities on dips.

Grand Continent Hotels is set to debut on the NSE SME platform, offering 66 lakh fresh equity shares. The IPO will fund debt repayment and hotel expansion in India. With 16 operational hotels and an occupancy rate of 67.69%, the company follows an asset-light business model, primarily leasing properties in key Indian states.

Retaggio Industries Rs 16 crore SME IPO will be available for subscription from March 27 to April 2 with shares priced at Rs 25 each. The IPO proceeds will be allocated for debt repayment and working capital needs, with shares expected to be listed on April 7.

Bharat Forge shares might gain attention due to its recent Rs 6,900 crore contract with the Ministry of Defence for procuring artillery gun systems and vehicles. Currently, stocks are trading below their 200-day SMA but above their 50-day SMA, having shown significant gains over the past month.