ICICI Securities Makes Weak Stock Market Debut

Gold Silver Reports (GSR) – ICICI Securities Makes Weak Stock Market Debut – ICICI Securities listed at a discount of 17 percent at Rs 431 per share on the BSE, compared to its issue price of Rs 520. The stock recovered from its discovery price low and was trading at Rs 455, down 12.5 percent from its issue price.

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Tata Motors Rises On Strong March Domestic Sales

Gold Silver Reports (GSR) – Tata Motors Rises On Strong March Domestic Sales — Shares of the Mumbai-based car and commercial vehicle maker rose as much as 4.18 percent, the most in nearly five months, to Rs 357.70 after its domestic sales in March rose 35 percent to 69,440 units compared with 51,309 units sold a year earlier.                                     

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U.S. Tariff List Aims at Technology ; China Vows It Will Respond

Gold Silver Reports (GSR) – U.S. Tariff List Aims at Technology; China Vows It Will Respond — “This level is appropriate both in light of the estimated harm to the U.S. economy, and to obtain elimination of China’s harmful acts, policies, and practices,” the U.S. Trade Representative’s office said in a report on Tuesday. The U.S. is targeting the 1,300 product lines to try to force China to change its intellectual property practices, the office said.

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Stocks in Asia Trade Mixed; Treasuries Steady

Gold Silver Reports (GSR)- Equity benchmarks fluctuated across the region and U.S. equity futures declined. A recovery in U.S. equities from a technology-fueled drubbing on Monday seemed to be largely overshadowed by the Trump administration’s announcement that came after the close of stock trading in New York. Treasuries were steady after sliding Tuesday as risk appetite returned.                                            

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