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India's consumer prices likely saw a similar increase in March as in February, with a Reuters poll forecasting a 3.60% rise. Higher gold prices, driven by investors seeking safe haven amid trade concerns, offset stable food prices impacted by uneven rainfall and heat waves. The Reserve Bank of India is expected to cut interest rates to bolster slowing economic growth.
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A tragic incident occurred in Santo Domingo, Dominican Republic. The roof of Jet Set nightclub collapsed during a merengue concert. At least 79 people died and 160 were injured. Rescue crews searched for survivors in the rubble. Politicians and athletes were among those present. Investigations are underway to determine the cause of the collapse. The community is mourning the loss.
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Following Tuesday's market rebound, analysts are offering insights on key stocks. Vedanta shows strength above Rs 370, with potential upside beyond Rs 390. HCL Tech maintains a strong uptrend, favoring a buy-on-dips strategy. Conversely, Delhivery remains bearish, with analysts advising caution until it surpasses Rs 268.
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