The Sensex and Nifty rebounded sharply following Trump s tariff pause, driven by bond market pressure. Experts suggest cautious optimism, citing India s strong macros and relative insulation. While some see a potential rally, others advise sticking to large caps and a piecemeal investment approach due to ongoing global uncertainty. The market s future hinges on policy clarity.

Markets expert Shreyash Devalkar flags global uncertainty, sector rotation, and valuation risks. He urges investors to focus on FY27 earnings, stock selection, and disciplined strategies amid volatile sentiment.

Sandip Sabharwal highlights global volatility, cautious earnings outlook, and India s resilience. He sees opportunities in largecaps, auto, infra, and IT, urging investors to stay focused despite global trade uncertainty.

Abneesh Roy of Nuvama Institutional Equities suggests FMCG companies will face margin pressure in Q4 due to inflationary raw materials like palm oil and copra. Urban slowdown impacts mass consumption, while rural-focused and premium urban segments perform better. Demand and margin improvements are expected from Q2, with Q1 showing slight improvement over Q4.

Banks are set for a muted Q4FY25 due to slower loan growth and NIM pressure. Analysts expect modest earnings, stable asset quality, and elevated credit costs. Private banks may outperform PSU peers. Stock selection should favour strong franchises with liquidity buffers as rate cuts further squeeze margins.

Cryptos fell as US-China trade tensions flared, with Bitcoin down 1.5% and Ethereum slipping 3.8%. A 145% US tariff on Chinese goods spooked investors, boosting gold and Swiss franc. Analysts flagged cautious sentiment despite easing inflation. Bitcoin support lies at $75,000, with $88,000 eyed if macro conditions improve.

Hong Kong and China stocks rebounded on Friday, led by chip shares and potential state buying, despite escalating U.S. trade tensions. The Hang Seng Index and mainland indexes reversed earlier losses, although both markets are still poised for significant weekly declines. Beijing s efforts to stabilize markets included state fund interventions and company share buybacks, boosting investor confidence.

Shein, the fast-fashion giant, has secured initial approval from UK regulators for its London IPO, a significant step after confidential filings last June. However, the China-founded company faces hurdles including potential tariffs and regulatory approvals from China. These challenges, along with market volatility, could delay the IPO, potentially impacting Shein s valuation, which was previously estimated at $66 billion.

More Retail, supported by Amazon, intends to launch its IPO next year. The company aims to double its store numbers within five years. This expansion occurs as more shoppers in India choose supermarkets and online platforms for groceries. More Retail also plans to add 500 stores in collaboration with Amazon Fresh. The company focuses on slotted deliveries for future growth.

In just a week, the dollar has gone from a safe haven to investors whipping boy as U.S. President Donald Trump s chaotic tariffs on friend and foe alike undermine decades of trust in the world s reserve currency.