Trump's signature on dollar bills to mark 250th year of US Independence

by Hansraj Agrawal | Mar 27, 2026 | Share Market

US President Donald Trump’s signature is set to feature on US paper currency soon, a first for a sitting president since the introduction of dollar bills in 1861.

The decision, taken by the US Treasury, coincides with the 250th anniversary celebrations of American Independence this year.

“In celebration of America’s 250th anniversary, President Donald J Trump’s signature alongside (Treasury) Secretary Scott Bessent’s will soon appear on US currency, marking a first in history, and symbolizes @POTUS’ leadership and dedication to our great nation will carry a lasting impact,” US Treasurer Brandon Beach said in a post on X.

Earlier this month, a federal arts commission approved the final design for a 24-karat gold commemorative coin bearing Trump’s image to help celebrate the 250th anniversary of American Independence.

“Under President Trump’s leadership, we are on a path toward unprecedented economic growth, lasting dollar dominance, and fiscal strength and stability,” Bessent said in a statement.

“There is no more powerful way to recognise the historic achievements of our great country and President Donald J Trump than US dollar bills bearing his name, and it is only appropriate that this historic currency be issued at the semiquincentennial,” he said.

Beach said the president’s mark on history as the architect of America’s Golden Age economic revival is undeniable, adding that printing his signature on the American currency is not only appropriate, but also well deserved.

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Granules, Aurobindo Pharma among top stocks to buy today; check targets

by Hansraj Agrawal | Mar 27, 2026 | Share Market

2 min read Last Updated : Mar 27 2026 | 6:28 AM IST

Top stocks to buy today

Granules India

Granules India is showing a positive technical structure with price sustaining above key moving averages, indicating strengthening bullish momentum. The stock has formed a higher high–higher low structure, supported by a rising trendline, which suggests continuation of the uptrend. Recent consolidation near resistance indicates accumulation rather than distribution. The 50 EMA and 100 EMA are acting as strong dynamic supports, while RSI is trending above the midline, reflecting improving buying strength. A breakout above the immediate resistance zone could trigger fresh upside momentum.

Buy Range: ₹629

Stop Loss: ₹588

Target: ₹705

Wheels India

Wheels India is exhibiting strong bullish momentum with price breaking above a key resistance zone, signaling a potential trend continuation. The stock is trading above all major moving averages, reflecting a well-established uptrend supported by higher highs and higher lows. The breakout is backed by strong price action, indicating fresh buying interest. Additionally, RSI is trending in the bullish zone, suggesting strengthening momentum without immediate signs of exhaustion. The rising trendline further supports the positive structure.

Buy Range: ₹1,090

Stop Loss: ₹975

Target: ₹1,309

Aurobindo Pharma

Aurobindo Pharma is showing a strong bullish setup with price breaking out of a prolonged consolidation and descending trendline, indicating a potential trend reversal. The stock is trading above key moving averages, which are now turning supportive and signaling improving momentum. The formation of higher highs and higher lows suggests strengthening price structure. Additionally, RSI is trending above the midline, reflecting sustained buying interest. The breakout above the resistance zone further confirms bullish sentiment and opens the door for continued upside.

Buy Range: ₹1,308

Stop Loss: ₹1,203

Target: ₹1,517

(Disclaimer: This article is by Kunal Kamble, senior technical research analyst at Bonanza. Views expressed are his own)

First Published: Mar 27 2026 | 6:27 AM IST

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Global markets slip on higher crude oil prices amid West Asia war

by Hansraj Agrawal | Mar 26, 2026 | Share Market

Oil prices rose more than 5 per cent after US President Donald Trump issued a fresh warning to Iran to progress peace talks aimed at ending the regional conflict that’s choking off global energy supplies.

With attacks continuing in countries across West Asia, Brent rose to $107.8 a barrel as of 9:00 pm IST, as West Texas Intermediate traded around $94.16 around the same time. The US leader warned Iran to get serious about discussions “before it is too late,” after the White House insisted that peace talks are ongoing. Tehran has rejected US overtures and issued its own conditions.

The contradictory signals from both sides left markets on edge. On Wall Street, the main indices dropped following gains in the previous session.

As of 8:50 pm IST the Dow Jones Industrial Average fell 75.50 points, or 0.19 per cent, to 46,342.69, the S&P 500 fell 43.59 points, or 0.68 per cent, to 6,547.14 and the Nasdaq Composite fell 216.95 points, or 1.02 per cent, to 21,705.16.

The pan-European Stoxx 600 index fell 0.64 per cent. Japan’s Nikkei ended down 0.3 per cent, while worries over rising energy costs hammered South Korea’s Kospi, which slumped 3.2 per cent. Hong Kong’s Hang Seng fell 1.9 per cent and China’s blue chips dropped 1.3 per cent.

The dollar index, which measures the greenback against a basket of currencies including the yen and the euro, rose 0.1 per cent to 99.75, with the euro down 0.13 per cent at $1.1544.

Gold slips as mkts assess Iran peace prospects

Global gold prices retreated on Thursday, hurt by a firmer dollar and higher oil prices that kept inflation fears intact and sustained expectations of elevated interest rates, while market participants reconsidered the chances of a West Asia ceasefire.Spot gold was down 1.2 per cent at $4,450.64 per ounce by 9:26 am ET (1326 GMT) after falling 2 per cent earlier. US gold futures for April delivery lost 2.3 per cent to $4,447.60.

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Goldman Sachs downgrades Indian equities, cuts Nifty target to 25,900

by Hansraj Agrawal | Mar 26, 2026 | Share Market

Goldman Sachs has downgraded its outlook on Indian equities from ‘overweight’ to ‘marketweight’, citing a deteriorating macroeconomic landscape due to persistently high energy prices.

In a research note issued on Thursday, its strategist warned that a prolonged impairment of oil and gas flows through the Strait of Hormuz is creating significant headwinds for the domestic economy.

The downgrade reflects India’s heightened vulnerability to energy shocks.

Goldman has lowered its 12-month Nifty 50 index target to 25,900, down from 29,300 previously.

This new target implies roughly 13 per cent upside, based on revised earnings growth and a target price-to-earnings (PE) multiple of 19.5x.

The shift in outlook also reflects softening investor sentiment.

Goldman Sachs economists have slashed their 2026 GDP growth forecast for the country by 1.1 percentage points to 5.9 per cent.

At the same time, they’ve raised their consumer price index (CPI) inflation forecast by 70 basis points, anticipating a widened current account deficit of 2 per cent of GDP and a weakened Indian rupee.

The report also factored in an additional 50 basis points in interest rate hikes during 2026 to combat these inflationary pressures.

“Higher-for-longer energy prices lead to a deteriorating macro mix for India,” the report stated, pointing to the ongoing geopolitical tensions impacting global oil supply.

This challenging macro environment is expected to hit corporate bottom lines. Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

They now project earnings growth of 8 per cent for CY26 and 13 per cent for CY27, down significantly from their prior estimates of 16 per cent and 14 per cent, respectively.

“Forthcoming earnings cuts, on top of the ongoing investor concerns over the potential adverse impact of AI, will likely impede foreign re-buying after persistent net selling,” the analysts noted. Since September 2024, foreign investors have pulled a record $42 billion from Indian markets.

The bank advocates for a focus on “quality, earnings resilience, and structural themes,” highlighting companies with stable earnings and strong balance sheets. They believe sectors like financials and staples, which have low sensitivity to oil shocks and are trading at historically low valuations, could outperform in the current climate.

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Board of Aegis Vopak approves sale of 10% stake in Aegis Terminal (Pipavav)

by Hansraj Agrawal | Mar 26, 2026 | Share Market

Last Updated : Mar 26 2026 | 7:06 PM IST

At meeting held on 26 March 2026

The board of Aegis Vopak Terminals (AVTL) at its meetings held on 26 March 2026 has approved the following:

– Proposed sale of 10% of the equity stake i.e 5000 equity shares of Rs 10/- of Aegis Terminal (Pipavav) (ATPL), its subsidiary company to Itochu Corporation for an aggregate consideration of Rs 80.32 crore. On completion of sale of shares, AVTL will continue to hold 86% of equity stake i.e. 43,000 equity shares of Rs 10/- in ATPL.

– Assignment of rights to acquire specialised storage terminal for Ammonia at Pipavav Port to ATPL. This bears reference to the company’s earlier disclosure dated 19 June 2025, wherein the Company had entered into a Framework Agreement with Aegis Logistics (ALL), one of the promoter Company, for acquiring specialised storage terminal for Ammonia at Pipavav Port with a static capacity of 36,000 MT constructed and developed by ALL. Subsequently, the Company has proposed to assign the rights to acquire the said specialised storage terminal for Ammonia at Pipavav Port to ATPL. Subsequently, upon completion of the project, Business Transfer Agreement will be executed between ATPL and ALL.

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First Published: Mar 26 2026 | 7:06 PM IST

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Brigade Enterprises launches net-zero residential project in Northwest Bengaluru

by Hansraj Agrawal | Mar 26, 2026 | Share Market

Brigade Enterprises has announced the launch of a residential project, Brigade Lumina, a joint development spread across 4.11 acres on Tumkur Main Road in Northwest Bengaluru, with an estimated revenue potential of over Rs 700 crore.

The project comprises 2 and 3 BHK units (1,1001,800 square feet) and is positioned as a net-zero carbon development, incorporating renewable energy, water management, and waste reduction systems.

The location benefits from proximity to the Namma Metro Green Line, supporting connectivity-driven demand.

The launch aligns with Brigades focus on premium residential developments in emerging micro-markets with infrastructure tailwinds, while integrating sustainability-led design elements.

Pavitra Shankar, managing director, Brigade Enterprises said: Northwest Bengaluru is one of the key focus areas for us, and the launch of Brigade Lumina underscores our commitment to delivering world-class construction that responds to the evolving expectations of todays homebuyer while being inherently future-ready.

There is an undersupply of premium developments in this corridor, and the metro connectivity of the project is one of its biggest selling points.”

Brigade Enterprises is one of Indias leading property developers. The company has developed properties in cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Gift City-Gujarat, Thiruvananthapuram, Mangaluru and Chikkamagaluru with developments across residential, office, retail and hotels.

The company had reported 21.05% drop in consolidated net profit to Rs 186.52 crore despite a 7.59% increase in revenue to Rs 1,575.11 crore in Q3 FY26 as compared with Q3 FY25.

The scrip had advanced 3.76% to end at Rs 670.70 on the BSE yesterday.

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