Track Sensex and Nifty as global markets, reacting to Trump’s tariffs, set the tone for Indian equities. Stay updated!
US President Donald Trump is all set to announce reciprocal tariffs on 2 April. Trump has labelled April 2 as America's Liberation Day. Meanwhile, Indian experts have warned of volatility in the stock markets.
US companies last month announced the fewest stock buybacks, in dollar terms, since the Covid pandemic, an early sign of cash hoarding from worries about economic growth and the impact of a global trade war.
President Trump announced reciprocal tariffs affecting over 180 countries, including a 26% tariff on India. The market reacted negatively, with sectors like IT and automobiles expected to face pressure.
Wednesday’s upcoming tariff announcements provide a wide range of possible outcomes. The uncertainty and downside risks to the economy and earnings have rattled markets.
The President has an enormous potential impact on the stock market. A slip of the tongue can generate considerable short-term volatility. More importantly, a president and his policies can lead to “regime uncertainty,” which can significantly influence the stock market over long periods.
Goldman Sachs cut its S&P 500 target and raised its recession forecast. The bank now sees a 35% chance of a recession in the next 12 months.
All eyes are on the tariff announcements that U.S. President Donald Trump is expected to make at 4 p.m. EST on April 2, a day which he refers
Indian equities brace for a roller coaster session on Thursday, April 3, as US President Donald Trump, in the early hours of the day, Indian time, announced sweeping reciprocal tariffs for as many as 60 countries,