Holywood News
Tariffs: From pharmaceutical relief to pressure: The sectoral impact of breaking Trump’s reciprocal tariffs – Economic Times Video
Donald Trump’s tariff tide waves have shaken global markets, but in India, the impact is uneven. Its stock is hammering, while drug stocks are enjoying strong rally. The Nifty Pharma index soared 3%, but the inventory stocks were as high as 9%, reducing its index by 4%. Despite the turbulence in sector indexes, the broader Indian market is still laying the foundation. Sensex fell by only about 200 points, ignoring the sell-off seen in the global market. Market breadth remains positive, with small and micro stock inventory avoiding volatility. In stark contrast, Nasdaq futures fell 3%, China’s Han Port fell 2.5%, Japan’s Nickelode fell nearly 3%, and India looked like an oasis of calm in the global market massacre.
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