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He said April 2-when Donald Trump announced the imposition of tariffs on imports into the US-is an 'impoverishment' day, not a 'liberation' day, as termed by President Trump. On Thursday, Wall Street posted its worst day since 2020 in response to the announcement of worldwide tariffs the previous night.
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News and Media
NSE Nifty fell 1.5%, or 345.65 points, to finish at 22,904.45. BSE Sensex dropped 1.2%, or 930.67 points, to 75,364.69. The slump wiped out 10 lakh crore in market value Friday.
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News and Media
Metal shares experienced a significant decline on Friday, with the Nifty Metal index dropping 6.6%. Concerns about a potential global trade slowdown due to US tariffs on Indian imports and other countries diverting exports to India were the main reasons. Experts advise caution in the sector until the situation becomes clearer, with domestic-focused companies potentially better positioned.
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News and Media
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