The January-March data in the US disappointed. That is looking like an anomaly based on the last two months’ data. It is giving more leeway to the markets. Ajay Bagga sats there will be a sectoral rotation away from the magnificent seven, from the growth stocks today. We are seeing the midcaps, smallcaps going up nearly 3%. The Russell 2000 index is up 3%.
90-day tariff pause not a reversal, just prolongs market uncertainty: Rajeev Agrawal
Rajeev Agrawal of DoorDarshi India Fund suggests navigating market volatility stemming from President Trump’s tariff policies. He believes tariffs’ impact on India’s GDP is minimal,
April 15, 2025