Meanwhile, Trump’s position of imposing higher taxes on China, which is almost 60% or more, could be beneficial for the likes of exporters from India, which could be wires and cables companies, solar module exporters, even tile exporters from India, and even chemical companies. So, it depends on the sub-sector
Gold prices fall on profit-booking
Gold prices in Kolkata experienced a nearly 3% drop, falling to ₹88,401 per 10 gm, triggering a surge in demand from wedding shoppers and bullion