Indian markets extended losses for a second day, led by weakness in FMCG and auto stocks. The Sensex and Nifty fell by 0.25% and 0.24% respectively. Despite the decline, bullish momentum remains in the Nifty, although it’s nearing overbought territory. The index is consolidating near resistance and may see range-bound movement in the near term.
US stock market loses $4 trillion in value as Trump plows ahead on tariffs
A barrage of new Trump policies has increased uncertainty for businesses, consumers and investors, notably back-and-forth tariff moves against major trading partners like Canada, Mexico