Japan’s Nikkei share average plummeted to an eight-month low following President Trump’s announcement of a 24% levy on Japanese goods. The steep tariffs caused a widespread market decline, with the banking sector and automakers experiencing significant losses. Toyota shares fell 4.7%, and Tokyo Electron dropped 5.8%.
Why bank stocks are an oasis for investors in a desert of chaos
Banking and financial services have outperformed in 2025, with Bank Nifty and Nifty Financial Services gaining over 8% and 12%. Strong fundamentals, supportive RBI policy,