China investors brace for ‘ugly’ Monday on US tariff retaliation
A gauge of Chinese stocks listed in the US plunged 8.9% on Friday, the most since October 2022, amid global market turmoil after Beijing announced 34% tariffs on all imports from the US. That came during a holiday for Chinese and Hong Kong equities, which will restart trading on Monday.
A bearish Nifty faces resistance at 23,000: Analysts
Despite broader weakness, stock-specific bullish setups are visible in Marico, Bajaj Finance, Max Healthcare, HDFC Bank, Tata Consumer, MFSL, Indus Towers, Nestle, Pidilite Industries, ICICI Bank, Hindustan Unilever, and Apollo Hospitals.
Browbeaten markets clutch at Straws; investors take it one day at a time
Since April 2, when he unleashed the slew of tariffs on imports from various countries, global equities have revolted with US stocks alone losing about $6.6 trillion in market value on Thursday and Friday. After being relatively indifferent to the US announcements on Thursday, Indian markets joined in on Friday, shedding ₹10 lakh crore in […]
Turbulence ahead, but D-St unlikely to retest recent lows
The US has implemented a tariff of 26% on most exports from India. After President Trump imposed these tariffs on April 2, the BSE Sensex and the NSE Nifty fell 1.6% and 1.8%, respectively, in two days.
Downgrades pepper India Inc’s books, all grades not down yet
The pressure is unlikely to ease soon. Analysts said the recent US tariff hikes, sluggish global demand, and sector-specific challenges could trigger further downgrades in the coming quarters.