Global billionaires gained $135 billion after Trump announced a 90-day tariff pause for most nations, sparking a historic Wall Street rally. The “Magnificent Seven” stocks surged, boosting top tech leaders’ net worths. However, US-China tensions worsened with mutual tariff hikes and restrictions on American firms.
Nifty Pharma, 4 others hit 52-week high since Iran war while Nifty fell 7%. Will the form continue?
Despite a challenging market backdrop fueled by geopolitical tensions and foreign fund outflows, five Indian sectors—Pharma, Energy, Defence, Capital Markets, and Metals—are showing remarkable strength.