Richard Harris of Port Shelter Investment suggests tariffs could negatively impact trade and growth, offsetting the benefits of the ‘big beautiful bill’. Markets initially overlooked tariff concerns, focusing on positive rollbacks. However, tariffs remain high for American buyers. Harris advises caution with equities, anticipating delayed negative effects from tariffs and deficit issues. He believes equities will continue to perform.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader
May 27, 2026