Indian equities are expected to decline following Trump’s tariff announcement, as indicated by a drop in GIFT Nifty futures. Nilesh Shah of Kotak Mahindra AMC anticipates a negative market reaction, despite expectations of a trade deal due to aligned US-India strategic interests. Export-oriented sectors are likely to face the most significant impact.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may