Indian shrimp and textile exporters faced a significant downturn, with shares plummeting up to 12% following U.S. President Trump’s imposition of a 50% tariff on Indian imports. This move, effective Wednesday, has eroded India’s competitiveness, particularly in key sectors like apparel and seafood, where competitors face lower tariffs.
PSU bank stocks soar up to 8%, but HDFC, Axis and other private lenders fall up to 5% after Q2 results. Why the sharp divide?
PSU bank stocks surged up to 8% on Monday, led by Punjab National Bank after its Q2FY27 earnings beat estimates. In contrast, private lenders such
October 19, 2026