Swaminathan Aiyar foresees a possible Trump win leading to 10% global tariffs, 60% on China, sparking a trade war. EU and Modi could retaliate. Trump might cut NATO funding, ban H1B visas, ignore Taiwan, prosecute Biden officials, and cause US chaos. Congress and courts could limit actions. Rate cut expectations persist.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.
March 15, 2025