Indian stock markets experienced their worst start to a year in a decade, with nearly Rs 8 lakh crore in market capitalization wiped out. Foreign institutional investors have pulled out $2 billion amid anxieties over a delayed India-US tariff deal and the upcoming Union Budget. Analysts anticipate continued range-bound trading until policy clarity emerges.
Trump’s trade chief says ‘deal’s a deal’ for economies with capped US tariffs
America’s trade representative assures that new tariffs will respect existing agreements. He stated that a deal is a deal for nations like the European Union
June 4, 2026