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Why Donald Trump’s tariff policy cannot dictate Indian markets for a long time? explicitly

Why Donald Trump’s tariff policy cannot dictate Indian markets for a long time? explicitly

As part of the third consecutive day, Benchmark BSE Sensex decreased by 96 points to close below 73,000 Tuesday, amid the global equity route in terms of war -of -the -wage worries and persistent exits of foreign funds.

The BSE barometer with 30 actions closed at 72,989.93, decreasing by 96.01 points or 0.13 percent, as 18 of its components decreased and 12 were established with winnings. During the day, 452.4 points or 0.62 percent decreased at a low level of 72.633.54, but recovered some of the losses in the second half.

Expanding the losses for the 10th straight session, the 50 NFE shares decreased by 36.65 points or 0.17 percent to close to 22,082.65. The index opened below the level of 22,000 to 21,974.45, but managed to recover some losses later.

Dr. VK Vijayakumar, the main investment strategist, Geojijin Financial Services said: “Trump’s uncertainty is aggravated in global trade. The 25% rate for Canada and Mexico and the 20% rate on China (with 10% additional imposed), which was known.

If Trump’s tariff policy continues in this way and starts to affect other countries, it will be bad for global trade and global economy. India will not be spared. So what will be the eventual result?

There is a factor that will tan the Trump and this is the market reaction. Even the powerful Trump cannot influence markets. The rates will soon raise inflation in the US, and Fed can be transformed. The US stock market, which now has a perfection price, can undergo a severe correction, even an accident. This result, which Trump awakens, can tame and bring a certain health and balance in his policies. We don’t know when this will happen.

In the short term, there is no chance of returning to the Indian market, even if the assessments are correct. Investors should remain cautious and wait to see how the scenario is going on. “