"Indian Stock Market Reacts to Global Turmoil: Sensex Falls Amid U.S. Tariff Shock on April 4, 2025"
Sectoral Analysis
Pharmaceuticals: The exemption from U.S. tariffs resulted in a positive impact on pharmaceutical stocks, which saw an uptick in investor interest.
Information Technology (IT): The IT sector faced selling pressure amid global uncertainties, reflecting concerns over potential impacts on outsourcing and service exports. ET Now
Oil and Gas: Falling global oil prices provided some relief to the oil and gas sector, potentially reducing the fiscal deficit and lowering corporate costs. Reuters
Export-Oriented Industries: Sectors heavily reliant on exports, such as electronics and gems and jewellery, faced headwinds due to the newly imposed U.S. tariffs, which could affect their competitiveness in the American market.
Responsible | Mayank Thakur |
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Last Update | 04/04/2025 |
Members | 1 |
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