While the global tariff war waged by the US President, the stock markets around the world are seen. There is lethargy from USA Markets to Asian markets, while in its address in the US Parliament on Wednesday, the impact of the trump on the tariff on India was not seen on the Indian stock market, but the continuing decline for several days was seen. The 30 -share Sensex of the Bombay Stock Exchange had jumped 200 points in the wake of opening in the Green Zone, while Nifty also started trading fast.
1562 shares start fast
On Wednesday, with the introduction of trading in the stock market, the shares of 1562 companies opened up rapidly, while the shares of 703 companies were such that it started with a decline on the red mark. Apart from this, there was no change of any kind in the condition of 120 stocks. In early trade, ICICI Bank, NTPC, Tech Mahindra, SBI were seen running with the highest speed, while on the other hand, shares like Bajaj Finance, Bajaj Finserv, L&T, SBI Life Insurance and Cipla were trading with decline.
Trump spoke twice with the name of India
Taking the name of India twice, President Trump said that India imposes 100 percent tariffs. This is not right at all. Taking a formal announcement of Tariff War, he said that now whatever country will impose tariffs on America, from April 2, America will also put the same tariff on that country. For the first time, President Trump, while counting the names of the countries that impose tariffs on the US, said, “On average, European Union, China, Brazil, India, Mexico and Canada tariffs us. Have you heard about them? And countless other countries charge more tariffs from us, as much as we get from them. It is very inappropriate.”