Uncertainties around the US trade policy will undermine business confidence and consumer sentiment, adversely impacting growth in Asian nations, including India, Moody's Ratings said on Sunday. US President Donald Trump has postponed by three months the imposition of reciprocal tariffs, with the exception of China on whom a 125 per cent tariff has been slapped. However, a 10 per cent additional duty on exports to the US will continue. "An escalation of US-Sino tensions and the spillover effects from a slowdown in China pose significant downside risks to the (Asian) region's growth prospects. Economies with large domestic markets, such as India, may benefit from companies seeking access to these markets but any major shift in investment flows would occur over several years," Moody's Ratings Senior Vice President, Credit Strategy & Guidance, Nicky Dang told PTI. Moody's Analytics, another Moody's firm, had last week cut India's growth forecast for the 2025 calendar year to 6.1 per ..
The gauge of market volatility -- India VIX -- spiked by nearly 60 per cent, to the highest level lesince June 4
Globally, markets are focused on the details of Trump's reciprocal tariffs, analysts said.
In the previous session, the Sensex dropped 728.69 points (0.93 per cent) to close at 77,288.50, while the Nifty50 ended 181.8 points (0.77 per cent) lower at 23,486.85
TSMC shares have dropped 11 per cent this year, falling alongside global chip stocks like Nvidia Corp. as concerns mount over the sector's frothy valuations
In the previous session (March 7), Sensex settled at 74,332.58, down 7.51 points or 0.01 per cent. Nifty50, on the other hand, settled 7.80 points or 0.03 per cent higher at 22,552.50
Stock Market Today: As of 6:33 AM, GIFT Nifty Futures were down 75 points at 22,545, hinting at a negative start.
Bearish positions on the Malaysian ringgit, the South Korean won, Taiwan dollar and the Indonesian rupiah firmed slightly from a fortnight ago
At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses
At 6:50 AM, GIFT Nifty futures were trading 173 points lower at 23,382, indicating a potential gap-down start for the markets
Markets Today Highlights: The NSE Nifty50 settled in the green at 23,176.05, with gains of 90.10 points, or 0.39 per cent
Markets Today LIVE: Benchmark Indian equities were trading significantly lower on Monday amid muted global cues
Stock Market Highlights, January 8, 2025: The benchmark equity indices showed great resistance on Wednesday as the BSE Sensex reovered around 650 points from its day's low to settle at 78,141.06, down
Markets Today Highlights: Among the broader markets, small-cap shares outperformed others, with the Nifty Smallcap100 ending up 1.35 per cent
Washington Post reported on that Trump aides were exploring tariff plans that would be applied to every country but only cover certain sectors deemed critical to national or economic security
Markets Today Highlights: All sectoral indices ended in the red, with Nifty PSU Bank being the worst hit, ending down by 4 per cent, dragged by Union Bank of India, and Bank of Baroda
Markets Today Highlights:32 out of 50 constituent stocks of Nifty50 ended in the red, dragged by Wipro, HDFC Bank, Tech Mahindra, Adani Ports, and Cipla, with losses extending up to 2.83 per cent
Stock Market Highlights, Friday, December 27, 2024: The benchmark equity indices ended the week's last trading session in positive territory
The standout growth in Taiwan's stock market was largely driven by the country's critical role in the global semiconductor supply chain, according to analysts
Asian stocks have taken the cue from Wall Street, with MSCI's broadest index of Asia-Pacific shares outside Japan down 1 per cent