Gifty Nifty was seen working. Asian markets saw an increase. At the same time, there was a rise in a percentage in the American markets yesterday. Nasdaq climbed around 200 points. On the other hand, gold reached the new peak with Trump’s tariff war. Let us know that the American markets closed with an edge yesterday. Dow Jones climbed 167 points to close at 44,470 levels. The S&P 500 index rose by 0.67% to close at the Nasdaq at 0.98% at the level of 6,066.44. Today, American Fed Chairman Powell will be eyeing Testimani. American CPI inflation figures are also going to be released tomorrow.
Trump’s ‘Tariff’ Terror
Steel and aluminum imports will have 25% tariff. The tariff will apply to the metal imports of all countries. Pharma, oil, semiconductor also included in the list. The idea of imposing import duty on the European Union is also going on. Recently, 25% was announced in Canada, Mexico.
By the end of this week, he will announce the Risiproke Tariff. The more the tariff on the US will be in that country.
Trump’s Economic Advisor’s statement
US President Trump’s top economic advisor Kevin Haset has accused India of imposing more tariffs. In an interview with CNBC, he said that India imposes high tariffs. The high tariffs of India cause obstacles in the import. The US should also impose tariff equal to another country. There will be a lot of issues with Trump during PM Modi’s US round.
Fiis – DIIS data
Foreign institutional investors have sold a net of Rs 2464 crore in the cash market on Monday. At the same time, domestic institution investors have purchased NET 1516 crores in the cash market on this day. FPIs are constantly selling in the Indian market citing expensive valuations. Since September 2024, foreign investors have drawn about $ 22 billion from the Indian market so far.
Asian market
Today, mixed business is being seen in Asian markets. The gift Nifty is trading with a gain of 39 points i.e. 0.17 per cent. At the same time, Nikkei is closed. Straight Times saw a decline of 0.40 per cent. While Taiwan’s market is trading up by 0.46 percent. While Hangseng is trading with a weakness of 0.75 per cent. At the same time, Kospi is showing a rise of 0.65 percent. At the same time, Shanghai Composite is visible at 3,313.06 with a weakness of 0.26 percent.