New Orleans Gazette

The Readers Paradise of New Orleans

Trump tariff: Dalal Street dodges drubbing on Day 1

Dalal Street investors largely ignored the US’s new tariff plans, with Sensex and Nifty closing slightly down. Despite the negative close of leading indices, midcap and smallcap stocks saw buying interest. The day’s decline was triggered by negative global sentiment and President Trump’s new tariff announcements on Indian imports.

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