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The direct impact of the reciperochl tariff installed from the American side is seen to be falling on the Indian markets. The global market is seeing a huge decline after Trump’s announcement of tariffs on countries around the world, including 26% over India. It also has a widespread impact on Asian markets. The 30 -share BSE Sensex today opened at a decline of about 500 points. Whereas it closed at 76,617 on Wednesday a day earlier.
Similarly, in NSE’s Nifty-50, it is also opened at 23,150.30 with a decline of 200 points. A day before this, the Nifty was closed on the 23,332 index on Wednesday.
Trump has approved its decision to impose reciperook tariffs on more than 180 countries around the world, after which the shares of IT companies are seeing a decline. As soon as the market opens, the shares of TCS, Tech Mahindra and HCL Tail have fallen by 25 percent.
Japan’s Nikkei declined by 2.5% i.e. 225 index, while Hong Kong’s Hong Seng index has fallen by 1.80%. Similarly, South Korea’s KOSPI IDEX has fallen by 1.3%.
