Good morning. Trade wars, the gift that keeps on giving: The EU just played diplomatic goalie against Trump’s proposed 100% tariffs on Indian goods a move once described as "a bull in a policy china shop." Now, stocks like Apollo Tyres, Arvind (textile swagger meets sneaker steps), and TCS (code warriors rejoice) could dodge trade spats, offering investors a breather and proof that strained alliances have real-world receipts.
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SENSEX |
81548.73 |
0.15% |
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NIFTY 50 |
25005.5 |
0.13% |
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NASDAQ |
22043.074 |
0.72% |
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USD to INR |
88.222 |
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Shriram Finance |
620.05 |
2.52 |
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Infosys |
1509.40 |
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Data is provided by Yahoo Finance.
*Stock data as of market close.
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Stocks May Rise as EU Opposes U.S. Tariff Plan on India
Reports indicate the European Union (EU) has rejected U.S. President Donald Trump’s proposed 100% tariffs on Indian goods, a move that could benefit select Indian companies. Analysts suggest stocks in sectors like automotive, textiles, and IT services may see gains amid reduced trade tensions.
Key Details
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Tariff Proposal: Trump’s plan aimed to impose steep tariffs on Indian imports, mirroring earlier U.S.-China trade policies. The EU’s resistance signals potential relief for Indian exporters.
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Potential Beneficiaries: Apollo Tyres (automotive), Arvind (textiles), and Tata Consultancy Services (TCS, IT services) are flagged as stocks that could rally, as their exports or global operations face lower risk of disruption.
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Market Context: India’s export-reliant sectors have faced uncertainty due to U.S. trade policy shifts. The EU’s stance may stabilize investor sentiment.
Broader Implications
While the EU’s rejection is seen as a positive for Indian markets, analysts caution that ongoing U.S.-India trade negotiations could still influence outcomes. Companies with diversified global footprints, like TCS, may remain resilient even if tariffs resurface.
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