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Shares of cos with US mkt exposure to come under pressure
The Morning Standard
|August 28, 2025
EXPORT-oriented companies with major exposure to the US market are likely to face pressure on D-Street as the Trump administration's additional 25% tariff on certain Indian goods came into effect on Wednesday. This move brings the total tariff rate on these items to 50%.
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The announcement triggered a sharp sell-off on Tuesday and is expected to sustain bearish momentum in the short term. On Wednesday, the market was closed for trading due to Ganesh Chaturthi. Santosh Meena, head of research at Swastika Investmart, said ta
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