Try GOLD - Free
Trump's move to heighten market volatility
The New Indian Express Kozhikode
|April 04, 2025
The domestic equity market is expected to see highlighted short-term volatility following US President Donald Trump's announcement of imposing a 27% "discounted reciprocal tariff" on all imports from India.
Export-driven sectors such as IT and auto components face major challenges as they are directly exposed to tariff impacts and broader global trade friction.
At Thursday's close, the Sensex was down 322.08 points or 0.42% at 76,295.36, and the Nifty was down 82.25 points or 0.35% at 23,250.10. The Midcap and Smallcap indices, however, managed to close in the green.
Trump on Wednesday declared a universal 10% baseline tariff on US imports, calling it "Liberation Day," with reciprocal tariffs starting at that rate. While most countries would face the baseline levy, 60 nations—including India—would be subject to higher duties, some as steep as 50%.
This story is from the April 04, 2025 edition of The New Indian Express Kozhikode.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Kozhikode
The New Indian Express Kozhikode
Ronaldo sent off as Ireland stun Portugal
CRISTIANO Ronaldo was sent off for an elbow as his Portugal side lost 2-0 against Ireland on Thursday and blew another chance to qualify for the 2026 World Cup.
1 min
November 15, 2025
The New Indian Express Kozhikode
Tensions remain high, says US as Iran seizes oil tanker
IRAN seized a Marshall Islands-flagged oil tanker as it traveled through the narrow Strait of Hormuz on Friday, a US official said, turning the ship into Iranian territorial waters in the first-such interdiction in months in the strategic waterway.
1 min
November 15, 2025
The New Indian Express Kozhikode
PLAGUED BY SUSPENDED SCEPTICISM
HE Mongols are believed to have used the first bioweapon in recorded history in 1347, when the forces of the Golden Horde under Khan Jani Beg catapulted a corpse infected by bubonic plague into the besieged Genoese citadel of Caffa in the Crimea.
4 mins
November 15, 2025
The New Indian Express Kozhikode
Hosts India set for Slovenia challenge
TAMARA Zidansek and Kaja Juan produced resilient tennis to outsmart fancied Netherlands, giving Slovenia an unassailable 2-0 lead in the Billie Jean King Cup Group G playoff here on Friday. Zidansek defeated Arantaxa Rus 6-1 7-6 (6) while Juan had to dig deep against world No. 89 Suzan Lamens, before prevailing 7-6 (5) 4-6 6-3 in two hours and 34 minutes.
1 min
November 15, 2025
The New Indian Express Kozhikode
PRESERVING VISION OF A CINEMATIC MAESTRO
N a world grown more chaotic, atomised, and close to breaking point, Ritwik Ghatak's cinema feels newly legible.
1 mins
November 15, 2025
The New Indian Express Kozhikode
Nothing ‘grand’ about grand alliance as Cong flickers and RJD flounders
BIHAR poll results show that there is nothing \"grand\" about the Grand Alliance or Mahagathbandhan.
1 mins
November 15, 2025
The New Indian Express Kozhikode
The PK factor that wasn’t: Mismatch in hype & reality
THE Bihar Assembly poll results on Friday brought with it a harsh reality check for Prashant Kishor's Jan Suraaj Party (JSP) which failed a secure a single seat.
2 mins
November 15, 2025
The New Indian Express Kozhikode
Bumrah's magic gives India command
Pacer claims 5/27 from his 14 overs as the hosts bowl out South Africa for 159
3 mins
November 15, 2025
The New Indian Express Kozhikode
Systematic training & coach's push behind Esha's medal returns
INDIAN shooting seems to have hit the right note wherein successes have become more regular than failures.
2 mins
November 15, 2025
The New Indian Express Kozhikode
Left is left with very little, suffers major setback
THE Left combine on Friday failed to recreate the magic of the 2020 Bihar Assembly elections.
1 min
November 15, 2025
Listen
Translate
Change font size