archiveStock market fall

Currencies

Trump’s tariff announcements shake global markets, induce currency weakness

Listen to article Global markets experienced severe turbulence on Thursday after US President Donald Trump announced sweeping tariffs, including a baseline 10% duty on all imports and higher levies on key trading partners. The news led to sharp declines in stock markets, falling currencies, and rising commodity prices, with analysts warning of broader economic impacts. Futures on US indices tumbled, with the S&P 500 dropping more than 3%, while Asian markets also suffered significant losses. The Nikkei 225 in Japan fell by over 3%, while Hong Kong’s Hang Seng and South Korea’s...
Stock Market

Stock Market Fall: Raamdeo Agrawal says we are ‘very close to bottom’ but recovery will not be vertical

Market veteran Raamdeo Agrawal of Motilal Oswal Financial Services believes that the market is close to a bottom, but highlighted that just as the market fall has been gradual over the last five months, the recovery will be equally gradual and not V shaped.In an exclusive interaction on CNBC-TV18 on Monday, March 3, Agrawal mentioned that the market is seeing a healthy correction after four years of relentless outperformance. He also mentioned that the correction has taken the Nifty multiple down to below 20 times price-to-earnings from 23-24 times earlier."If...