DSIJ Mindshare

Markets may react to Trump's trade war-mongering

Karan Dsij 1 1741 Article rating: 5.0

After a long holiday weekend, Indian equity benchmarks are likely to react on Monday to the import duties imposed by the US on steel and aluminium. The big overhang will be the possibility of a full-fledged retaliatory trade and currency war. The SGX Nifty is indicating that the Nifty could open around 10,345 at the opening bell.  The ruling NDA put up a stellar show in the North-East assembly elections.

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