A Roar, Not a Rampage: Trade Tariff Fails to Debilitate the Market

The bite turned out to be far less painful than the bark. Yes, you read that right—I am talking about one of the most defining moments, an event that led to uncertainty in the market: the ‘Liberation Day’ – U.S. President Donald Trump’s push to bring manufacturing back to American soil. During his reciprocal tariff speech, Trump used the word kind, and interestingly, that’s exactly how the Indian markets chose to react—kindly. After an initial knee-jerk reaction that dragged the Nifty down to an intraday low of 23,145.80, the index quickly staged a recovery of nearly 100 points.