The sweeping tariffs are gone, but Trump’s 10% global tariffs remain. What can you expect from the markets on Monday?

If GIFT Nifty is any indication of what lies ahead for the equity markets, investors can expect fireworks when trading resumes on Monday following the US Supreme Court’s decision on Friday to strike down Donald Trump’s sweeping tariffs. The GIFT Nifty settled 320 points, or 1.25% higher, at 25,886.Investors should look for export-oriented sectors such […]

Goldman Sachs sees the rupee approaching a turning point, but warns that trade uncertainty could dictate the next move

Investors who see the rupee weakening past $90 against the dollar have a new indicator to assess: Goldman Sachs believes the worst phase of the currency’s underperformance is largely behind it, even as India’s external balances remain under pressure and rate uncertainty clouds the outlook. The brokerage argued that while flows have deteriorated significantly, India’s […]