Reported 4 days ago
India has become the first major equity market to recover from the losses caused by US President Trump's tariffs, with the NSE Nifty 50 Index rising 2.4% since the tariffs were announced. This recovery reflects confidence in India's resilience amidst ongoing global economic challenges, with many investors viewing Indian stocks as a safe haven. Analysts believe that the country's economic fundamentals and favorable trade position, especially in comparison to China, support this positive outlook.
Source: YAHOO