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Sell IT, buy pharma? What Trump tariffs mean for Indian stock market investors

by Wright Research

Published On April 3, 2025

In this article

Sell IT, buy pharma? What Trump tariffs mean for Indian stock market investors

Market breadth stayed positive, as small- and micro-cap stocks managed to avoid the volatility. In sharp contrast, Nasdaq futures dropped 3%, Chinas Hang Seng fell 2.5%, and Japans Nikkei declined by nearly 3%, while India appeared to remain relatively stable amidst the global market turmoil.

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