Trump's tariff attack affects more than 40 Indian stocks. Complete list for stock market investors across all important sectors
As the domestic equity headline indices recovered all of the morning losses, the Sensex and Nifty may have avoided the Trump tariff bullet, but export-heavy industries like textiles, pharmaceuticals, autos, and shrimp were all affected by the 25% tariff that US President Donald Trump announced on Indian goods. Because India's tariffs are more favorable than those of other exporters, investors were hoping for better access to the US market. According to CLSA's Vikash Kumar Jain, the tariff will undoubtedly lower optimism for exporters like electronic manufacturers.
Cheaper Russian crude oil has benefited Indian refiners, who may suffer as a result of these remarks. He added that Trump's remarks change the short-term narrative of India as a safe haven. "A wider reading of this statement as being less friendly towards India may make investor worry about less favourable regulations in sectors like pharmaceuticals and IT," he said.
Textiles
1. Welspun Living
2. Gokaldas Exports
3. Indo Count Industries
4. Trident
5. Kitex Garments
6. KPR Mill
7. Vardhman Textiles
Auto & Auto Components
1. Sona BLW Precision
2. Bharat Forge
3. Balkrishna Industries
4. JK Tyres
5. Samvardhana Motherson
Pharmaceuticals
1. Dr. Reddy's
2. Sun Pharma
3. IPCA Lab
4. Lupin
5. Granules
6. JB Chemicals
7. Zydus
8. Biocon
9. Natco Pharma
10. Aurobindo Pharma
11. Cipla
12. Glenmark Pharmaceuticals
13. Ajanta Pharma
Solar
1. Waaree Energies
2. Premier Energies
Chemicals
1. Navin Fluorine International
2. PI Industries
3. SRF Limited
Others
1. Steel Strip Wheels
2. Garware Hi Tech Films
3. Apar Industries
4. Avanti Feeds
5. Apex Frozen Foods
6. Water Base
This list highlights the broad impact across sectors.
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