New Delhi: Equity benchmark indices Sensex and Nifty tumbled in early trade and the rupee hit a record low of 87.29 against the US dollar on Monday after President Donald Trump imposed massive tariffs on Canada, China and Mexico over the weekend, sparking fears of a…
Tag: Dollar
Trump 2.0 Will Be Good For Equity Market, Dollar But Bad For Bonds: Report
New Delhi: The upcoming second term of the US President Donald Trump (Trump 2.0) will be beneficial for the equity market and US Dollar while it is negative for the bonds markets, according to a report by Union Bank of India. The report compares two timelines…