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Trump's potential penalties could impact market more than tariff hike

Indian markets face mounting pressure as Trump's tariff threats trigger a sharp rupee decline to four-month lows of 87.42 against the dollar. The Gift Nifty's drop signals continued volatility ahead, with analysts warning that uncertainty over additional Russia-related penalties could derail the market's recent upward momentum.

July 31, 2025 / 11:44 IST
Trump's potential penalties could impact market more than tariff hike

With oil prices rising and volatility in metal prices, equity markets can be choppy in the short term

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