💨 Abstract

Indian shares dropped on Tuesday, following Asian markets, due to U.S. President Trump's announcement that his proposed tariffs would be implemented. All major sectors and small-mid caps experienced losses. The decline was attributed to Trump's announcement of tariffs on Canada, Mexico, and China, which could lead to inflation, higher interest rates, and negative impact on emerging markets like India.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖