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US Markets Today: Pfizer, Amgen, and Johnson & Johnson were among other pharma stocks that dropped at the US market open on April 9 amid investor fears over Donald Trump's upcoming US pharma tariffs. Continue Reading »
Global markets crash! Dow futures, UK's FTSE, along with other European indices, crashed on April 9 ahead of Wall Street open as China announced a fresh set of tariffs on all US imports to the Asian nation. Continue Reading »
US tariffs on Pharma: India currently levies up to 10% import duties on drugs imported from the US with several drugs having lower duty of 5% while around 150 drugs are exempted from duties. Continue Reading »
The Nifty 50 ended the session down 0.61%, closing at 22,399 points, while the Sensex also declined by 0.51%, ending at 73,847. The broader markets also slipped into the red, with the Nifty Midcap 100 index falling 0.61% to close at 49,582 points. Continue Reading »
The government raised the price of a domestic LPG cylinder by ₹50 from 8 April. Lower LPG losses will help OMCs offset hits to their petrol and diesel margins, but which one is best-placed to benefit? Continue Reading »
On April 9, the Indian stock market declined amid global trade war fears stemming from US tariffs. The Sensex lost 380 points, while the Nifty 50 fell 137 points. Mid and small-cap segments suffered greater losses, with investors losing about ₹3 lakh crore. Continue Reading »
Stock market today: Nifty 50 fell by 0.61% to close at 22,399.15, whereas the Sensex decreased by 0.51% to finish at 73,847.15. The ‘reciprocal’ tariffs imposed by US President Donald Trump came into effect earlier in the day, affecting markets worldwide. Continue Reading »