New Delhi, stock markets, will be powered by further developments at the US-China Tariff War Front, along with quarterly earnings announcements of IT majestic Wipro and Infosys in a weekly shortened week, analysts said. Global market trends and trading activity of foreign investors will also determine market movement this week, experts noted. Equity markets will remain closed for Dr. Baby Saheb Ambedkar Jayanti and Friday due to Good Friday. “The coming week will be volatile for global and Indian markets, as the trade war between China and the US has strengthened with both countries imposing rates on each other, causing inflation data from WPI and the inflation of the consumer price. -Tariff Plan revealed. Tariff War between them continues. On the domestic side, the spotlight will also be on corporate earnings, with heavyweights such as Wipro and Infosys from the IT sector, along with the private banking HDFC Bank and ICICI Bank, scheduled to annul Ltd. Shares closed on a subdued note last week, ending with modest losses amid increased volatility. Last week, the BSE criterion dropped 207.43 points or 0.27 percent. The NSE Nifty dropped 75.9 points or 0.33 percent. On April 2, the US announced an additional 26 percent tariff on Indian goods entering the US. But on April 9, the Trump administration announced the suspension of this 90 days to 9 July this year. However, the 10 percent baseline tariff imposed on the fields will still remain in place. Siddhartha Khemka, Chief -Research, Wealth Management, Motilal Oswal Financial Services Ltd, said: “We expect the Indian markets to remain volatile, the detection of world markets, the development of US rates and the Q4 -Corporate earnings announcements. Worldwide Oilbenchte Brent Cred. ” Of major global economies, which are expected to lead the market sentiment and affect monetary policy expectations, “according to a note by Bajaj Broking Research. This article was generated from an automated news agency feed without editing.
Development on the US tariff war, earnings to drive MKTs during the holiday shortened week: Analysts
