Pharma stocks under pressure, tank over 10 per cent as Trump hints at 'never seen before' tariffs
- US President Donald Trump announced a new tariff policy, including a universal import duty of 10% on all goods, set to start on April 5, 2025.
- Indian stock markets declined on April 3, with the Sensex falling 352 points and the Nifty 50 dropping 90 points following US President Donald Trump's tariff announcements.
- Market reactions showed the Dow Jones futures fell over 900 points, reflecting concerns about the impact of Trump's tariff policy on global trade.
16 Articles
16 Articles
Pharma stocks under pressure, tank over 10 per cent as Trump hints at 'never seen before' tariffs
Cipla Share Price, Sun Pharma Share Price: Shares of pharmaceutical companies are under pressure on Friday, i.e. April 4, 2025, after US President Donald Trump said that the sector will see 'never seen before' tariffs. As a result, the Nifty Pharma index fell over 6 per cent after opening in the green today. Nifty Pharma had started the session in green at 21,430.95 against the previous close of 21,423.55. Following the US President's remark, s…
Stock Market Highlights: Trump tariff exemption boosts pharma but Nifty muted, ends below 23,300
Share Market Highlight | BSE Sensex, Nifty 50 Today: Indian equity markets slipped during Thursday's trade after Trump announced 26% tariffs on foreign imports to the US.
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