Market Jitters: Trump’s Tariff Threat on India Drags Down Stocks

Investors are reacting nervously to President Trump’s latest pronouncements on potential trade tariffs targeting India. This uncertainty has led to a noticeable downturn in the stock market during early trading hours.

Oil & Gas Sector Leads the Decline

The oil and gas sector appears to be bearing the brunt of the negative sentiment, experiencing a significant drop in share prices. This decline is likely compounded by ongoing global trade tensions and their impact on energy demand.

Foreign Fund Outflows Add to Market Pressure

Adding further downward pressure on the markets are reports of increased foreign fund outflows. Investors seem to be pulling back from riskier assets in light of the developing trade situation between the US and India.