As the tariffs war intensifies, the likelihood of a recession has also increased, with its impact clearly reflected in the Asian markets. The European Union has also imposed a 28% retaliatory tariffs on the U.S., a move that is expected to significantly impact the U.S. market. Japan’s Nikkei Index plunged 6.48%, while the Hang Seng Index sank 9.40%. Further market details are as follows:
| SYMBOL | PRICE | CHANGE | %CHANGE |
|---|---|---|---|
*SHANGHAI | 3,146.4 | -195.61 | -5.85 |
*NIKKEI | 31,591.84 | -2,188.74 | -6.48 |
*HSI | 20,744.03 | -2,105.78 | -9.22 |
| 9,613.62 | -752.12 | -7.26 | |
| 2,356.47 | -108.95 | -4.42 | |
| 7,366.4 | -301.4 | -3.93 | |
| 22,904.45 | UNCH | UNCH | |
| 3,569.86 | -256 | -6.69 | |
| 1,379.4 | -114.76 | -7.68 | |
| 9,103.24 | -765.21 | -7.75 | |
| 11,851.82 | -373.46 | -3.06 | |
| 1,125.21 | -36.6 | -3.15 | |
| 1,436.22 | -67.92 | -4.52 | |
| 19,244.02 | -2,054.2 | -9.64 |
Credit: CNBC
GIFT NIFTY also trade at 22080 which is 1.11% down this will impact Indian stock market exchange.
