- Nifty closed at 24,768 (-0.35).
- Yesterday evening Trump declared 25% tarrifs on India along with penalty for taking oil from russia.
- All the companies with exposure in the US fell in the range of 10-11%
- Companies like PGIL, Apar, steelcast fell 6-8%.
- While gems & jewels also have exposure andas the reaction was also seen in the opening hour as goldiam opened 8% lower and other also opened at a gap down ranging from 2-4%.
- Tara chand Infralogistics (7.13%) came with great set of numbers and the reaction was pretty good as well.
- Ceinsys Tech(5%) reported 112% YoY growth in sales and close to 150% PAT growth and was locked in UC.
- V2 Retail(-5%) is raising 400cr due to which it was locked in LC even after another great results.