*Market Commentary February 4, 2025* ➡️Indian equities fell on February 3, tracking losses in global markets after US President Donald Trump announced new tariffs on key trading partners, including Canada, Mexico, and China. ➡️The major stock indexes closed lower on Monday, but partly recovered from initial steeper losses as U.S. President Donald Trump delayed tariffs on Mexico after his orders to levy tariffs on three countries sparked a global scramble to safe-haven assets earlier in the day. ➡️Asian shares climbed after President Donald Trump delayed tariffs on Mexico and Canada for a month, and said he'd hold further talks with China. ➡️The GIFT Nifty is a trading firm, indicating a positive start for the day