
stockaxis
February 11, 2025 at 03:52 AM
*Market Commentary February 11, 2025*
➡️Indian markets experienced a sharp decline on February 10, shedding over 0.7 percent, in line with losses across most Asian markets. Investor sentiment remained cautious following US President Donald Trump's commitment to imposing tariffs on imports, raising concerns over potential disruptions in global supply chains.
➡️Wall Street's main indexes closed higher on Monday, lifted by Nvidia and other AI-related stocks, while steelmakers surged after U.S. President Donald Trump said he would impose additional tariffs on steel and aluminum imports.
➡️Asian markets were trading mostly higher, tracking gains on Wall Street that appeared to look past U.S. President Donald Trump’s tariff campaign.
➡️Trends on GIFT Nifty indicate a positive start for the broader index in India.