Stock Market News, Feb. 16 -- The main domestic stock indices, Nifty 50 and Sensex, declined on Friday as investors expressed concerns about the potential consequences of US President Donald Trump's intentions to implement reciprocal tariffs, which analysts believe could adversely affect India more than its Asian counterparts.
Trump intends to impose reciprocal tariffs on all nations that levy taxes on US imports. Nonetheless, the enforcement of these tariffs is expected to be postponed, allowing global stocks to experience a relief rally.
Indian Prime Minister Narendra Modi met with Trump on Thursday and proposed discussions on reducing tariffs, increasing purchases of US oil and gas, acquiring combat aircraft, and making trade concess...
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