India, Jan. 27 -- Renewed trade tariff jitters and fears about the AI hype impacted market sentiment heavily at the onset of the new week. Worries about the U.S. government imposing higher trade tariffs on rivals heightened amidst a dispute between U.S. and Colombia. Emergence of Chinese AI startup DeepSeek and its cheaper AI model impacted sentiment heavily for the tech sector.
Wall Street Futures are trading deep in the red ahead of big tech earnings and FOMC decision. European benchmarks are also trading with heavy losses. Mostly negative sentiment prevailed in the Asian markets also. The Dollar Index declined further, recording a one-month low. Bond yields mostly eased. Crude oil prices rebounded after successive days of losses. Gold p...