What next? Dalal Street seeks direction amid tariff chaos
[ad_1] MUMBAI: Tariff-related developments, the direction in which prices of US government bonds move, trading pattern of foreign funds, and corporate results for the Jan-March quarter will decide investor behaviour on Dalal Street in the truncated three-day trading week starting Tuesday. Market players, however, warned that volatility is expected to continue even though there seems to be some thaw in the US-led tariff war, especially with China, its biggest trading partner.The trading week of April 7 was equally volatile. Following global markets, the sensex and Nifty saw wild swings as US President Donald Trump first hiked tariffs on most of America's trading partners, then kept changing several parameters without warning, and China retaliated. At close, sensex was at 75,157 points while Nifty closed at 22,829 points.On Monday, the US markets opened sharply higher and were holding on to the levels […]