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HinduBusinessLine

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US trade tariffs weigh on markets; Indian IT stocks hit hardest 

  • US trade tariffs announced by President Trump have caused global markets to experience turbulence.
  • Indian IT stocks, including Tech Mahindra, Infosys, TCS, HCL Technologies, and Wipro, were the worst affected by the tariffs.
  • Pharmaceutical stocks, such as Sun Pharma and Cipla, saw gains amid the market decline.
  • Further market volatility is expected as countries consider retaliatory measures and uncertainty prevails.

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