India Outperforms Amid Global Tariff Confusion

NSE CEO Ashish Kumar Chauhan comments on India's robust performance amidst global confusion following US-imposed tariffs. He anticipates clarity in a week or two after negotiations stabilize the duty structure. The Indian share market appears stronger compared to others post-US tariff actions.

Amid ongoing global tariff confusion instigated by recent US implementations, NSE Managing Director Ashish Kumar Chauhan expressed optimism about India's relatively strong market performance. Speaking after his visit to the religious site Mata Vaishno Devi Shrine, Chauhan pointed out the resilience of Indian share markets.

Despite new US import duties affecting India, Chauhan believes a clearer economic strategy will emerge shortly, particularly as negotiations aim to stabilize existing duty structures. He emphasized India's advantageous position compared to other countries.

However, market indices such as Sensex and Nifty have seen declines due to fears of a trade war. Chauhan remains hopeful that impending discussions will offer a clearer economic outlook globally within the coming weeks.

(With inputs from agencies.)