Thursday 15 March 2018

Indian Shares Slip As Global Woes Persist

Indian shares fell on Friday with financial and energy stocks taking the brunt as fears of a trade war due to the imposition of U.S. tariffs preyed on investors' minds. Asian stocks slid as reports of more chaos in the Trump administration tested investors' nerves, already frayed by fears that U.S. tariffs could hurt the global economy.
India's trade deficit INTRD=ECI narrowed to $12 billion in February, its lowest in five months, amid concerns that a global trade war could hit exports due to U.S. President Donald Trump's decision to hike import taxes on steel and aluminium. broader NSE index. NSEI was down 0.55 percent at 10,303.10. The benchmark BSE index BSESN was 0.56 percent lower at 33,495.26. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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