World markets, including Indian equities, seem to have digested the hit from Trump’s tariff war for now, with key benchmarks Nifty and Sensex rising close to 10 percent from the low of March 4, as mutual funds chip in to support the recovery.
Indian equities had reacted negatively during February and early March to US President Trump's tariff announcements, turning significantly volatile due to uncertainty. However, as investors realize that India is unlikely to be penalized as heavily as other Asian or European peers, markets staged a recovery, partly helped by the progress over bilateral trade negotiations with the Trump administration.
