India is the first main market to eradicate the losses of Trump's retaliation cost

Indian stocks rose after a long weekend with trading resumption, as the most important stock index wiped out all the losses they incurred because of the mutual customs duties announced by US President Donald Trump earlier this month. The NSE Nifty 50 (NSE Nifty 50) index on the Mumbai Stock Exchange rose 2.4% on Tuesday, exceeding the level of its closure on April 2. India thus became the first major stock market in the world, eradicating the losses arising from the last customs duties. On the other hand, the broader Asian stock markets index is still by more than 3% low since the fees were announced. Investors who praise the Indian market as a relatively safe haven amid the fluctuations raised by the mutual customs laid up by US President Donald Trump. The large local economy in India is seen as more able to withstand a possible global recession compared to many other countries that pay more definitions when exporting their products. India is a manufacturing alternative to China, the rising trade war between China and the United States, also emphasizes India as a potential alternative to China in the field of manufacturing. In the opposite of China’s movements against US drawings, New -Delhi has adopted a conciliatory tone and tries to reach a temporary trade agreement with the Trump administration. “We still assign a bigger part of the investments in India’s shares,” Global Cio Office said. He explained that Indian shares are a safer option in the medium term, with the support of good local growth and the possibility of diversification of supply chains away from China. India’s shares have recovered after the standard stock index fell by about 10% during the past two chapters. The wave of sale has come amid concerns about the slowdown in economic growth, high judgments and the continued exit of foreign investment. Optimism about the Indian stock market reached the net sales of foreign funds from local equities this year, and it is near the $ 17 billion record withdrawn in 2022. But relatively low assessments and optimism that the central bank will significantly reduce the interest rate to support the economy is one of the reasons some investors have resulted in moving to optimism. The decrease in crude oil – a large imported commodity in India – also helps to improve morale. The “Neifte 50” index is currently trading within the next 12 months on a double profitable 18.5 times for expected profits, compared to the average of five years 19.5 times, and a 21 times dual on the peak at the end of September, according to data collected by “Bloomberg”. India is less vulnerable to trading risks, Rag Agarawal, a strategic at the Societe General Bank: “India is not entirely reinforced, but it is in a relatively better position in light of the risks of a commercial war, due to the low direct dependence on the United States income, especially on the part of the property.” It is noteworthy that India represented only 2.7% of the total imports of the United States last year, compared to 14% for China and 15% for Mexico, according to data collected by “Bloomberg”.