Market Expert Ajay Bagga Reacts to Trump's 'Reciprocal Tariff Break' Announcement

Market expert Ajay Bagga believes Trump's decision to ease Reciprocal Tariffs, introducing exceptions and reducing their broad impact, has sparked a global relief rally. However, he notes that market sentiment remains cautious, with April 2nd seen as a crucial date for global trade developments.

Regarding India, Bagga points out that while strong domestic factors and improving global sentiment are providing resilience, the country's trade relationship with the U.S. remains significant. Whether Trump will extend favorable trade terms to India or if ongoing negotiations lead to a mutually beneficial deal remains uncertain, but the outcome could heavily influence market confidence.