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Markets continue to rally for second day on positive global trends
The Hindu
Extending its previous day’s rally, the 30-share BSE Sensex climbed 282.88 points or 0.44% to settle at 64,363.78
Mumbai
Equity benchmark indices Sensex and Nifty ended with gains on November 3 in line with positive trends in global markets.
Extending its previous day's rally, the 30-share BSE Sensex climbed 282.88 points or 0.44% to settle at 64,363.78. During the day, it jumped 454.29 points or 0.70% to 64,535.19.
The Nifty went up by 97.35 points or 0.51% to 19,230.60.
Among the Sensex firms, Titan, Tech Mahindra, Tata Motors, JSW Steel, ICICI Bank, Infosys, State Bank of India, and Sun Pharma were the major gainers.
Bajaj Finserv, IndusInd Bank, Nestle, Tata Steel and Bajaj Finance Bank were the major laggards.
In Asian markets, Seoul, Shanghai and Hong Kong settled with gains.
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The U.S. President’s economic and tariff policies and measures to secure his country’s borders may seem justified in terms of promoting his nation’s interests but have wider ramifications not only for Americans themselves, but also for the rest of the world. His tariff proposals will result in supply chain disruptions, lead to market and currency volatility, disrupt capital and trade flows, contribute to inflation and cause a decline in world trade and economic growth, worsening the plight of the poor, especially in developing economies.