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Ep-1014 | Daily Money Show | Stock Market News Today

56.3K views · Mar 05, 2025 · 23:29 min · Watch on YouTube ↗
Takeaway

Markets bounced on hopes Trump will roll back Mexico/Canada tariffs; Indian textile exporters set to benefit from higher China tariffs.

Summary

  • Sensex up 740 pts to 73,730; Nifty up 254 pts to 22,337; mid/small caps up 2.5-2.6%.
  • US Commerce Secretary Lutnick suggested Trump may roll back 25% tariffs on Canada and Mexico — markets recovered on negotiation hopes.
  • Trump also imposed additional 10% tariff on China, creating opportunity for Indian textile exporters as Chinese exports become costlier.
  • Textile Ministry planning meeting with industry stakeholders to ramp up domestic capacity for US export orders — positive for Gokaldas Exports.
  • Trent (Tata) caused confusion when Westside store count appeared to jump from 238 to 269 (technical glitch); actual count is 240 — modest addition only.
Trump tariffstextilesTrent
Original description
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Team Money Purse

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03:52 Textile Stocks News
05:25 Trent's Clarification
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