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China hits back! Dollar tanks | D-Street cheers, Nifty adds ₹7.7 L cr

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April 12, 2025
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China hits back! Dollar tanks | D-Street cheers, Nifty adds ₹7.7 L cr
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In this episode of Two Sharp with ET, we decode the global market chaos triggered by China’s tariff retaliation. Beijing slaps 125% duties on U.S. goods, sending the dollar to multi-year lows and gold to record highs. Meanwhile, a 90-day U.S. tariff pause boosts Indian markets — with the Nifty soaring nearly 2% and ₹7.7 lakh crore added in investor wealth. Will China’s move deepen the trade war? Can India sustain this rally?Nisha Poddar explains.

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Tags: Addsbusiness newsCheersChinadollardollar index fallDStreeteconomic timeseconomy newsETET Marketsgold price recordHitsNiftynifty rallysensex todayTanksUS-China trade war
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