Up to 33% monthly fall, battered & bruised IT, auto, pharma stocks have a Trump hand
- Posted on March 3, 2025
- By Business News Today
- 2 Views
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Up to 33% monthly fall, battered & bruised IT, auto, pharma stocks have a Trump hand
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In February 2023, the Nifty saw its steepest fall since the Covid pandemic, dropping 6%. IT, auto, and pharma stocks faced significant declines due to fears of US economic slowdown, Tesla entering India, and potential trade tariffs. IT stocks experienced the largest losses, with the Nifty IT index down by 11%.