New Delhi: US President Donald Trump announced the Liberation Day of the United States on Wednesday at the Rose Garden of the White House on Wednesday. With this, he announced mutual announcement in 60 countries, including India, globally. Trump has levied 26% tax on India. After Trump's announcement, shares of IT companies in India fell on Thursday. Shares of big and major companies like infosys, TCCs, Wipro collapsed. Donald Trump's decision to impose a rescue tariff has led to a sharp decline in NASDAQ futures. This resulted in a negative impact on the Indian market. This led to the biggest fall in the Nifty IT index.
In addition, shares of IT companies fell from 9% to 6.5% respectively in midcaps like Persistent Systems (Persistent Systems) and Coforge. Also the shares of enfosys (infosys) and KPIT Tech (KPIT Tech) came down from 4 to 5%. The most damaged Oracle Financial is a decline of 40%.
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One day after Donald Trump announced the tax, the Nasdaq Futures came down to 600 Akas on Thursday morning (April 03), which fell more than 3%. The fall remained so, the tax stock index can fall down to 17 thousand petals.
Donald Trump has imposed 26% mutual charges on India. But no charge has been made directly to India's IT sector. According to the Annexure of the White House, 27% of the tax on the IT sector has actually been imposed. This is likely to have a big adverse effect on the revenue of the Indian IT company.
According to information given by the JP Morgan Brokerage firm, the Nifty IT index fell 17% in 2025. This has led to the negative factor prices. If there are currently priority for investing in these shares of Koforge, Enfoshi and KPIT Tech, it is advisable to avoid investing TCS, Wipro, HCltech and TATA technologies. TCCs will announce the results of the March quarter by April 10. At present, investment door is monitored.
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