GIFT Nifty Surges Following US Supreme Court's Rejection of Trump Tariffs

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

GIFT Nifty Soars as US Supreme Court Strikes Down Trump Tariffs

GIFT Nifty Soars as US Supreme Court Strikes Down Trump Tariffs

C

CNBC TV18•20-02-2026, 22:30

GIFT Nifty Soars as US Supreme Court Strikes Down Trump Tariffs

•GIFT Nifty surged nearly 250 points after the US Supreme Court ruled against President Donald Trump’s tariff measures.
•The court, in a 6-3 ruling, held that the International Emergency Economic Powers Act (IEEPA) does not authorize tariff imposition.
•The judgment is expected to halt a significant portion of tariffs announced last year, including those on India for Russian oil purchases.
•Justice Kavanaugh's dissent mentioned duties on India and the use of tariffs as leverage in trade negotiations.
•US equities reacted positively, with S&P 500, Dow Jones, and Nasdaq Composite all showing gains.

Read Full Article on Cnbc in English

✦

More like this

✦

More like this

Trump’s 15% Global Tariff Order May Weigh on Indian Export Stocks

GIFT Nifty Jumps 172 Points Amid Trump Tariff Turmoil, Strong Start Expected

Indian Prime Minister Narendra Modi gestures during a joint press conference with U.S. President Donald Trump at the White House in Washington, D.C., U.S., February 13, 2025. REUTERS/Kevin Lamarque

SCOTUS Tariff Setback Cuts India's US Duty to 11-13%, Boosts Trade Deal Reset

FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo

Dow Jones Plunges 800 Points as Trump Announces 15% Global Tariff Hike

FILE PHOTO: U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. REUTERS/Carlos Barria/File Photo

Trump Tariffs Cut to 10% for Indian Goods After US Supreme Court Ruling

डोनाल्ड ट्रंप को झटके पर भारत ने तोड़ी चुप्पी, पहले करेगा कानूनी समीक्षा. (Image:AI)

India Cautious on US Tariff Ruling, Awaiting Washington's Next Move

Prime Minister Narendra Modi and China's President Xi Jinping shake hands during the welcome ceremony of the Shanghai Cooperation Organization (SCO) summit in Tianjin. File image/AFP

US Supreme Court Strikes Down Trump's Emergency Tariffs: India, China Among Key Beneficiaries