Nirmala Sitaraman: ‘Indian market shows resilience amid global challenges’, says Finance Minister

New Delhi| India’s financial markets have shown remarkable resilience despite recent global uncertainties. Finance Minister Nirmala Sitharaman said this in a BSE program. The Finance Minister said that due to increase in protectionist policies, there is a possibility of disruption of global supply chain and increase in production costs. He said that in the current circumstances, it is very challenging to bring global trade back on track, but we are committed to addressing disruptions with policy reforms and long-term investment.

The Finance Minister made this comment on the increasing global trade war
Amid the growing global trade war, Sitharaman said the government’s focus will be on building a strong domestic base. “We will tackle global disruptions with policy changes and long-term investment”, he said at an event marking 150 years of BSE. Efforts to rebalance trade are very challenging” The minister said India’s financial markets have shown remarkable resilience despite recent global uncertainties and appreciated the confidence of retail investors in the markets.

DIIs are no longer playing a supporting but major role in the market: Sitharaman
He said that domestic institutional investors (DIIs) are no longer playing a supporting but major role in the Indian markets. It introduces the growing maturity and depth of India’s capital market. There has been turmoil in the stock markets globally since US President Donald Trump announced the imposition of tariffs on most countries including India earlier this month. There was some improvement in the markets after the US government announced a 90-day moratorium on the implementation of reciprocal tariffs.