Colas added that as long as the market action, or the potential downside economic impact of tariffs, doesn't shift materially, his team "will remain bullish on US stocks," despite trade war concerns.
As per provisional closing, the S&P BSE Sensex, tumbled 312.53 points or 0.40% to 78,271.28. The Nifty 50 index fell 42.95 points or 0.18% to 23,696.30.
Chinese stocks fell as they returned from a week-long holiday and have been volatile through the session. That volatility was exacerbated by news that the US Postal Service is to temporarily suspend ...