Textile stocks trade mixed as Gokaldas slips 4%, Kitex rallies 11% on US Supreme Court tariff verdict
Textile stocks saw mixed trading as US tariff uncertainties persisted. While some companies like Kitex Garments surged, others faced declines. President Trump's revised global tariffs, invoked under a rarely used trade provision, are set to take effect soon. Meanwhile, a crucial India-US trade negotiation meeting has been rescheduled.
Textile stocks saw mixed trading as US tariff uncertainties persisted. While some companies like Kitex Garments surged, others faced declines. President Trump's revised global tariffs, invoked under a rarely used trade provision, are set to take effect soon. Meanwhile, a crucial India-US trade negotiation meeting has been rescheduled.