CEAT LTD : Short Term Trading View And Some Words On Tyre Stocks

CEAT LTD: cmp 1611 The tyre stocks had been in an upswing before the recent Trump Tariff Tantrum correction set off in markets. However after about couple of months in that, it looks like we are all set to see new buying and upmoves in selected sectors again. One of them seems to be tyre stocks. They have got the push to get out of the correction or consolidation by the falling rubber prices, the decision of Indian government to levy import...

Possible Vulnerability To Indian Exports By Trump Tarriff Tantrums. USA Sues In WTO

 Indian exports up to $5.6 billion could be hit as the US pressures India for greater market access by declaring a review of the generalized system of preferences (GSP) through which Indian exporters get preferential market access to the US. The GSP programme allows duty-free entry of 3,500 products from India, which benefits exporters of textiles, engineering, gems and jewellery and chemical products. The total US imports under GSP in 2017...