<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Markets open lower dragged by IT stocks on tariff worries</title>
    <link>https://www.taxtmi.com/news?id=39271</link>
    <description>Uncertainty over reciprocal tariffs slated for announcement prompted early-session declines led by the information technology sector, as investors re-priced cross-border risk to revenues and supply chains. The market reaction combined recent foreign institutional flows, short-covering dynamics that had buoyed a prior rally, and sectoral dispersion with financial and infrastructure names showing selective strength. Future market direction will depend on the tariffs&#039; detailed scope and sectoral impact.</description>
    <language>en-us</language>
    <pubDate>Tue, 01 Apr 2025 10:16:02 +0530</pubDate>
    <lastBuildDate>Tue, 01 Apr 2025 10:16:02 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=810699" rel="self" type="application/rss+xml"/>
    <item>
      <title>Markets open lower dragged by IT stocks on tariff worries</title>
      <link>https://www.taxtmi.com/news?id=39271</link>
      <description>Uncertainty over reciprocal tariffs slated for announcement prompted early-session declines led by the information technology sector, as investors re-priced cross-border risk to revenues and supply chains. The market reaction combined recent foreign institutional flows, short-covering dynamics that had buoyed a prior rally, and sectoral dispersion with financial and infrastructure names showing selective strength. Future market direction will depend on the tariffs&#039; detailed scope and sectoral impact.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Tue, 01 Apr 2025 10:16:02 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=39271</guid>
    </item>
  </channel>
</rss>