Textile exporters tumbled as Trump hiked US tariffs on Indian goods to 50%, citing India's Russian oil trade. Kitex hit lower circuit, while Gokaldas and Pearl Global fell over 2%. SEBI analysts warned of high US exposure risk, with Kitex drawing 90% revenue from the US. Manufacturing pauses were reported in Tiruppur, Noida, and Surat.
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10:06 am on
07 Aug