Trump Tariff Block: Analyst Bullish on TCS, L&T, Bajaj Auto
The recent decision by a US court to block President Trump’s tariff orders has sent shockwaves through the global trade community. The reversal is a significant development, and investment advisor Adarsh Nimborkar believes it could be a game-changer for Indian exporters. In an exclusive interview, Nimborkar shared his insights on the potential impact of this decision and identified a few Indian stocks that could benefit from this development.
For those who may be unaware, the Trump administration had imposed tariffs on imported steel and aluminum products, citing national security concerns. The move was widely criticized by several countries, including India, which had been exempt from the tariffs initially. However, the exemption was later withdrawn, leading to a rise in import duties for Indian companies.
The US court’s decision to block the tariffs has created a new landscape for Indian exporters. Nimborkar, who has been following the development closely, believes that this could lead to a significant increase in demand for Indian goods in the US market. “This is a huge relief for Indian exporters, who were facing significant challenges due to the tariffs,” he said. “The reversal of the tariffs will not only reduce the cost of exports but also increase the competitiveness of Indian goods in the global market.”
So, which Indian stocks could benefit from this development? According to Nimborkar, several stocks are likely to gain from the reversal of the tariffs. One of the stocks he is bullish on is TCS, India’s largest IT services company. “TCS has a significant presence in the US market, and the reversal of the tariffs will lead to an increase in demand for its services,” he said. “The company’s exposure to the US market is likely to benefit from this development, and we could see a significant increase in its stock price.”
Another stock that Nimborkar is bullish on is Bajaj Auto, India’s largest two-wheeler manufacturer. “Bajaj Auto has a significant presence in the global market, and the reversal of the tariffs will lead to an increase in demand for its products,” he said. “The company’s exposure to the US market is likely to benefit from this development, and we could see a significant increase in its stock price.”
L&T, India’s largest engineering and construction company, is also likely to benefit from the reversal of the tariffs, according to Nimborkar. “L&T has a significant presence in the infrastructure sector, and the reversal of the tariffs will lead to an increase in demand for its services,” he said. “The company’s exposure to the US market is likely to benefit from this development, and we could see a significant increase in its stock price.”
Sun Pharma, India’s largest pharmaceutical company, is also likely to benefit from the reversal of the tariffs, according to Nimborkar. “Sun Pharma has a significant presence in the global pharmaceutical market, and the reversal of the tariffs will lead to an increase in demand for its products,” he said. “The company’s exposure to the US market is likely to benefit from this development, and we could see a significant increase in its stock price.”
In addition to these stocks, Nimborkar also believes that the reversal of the tariffs will have a positive impact on the overall Indian economy. “The reversal of the tariffs will lead to an increase in exports, which will have a positive impact on the overall economy,” he said. “This could lead to an increase in economic growth, which will benefit the entire economy.”
In conclusion, the reversal of Trump’s tariff orders is a significant development that could have a positive impact on Indian exporters. The decision could lead to an increase in demand for Indian goods in the US market, which could benefit several Indian stocks. TCS, Bajaj Auto, L&T, and Sun Pharma are some of the stocks that could gain from this development, according to investment advisor Adarsh Nimborkar.
