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Global financial markets are grappling with heightened volatility as a series of economic and geopolitical events unfold. From trade tensions and inflation worries to shifting monetary policies, investors worldwide are navigating a period of uncertainty. The latest blow came from U.S. President Donald Trump’s decision to impose 25% tariffs on imports from Canada and Mexico, effective immediately. This move triggered a sharp sell-off on Wall Street, with the S&P 500 falling 1.8%, the Dow Jones Industrial Average dropping 649 points (1.5%), and the Nasdaq Composite plunging 2.6%. Beyond the U.S., Asian and European markets also reacted, reflecting concerns about trade disruptions, slowing growth, and inflationary pressures.

The Indian stock market has endured a turbulent February, marking its worst losing streak in nearly three decades. Investors who, just a few months ago, were riding high on record-breaking market rallies have now witnessed a significant downturn. Since hitting its all-time peak of 85,978 in September, the Sensex has plunged 12,780 points, a decline of nearly 15%. Meanwhile, the Nifty has fallen 16% from its record high of 26,277.35.

The Indian wires and cables industry has been rattled by a major development. On February 25, 2025, UltraTech Cement, a key player in the Aditya Birla Group, announced its entry into the sector with a substantial ₹1,800 crore investment. This move aligns with the company’s vision to expand as a full-scale building solutions provider. However, the news has triggered a sharp market reaction, causing notable stock volatility among established industry players.