Expect Pain today guys! The Tariff war has begun to a roug start. Any positive sentiment from the budget, wont survive

Asian Markets have been butchered from 5am onward. The Nekkei, Topix, Hang Seng, Taiwan etc. Are all down from 2-4% Good luck 👍 Edit: Hong Kong Markets (Hang Seng) are showing some surprising recovery. Best case scenario, Indian markets may bounce from an initial slump in te second half of the day, or tomorrow. Since tariffs are not targetted directly at us. Edit 2: The spike in the DXY just shows how powerful American economic decisions can be. They started a trade war with 3 countries, decimated the currencies of Mexico and Canada and yet the dollar still became more powerful globally. I didn't expect that tbh..the tariffs were supposed to weaken the dollar, and give a boost to Gold. It could also be a temporary spike..only time will tell. Edit 3: Market is still in the works for a mid day recovery. Even if that doesn't suffice, its clear that the market will atleast do a K-Shape recovery after the budget..with Consumption stocks (FMCG, Durables, Consumer discretionary and Consumer services) bound to do well. If you are a stock picker for trading or investing purposes..focus solely on these sectors. Maybe diversify into healthcare, agri and shipbuilding to ofset secyor risks, if you're a longer term investor. Traders can afford to go balls deep in consumption.