Export Stocks Tumble: Gokaldas Exports Plummets 53% Amid US Policy Jitters

• Gokaldas Exports shares plummeted 13% on Jan 8, marking its biggest single-day drop in 6 years, now 53% down from its all-time high.
• The decline is attributed to uncertainty over US trade policies, tariffs, and potential sanctions, impacting companies heavily reliant on the American market.
• Other export firms like Avanti Feeds, Pearl Global Industries, and Apex Frozen Foods also saw shares fall due to US-related risks.
• US Senator Lindsey Graham's statements on a Russia Sanctions Bill, potentially imposing 500% tariffs, have heightened investor concerns.
• Many Indian export companies derive 50-70% of their earnings from the US, making them vulnerable to policy changes, despite diversifying to markets like the EU.

Why It Matters: US policy uncertainty triggers major stock crash for Indian export companies, led by Gokaldas Exports.