Live: Trump doubles tariffs on India, are we headed for a muted start? | Opening Bell
Автор: moneycontrol
Загружено: 2025-08-06
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The US has slapped a 25 percent tariff on Indian goods, effectively doubling the levy to 50 percent — a move that rattled investor sentiment. The Nifty slipped below the 24,600-mark after the RBI held rates steady, offering no fresh trigger for the markets. Barring PSU Banks, all sectoral indices ended deep in the red, with Pharma, IT, and Realty stocks emerging as the worst hit. The broader market remained under pressure, with both Midcap and Smallcap indices continuing to underperform. All eyes are now on Titan, which is set to announce its Q1 results today. This morning, global cues were mixed. US markets were higher overnight after US President Donald Trump announced 100 percent tariffs on chips and semiconductors if companies are not building in the US. Asian markets were also mixed this morning. Catch Lovisha Darad in conversation with Chandan Taparia, Senior Vice President, Head - Derivatives & Technical Research, Motilal Oswal and Daljeet Singh Kohli--Head -Equity, Roha Asset Managers LLP.
#stockmarket #sharemarket #bse #nse #sensex #nifty #openingbell
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