Indian stock markets closed lower in the final session of the fiscal year, influenced by concerns over potential U.S. tariffs. Investors remained cautious as trade tensions continued to weigh on market sentiment, prompting a decline in key indices.
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India is reportedly considering a significant reduction in tariffs on over half of its imports from the U.S. This move aims to bolster its export competitiveness amid ongoing trade tensions and is seen as a strategic effort to enhance bilateral economic ties.
India’s trade minister is set to visit the US for crucial discussions as looming tariffs from the Trump administration threaten to impact bilateral trade. Officials stress the importance of dialogue to mitigate potential economic fallout.
Shares of IndusInd Bank fell recently despite assurances from CEO Sumant Kathpalia that the bank’s quarterly profit remains on track. The decline has raised concerns among investors regarding potential accounting discrepancies.
India is grappling with a political rift as Prime Minister Modi’s proposal to redraw electoral constituencies faces backlash, particularly from the southern states. Critics argue the plan threatens regional representation and exacerbates existing disparities.
India’s Nifty Index has recorded its longest monthly losing streak since 1996, signaling a concerning trend for investors. Meanwhile, midcap stocks have confirmed a bear market, reflecting broader economic challenges as market volatility continues to rise.
India’s GDP growth is projected to have rebounded in the October-December quarter, fueled by increased government spending, according to a Reuters poll. Analysts expect this fiscal boost to enhance economic resilience amid global challenges.
Indian shares fell amid rising concerns over US economic growth and a significant foreign sell-off. Investors reacted to shifting global market dynamics, prompting broader declines across key sectors, heightening caution among traders.