New Delhi, Aug. 1 -- Indian stock markets continued to remain under pressure on Friday morning as US President Donald Trump signed an executive order imposing 25 per cent tariffs on India's exports to the US, effective from August 7.

The move has raised concerns about India's export outlook, as the US is one of the country's largest export destinations. The fresh round of tariffs has sparked fears that Indian products will become more expensive in the US market, making them less competitive compared to goods from other countries, potentially denting demand.

At the opening bell, the Nifty 50 index dipped by 33.45 points or 0.14 per cent to 24,734.90, while the BSE Sensex fell by 111.17 points or 0.14 per cent to 81,074.41.

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