Mumbai, Aug. 28 -- Indian stock markets opened in the red on Thursday as the 50 per cent tariffs on Indian imports came into effect, denting investor sentiment.
Both the benchmark indices, Nifty 50 and Sensex, remained under pressure through the opening session.
The Nifty 50 index began the day at 24,695.80, marking a decline of 16.25 points or 0.07 per cent. Similarly, the BSE Sensex opened at 80,754.66, down by 31.88 points or 0.04 per cent.
Market experts noted that the immediate impact of tariffs has weighed on confidence, though upcoming reforms and policy measures by the government may provide support in the near future.
Ajay Bagga, Banking and Market Expert, told ANI, "Today, being the monthly expiry and the tariff implementati...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.