Mumbai, Aug. 28 -- GIFT Nifty:

GIFT Nifty August 2025 futures were currently trading 29.00 points (or 0.12%) higher, suggesting that the Nifty 50 could open with some gains today.

Trump Tariffs:

President Trump's secondary U.S. tariffs of 25% on Indian shipments kicked in Wednesday, pushing overall duties on the country's exports to 50%.

A global research house has reportedly stated that the risks to growth for the Indian economy have naturally become more real.

India's top exports to the U.S., which are electrical machinery as well as gems and jewelry, face the largest tariff increases, the report stated. Trade talks between the Indian and U.S. delegations, however, are expected to continue.

Institutional Flows:

Foreign portfolio ...