India, Aug. 28 -- Indian stock market opened lower on Thursday, August 28, owing to the additional 25 per cent tariffs on India by the Donald Trump-led US administration that took effect on Wednesday, when the stock market was closed on account of Ganesh Chaturthi.

On Tuesday, Nifty and Sensex both fell about one per cent, their sharpest single-day percentage drop in three months, according to figures in a Reuters report.

Gift Nifty futures were trading at 24,665.5 points as of 7:31 am on Thursday, signalling that the Nifty 50 will open below Tuesday's close of 24,712.05.

Trump's 25 per cent additional tariffs on Indian imports over Russian oil purchase kicked in on Wednesday, August 27, officially doubling the total India duties to 50...