Indian shares open lower as tensions rise due to Trump's new tariffs on Chinese imports

From Nasdaq: 2025-04-09 00:40:00

Indian shares opened slightly lower on Wednesday as tensions between China and the United States escalated with a 104 percent tariff on Chinese imports. President Trump’s reciprocal tariffs on all countries are also set to take effect today. The S&P/BSE Sensex was down 0.5 percent, while the NSE Nifty index dropped 0.7 percent. Technology stocks like TCS and Infosys fell 2-4 percent, while Power Grid Corp saw a 3 percent gain. Other stocks like Asian Paints and Nestle India were up around 1 percent amidst the market turmoil.



Read more at Nasdaq: Sensex, Nifty Open Lower As Trump’s New Tariffs Go Into Effect