Sensex, Nifty Open Lower; IT And Auto Stocks Drag
From Nasdaq: 2025-04-03 00:21:00
Indian shares dipped slightly after President Trump announced a 26 percent reciprocal tariff on India, with exceptions for certain minerals. Investors are also anticipating a possible 25 basis points cut in the policy repo rate during the RBI meeting. The Sensex was down 0.4 percent at 76,286, while the Nifty index fell 0.4 percent to 23,252. Tata Motors, HCL Technologies, and others declined, while Sun Pharma and NTPC were among the top gainers, with Sun Pharma jumping over 5 percent.
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