Markets expected to open higher after US tariff pause, Indian tariffs on hold until July 9
From Nasdaq: 2025-04-10 22:29:00
Indian shares are expected to open higher after Trump delays new tariffs for 90 days, but raises duties for China. India faces a baseline tariff of 10 percent. Additional tariffs on India suspended until July 9. Sensex and Nifty fell half a percent on Wednesday. Rupee falls to 86.69 against the dollar. Foreign investors sold Rs 4,358 crore in shares, while domestic institutions bought Rs 2,976 crore. Asian markets lower on U.S.-China trade war fears. Bonds drop, dollar weakens, gold sets new high. U.S. stocks end lower after temporary tariff relief. European shares surge after 90-day tariff delay.
Read more at Nasdaq: Sensex, Nifty To Open Sharply Higher After US Tariff Pause
