Indian markets expected to open lower after missile strikes on Pakistan, tension rising
From Nasdaq: 2025-05-06 22:39:00
Indian shares are expected to open lower following missile strikes on terrorist sites in Pakistan. Pakistan’s Prime Minister vows to retaliate. Trade uncertainty and caution ahead of the Federal Reserve’s policy decision add to investor worries. U.S. Senators push for accountability at the Fed. Textile, apparel, and AlcoBev companies in focus after UK-India trade deal. Rupee falls due to India-Pakistan tensions. Asian stocks rise on US-China trade talks. China cuts key policy rate and reserve requirement ratio. Dollar strengthens, gold falls, oil prices increase. US stocks decline on Trump’s tariff threats and trade remarks. Dow, Nasdaq, and S&P 500 all fall. European stocks close lower on central bank meetings and trade policy concerns. German DAX and France’s CAC 40 decline, UK’s FTSE 100 ends higher.
Read more at Nasdaq: Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases
