Indian shares may open lower as Trump’s 50 percent tariffs on Indian goods take effect. U.S. Treasury Secretary remains hopeful for improved ties. Markets closed for Ganesh Chaturthi, Sensex and Nifty fell over 1 percent on Tuesday. Rupee dropped by 12 paise to 87.68 against the dollar. FIIs sold shares worth Rs. 6,516.49 crore, while DIIs bought Rs. 7,060.37 crore. Asian markets mixed, Treasuries retreat, dollar index falls. Oil and gold prices fluctuate. U.S. stocks close higher, S&P 500 hits record high. European markets mixed amid French political crisis.

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