Sensex, Nifty Seen Higher At Open As Trump Extends EU Tariff Deadline
From Nasdaq: 2025-05-25 22:35:00
Indian shares are expected to open higher following positive cues from U.S. futures and Asian markets after President Trump extended the EU trade deal deadline. The RBI transferred a record Rs. 2.7 lakh crore dividend to the government. Economic data releases this week will provide insights into the recovery trajectory. Sensex and Nifty fell 0.7% last week on U.S. debt fears. Asian markets are mixed, with Japan and South Korea leading gains. Gold retreated, oil edged up, and the dollar index remained near a one-month low. U.S. stocks closed lower on Friday as Trump targeted the EU and Apple with tariff threats, causing the Nasdaq, S&P 500, and Dow to drop. European stocks also tumbled due to escalating trade tensions, with the STOXX 600, DAX, CAC 40, and FTSE 100 all declining.
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