From Nasdaq: 2025-06-01 22:30:00

Indian shares may face pressure due to Trump’s plan to double import tariffs on steel and aluminum. While India may not be directly impacted, global trade sentiment could suffer. The Indian economy grew at 7.4 percent in Q4 of FY 2024-25, surpassing earlier estimates. Asian markets were mostly down, with Chinese manufacturing contracting for a second month. Gold held steady above $1,300 per ounce, oil prices rose over 2 percent due to geopolitical tensions. US stocks ended mixed on Friday amid stalled trade discussions with China. European stocks closed mostly higher on hopes of ECB rate cuts.



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