From Nasdaq.: 2025-06-02 00:20:00

Indian shares opened lower due to concerns over global trade tensions, with Trump announcing plans to double tariffs on steel and aluminum imports to 50 percent. Escalating Russia-Ukraine tensions also weighed on investor sentiment. The Sensex fell 0.9 percent, while Nifty dropped 0.8 percent. Tech Mahindra, HCL Technologies, and HDFC Bank saw declines of around 2 percent, Tata Motors fell 1 percent on lower May sales, and Dr. Reddy’s Labs dropped 1 percent due to a patent infringement suit. EaseMyTrip reported a 59 percent decline in Q4 net profit, while Apollo Hospitals rose 2.3 percent amid plans to sell its maternity unit.



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