Sensex, Nifty Set For Positive Start

From Nasdaq.: 2025-06-03 22:43:00

Indian shares are expected to open positively, boosted by strong U.S. labor market data and anticipation of an interest rate cut by the Reserve Bank of India. U.S. President Trump signed an executive order doubling tariffs on imported steel and aluminum. U.S. Treasury Secretary Bessent urged China to transition to a consumption-led economy to stabilize global economic imbalances. Benchmark indexes Sensex and Nifty fell, while the rupee declined against the dollar. Asian markets were mostly higher this morning, and U.S. stocks closed higher on better-than-expected job openings report. European stocks advanced after Eurozone inflation fell below target.



Read more at Nasdaq.: Sensex, Nifty Set For Positive Start