Trade Jitters Cause Sensex, Nifty to Dip Slightly

Indian shares were subdued as President Trump targeted six additional countries with new import duties, causing the benchmark indexes to dip slightly. Automakers like Tata Motors and Mahindra & Mahindra were down, while Tata Consultancy Services and Tata Elxsi were preparing for Q1 results. Dr Reddy’s Laboratories fell after going ex-dividend, and NCL Industries reported a decline in cement production. Indosolar jumped on news of a stake sale, while RailTel Corporation of India received a work order worth Rs 17.5 crore. Blue Dart Express gained after launching a Rakhi Express Campaign with discounts for festive shipments.

Read more at Nasdaq: Sensex, Nifty Subdued On Trade Jitters