Indian shares may open lower after Trump threatened to raise tariffs on goods imported from India. The Ministry of External Affairs called the move unjustified. Markets could see volatility ahead of the RBI’s monetary policy decision. Sensex and Nifty rose on Monday, while the rupee fell against the dollar. FPIs sold shares worth Rs 2,566 crore, while DIIs bought shares worth Rs 4,386 crore. Morgan Stanley predicts Sensex to reach 89,000 by 2026. Asian markets traded higher, the dollar wavered, and gold edged up. Oil steadied after Trump’s tariff threat to India.
U.S. stocks rebounded after factory orders fell in June. The S&P 500, Nasdaq Composite, and Dow all rose. European stocks also bounced back after previous losses, with the STOXX 600, DAX, CAC 40, and FTSE 100 all gaining.
Read more at Nasdaq: Sensex, Nifty Set To Open Lower As Trump Again Threatens India With Harsh Tariffs
