Indian shares expected to open lower, influenced by U.S. tariffs and global market trends.
From Nasdaq: 2025-03-06 21:33:58
Indian shares are expected to open lower due to uncertainty surrounding U.S. tariffs, potentially leading to $7 billion annual losses for India’s export sectors. Asian markets are mostly lower, but Chinese Finance Minister Lan Fo’an has stated that the government has tools to address challenges. The rupee fell against the dollar, foreign investors offloaded shares, and domestic investors were net buyers. U.S. stocks fell, with the Nasdaq in correction territory, while the trade deficit widened to a record high. European stocks ended mixed after the ECB reduced interest rates.
Read more at Nasdaq: Sensex, Nifty Likely To Follow Global Peers Lower