Mumbai, Dec. 9 -- Indian stock markets opened in heavy selling mode on Tuesday after fresh remarks by US President Donald Trump indicating an additional 25 per cent tariff on rice imports into the United States.
The comments have dampened any anticipation of relief from the ongoing visit of a high-powered US trade delegation to India, further unsettling market sentiment.
The benchmark Nifty 50 index opened at 25,867.10, registering a decline of -93.45 points or (-0.36 per cent), while the BSE Sensex began the day at 84,742.87, down by -359.82 points or -0.42 per cent.
Experts observed that markets have entered oversold territory and may respond swiftly to any positive trigger.
Ajay Bagga, Banking and Market Expert, told ANI, "Indian m...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.