Mumbai, Feb. 10 -- Indian stock markets opened flat on Monday, balancing the rate cut effect and the Donald Trump threat of tariffs on aluminum and steel imports to the US.
Nifty 50 opened at 23,543.80 points with a decline of 16.15 points or 0.07 per cent, while BSE Sensex declined by 70.89 points or 0.09 per cent to open at 77,789.30.
Experts stated that the markets remained flat after settling the RBI rate cut, but now Trump's threat of tariffs on key metals has again put pressure on markets, posing risks to global trade.
Ajay Bagga, Banking and Market experts told ANI "RBI rate cut was a welcome move, but markets did not appreciate the hawkish undertone at the press conference which defended the retention of a "Neutral" policy stan...
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