Indian stock market, April 11 -- The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Friday, witnessing a gap-up beginning, despite weakness in global markets amid escalating tensions over US-China trade war and its economic fallout.
Asian markets slumped, while the US stock market ended sharply lower overnight, after a day of stellar rally. US President Donald Trump paused reciprocal tariffs for 90 days for those countries that didn't retaliate, while increasing tariffs on China.
The Reserve Bank of India (RBI) on Wednesday cut the repo rate by 25 basis points (bps) to 6% and changed its stance to 'accommodative'. The RBI also cut India's GDP growth projections for FY26 to 6.5% from 6.7% earlier.
Th...
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