Stock market today, Dec. 9 -- The Indian stock markets began the day under heavy selling pressure on Tuesday following new comments from US President Donald Trump, suggesting a potential 25% tariff on rice imports into the United States.
These remarks have diminished hopes for any relief during the ongoing visit of a prominent US trade delegation to India, causing further unease among investors.
The Nifty 50 index opened at 25,867.10, reflecting a decrease of -93.45 points or (-0.36%), while the BSE Sensex started the day at 84,742.87, down -359.82 points or -0.42%.
Analysts noted that the markets are currently in oversold territory and may react quickly to any positive developments.
Nifty 50 is approaching a crucial support zone, wit...
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