India, March 17 -- Indian shares closed higher on Monday after U.S. Treasury Secretary Scott Bessent said he is "not worried" about the recent market downturn and China announced plans featuring measures to boost wages and stabilize stock and real estate markets.
Trading was confined to a narrow range due to tariff worries and ahead of this week's highly anticipated monetary policy announcements by major central banks, including the Federal Reserve, the Bank of Japan and the Bank of England.
U.S. President Donald Trump told reporters aboard Air Force One that he has no intention of creating exemptions on steel and aluminum tariffs and that reciprocal tariffs will be imposed on April 2 alongside auto duties.
Riding on the back of positive...