India, March 3 -- Indian shares may drift lower on Tuesday against the backdrop of persistent FII selling, continuing uncertainty around tariffs and ongoing geopolitical tensions between Russia and Ukraine.
It is feared that U.S. President Donald Trump's "tariffs on steroids" agenda may keep inflation higher and could tip the global economy into recession.
Benchmark indexes Sensex and Nifty ended marginally lower on Monday despite positive signals from global markets and solid Q3 GDP data. The rupee closed slightly stronger at 87.37 per U.S. dollar.
Foreign institutional investors remained net sellers and offloaded shares worth Rs 4,788 crore on Monday while domestic institutional investors were net buyers of shares to the extent of Rs 8...