India, April 1 -- Indian shares look set to open on a cautious note Wednesday as uncertainty prevails over the size and the scope of new U.S. tariffs to be announced later in the day.
As the clock counts down, market participants are waiting to see whether the 'Liberation Day' will mark the end around tariff uncertainty or introduce even more uncertainty, hurt sentiment and trigger further downfall.
Benchmark indexes Sensex and Nifty fell around 1.8 percent and 1.5 percent, respectively on Tuesday to extend losses for a second straight session, with tech stocks and banks leading losses.
Foreign institutional investors (FIIs) remained net sellers for the second consecutive session on Tuesday, offloading shares worth Rs 5,901 crore, while ...