India, July 14 -- Indian shares were subdued in early trade on Monday, with IT stocks pacing the declines.
A cautious undertone prevailed after U.S. President Donald Trump on Saturday threatened to impose a 30 percent tariff on imports from Mexico and the European Union starting on Aug 1, even as they are locked in long negotiations.
The benchmark S&P/BSE Sensex was down 270 points, or 0.3 percent, at 82,229 in early trade while the broader NSE Nifty index dropped 62 points, or 0.2 percent, to 25,088.
Among the prominent decliners, Bharti Airtel, Bajaj FinServ, Tech Mahindra Infosys and Bajaj Finance declined 1-2 percent.
HCL Tech, Tata Tech and Ola Electric Mobility fell between half a percent and 1 percent ahead of their first quarter...