India, July 28 -- Indian shares are seen opening lower on Tuesday after several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.
Closer home, market watchers firmly believe that a mini or an interim trade deal between the United States and India is unlikely ahead of the U.S. tariff deadline set to take effect later this week.
There's considerable uncertainty over whether India will face higher tariffs from August or if U.S. President Donald Trump will extend the deadline once more.
Benchmark indexes Sensex and Nifty fell around 0.7 percent and 0.6 percent respectively on Monday after weak earnings from Kotak Mahindra Bank and TCS' layoff announcement. The rupee settled 15 paise lowe...