India, April 10 -- Indian shares look set to open on a buoyant note Friday after U.S. President Donald Trump abruptly announced a 90-day pause on new "reciprocal tariffs" on most countries, but raised duties for China, making Beijing increasingly isolated for its "lack of respect" shown to world's markets. However, all other countries face a baseline tariff of 10 percent.
Additional tariffs on India have been suspended until July 9 this year, according to the White House executive orders.
Indian markets were closed on Thursday on the occasion of Shri Mahavir Jayanti.
Benchmark indexes Sensex and Nifty fell around half a percent each on Wednesday, tracking weak cues from global markets amid global tariff tensions.
The rupee fell by 43 pa...