India, July 24 -- Indian shares fell notably on Thursday as investors fretted over stalled India-U.S. trade deal, slowing earnings growth and recent selling by foreign portfolio investors.
With U.S. President Donald Trump announcing trade deals with several countries, it remains uncertain whether the 26 percent reciprocal tariff announced for India will come into effect from August 1, or will this deadline be extended.
As of now, an India-U.S. trade deal remains elusive due to disagreements on agriculture and diary.
The benchmark BSE Sensex fell 542.47 points, or 0.66 percent, to 82,184.17, dragged down by banking and IT stocks post their Q1 results.
The broader NSE Nifty index closed down 157.80 points, or 0.63 percent, at 25,062.10, w...