Optimism grows in India over US trade ties, with the market's future relying on foreign investment trends; gold prices rose in Kerala, but a further global decline is expected.
There’s speculation that Trump may impose heavy tariffs on Chinese products, which could boost exports from India and also expecting more companies will shift their operations from China to India.
The Indian rupee remained largely unchanged against the dollar, opening at Rs 84.12, whereas in the global commodities market, gold prices dropped to $2,732
In addition to election uncertainty, the US Federal Reserve’s interest rate decision on Thursday will be another key factor influencing market sentiments
The auto, IT, pharma, healthcare, and FMCG sectors struggled yesterday, while the banks, financial services, real estate, metals, consumer durables, and oil and gas sectors saw gains