How did Indian market respond as Trump announces new 10% tariffs on India?
The Indian market tumbled on Friday as US President Donald Trump announced fresh 10% tariffs on Indian exports. Sensex opened nearly 800 points lower, and Nifty opened 222 points lower before both indices recovered slightly. All Nifty sectoral indices, except IT index, were in the red at around 9:30 am, with IndiGo, Eternal and Bharti Airtel being the top losers.