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Indian Markets React to US Tariff
Indian stock markets opened lower following the U.S. tariff announcement. The Nifty 50 dropped 0.60% to 23,192.40, while the BSE Sensex declined 0.61% to 76,153.68. However, the pharmaceutical sector surged, with Dr. Reddy’s gaining 6% and Gland Pharma rising 12% due to its exemption from tariffs. Investors remain cautious as the trade impact unfolds. Stay updated on market trends and financial news.
