💨 Abstract

The Indian stock indices closed lower on April 3 due to US reciprocal tariffs imposed on partner countries, including India. The Nifty 50 declined by 0.35%, while the Sensex decreased by 0.42%. The primary catalyst for the decline was deteriorating global sentiment, exacerbated by US President Trump's announcement of a 27% reciprocal tariff on Indian imports.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖