Indian markets rebounded modestly as IT and banking gains offset global risks. Nifty consolidates near key averages awaiting heavyweight earnings, while Bank Nifty outperforms. Analysts see range-bound action turning directional post-results, with IT, metals and banks favored in coming sessions.
US signals possible rollback of 25% tariff on India as Russian oil imports fall
The US has hinted at removing the additional 25% tariff on India after New Delhi sharply cut Russian oil imports. Treasury Secretary Scott Bessent said