US President Trump announced a significant reduction in tariffs on Indian goods, lowering them from 25% to 18%. This move, linked to India’s agreement to halt Russian oil purchases, is expected to strengthen the rupee and boost Indian stocks. Strategists anticipate positive impacts across various asset classes and export-oriented sectors.
Adani Green among 2 stock recommendations for Monday
Domestic equities ended flat on Friday as MPC matched market expectations, while supportive measures announced by the RBI Governor helped strengthen the rupee.