Markets Open Flat Amid Trade Tensions and RBI Policy Anticipation
Global markets opened cautiously as renewed trade threats from former U.S. President Donald TRUMP and anticipation of India's monetary policy decision created headwinds. The benchmark Sensex slipped 0.07% while Nifty 50 declined 0.09% in early trading, reflecting investor unease.
Pharmaceutical and tech stocks faced particular pressure after Trump's tariff warnings targeting chip and drug imports. "These protectionist measures could significantly impact Indian IT and pharma sectors," noted Prashanth Tapse of Mehta Equities. Market performance remained mixed, with Adani Ports and Bharti Airtel leading gains while healthcare stocks lagged.