Indian shares fall on renewed US tariff uncertainty; AI fears drag IT lower - Reuters
Indian shares fall on renewed US tariff uncertainty; AI fears drag IT lower Reuters
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<a href="https://news.google.com/rss/articles/CBMiugFBVV95cUxONG5NMjk3NS1yUFdYT2NaWXdzcWZ2dWlOaGoyOGpsOVJZYldyVWVKOXlvVjRsVTQwYV9XOE8teUo0ZnhsRWQtWDlzVnpwUEpaNDF1QXlqNk5rWVMzOG5MMmUzNzVmQ3RZVVpwTlJCRjdIQ1kwUTFuSXBkcGxWOWFOdVpzS0VDdmJYY0xGTnZMVVpNVEl2TVJENUZXTTRacWVic2pGSG8wT3RlWGJHdDF0aVZkOHBKRlRldHc?oc=5" target="_blank">Indian shares fall on renewed US tariff uncertainty; AI fears drag IT lower</a> <font color="#6f6f6f">Reuters</font>
India's benchmark indexes opened lower due to renewed uncertainty around U.S. President Donald Trump's tariff policy and persistent fears of AI-driven disruption affecting IT stocks.
The market capitalization of BSE-listed companies fell by over ₹5 trillion, primarily due to technology stocks and renewed tariff tensions.
Indian shares declined as risk sentiment soured on renewed uncertainty around U.S. President Donald Trump's tariff policy, while IT stocks declined on persistent fears of AI-driven disruption.
The Sensex fell over 500 points, while the Nifty slipped below the psychological 24,900 mark in early trade, mirroring global risk-off cues amid escalating concerns over steep US tariffs on Indian exports.
Indian benchmark indices fell over 1% on Tuesday, dragged down by a sharp sell-off in information technology stocks amid renewed concerns over artificial intelligence (AI)-led disruption and uncertainty surrounding U.S. tariff policies.
Indian benchmark indices declined over 1% on Tuesday, influenced by global market trends and concerns over U.S. trade policies, with the IT sector being particularly affected.
U.S. stocks tumbled on Monday, as ongoing fears of artificial intelligence-related disruption and the fallout from a U.S. Supreme Court ruling sent investors fleeing from high-risk equities.
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