Indian shares dip as financials drag
The Nifty 50 fell 0.35% to 25,453.40 and the Sensex slipped 0.34% to 83,409.69.
President Donald Trump said on Tuesday the US was close to finalising a trade agreement with India, which could help the country avoid a 26% reciprocal tariff announced in April and paused until July 9.
'Investors aren't buying into Trump's sound bites anymore. Indecision will prevail in markets until there's a deal signed, sealed, and delivered,' said Sanjeev Hota, vice president and head of research of wealth management at Mirae Asset Sharekhan.
'Besides, if the US fumbles on broader trade negotiations with other key trading partners, it could ripple through inflation, rates, and global risk sentiment,' Hota added.
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