Hello and welcome to our live coverage of Indian stock markets, where we track the day’s trade after a US-India deal cut US reciprocal tariffs on Indian imports and early indicators pointed to a higher open. Indian equity benchmarks surges on Tuesday. The BSE Sensex rose 2,319 points as of 9:20 am. It had risen as much as 4,200 points to 85,871. The NSE Nifty 50 rose 2.8% to 25,783.95 after rises as much as 5% intraday. Markets are tracking the trade deal between India and the United States that lowers reciprocal tariffs on Indian imports to 18% from 25%. The change takes effect immediately. India had earlier faced total tariffs of 50%, including a 25% penalty linked to buying Russian oil. The US Embassy confirmed the overall tariff rate is now 18%
Track minute-by-minute updates on stock market coverage here.
