Benchmark indices BSE Sensex and NSE’s Nifty 50 traded cautious on Tuesday amid rising global trade tensions. Both the indices lost over 1% in the previous session. The rupee was trading little changed against the US dollar as traders awaiting further government measures to support the currency. Asian shares and US stock futures fell after US President Donald Trump said he will impose tariffs on an additional $200 billion worth of Chinese imports, escalating of the trade conflict between the world’s two biggest economies. Meanwhile, FIIs sold equities worth Rs 106.54 crore on net basis on Monday, while DIIs shed shares worth Rs 180.36 crore, provisional data showed.
Source- https://www.livemint.com/Money/nyapafMvb3Zgp5RBVgklAM/Stock-Market-LIVE-Sensex-Nifty-set-for-cautious-start-PSU.html
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