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Sensex, Nifty in red as US tariff threat clouds market mood

Indian equity benchmarks opened slightly lower on Friday amid concerns over potential 500 percent US tariffs on Indian goods and ongoing geopolitical tensions. Sensex slipped 107 points and Nifty fell 26 points, with broader markets under performing benchmarks, while Asian markets were mixed and FIIs continued selling

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The Indian benchmark indices posted mild losses early on Friday amid rising geopolitical tensions and renewed threats of 500 per cent US tariffs on Indian goods under the provisions of the Russia Sanctioning Act. 

As of 9.29 am, Sensex slipped 107 points, or 0.13 per cent to 84,073 and Nifty eased 26 points, or 0.10 per cent to 26,850.

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