Indian stocks down after Trump threatens higher tariffs over Russian oil purchases

Aug 5, 2025, 13:38 GMT+7
(Reuters) -Indian shares decline; Nifty 50and Sensex fall 0.4% each
** On Monday, Donald Trump reiterated threats of higher tariffs on goods imported from India over its Russian oil purchases
** New Delhi called move "unjustified", vowed to safeguard its economic interests
** Of 16 major sectors, 13 down; mid-capsand small-capslose 0.3% and 0.1%, respectively
** U.S.-exposed ITand pharmastocks shed about 1% each; among top three major sectoral losers
** Financialsdecline 0.4%
** However, IndusInd Bankrises 2% after naming veteran banker Rajiv Anand as CEO; top Nifty gainer
** Cigarette maker Godfrey Phillipsjumps 10% on strong Q1 results; Reliance Industriesloses 1.1%

Sumber : Reuters