Mumbai, January 31, 2025: Indian stock markets opened flat today amid concerns over potential tariff threats from U.S. President Donald Trump to BRICS nations. The global markets are closely watching developments, as Trump’s administration has hinted at imposing new tariffs on countries in the BRICS bloc, including India. This has led to cautious trading sentiment, with investors adopting a wait-and-see approach ahead of any official announcements.
The lack of significant movement in the Indian markets reflects the uncertainty surrounding U.S. trade policies and its potential impact on the country’s export-driven sectors. While domestic factors, such as the upcoming Union Budget, are also in focus, the external threat of trade restrictions from major global economies has kept market participants on edge, limiting any major gains.
