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Indian Shares Rise on EU Tariff Relief, Record RBI Dividend
May 27, 2025
|Hindustan Times Delhi
Indian shares advanced on Monday, extending gains from the previous session, on easing global trade tensions and the Reserve Bank of India's (RBI) record dividend transfer, which ended up reaffirming prospects of sustained fiscal consolidation.
The Nifty 50 closed 0.6% higher at 25,001.15.
Meanwhile, the BSE Sensex traded 0.56% higher to close at 82,176.45.
US President Donald Trump had also backed off on his threat to impose 50% tariffs on imports from the European Union (EU).
This had the effect of easing trade concerns and also potentially hinting "that the US may reduce its aggression in the trade war, which is a positive," according to G Chokkalingam, the founder and head of research at Equinomics Research and Advisory.
As a result, the US and EU now have time until July 9 to work on a trade deal.
هذه القصة من طبعة May 27, 2025 من Hindustan Times Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times Delhi
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