Pre-market Update: Market likely to open lower on Trump’s 100% pharma tariff; GIFT Nifty signals muted start
Indian equity markets are expected to start Friday’s session on a weak note after US President Donald Trump announced sweeping new tariffs, including a 100 per cent levy on all branded or patented pharmaceutical products entering the US from October 1, 2025. The US administration also imposed a 25 per cent duty on heavy trucks…