Financials and Auto Stocks Help Indian Benchmarks Eke Out Minor Gains
India's benchmark indexes rose marginally on Tuesday, helped by heavyweight financials and auto stocks, although losses in metals and global uncertainty around U.S. tariffs kept investors on the edge. Financials (.NIFTYFIN) gained 0.3% after shedding 2% over the last three sessions. Auto stocks (.NIFTYAUTO) rose 0.7%, propelling up the benchmarks.
- The modest gains suggest a fragile equilibrium between risk appetite and caution among Indian investors, who are navigating complex global headwinds and domestic economic uncertainties.
- How will India's financial markets navigate the ongoing uncertainty around U.S. tariffs, particularly if trade tensions escalate in the coming months?