Pre-Market Update at 7:30 AM: Equity benchmark indices Sensex and Nifty 50 are expected to open on a cautious note on Friday, September 19, amid worries over US tariffs despite strong global cues. At 7:17 AM, the GIFT Nifty was trading near 25,473, down by 43 points.
India’s Chief Economic Adviser (CEA) V. Anantha Nageswaran said he expected a resolution to the tariff stand-off with the US within two months. He noted that Washington could roll back the additional 25 per cent tariff imposed on New Delhi for buying Russian oil. Meanwhile, SEBI cleared the Adani Group of allegations made by US short-seller Hindenburg Research, stating that fund transfers between group companies did not violate any regulations.
On Thursday, September 18, Foreign Institutional Investors (FIIs) were net bu