Indian shares look set to open on a sluggish note on Tuesday, with rising oil prices, continued capital outflows and concerns over U.S. trade policies likely to trigger some profit taking after big gains in the previous session.
U.S. President Donald Trump has announced that his administration will impose 25 percent tariffs on all medium and heavy-duty trucks coming into the United States from other countries starting on November 1.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.