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Indian benchmarks flat as US growth, Indo-Pak worries offset trade optimism

ReutersMay 8, 2025 7:19 AM

Indian benchmarks NSE Nifty 50 .NSEI and BSE Sensex .BSESN trade flat as investors weigh tensions with Pakistan and worries over U.S. economy

India hit Pakistan and Pakistani Kashmir with missiles on Wednesday, Pakistan vowed to retaliate

Caution over border tensions, worries over U.S. economy, as flagged by Fed, are offsetting global trade optimism, analysts say

India and UK signed a trade deal on Tuesday; UK is also reportedly close to a trade deal with the U.S.

U.S. and China are scheduled for trade talks this weekend

Eight of the 13 major Indian sectors decline; defence stocks .NIFTYINDDEFENCE rise 1.5%

Small- .NIFSMCP100 and mid-caps .NIFMDCP100 rise 1% and 0.25%

Tata Motors TAMO.NS, which makes luxury Jaguar Land Rover cars in Britain, gains 2% after reports of imminent UK-U.S. trade deal

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