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INDIA STOCKS-Indian stocks open higher after Trump delays EU tariffs

ReutersMay 26, 2025 3:55 AM

- India's benchmark indexes opened higher on Monday, after U.S. President Donald Trump extended the deadline for trade talks with the European Union (EU), easing near-term tensions.

The Nifty 50 .NSEI was up 0.63% to 25,006.25, while the BSE Sensex .BSESN traded 0.65% higher at 82,231.26 as of 9:17 a.m. IST.

All the 13 major sectors logged gains at the open. The broader, more domestically focussed small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 rose about 0.4% each.

On Sunday, Trump backed off his threat to slap 50% tariffs on imports from the EU, agreeing to extend his deadline for trade talks until July 9 after European Commission President Ursula von der Leyen said the bloc needed more time to "reach a good deal."

Other Asian markets rose marginally, with the MSCI Asia ex-Japan index .MIAPJ0000PUS gaining 0.15%. Meanwhile, oil prices edged higher as fuel demand concerns eased. MKTS/GLOB O/R

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