Indian equity benchmarks rise as Trump delays China tariffs
Indian equity indices followed their Asian peers higher on Wednesday after Washington delayed tariffs on some Chinese imports, bringing some relief to global markets rattled by a bruising trade conflict.
The broader NSE index rose 0.96% to 11,030.90, while the benchmark BSE index gained 0.98% to 37,319.72.
U.S. President Donald Trump delayed his Sept. 1 deadline for 10% tariffs on some Chinese imports, delaying duties on a range of consumer goods and sending Wall Street stocks soaring on Tuesday.
The trade conflict has disrupted global supply chains and slowed economic growth, dampening sentiment across markets.
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