Sensex, Nifty tank in early trade as U.S. announces 25% tariff plus penalty on India from Aug. 1

The penalty was announced as India has made large purchases of oil and military equipment from Russia. India is the first country to face a penalty for Russian imports.

Aug 1, 2025 - 00:30
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Sensex, Nifty tank in early trade as U.S. announces 25% tariff plus penalty on India from Aug. 1
The penalty was announced as India has made large purchases of oil and military equipment from Russia. India is the first country to face a penalty for Russian imports.

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