Tariff tensions rattle markets ahead of July 9 deadline
Markets closed lower as investors reacted to renewed tariff threats from the US, with President Trump sticking to his July 9 deadline. The Sensex fell 287 points to 83,409, while the Nifty closed at 25,453. The rupee slipped, oil edged higher, and gold gained on rising uncertainty. Concerns over US jobs data added to the cautious sentiment.