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Share Market Live Updates | BSE Sensex, Nifty 50 Today: Sensex and Nifty brace for uncertainty amid US tariffs; watch IT and pharma stocks now!

India Inc braces for challenges as the US imposes 27% reciprocal tariffs. Key sectors like gems, jewellery, and engineering face losses, while pharmaceuticals and electronics see potential gains. The outcome hinges on ongoing BTA negotiations.

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A Mumbai court has declared former New India Cooperative Bank chairman Hiren Bhanu and his wife, Gauri Bhanu, as proclaimed offenders in a Rs 122 crore embezzlement case. The couple fled the country before the scam surfaced, while the Economic Offences Wing arrested eight others and continues to investigate the case.

The proposed hike in circle rates will also have some impact on the sales in the near future because besides increased property rates home buyers will have to pay more stamp duty charges as well, and therefore, increased registration fees.

Indian engineering goods exports to the US could face a $4-5 billion hit due to Trump's 27% reciprocal tariff. The impact is expected across machinery, automobiles, and metals, with diversification into new markets like the EU and Latin America as a potential solution.

The Union Ministry of Agriculture and Farmers Welfare will extend the NMEO-OP scheme to Assam's tea estates for oil palm cultivation. This decision follows NETA's appeal due to land classification issues. The initiative will support growing oil palm on five percent of tea garden land, aiding economic challenges in the tea industry.

Indian IT sector may face challenges due to US tariffs, potentially reducing tech spending in key industries. Analysts warn of slower GDP growth impacting demand for digital transformation, while onshoring and stricter immigration policies add to the pressure.