周四，BSE Sensex指数收于76295.4点，下跌约0.4%，扭转了昨日的涨势，因担心特朗普对几个国家征收的激进关税可能引发美国经济衰退，IT股领跌。汽车股也面临压力。虽然此举预计将影响印度对美国的出口，但专家认为，印度比竞争对手处于更有利的地位，印度面临的关税相对较低。印度和美国贸易团队目前正在进行谈判，以敲定一项互利的多部门双边贸易协定。特朗普对印度进口商品征收27%的互惠关税，作为他从4月5日起对所有进口商品征收10%基准关税的更广泛计划的一部分，但这些关税不适用于某些商品，包括药品、半导体、铜以及石油、天然气、煤炭和液化天然气等能源产品。因此，制药股表现最佳，太阳制药上涨3.3%。

The BSE Sensex closed about 0.4% down at 76,295.4 on Thursday, reversing yesterday's advance, led by losses in IT stocks amid concerns over a potential US recession triggered by Trump's aggressive tariffs on several countries. Auto stocks also faced pressure. While the move is expected to impact India's exports to the US, experts believe India is better positioned than competitors, with India facing relatively lower tariffs. Indian and US trade teams are currently in talks to finalize a mutually beneficial, multi-sector Bilateral Trade Agreement. Trump imposed 27% reciprocal tariffs on indian imports as part of his wider plan to levy a 10% baseline tariff on all imports from April 5, but the duties do not apply to certain goods, including pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG. Accordingly, pharma stocks were among the top performers, with Sun Pharma rising 3.3%.

关税相对较低，美元暴跌帮助卢比站稳脚跟。卢比兑美元汇率收于85.43，受美元走软和资金流入的推动，而印度面临的关税比其地区同行更软。卢比在广泛的银行间同业拆借的支持下减少了早些时候的损失，并在美元指数大幅下跌时进一步支撑。

Relatively lower tariff hit, slumping dollar helps rupee hold ground.The rupee closed stronger at 85.43 against the USD, helped by a weaker dollar and inflows, while India faces a softer tariff levy than its regional peers. The rupee trimmed earlier losses, supported by broad-based interbank offers, and was further bolstered as the dollar index dropped significantly.

卢比显示出对美国关税的弹性；战略家建议谨慎。周四，印度卢比在大多数亚洲货币和股票下跌中表现良好，这是由美国总统唐纳德·特朗普的全面互惠关税引发的。

Rupee shows resilience to US tariffs; strategists advise caution.The Indian rupee on Thursday held up reasonably well to the dip in most Asian currencies and equities, triggered by U.S. President Donald Trump's sweeping reciprocal tariffs.

周四早盘，印度股市下跌327点，跌幅0.4%，至76300点，在美国总统特朗普对印度征收26%的互惠关税后，印度股市停止了前一交易日的上涨。此外，特朗普还宣布对进口到该国的汽车零部件征收25%的关税。BSE Sensex指数追踪到美国期货暴跌，主要受科技、金属和汽车行业的拖累。特朗普的关税引发了人们对全球贸易战的担忧，此前中国宣布了针对特朗普政府对中国商品征收关税的“坚决”反制计划，旨在保护其利益。然而，印度最大贸易伙伴中国的最新数据限制了跌幅，此前一项私人调查显示，印度第二大经济体的私营部门在四个月内增长最快。Nifty 50指数下跌0.4%，至23300点以下，其中塔塔咨询服务公司（-2.4%）、印孚瑟斯（-24.4%）、HCL Tech（-2.3%）、Tech Mahindra（-2.1%）和塔塔汽车公司（-1.6%）的跌幅较大。

India's shares dropped 327 points, or 0.4%, to 76,300 in morning trade on Thursday, halting gains from the previous session, following U.S. President Trump's imposition of a 26% reciprocal tariff on India. Additionally, Trump announced a 25% tariff on auto component imports to the country. The BSE Sensex tracked a slump in U.S. futures, mainly weighed down by the tech, metals, and auto sectors. Trump's tariffs raised concerns about a global trade war after China announced plans for "resolute" countermeasures against the Trump administration’s tariffs on Chinese goods, aiming to protect its interests. However, fresh data from India's top trading partner, China, limited the fall after a private survey showed that the private sector in the second-largest economy grew the most in four months. The Nifty 50 dropped 0.4% to below 23,300, with notable losses from Tata Consultancy Services (-2.4%), Infosys (-2.4%), HCL Tech (-2.3%), Tech Mahindra (-2.1%), and Tata Motors (-1.6%).