Waaree Energies shares fell over 5% after the US imposed preliminary anti-dumping duties of up to 123% on solar imports from India, Indonesia, and Laos. The shock has rattled investors and renewed concerns for Indian exporters dependent on the American market, even as global demand for renewable energy equipment remains strong.
Indian markets ended higher but muted, with weakness in autos and IT limiting upside. OFSS was among notable decliners, while Waaree Energies surged to a Rs 1 lakh crore market cap milestone. Jupiter Wagons and Aurobindo Pharma also rallied, offsetting declines as BSE finished lower.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
