Indian stock rally loses steam ahead of U.S.-China trade deal

Indian stock rally loses steam ahead of U.S.-China trade deal

BENGALURU (Reuters) - Indian shares snapped a four-day gaining streak on Wednesday after a top U.S. official said tariffs on Chinese goods would remain in place for now, making investors skittish ahead of the signing of an initial trade deal between the two countries. The NSE Nifty 50 IndexNSEI ended 0.15% lower at 12,343.3, after falling to 12,278.75 earlier in the day, while the S&P BSE Sensex indexBSESN settled 0.19% lower to 41,872.73 after hitting a session low at 41,648.110.

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