US President Donald Trump said a day earlier that a trade deal with China was close but gave no new details on when or where an agreement will be signed.
The higher taxes have forced Parle to offer fewer biscuits in each pack, hitting demand from lower-income consumers in rural India, which contributes more than half of Parle's revenue.
Domestic equity benchmark NSE Nifty and BSE Sensex on Thursday opened in red in early trade dragged down by tech stocks that declined after reports that the United States was mulling caps on H-1B work visas to deter data rules.
