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Tag: Stock Market today

  • Sensex Jumps Over 1,300 Points After Trump Pauses Tariffs Till July 9

    Sensex Jumps Over 1,300 Points After Trump Pauses Tariffs Till July 9


    New Delhi: The Sensex witnessed a sharp rally of more than 1,300 points on Thursday after US President Donald Trump announced a 90-day pause on trade tariffs for most countries, including India. 

    The announcement lifted investor sentiment in the country, even as some Asian markets remained under pressure due to renewed trade war tensions between the US and China.

    The Sensex jumped 1,310.11 points, or 1.77 per cent, to close at 75,157.26. During the day, the index touched an intra-day high of 75,467.33, while it slipped up to 74,762.84.

    The Nifty also surged by 429.40 points, or 1.92 per cent, to settle at 22,828.55.

    The Nifty faced resistance around the 21-EMA on the daily timeframe, leading to a close off the day’s high.

    “The trend appears bearish unless it decisively moves above 23,000, where significant open interest has been added. On the downside, support is placed at 22,750; a break below this level could intensify the bearish sentiment,” said Rupak De of LKP Securities.

    The market rally was broad-based as strong buying across sectors lifted investor sentiment. The BSE Midcap index gained 1.84 per cent, while the Smallcap index shot up by 3.04 per cent.

    All major sectoral indices closed in the green, with Metal, Energy, Pharma, Auto, and Banking stocks leading the gains. The Nifty Metal index was the top performer, rising over 4 per cent.

    Out of the 50 stocks on the Nifty index, Hindalco led the gain with a rise of 6.52 per cent, followed by Tata Steel, JSW Steel and Coal India which were all up between 4.4 to 4.8 per cent.

    However, Asian markets painted a mixed picture. Japan’s Nikkei 225, South Korea’s KOSPI, and Singapore’s Straits Times ended in the red.

    This came after China retaliated against the US by announcing higher tariffs of up to 125 per cent on American goods, following Trump’s recent decision to raise tariffs on Chinese imports to an effective 145 per cent.

    “Despite the global uncertainty, Indian markets cheered the temporary relief in the global trade environment, driving a strong rally across sectors and market segments,” analyst noted.

    Rupee traded positive with strong gains of 0.70 at 86.00 per dollar, supported primarily by a weaker dollar index and a significant sentiment boost from the US decision to relax tariffs on Indian goods by 10 per cent for the next 90 days.



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  • Market Bloodbath: Sensex Crashes 4,000 Points; Nifty Drops Below 21,800

    Market Bloodbath: Sensex Crashes 4,000 Points; Nifty Drops Below 21,800


    New Delhi: The impact of US President Donald Trump’s reciprocal tariffs dealt massive blow to the Indian Stock market with BSE Sensex crashing 4,000 points while the Nifty came tumbling below 21,800.

    The domestic market crash was in tandem with trends seen in major global markets.



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  • Stock market today: BSE Sensex opens over 400 points up; Nifty50 crosses 23,000 – The Times of India

    Stock market today: BSE Sensex opens over 400 points up; Nifty50 crosses 23,000 – The Times of India


    Analysts anticipate further market recovery, supported by positive FII sentiment and sustained domestic investments. (AI image)

    Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rose in opening trade on Thursday. While BSE Sensex rallied over 400 points, Nifty50 crossed the 23,000 mark. At 9:18 AM, BSE Sensex was trading at 75,829.02, up 380 points or 0.50%. Nifty50 was at 23,020.30, up 113 points or 0.49%.
    Stock markets continued their upward trend for the third consecutive session on Wednesday. The weakening US dollar index contributed to market gains. Analysts anticipate further market recovery, supported by positive FII sentiment and sustained domestic investments.
    Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services says, “The Fed holding the rates and projecting lower growth at 1.7% and higher inflation at 2.8% for 2025 are on expected lines. More significant is the Fed chief’s comment that policy can move either way depending on the evolving outlook. The evolving outlook is highly uncertain thanks to Trump’s tariff tantrums.In the Indian market two trends are significant. One, domestic consumption themes are finding favour. Four stocks that hit 52-week highs during the last 2 days – Kotak Bank, Bajaj Finance, Interglobe Aviation and Muthoot Finance- are domestic consumption themes. External-oriented IT is weak. Two, beaten down themes like defence/shipping are finding favour. Consumer-facing digital stocks also are on strong wicket. This trend may continue. Broadly, the market will be on a wait and watch mode till April 2nd when reciprocal tariffs will be declared.”
    Also Check | Top stocks to buy today: Stock recommendations for March 20, 2025
    US equities advanced on Wednesday following the Federal Reserve’s decision to maintain current rates. Markets continue to assess the impact of President Trump’s tariff policies on economic growth and inflation.
    Asian equities strengthened, following Wall Street’s rally after the Federal Reserve indicated potential rate cuts later this year to support growth, noting that tariff-induced inflation would be temporary.
    Gold reached a record level on Thursday after the Federal Reserve’s indication of potential interest rate reduction by 50 basis points before year-end, enhancing the precious metal’s attractiveness amidst current geopolitical tensions and economic uncertainties.
    FPIs registered net sales of Rs 1,096 crore on Wednesday, whilst domestic institutional investors acquired shares valued at Rs 2141 crore.
    FIIs’ net short position decreased to Rs 1.28 lakh crore on Wednesday from Rs 1.41 lakh crore on Tuesday.





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  • Stock market today: BSE Sensex opens over 300 points up; Nifty50 above 22,500 – The Times of India

    Stock market today: BSE Sensex opens over 300 points up; Nifty50 above 22,500 – The Times of India


    Global market uncertainties and potential US recession concerns could affect domestic market momentum. (AI image)

    Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex was above 74,100, Nifty50 was above 22,500. At 9:23 AM, BSE Sensex was trading at 74,186.02, up 357 points or 0.48%. Nifty50 was at 22,515.25, up 118 points or 0.53%.
    Global market uncertainties and potential US recession concerns could affect domestic market momentum this week. Nevertheless, experts indicate that recent valuation adjustments, coupled with positive factors including reduced crude oil prices, weakening Dollar Index, and anticipated domestic earnings growth in subsequent quarters, could help stabilize market fluctuations.
    Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services says, “The near-term market trend is likely to be stable with a positive bias. The positive factors are the steadily declining trend in FII outflows and the outperformance of India over the US last week. This positive trend has fundamental support from the bounce back in FY25 Q3 GDP growth to 6.2%, the spurt in January IIP to 5%, and the decline in February CPI inflation to 3.61%. This positive macro backdrop can support the market in the short-term but cannot sustain a rally in the market. The trade war fears are looming large on global trade and global growth. The uncertainty surrounding the reciprocal tariffs kicking in from April 2nd will certainly weigh on markets. India dubbed the ‘tariff King’ and ‘tariff abuser’ is unlikely to be spared by Trump. This will keep the market jittery, particularly the export oriented sectors will be anxious about the tariff announcements. Domestic consumption themes unaffected by tariffs will be stable.”
    Also Check | Top stocks to buy: Stock recommendations for the week starting March 17, 2025
    US equities recovered on Friday as investors sought value opportunities following a week marked by recession concerns and reduced risk appetite amid Trump’s intensifying trade disputes.
    Asian markets showed improvement following China’s announcement of consumption revival measures. US equity futures declined as Treasury Secretary Scott Bessent characterised recent market drops as normal.
    Crude oil prices commenced approximately 1% higher as Monday trading began, following US commitments to maintain strikes against Yemen’s Houthi forces until they cease their maritime attacks.
    Gold prices strengthened on Monday, following its record peak last week. The rise was supported by ongoing geopolitical concerns, trade tariff worries, and anticipated Federal Reserve rate reductions, driving investors towards safe-haven assets.
    On Thursday, foreign portfolio investors were net sellers with Rs 793 crore, whilst domestic institutional investors purchased shares worth Rs 1,723 crore.
    FII net short positions increased from Rs 1.83 lakh crore on Wednesday to Rs 1.84 lakh crore on Thursday.





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  • Stock market today: BSE Sensex opens flat; Nifty50 above 22,550 – The Times of India

    Stock market today: BSE Sensex opens flat; Nifty50 above 22,550 – The Times of India


    The upcoming trading week will be shorter due to holidays, with traders focusing on global developments amidst limited domestic events. (AI image)

    Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened flat in trade on Monday. While BSE Sensex was above 74,300, Nifty50 was above 22,550. At 9:19 AM, BSE Sensex was trading at 74,365.51, up 33 points or 0.044%. Nifty50 was at 22,574.35, up 22 points or 0.097%.
    Following three weeks of decline, markets rebounded strongly with nearly 2% gains last week. The upswing was supported by positive global and domestic indicators, boosting investor sentiment. The upcoming trading week will be shorter due to holidays, with traders focusing on global developments amidst limited domestic events.
    Important points to watch for include updates regarding tariff discussions, geopolitical situations, and their effects on US dollar movements and crude oil pricing.
    Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services says, “The trend of FII selling in India continued in early March, too. But there are signs of slight decline in the intensifying in the last couple of days. Up to March 7th FIIs have sold equity for Rs 24753 crores taking the total equity selling in CY 2025 to Rs 137354 crores.”
    US equities closed higher on Friday, recovering from early losses after Federal Reserve Chair Jerome Powell’s positive economic assessment, despite trade policy uncertainties leading to the largest weekly drop in months.
    Asian equities declined on Monday, affected by US growth concerns and China’s inflation falling negative for the first time in a year.
    Oil prices declined on Monday due to worries about US import tariffs affecting global economic growth and fuel demand. Additionally, increased production from OPEC+ producers reduced investors’ interest in higher-risk assets.
    Gold prices increased slightly on Monday, supported by a weakening dollar and investors seeking safe-haven assets amidst global trade war concerns. Market participants awaited additional indicators regarding the Federal Reserve’s position on interest rates.
    Foreign portfolio investors became net sellers at Rs 2,035 crore on Friday. Domestic institutional investors purchased shares worth Rs 2,320 crore.
    FIIs’ net short position increased from Rs 1.74 lakh crore on Thursday to Rs 1.76 lakh crore on Friday.





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  • Stock market today: BSE Sensex opens over 350 points down; Nifty50 below 22,000 – The Times of India

    Stock market today: BSE Sensex opens over 350 points down; Nifty50 below 22,000 – The Times of India


    Market experts anticipate a flat to downward trend due to mixed international indicators and absence of domestic catalysts. (AI image)

    Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Tuesday. While BSE Sensex went below 72,800, Nifty50 was below 22,000. At 9:17 AM, BSE Sensex was trading at 72,707.94, down 378 points or 0.52%. Nifty50 was at 21,973.25, down 146 points or 0.66%.
    Indian stock markets closed flat on Monday, affected by several factors including continuous Foreign Institutional Investor (FII) selling, US tariff implementations, and the ongoing Russia-Ukraine conflict. Market experts anticipate a flat to downward trend due to mixed international indicators and absence of domestic catalysts.
    Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, “Uncertainty unleashed by Trump is aggravating in global trade. The 25% tariff on Canada and Mexico and the 20% tariff on China (with the additional 10% imposed now) kicking in the threats are turning into action. The retaliation to these Trump tariffs is yet to be known. Certainly there will be responses. If Trump tariff policy continues like this and soon starts impacting other countries it will be bad for global trade and the global economy. India will not be spared. In the near-term, there are no chances of a rebound in the Indian market even though valuations are fair. Investors should remain cautious and wait to see how the scenario unfolds.”
    Also Read | Top stocks to buy today: Stock recommendations for March 4, 2025
    US markets experienced significant decline on Monday after President Donald Trump introduced 25% tariffs on Canada and Mexico. The S&P 500 recorded its largest single-day percentage drop since December 18.
    Asian equities declined on Tuesday, following US market losses after US President Donald Trump’s announcement of tariffs on trading allies sparked concerns about potential trade conflicts affecting worldwide economic expansion.
    Gold remained stable on Tuesday as investors worried about US President Donald Trump’s tariffs on Canada and Mexico potentially causing inflation and economic slowdown.
    Foreign portfolio investors registered net sales of Rs 4,781 crore on Monday. Domestic institutional investors purchased shares valued at Rs 8,790 crore.
    FIIs’ net short position decreased from Rs 1.88 lakh crore on Friday to Rs 1.87 lakh crore on Monday.





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  • Stock market crash today: BSE Sensex tanks over 1,000 points; Nifty50 below 22,250 – top reasons for bloodbath on D-Street – The Times of India

    Stock market crash today: BSE Sensex tanks over 1,000 points; Nifty50 below 22,250 – top reasons for bloodbath on D-Street – The Times of India


    “The support level at 22500-22400 appears to be crucial for the Nifty50 index in the near future,” says Osho Krishnan of Angel One. (AI image)

    Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmark indices, crashed in trade on Friday. While BSE Sensex went below 73,600, Nifty50 was below 22,250. At 10:01 AM, BSE Sensex was trading at 73,597.70, down 1,015 points or 1.36%. Nifty50 was at 22,227.90, down 317 points or 1.41%.
    Sensex and Nifty were affected by significant declines in banking and IT sector stocks. Investors remained cautious ahead of crucial GDP figures and responded to recent statements by US President Donald Trump regarding tariffs.
    The total market value of BSE-listed firms reduced by Rs 5.8 lakh crore, reaching Rs 387.3 lakh crore, according to an ET report.
    Early trading witnessed Nifty IT stocks declining up to 4%, influenced by the overnight downturn in US markets following Nvidia’s poor performance.
    Additionally, the Nifty Auto index showed a decline exceeding 2%, with Nifty Bank, Metal, Pharma, Consumer Durables, and Oil & Gas indices showing decreases between 1-2%.
    Also Read | Stock market crash: Sensex, Nifty are bleeding! Why it may be time to put your money in gold, silver, FDs, bonds & other investment avenues

    Why stock market is falling today

    The main factors influencing today’s market decline are:
    1) Apprehension regarding GDP data
    Economic growth concerns, declining earnings momentum, Trump’s trade policies, and continuous foreign investor selling have resulted in benchmarks falling 14% from their peak levels in late September.
    Investors are attentively monitoring the December quarter GDP figures, scheduled for release post-market hours on Friday. According to a Reuters survey of economists, India’s economy likely showed improvement during this period.
    2) Trade Policy Uncertainty
    Trump’s recent announcement shifted the implementation of 25% duties on Canadian and Mexican imports to March 4, advancing from the initial April 2 timeline. He also declared a 10% levy on Chinese imports whilst maintaining his stance on 25% tariffs for European Union shipments. These fluctuating trade decisions have led to increased market instability.
    3) IT Sector Faces Downturn
    Asian markets experienced a decline on Friday, with MSCI Asia ex-Japan dropping 1.21%, following Wall Street’s downward trend after Nvidia’s significant decrease. The technology sector experienced additional pressure as Nvidia’s earnings report sparked negative investor reaction, leading to widespread selling of AI-related stocks, including other “Magnificent Seven” companies. The Nifty IT index fell 3.2%, with notable declines in Persistent Systems, Tech Mahindra, and Mphasis, showing losses up to 4.5%.
    4) Dollar Strengthens
    The US dollar maintained positions near multi-week peaks against primary currencies amidst growing trade war concerns. The U.S. dollar index reached 107.35 on Friday against six major currencies. This strengthening creates challenges for emerging markets like India, increasing the cost of foreign investments and prompting equity capital outflows.





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  • Stock market today: BSE Sensex opens over 350 points down; Nifty50 near 22,850 – The Times of India

    Stock market today: BSE Sensex opens over 350 points down; Nifty50 near 22,850 – The Times of India


    Om Mehra, Technical Analyst at SAMCO Securities anticipates a possible trend reversal. (AI image)

    Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red in trade on Wednesday. While BSE Sensex went below 75,600, Nifty50 was near 22,800. At 9:17 AM, BSE Sensex was trading at 75,621.95, down 345 points or 0.45%. Nifty50 was at 22,830.90, down 114 points or 0.50%.
    Indian markets closed lower on Tuesday, with bank, auto and FMCG sectors leading the decline. The indices have recorded negative closings in 9 out of the last 10 sessions, with Monday being the sole exception.
    Commenting on the day’s trading, Rupak De, Senior Technical Analyst at LKP Securities noted the market’s volatile nature and lack of clear direction. “In the short term, Nifty might remain a ‘sell on rise’ as long as it stays below 23,150. Support is placed at 22,800, and a fall below this level might trigger further correction. Immediate resistance is placed at 23,000,” he said.
    Despite the negative close, Om Mehra, Technical Analyst at SAMCO Securities anticipates a possible trend reversal, citing a dragonfly doji pattern on the daily chart. He notes that the index has established support in the 22,800-22,900 range.
    Also Read | Top stocks to buy today: Stock recommendations for February 19, 2025
    US stock markets showed positive movement, with the S&P 500 achieving a new record close in a shortened trading week. This occurred amid the conclusion of earnings season, upcoming Federal Reserve minutes, and ongoing geopolitical concerns.
    Asian equities are set for early downward movement as concerns over expanded trade conflicts and global political uncertainties continue to affect investor sentiment.
    Gold remained stable near its peak on Wednesday, as investors observed U.S. President Donald Trump’s trade policies, which have heightened concerns about international trade disputes, whilst awaiting the Federal Reserve’s January meeting minutes.
    Foreign institutional investors (FIIs) showed positive activity in Indian equities, purchasing shares valued at Rs 3,072.19 crore on Tuesday, while domestic institutional investors (DIIs) acquired shares worth Rs 4,786.56 crore.





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  • Stock market today: BSE Sensex flat in opening trade; Nifty50 near 23,350 – The Times of India

    Stock market today: BSE Sensex flat in opening trade; Nifty50 near 23,350 – The Times of India


    The daily momentum indicator has a positive crossover, says Jatin Gedia, Mirae Asset Sharekhan. (AI image)

    Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday. While BSE Sensex was below 77,300, Nifty50 was near 23,350. At 9:18 AM, BSE Sensex was trading at 77,265.02, down 47 points or 0.060%. Nifty50 was at 23,351.35, down 30 points or 0.13%.
    Domestic bourses saw a sharp decline due to negative market sentiment following Donald Trump’s announcement regarding reciprocal tariffs on nations that impose duties on American products.
    “With the Budget now behind and the RBI providing monetary relief, attention will now shift back to the last leg of Q3 earnings, corporate guidance and global macros amid turbulence in global markets due to Trump’s trade policies,” said Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal.
    “We expect the Nifty to hold on to this crucial support and resume its uptrend towards 24000. The daily momentum indicator has a positive crossover which is a buy signal and hence this minor degree pullback towards the support zone should be considered as a buying opportunity,” said Jatin Gedia, Mirae Asset Sharekhan.
    Also Read | Buy calls: Top stock recommendations for February 11, 2025
    US stock indices finished higher on Monday, supported by Nvidia and other artificial intelligence-related stocks. Steel manufacturers’ shares increased after US President Donald Trump announced additional import tariffs on steel and aluminium.
    Asian equity indicators remained stable. Australian and South Korean markets posted modest gains following Monday’s decline. Japanese markets remained closed for a holiday, resulting in no Treasury trading in Asia after subdued US yield movements on Monday. Hong Kong equity futures remained stable.
    Gold prices reached unprecedented levels on Tuesday, with investors seeking safety following U.S. President Donald Trump’s implementation of 25% tariffs on steel and aluminium imports, raising worries about trade conflicts and inflation.
    Foreign portfolio investors registered net sales of Rs 2,464 crore on Monday. Domestic institutional investors acquired shares worth Rs 1515 crore.
    FIIs’ net short position increased to Rs 1.73 lakh crore on Monday from Rs 1.62 lakh crore on Friday.





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