Stock Market Today: BSE Sensx opens more than 200 points; Nifty50 above 23,200

Stock Market Today: Indian Equity Benchmark Index, BSE Sensx and Nifty 50, opened in Green on Wednesday. While BSE Sensex rose over 200 points, Nifty50 went above 23,300. At 9:20 am, the BSE Sensx was trading up to 175 points or 0.23%at 76,199.97. Nifty50 23,201.30, 36 points or 0.15%.
The Indian equity markets experienced significant losses during the first trading day of the new financial year, which led to a decline of 1.5% in benchmark indices due to concerns about US President Donald Trump’s mutual tariff proposals. Analysts have estimated market instability in the coming days as global trade policies are in mind.
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Dr. VK Vijaykumar, Chief Investment Strategist, Geoget Investments Limited said, “The element of uncertainty about mutual tariffs is expected to come up with tariff declaration today. But looking at Trump’s flip flop on the first tariff, there is a possibility of continuing beyond today. Buying FII was contributed to India’s outparrance in March. Will be flexible.
Despite the ups and downs due to the ups and downs due to uncertainty about the upcoming tariff announcements from the Trump administration, Tuesday’s US trading session concluded with the advantage for S&P 500 and Nasdaq Composite.
Asian markets demonstrated weakness as investors are cautious before Trump’s tariff declaration.
Gold prices rose on Wednesday as investors sought asylum in safe-havan property, announcements about American mutual tariffs that may accelerate global trade struggle.
Oil prices on Wednesday stabilized after the fall of the previous season, with concern that the upcoming American tariff declarations could spoil global trade stress and potentially affect raw demand.
Foreign portfolio investors on Tuesday recorded net sales of Rs 5,902 crore, while DIIS bought shares worth Rs 4,322 crore.
FIIS’s pure short status increased from Rs 49,007 crore on Friday to Rs 66,578 crore on Tuesday.