📊 Markets Open Higher: Nifty Crosses 24,850 🚀 | Tech Stocks Lead the Way 💻 | All Eyes on Q4 Earnings!
🟢 Opening Highlights – Thursday, May 29:
- 📈 Sensex opened at 81,754.30, up 0.54%
- 📈 Nifty started at 24,886.05, gaining 0.54%
- 🏦 Nifty Bank opened strong at 55,663.40, up 0.44%
🌐 Global Cue – Trump Tariffs Struck Down 🧨
- 🏛️ US Federal Court nullified Trump-era reciprocal tariffs
- 📰 Seen as a positive market signal
- 🧠 Dr. VK Vijayakumar (Geojit Investments): “Markets are cheering this second major blow to Trump’s tariff game after bond market pressure paused tariffs for 90 days.”
💥 Top Gainers (Sensex 30):
- 💻 Infosys
- 🏗️ Tata Steel
- 🚗 Tata Motors
- 🔧 HCL Tech
- 💼 Tech Mahindra
🔻 Stocks Under Pressure:
- 💸 Bajaj Finance
- 🚙 Maruti
📦 Earnings Watch – Q4 Bonanza Today 🧐
- 🔍 320+ companies to release results
- 📌 Key names to watch:
- 🚘 Bajaj Auto
- 🔧 Samvardhana Motherson
- 🌬️ Suzlon Energy
- 💊 Alkem Labs, Ipca Labs
- 🏢 Prestige Estates, NBCC
- 🌾 Jubilant Agri & Consumer Products
- 🧭 Sectors to track: Auto, Pharma, Infra
🌏 Asia-Pacific Markets Rallying on US Cues:
- 🇯🇵 Nikkei 225: +1.18%
- 🇯🇵 Topix: +0.79%
- 🇰🇷 Kospi: +0.78% | Kosdaq: +0.44%
- 🇦🇺 ASX 200: +0.12%
