Markets Trade Lower Amid Trade War Uncertainty; Mid & Smallcaps Outperform
Asian markets are trading in the red on Friday, weighed down by lingering uncertainty over the ongoing global trade war. This comes despite a positive session on Wall Street overnight. Concerns around tariffs and rising trade tensions continue to dampen investor sentiment across the region.
In contrast, US equities surged on Thursday following a court ruling that reinstated President Trump’s tariffs. However, the overall investor response remained cautious as legal uncertainties persist.
US Market Snapshot – Thursday’s Performance:
📈 Wall Street ended higher, driven by gains in key indices after the tariff ruling, though optimism was tempered.
Domestic Market Update (as of now):
📉 Sensex: Down 101 points
📉 Nifty: Down 40 points
Top Gainers Today:
✔️ Reliance Industries
✔️ Adani Ports
✔️ Nestle
👉 For a deep dive into key financial players, explore the Fin Nifty Companies list.
👉 For insights into the banking index, check out Bank Nifty Companies list.
Mid & Smallcap Performance:
🔼 BSE Midcap Index: Up 0.1%
🔼 BSE Smallcap Index: Up 0.2%
Sectoral Overview:
🔻 Media & Metal sectors are witnessing selling pressure
🔼 Capital Goods & Power sectors are seeing buying interest
💱 Rupee Update: Trading at ₹85.30 against the US dollar
Stay Updated:
Track today’s biggest stock market movers with our Stocks to Watch Today section.
🎥 Investor Insight:
Mitali Dhoke, Sr. Research Analyst at Equitymaster, breaks down the Top 5 Defence Mutual Funds in India for 2025 in her latest video. She explores each fund’s past performance, sector outlook, and portfolio strength — helping investors identify high-potential opportunities within India’s evolving defence ecosystem.
