
Stock Market LIVE Updates: Sensex and Nifty Trade Lower After Trump’s Tariff Announcement; Nifty Opens 3,127 Points Below Record High 📉
- 🇺🇸 US Tariff Impact: Indian equities are trading lower after US President Donald Trump announced reciprocal tariffs for 60 countries, including India. This has caused a significant drop in US equity futures, with Dow Jones plunging 1,100 points, and S&P 500 and Nasdaq futures falling 3.5% and 4.5%, respectively.
- 📅 Weekly Expiry: Today marks the weekly options expiry for Nifty 50 contracts, adding to market volatility.
- 🔻 Nifty’s Current Position: The Nifty 50 opened the session 3,127.05 points below its all-time high of 26,277.35.
- 📊 Market Resilience: Despite recent uncertainties, both Sensex and Nifty, along with broader markets, showed resilience last week, recovering some of the losses from Tuesday’s sell-off.
- 🔮 Uncertainty Ahead: It remains to be seen if the 27% tariff on India has already been priced in, or if more downside is expected. Stay tuned for updates!