Share Market Live: Sensex, Nifty Set for Weak Opening as Global Markets Decline

Indian stock markets are expected to open lower today, following weak global cues. Asian markets traded in the red after Wall Street’s decline, with Japan’s Nikkei and Topix struggling, while South Korea’s Kospi and Kosdaq also saw losses. Hong Kong’s Hang Seng and China’s Shanghai Composite faced selling pressure due to trade worries and economic concerns. Given the negative global sentiment, Indian markets may follow suit at the opening bell.

Dollar Index Update: The dollar index remained at 104 on Friday as investors awaited key job data. Earlier, it dipped to 104 amid weak labor market reports, trade tensions, and policy uncertainties. The US dollar remains under pressure due to growing economic concerns and trade instability.

Trump’s Tariff Decision: In a new development, US President Donald Trump has temporarily halted tariffs on imports from Canada and Mexico, easing some market worries. These tariffs, initially set to go as high as 25%, had raised fears of economic disruption.