Trump's threat has no effect on the market, Sensex-Nifty see huge jump as soon as market opens

Trump's threat has no effect on the market, Sensex-Nifty see huge jump as soon as market opens

Last Updated Jul - 30 - 2025, 11:41 AM | Source : Fela News

Share Market Today: Despite Trump's threat to impose 20-25% tariffs on India, the stock market opened strongly today. Both Sensex and Nifty saw gains.

Share Market Today:
Trump’s threat to impose a 20–25% tariff on goods coming from India had no impact on the Indian stock market on Wednesday. The market opened on a strong note. The BSE Sensex opened 256 points higher at 81,594, while the NSE Nifty-50 was seen trading 69 points up at 24,980.

Stocks to Watch
Today, investors will be keeping an eye on Tata Steel, Power Grid, IndiGo (InterGlobe Aviation), and Hyundai Motor Company, as all are set to announce their quarterly results. Additionally, NSDL, the country's oldest depository company, launched its IPO today. The IPO size is ₹1,300 crore, and the company has already raised ₹1,201 crore from anchor investors on Tuesday.

Mixed Trend in Asian Markets
Asian markets showed a mixed trend on Wednesday due to ongoing uncertainty over U.S. tariffs. Japan’s Nikkei index declined slightly, while the Topix showed modest gains. South Korean markets were positive, but Hong Kong's market declined, and China’s Shanghai Composite saw a small gain.

U.S. Markets Remain Subdued
There wasn’t much movement in U.S. stock markets. Investors are waiting for the Federal Reserve’s interest rate decision and upcoming corporate earnings. S&P 500 and Nasdaq futures saw slight gains, while the Dow Jones closed with a small loss.

Dollar and Crude Oil Update
The Dollar Index fell 0.21% to 98.72, while the Indian Rupee weakened and closed at 86.81. Crude oil prices edged up slightly. WTI crude was trading at $69.24, and Brent crude at $72.60 per barrel.

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