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Sensex Today: Benchmark Equity Indis, BSE Sensex and Nifty50, opened on a weak note on Thursday, reflecting mixed global signals.
Stock Market Today
Sensex today: The benchmark Equity Indis, BSE Sensex and Nifty 50, opened on a weak note on Thursday, reflecting mixed global signals.
At the beginning of trading, the BSE Sensex ranged from 306 points or 0.40%to 75,632.90, while Nifty50 at 22,849, 83.45 points or less than 0.36%.
The FOMC meeting of the US Federal Reserve is expected to influence market movements today with the development of the global market, updates on the Russian-Ukraine conflict, and the concerns around the American tariff.
Foreign Institutional Investors (FII) were pure seller of Indian equity to a tune of Rs 1,881.30 crore on Wednesday, February 19, while domestic institutional investors (DIS) NET bought shares worth Rs 1,957.74 crore during the same session.
Thoughts by: Dr. VK Vijaykumar, Chief Investment Strategist, Geogit Financial Services
“Trump’s tariff talks affect the markets. Trump’s announcement of yesterday that the US would impose 25 percent tariffs on automobiles, semiconductors and pharmaceuticals affected India’s pharma stocks as India’s leading pharma companies are the major exporters of the US. If it is implemented in early April, as Trump was declared, it will also affect the US through decrease and high prices. It seems that Trump’s intention is to give and remove concessions before the tariff is imposed. It remains to be seen how it will be out.
A positive news is the RBI indicating the recovery of development in H2 FY25. This is well for an increase in FY 26 and recovery of earnings. The market will begin to respond positively to high frequency data that indicates the recovery of development. Midcaps were beaten like defense stock, some are buying. ,
Global market observation
The US stock with S&P 500 was moderately closed, with a consecutive high levels of second time. Investors are closely looking at the minutes of the Federal Reserve’s January policy meeting and the tariff proposals of President Trump. Major concerns about speculation about inflation, economic recession and fed cuts cuts are likely to continue to shape the investor’s spirit.
