Last update:
Benchmark indices, BSE Sensax and Nifty 50, low opened on Tuesday, investors evaluating the impact of tariff we imposed by using mixed global signals
Stock Market Today
Sensex today: Benchmark indices, BSE Sensax and Nifty 50, showing less open, mixed global signals on Tuesday, as investors evaluated the impact of the tariff imposed by US President Donald Trump.
At the beginning of the session, the BSE SESEX was below 90.28 points or 0.12 percent, below 77,221.52, while Nifty50 fell 27.20 points or 0.12 percent to 23,354.
Global signal
President Trump strengthened the US dollar on Tuesday after the announcement of a plan to increase the tariff on steel and aluminum imports, with additional mutual tariffs on other countries expected in the coming days.
Asian currencies traded in narrow categories, with a lower speed compared to Monday, Trump formalized his weekend pledge. Trading volumes were light due to Japan’s holiday.
Oil prices remained stable as traders absorbed the impact of the new tariff, with concerns that 25 percent of levy on American steel and aluminum imports could affect global economic growth and demand for energy. By 0128 GMT, Brent crude futures rose 11 cents to $ 75.98 per barrel, and US West Texas Intermediate got 5 cents, reaching $ 72.37.
