Sensex and Nifty See Gains Following US Pause on Planned Tariffs

New Delhi : The domestic benchmark equity indices, Sensex and Nifty, were trading in the green today, reflecting positive market sentiment as Asian markets also posted gains. This upward momentum was driven by the announcement from the U.S. that it had paused its planned tariffs on Canada and Mexico, easing concerns over the potential escalation of a global trade war. The decision from the U.S. government brought a sense of relief to investors, boosting risk appetite and contributing to a surge in market indices.

As of the latest reports, the BSE Sensex had gained over 659 points, or 0.85 percent, reaching 77,846, while the Nifty50 had increased by 180 points, or 0.77 percent, trading at 23,541. The positive movement was seen across a broad spectrum of sectors, with particularly strong performances in banking, IT, and metal stocks, which were among the top gainers on both indices. The Sensex’s rise was driven by major heavyweights such as Reliance Industries, Infosys, and HDFC Bank, which saw substantial gains throughout the trading session.

The announcement of the U.S. tariff pause brought optimism to global markets, particularly in Asia. Japan’s Nikkei, Hong Kong’s Hang Seng, and China’s Shanghai Composite also posted gains, riding on the optimism sparked by the positive development in U.S.-Mexico-Canada relations. The halt on tariffs was seen as a sign of de-escalation in trade tensions, which had been a significant concern for investors over the past few months. The prospect of further trade barriers being avoided has given investors renewed confidence in global economic growth.

Indian markets, too, responded positively to the news, with investor sentiment buoyed by expectations of stronger global trade relations. The domestic market had been facing some volatility recently, with concerns around inflation and interest rates weighing on investor confidence. However, today’s rally has provided a welcome boost to sentiment, with analysts predicting that the pause in U.S. tariffs could lead to further stability in the global economy.

Despite the positive movement, analysts are advising caution, noting that ongoing global uncertainties—such as rising inflation and geopolitical tensions—still pose risks to market stability.

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