The domestic and global stock markets are being seen in the domestic and global stock markets today due to the possibility of US President Donald Trump’s announcement of retaliation on tariff on Wednesday, 2 April. There is uncertainty among investors. As a result, the stock market opened in red mark. By 9:30 am, the Sensex fell 251.88 points to 77,163.04, while the Nifty -46.90 points declined at 23,472.45.
The market opened on the red mark.
Globally, market volatility is also seen as investors are reacting to various tariff-related news. Apart from this, the direction of the market will be decided by some important factors today-such as comprehensive economic figures, foreign investment status, gold prices and rupee-dollar moves.
Trump: No country no discount
US President Donald Trump said that from April 2, all countries without exception will be imposed equal tariffs. Trump has announced the time when India and the US are talking on tariff concessions for the proposed bilateral trade agreement.
Donald Trump has announced the time when India and the US are negotiating tax exemption for the proposed bilateral trade agreement. Trump on Sunday told reporters at Air Force One that it would start in all countries. He said that it will not be targeted only on 10-15 countries that have a large trade imbalance with the United States. He emphasized that taxes would be more generous.
What are the signs coming from global markets?
The Asian markets strengthened on Tuesday morning after Monday’s heavy fall. The night reforms on Wall Street also affected the Asian markets. Japan’s Nikkei index rose by 0.6 percent, Australia’s ASX 200 index rose 0.34 percent and South Korea’s Kospi increased by 0.92 percent.
On Monday, Japan’s benchmark index declined by 4 percent, South Korea’s main index declined by 3 percent and Australia’s main market declined by more than 1 percent amid increasing concerns about Donald Trump’s tariff.
Meanwhile, the S&P 500 index in the US rose 0.55 percent on Monday, overcome with the initial decline. Dow Jones Industrial Average closed up by 1 percent, although Nasdaq Composite fell 0.14 percent.
The Post Share Market Opening: Fear of American tariff on the stock market! Sensex falls 251.88 points first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
