US President Donald Trump’s broad ‘mutual tariffs’ will become effective immediately after being declared on Wednesday, 2 April. White House Press Secretary Caroline Lewitt gave this information. After this announcement, the stock market has started gaining momentum.
Market open in green mark
Talking about opening the stock market at 9.30 am, the Sensex opened at 76,414.41 points with a gain of +389.90 points, while the Nifty +96.30 points opened to 23,262.00 points.
How was the market performance on Tuesday?
Due to vigilance, the Indian stock markets saw huge profits on Tuesday. The BSE Sensex fell 1390 points or 1.80 percent to close at 76024. NSE Nifty 50 also fell at 353.65 points or 1.50 percent to close at 23,165.70.
On Tuesday, foreign investors (FIIs) sold Indian shares worth Rs 5,901.63 crore, while DII bought shares worth Rs 4,322.58 crore.
What is the status of global markets?
Japan’s Nikkei was trading below 0.28 percent, while South Korea’s Kospi was trading below 0.58 percent. However, Australia’s ASX200 rose 0.2 percent. In the US, S&P 500 increased by 0.38 percent and Nasdaq Composite by 0.87 percent. However, Dow Jones Industrial Average declined by 0.03 percent.
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