Trump Tariff Impact: The US has imposed a 25 per cent penalty via executive order, which takes the total tariff burden to 50 per cent on select Indian goods.
Technical charts show that shares of Bajaj Finance, Bajaj Finserv and Bajaj Electricals from the Bajaj-group companies are likely to trade with a tepid bias in the upcoming trading sessions.
Technical charts show that the Nifty IT index could decline another 11% from here; while the Pharma index could rally up to 8.5% if it clears the near-term hurdle at 22,815 levels.
Reliance stock today is seen trading below the super trend line on the daily chart for the first time since April 16, 2025.
Stock Markets Falling Today: Fearing a disruption in supply chains amid Israel's attack on Iran, oil prices jumped to five-month highs Friday morning
Why stock markets are falling: Rising tensions between the US-Iran, Nifty F&O weekly expiry, and fall in US futures are some of the reasons why Sensex, Nifty are down today
Why are markets falling? Rising Covid-19 cases in Asia, including India, Moody's downgrade of US ratings, and fall in US futures are some of the reasons why markets are down today
At 12:40 pm; BSE Realty index, the top loser among sectoral indices, was down 2.7 per cent, as compared to 1.03 per cent decline in the BSE Sensex.
For the Nifty 50 index to hit the lower circuit, it has to fall 10 per cent to 21.846.20 levels on Friday. If this becomes a reality before 1 PM, then the trading will be halted for 45 minutes
Why Sensex, Nifty are down today: The NSE Nifty50, on the other hand, declined 399 points to break the 24,000-mark and hit a low of 23,848
The NSE Nifty 50 has been trading above the psychological 20,000-mark since December 2023. Here are the key levels to watch out for on the index.
On Monday, FIIs sold equities worth ₹9,040.01 crore, while DIIs bought stocks worth ₹12,122.45 crore, the second-biggest single-day buying this year
Nifty staged a sharp rebound post Monday's gap-down, with the multi-support zone at 21,800-21,700
Credit event risks have been a feature of nearly all the past crises such as the global financial crisis in 2008 and the more recent Covid-triggered scare in 2020.
The gauge of market volatility -- India VIX -- spiked by nearly 60 per cent, to the highest level lesince June 4
Only 40 companies in the Nifty 500 index saw their market increase in this period, and 13 among them were less than a 1 per cent rise
Stock Market Crash: Monday's gap-down trade on the Nifty may drag the index towards the 21,500 mark
Trump tariffs, stock market today: Tata Motors share price sank 10.31 per cent to ₹550.55 per share after Jaguar Land Rover said it has halted exports to the US this month
Why market is falling today: The sudden fall in the stock markets today came after reports said Donald Trump could impose tariffs on the pharmaceutical sector
Analysts believe that the recent up move is led by bottom-fishing in select smallcap stocks; the index, however, needs to conquer the long-term averages to qualify for a market reversal.