Stock market in the present day: Nifty50 opens below 25,500; BSE Sensex down over 100 points

Kaumi GazetteBusiness9 July, 20258.2K Views

Analysts preserve a optimistic outlook for the quick future, citing potential commerce developments. (AI picture)

Stock market in the present day: Nifty50 and BSE Sensex, the Indian fairness benchmark indices, opened in purple on Wednesday amidst ongoing uncertainty on Donald Trump’s tariff strikes. While Nifty50 was below 25,500, BSE Sensex was down over 100 points. At 9:18 AM, Nifty50 was buying and selling at 25,497.85, down 25 points or 0.097%. BSE Sensex was at 83,602.43, down 110 points or 0.13%.Analysts preserve a optimistic outlook for the quick future, citing potential commerce developments and the forthcoming earnings season as supporting elements.VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “A significant takeaway from the recent global market trends is that the markets are largely ignoring the noise from the tariff front and are waiting for clarity to emerge. President Trump’s latest declarations of 50% tariffs on copper imports, 10% tariffs for just being in BRICS, no further extension of the August 1st deadline and a potential 200 % tariffs on pharmaceutical imports with a grace period of one year …are all not taken seriously by the markets since Trump has a track record of chickening out and changing his announcements. In brief the markets are waiting for clarity to emerge on the trade front. Therefore, Nifty is likely to continue in the range in which it has been trading.”“Perhaps, more important from the market perspective in the near-term will be the Q1 results. Midcaps are likely to continue with the earnings growth momentum of Q4 FY25. Largecaps are likely to slowly improve earnings growth, but nothing dramatic is on the cards. Banking names will report better number in H2 FY 26 rather than Q1. Cement segment is showing some green shoots.”The S&P 500 skilled a slight decline in Tuesday’s risky buying and selling as buyers awaited readability concerning US commerce insurance policies, following President Donald Trump’s current tariff bulletins. Investors displayed warning in Asian markets following President Donald Trump’s agency stance on sustaining his August deadline. The announcement affected copper futures negatively.(Disclaimer: Recommendations and views on the inventory market and different asset courses given by specialists are their very own. These opinions don’t characterize the views of The Times of India)

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