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Sensex Nifty Today: Indian benchmark equity indices BSE Sensex and Nifty50 climbed at opening bell on Tuesday
Stock Market Updates
Stock Market Updates Today: Indian benchmark indices BSE Sensex and Nifty50 opened on a strong note in pre-market trade on Tuesday, mirroring global optimism after US President Donald Trump announced additional tariff relief last week.
At opening bell, the BSE Sensex was higher by 1,344.73 points, or 1.79 per cent, at 76,501.99, and the Nifty50 was at 23,224.65, ahead by 396.10 points, or 1.74 per cent.
Shares of Tata Motors, Samvardhana Motherson, and Sona BLW Precision Forgings surged up to 8% on Tuesday, buoyed by US President Donald Trump’s recent announcement of tariff exemptions on certain imported goods. Read More
Ajit Mishra, Senior Vice President – Research at Religare Broking, said a decisive close above 22,900 on the Nifty could clear the path for a retest of the key moving average zone near 23,400. “Immediate support lies at 22,300. Until markets show more stability, we advise maintaining a hedged approach. Investors should remain focused on global trends and corporate earnings for cues,” he added.
Market participants also await key macroeconomic indicators, including India’s retail and wholesale inflation data for March. Additionally, attention will be on Q4 earnings from companies such as IREDA and MRP Agro, which are scheduled to report later today.
Shares of ICICI Lombard, ICICI Prudential Life, and IREDA will be in focus in today’s trade as all three companies are scheduled to announce their quarterly earnings. Investors will closely monitor the financials and management commentary for cues on the sector’s outlook and company-specific performance.
Global Cues
Overnight on Wall Street, major US indices ended with solid gains. The Dow Jones Industrial Average climbed 0.78% to finish at 40,524.79, the Nasdaq Composite advanced 0.64% to 16,831.48, and the S&P 500 rose 0.79% to close at 5,405.97. However, futures trading in the US indicated a slightly cautious outlook ahead, with Dow Jones futures down 0.2%, and S&P 500 and Nasdaq 100 futures lower by 0.2% and 0.3%, respectively.
Asian markets opened in the green on Tuesday, taking cues from Wall Street’s overnight strength. Japan’s Nikkei 225 was up 1.18%, South Korea’s Kospi gained 0.51%, and Australia’s S&P/ASX 200 advanced 0.38%, reflecting broad optimism across the Asia-Pacific region.
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