Stock Market Today: BSE Sensex tank over 700 points; Nifty50 below 23,000

Stock Market Today: BSE Sensex and NIFTY50, Indian Equity Benchmark Indices, US President Donald Trump gave a tank in business on global signals on Fridays Mutual tariff Announcement. While BSE Sensex went below 75,600, Nifty50 was below 23,000. At 10:03 am, the BSE Sensex was trading 705 points or 0.92%at 75,590.04. Nifty50 was at 22,972.50 below 278 points or 1.19%.
After the United States declaration of mutual tariffs to several countries including India, domestic equity showed a minor response. With this important event, the market focus will now focus on the monetary policy of the RBI set for April 9 and in the upcoming fourth quarter season starting next week.
On Thursday, the Wall Street Indices experienced a significant recession, declining its most stable single-day percentage over the years. This dip as President Donald Trump’s broad tariff, expressed concern about a possible full -scale trade war and economic recession worldwide.
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Share prices in Australia and Japan declined the market opening, as global investors prepared for continuous market instability. This was followed by significant damage in the US markets, where S&P 500 fell 4.9% and Nasdaq 100 fell 5.5% on Thursday, marking its highest decline since 2020. President Donald Trump after announcing additional tariff measures led to a recession, inspiring investors to search for safe property.
On Friday, Gold maintained its value level and deployed to record its fifth weekly advantage in succession. The increasing appeal of gold as a safe-disbursing investment was inspired by concerns on global trade stress after the implementation of mutual tariff by US President Donald Trump.
Foreign portfolio investors emerged as pure vendors, launching shares worth Rs 2,806 crore on Thursday, while domestic institutional investors acquired shares worth Rs 221 crore.
The net short situation organized by foreign institutional investors on Thursday increased from Rs 62,329 crore to Rs 73,190 crore.