Stock Market Today: Nifty50 and BSE Sensex, Indian Equity Benchmark Index, opened in Green on Thursday. While Nifty50 went above 24,850, BSE Sensex rose over 500 points. At 9:18 am, Nifty50 was trading at 24,868.00, up to 116 points or 0.47%. The BSE Sensex was up to 81,753.20, 441 points or 0.54%.Market analysts estimate the period of consolidation with selective procurement while investors evaluate upcoming data and global market conditions.“Trump’s tariff-related news markets continue to influence markets. The US federal court has dropped the mutual tariffs that the Mavery President can not ride in markets and economy with his suspected decisions,” says VK Vijaykumar, the main investment strategist at Geojit Investments Limited VK Vijaykumar. The court verdict is the second major setback after the shock given by the Bond Bazaar for President Trump, which forced the Trump administration to stop the tariff for 90 days. From the market perspective, this is a positive development. “The Nifty is integrating in the 500 point range within 24500 – 25000. A breakout or breakdown from this range is difficult to appear difficult in the period. All the action is in the middle and smallcap space in response to the results. Investors should not follow the middle and smallcap for evaluation without any concern. Quality should not have the ability to exclude and smolkaps.On Wednesday, the US stock markets declined as the market participants assessed the Federal Reserve Meeting minutes and the semiconductor design stocks weakened in late trading.The US federal court carried forward Asian Equality and US Futures on Thursday after President Donald Trump blocked the “Liberation Day” tariff, appreciating dollars against safe-heaven currencies.The US dollar experienced a significant performance on Thursday following a court verdict to block Trump’s tariff, resulting in a significant advantage against the Euro, Yen and Swiss Frank.On Thursday, gold prices fell at their lowest point in a week, which was affected by a strong dollar and better risk spirit after the US court order.Foreign portfolio investors on Wednesday bought shares worth Rs 4,663 crore, while domestic institutional investors acquired a net of Rs 7,912 crore.The status of FIIS in the Futures Market saw an increase in a pure small situation with a net of Rs 67,419 crore on Tuesday, which increased to Rs 78,987 crore on Wednesday.(Disclaimer: Recommendations and views on stock markets and other asset classes given by experts are their own. These opinions do not represent the views of Times of India)
