On Monday morning, the benchmark equity individuals and Nifty renewed global trade concerns after weak trends in the Asian markets.
In addition, the outflow of foreign funds also influenced the sentiments of investors, said by experts.
30-sare BSE Sensex Tank at 762.24 points 80,688.77 in initial trade. NSE Nifty 212.25 points dropped, at 24,538.45.
Sensex Firms, HDFC Bank, HCL Tech, Reliance Industries, Infosys, Tech Mahindra, Bajaj Finance, Larsen & Taubro, Tubro, Tata Consultancy Services and Tata Steel were among the biggest legords.
Hindustan UnileverAdani Ports, Mahindra and Mahindra, IndusInd Bank and Nestle were among the beneficiaries.
Among Asian markets, Korea of South Korea, Nikkei 225 Index of Japan, ShanghaiSSE Composite Index and Hong Kong’s Hang Seng were doing less trading.
The US markets ended on a mixed note on Friday.
Foreign institutional investors (FII) unloaded equity According to exchange data, 6,449.74 crores on Friday.
us President Donald Trump On Friday, he said that he is doubling tariffs on steel imports.
“The market structure is in favor of the continuity of the ongoing consolidation phase. Fresh tariffs are global headwinds that will stop a breakout rally. At the same time there are domestic tailwinds that will support the market at the lower levels. There will be a clear message on the 50 percent tariff steel and aluminum of President Trump that trades and trade scenes will continue unlikely.
“On the domestic front, Telwinds are getting stronger with the latest Q4 GDP growth data, which is coming at 7.4 percent, which is much better, which is better.”
The Indian economy expanded at a rapid pace in the last quarter of the fiscal of 2024–25, declining the growth rate of 6.5 percent in the year, which increased its size to 3.9 trillion USDs and promised to cross the world’s fourth largest economy Japan in FY 26.
Indian economy January -March increased by 7.4 percent – the fourth and final quarter of the fiscal (FY25) from April 2024 to March 2025 – reflects a strong cyclical rebounds that were helped in increasing personal consumption and strong growth in construction and construction.
Vikas Jain, the head of research of Reliance Securities, said, “The negative signs of global markets can be cap. The Asian market and the US index futures have come under pressure due to increasing geopolitical stress between Russia and British, as well as US President Donald Trump’s steel and aluminum on the renovated business.”
Global Oil Benchmark Brent crude jumps 2.20 per cent to 64.16 per barrel.
On Friday, the BSE Sensex fell by 182.01 points or 0.22 percent, settling at 81,451.01. The Nifty submerged 82.90 points or 0.33 percent to 24,750.70.
