First Trade: Sensex sheds 64 points, Nifty at 23,043

Indian equities successful Wednesday's commercialized (February 12) contempt affirmative Asian markets opened little continuing their downward inclination for the sixth consecutive session. At the open, the BSE 30-share Sensex was down 0.08 per cent oregon 63.75 points astatine 76,229.85 points, portion the NSE Nifty50 shed 0.13 per cent oregon 28.95 points to commercialized astatine 23,042.85.

Dr.. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, "Trump’s tariff tantrums person been impacting the markets for the past respective days. Trump moving distant from targeting circumstantial countries similar Mexico, Canada and to a lesser grade China, and moving to import tariffs connected alloy and aluminium connected each countries, has aggravated the concerns. The European Union’s declaration that they volition retaliate with antagonistic tariffs has raised the probability of a full-blown commercialized war."

Asian markets

Asia Pacific markets mostly traded higher successful Wednesday's league arsenic investors discounted Trump's tariff impact. The cardinal MSCI Asia ex Japan scale was up 0.47 per cent astatine the past count. Meanwhile, the US Fed Chair Jerome Powell stressed connected the cardinal bank's absorption connected controlling ostentation and besides signalled that policymakers are not successful a hurry to chopped down involvement rates.