Sensex, Nifty down by 1% amid US tariffs fear

2 hours ago 1

At 10.30 am, the BSE Sensex was down   1.1% astatine  75,465, portion    the broader NSE Nifty 50 declined 1.06% to 22,826At 10.30 am, the BSE Sensex was down 1.1% astatine 75,465, portion the broader NSE Nifty 50 declined 1.06% to 22,826. (File Photo)

Benchmark Sensex and Nifty continued to its autumn connected Wednesday with some down by implicit 1 per cent amid fears of US President Donald Trump slapping reciprocal tariffs connected aggregate countries, including India.

The BSE Sensex was down 1.1% astatine 75,465, portion the broader NSE Nifty 50 declined 1.06% to 22,826.

In the past 5 days, the BSE bellwether gauge has slumped 2,290.21 points oregon 2.91 per cent, portion the Nifty tanked 667.45 points oregon 2.81 per cent.

From the 30-share blue-chip pack, Mahindra & Mahindra, Zomato, Reliance Industries, Axis Bank, IndusInd Bank, Asian Paints, ITC and Adani Ports were the biggest laggards.

Tata Consultancy Services, Infosys, Tech Mahindra, HCL Tech and Hindustan Unilever were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worthy Rs 4,486.41 crore connected Tuesday, according to speech data.

“Dalal Street is gripped by pessimism arsenic fears equine implicit further declines if Nifty slips beneath the important 23,000-mark. Key factors weighing connected sentiment see Rs 1 lakh crore successful FII outflows this twelvemonth and ongoing concerns astir Trump’s tariff threats,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

Story continues beneath this ad

In Asian markets, Shanghai quoted little portion Seoul, Tokyo and Hong Kong were trading successful the affirmative territory US markets ended mostly higher connected Tuesday.

With inputs from PTI

© IE Online Media Services Pvt Ltd

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article