sensex nifty open higher february 4 2025 broader markets trump tariffs delayed canada mexico

Indian equities successful Tuesday's commercialized (February 4) tracking postive Asian markets opened higher. At the start, the 30-share Sensex traded higher by 0.69 per cent oregon 529.59 points astatine 77,716.33, portion the Nifty50 gained 0.6 per cent oregon 139.95 points to 23,501.

Technicals 

Anand James, Chief Market Strategist, Geojit Financial Services connected the Nifty outlook said, "We had started yesterday with anticipation of expecting, arsenic momentum had slowed down. But, contempt aggregate downside attempts, the downside marker placed astatine 23190 stayed intact, encouraging america not to power sides yet."

This would mean that we are inactive good with playing the 23700-840 objectives, but we expect 23440 to resist, portion inability to interval supra 23320 could instrumentality distant the upside momentum, helium added.

Asian markets

Asian stocks rebounded successful Tuesday's aboriginal commercialized aft the US President Donal Trump deferred commercialized tariffs connected Canada arsenic good arsenic Mexico, easing marketplace concerns to immoderate extent. Nevertheless, cautious sentiment prevailed up of the impending tariffs connected China. 

The cardinal MSCI Asia ex Japan scale was up implicit 1 per cent astatine 571.21.