Sensex, Nifty snap two-day rally on weak global trends after Trump tariff threats

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The bull statue astatine the Bombay Stock Exchange building, successful Mumbai. | Photo Credit: PTI

Benchmark indices Sensex and Nifty snapped the two-day rally and closed little connected Tuesday (November 26, 2024) successful enactment with anemic planetary marketplace trends amid concerns implicit tariff threats by U.S. President-elect Donald Trump.

In a volatile trade, the 30-share Sensex declined 105.79 points oregon 0.13% to settee astatine 80,004.06. During the day, it mislaid 311.18 points oregon 0.38% to 79,798.67.

The broader NSE Nifty declined by 27.40 points oregon 0.11% to 24,194.50.

From the 30-share Sensex pack, UltraTech Cement, Adani Ports, Sun Pharma, NTPC, Tata Motors, Mahindra & Mahindra, Larsen & Toubro and Power Grid were among the biggest laggards.

Asian Paints, Infosys, JSW Steel, Tata Consultancy Services and Reliance Industries were among the biggest gainers.

Global banal markets declined pursuing concerns implicit U.S. President-elect Donald Trump's remark that helium plans to enforce caller tariffs connected Mexico, Canada and China arsenic soon arsenic helium takes bureau connected January 20.

In Asian markets, Seoul, Tokyo and Shanghai settled little portion Hong Kong ended higher. European markets were trading lower. The U.S. markets ended successful affirmative territory connected Monday (November 25, 2024).

All Adani radical stocks ended lower, with Adani Green Energy tumbling 7.05%.

Global lipid benchmark Brent crude climbed 0.71% to $73.58 a barrel.

Benchmark equity indices surged connected Monday, helped by the BJP pulling disconnected a stunning show successful Maharashtra, winning a grounds fig of seats to propel the party-led ruling Mahayuti confederation to a landslide victory.

The BSE benchmark jumped 992.74 points oregon 1.25% to settee astatine 80,109.85 connected Monday. The Nifty surged 314.65 points oregon 1.32% to 24,221.90.

Foreign Institutional Investors (FIIs) turned buyers connected Monday aft unabated selling for the past galore days. They bought equities worthy ₹9,947.55 crore, according to speech data.

Published - November 26, 2024 04:42 p.m. IST

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