Stock market today: BSE Sensex opens in green; Nifty50 above 22,100 – The Times of India

Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was above 73,000, Nifty50 was above 22,100. At 9:16 AM, BSE Sensex was trading at 73,154.25, up 164 points or 0.23%. Nifty50 was at 22,127.25, up 45 points or 0.20%.
Indian equities ended lower for the tenth straight trading session on Tuesday, affected by negative global market sentiment. The United States implemented a 25% tariff on Canadian and Mexican imports, while Chinese imports faced a total 20% duty after President Trump imposed an additional 10% levy.
Analysts indicate that Indian markets are likely to remain subdued due to weak global indicators and absence of domestic catalysts, although sustained interest in the broader market might offer some stability.
Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services says, “Uncertainty unleashed by Trump tariffs is reigning supreme now and this is weighing on markets. Consequently trading volumes have dipped sharply. Market drifting down on low volumes doesn’t indicate a sustained downtrend from the current levels. In the ongoing chaotic scenario new news and developments can trigger market moves. It is better for investors to wait and watch for the events to unfold. Fairly valued growth stocks, particularly those focused on domestic consumption like financials, telecom etc, and exports to non-US markets like segments of autos , can be slowly accumulated for the long-term.”
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US markets closed lower on Tuesday, with the technology-focused Nasdaq approaching correction levels, as trade relations worsened following US President Trump’s new tariffs on Canada, Mexico and China.
Asian equities remained unstable after US Commerce Secretary Howard Lutnick indicated potential reversal of Trump administration tariffs that triggered worldwide market decline.
Gold prices decreased on Wednesday due to climbing U.S. Treasury yields, whilst investors monitored developments regarding potential effects of U.S. President Donald Trump’s tariffs on inflation and international trade.
Foreign portfolio investors registered net sales of Rs 3,406 crore on Tuesday. Domestic institutional investors purchased shares valued at Rs 4,851 crore.
FIIs’ net short position decreased from Rs 1.87 lakh crore on Monday to Rs 1.87 lakh crore on Tuesday.