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Sensex Today: The benchmark indices, Sensex and Nifty, are expected to be influenced today by several factors, including Q1 results
Stock Market Updates
Sensex Today: The benchmark indices, Sensex and Nifty, are expected to be influenced today by several factors, including Q1 results, US President Donald Trump’s tariff announcement on Indonesia, US June inflation data, institutional investment trends, primary market activity, and weak global cues.
At 8:00 AM, GIFT Nifty futures were down 94 points at 25,172, signaling a negative opening for the markets.
Global Cues
Asia-Pacific markets traded mixed on Wednesday following US President Donald Trump’s announcement of a preliminary trade agreement with Indonesia.
Under the deal, the US will impose a 19% tariff on Indonesian exports while securing greater access to the Southeast Asian market.
“We will pay no tariffs, while they grant us access to Indonesia, which we never had,” Trump stated, adding, “They will face a 19% tariff.”
Post-announcement, regional indices weakened. At the last count, Japan’s Nikkei rose 0.11%, while the broader Topix remained flat with a negative tilt. South Korea’s Kospi fell 0.53%, and Australia’s ASX 200 declined 0.73%. Investors are also awaiting Indonesia’s central bank policy decision later today.
In the US, inflation climbed to 2.7% in June from 2.4% in May, marking the highest rate since February and aligning with expectations.
On Wall Street, the S&P 500 fell 0.4% to 6,243.76, and the Dow Jones Industrial Average dropped 436.36 points, or 0.98%, closing at 44,023.29. The Nasdaq Composite, however, rose 0.18% to 20,677.80.
Markets are now focused on upcoming US PPI data for June and the UK’s June inflation figures.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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