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Benchmark indices, BSE Sensex and Nifty50, opened lower on Tuesday, reflecting mixed global cues as investors evaluated the impact of tariffs imposed by US
Stock Market Today
Sensex Today: Benchmark indices, BSE Sensex and Nifty50, opened lower on Tuesday, reflecting mixed global cues as investors evaluated the impact of tariffs imposed by U.S. President Donald Trump.
At the start of the session, the BSE Sensex was down by 90.28 points, or 0.12 per cent, at 77,221.52, while the Nifty50 dropped 27.20 points, or 0.12 per cent, to 23,354.
Global Cues
The US dollar strengthened on Tuesday after President Trump announced plans to significantly raise tariffs on steel and aluminum imports, with additional reciprocal tariffs on other countries expected in the coming days.
Asian currencies traded in narrow ranges, with movements less pronounced than Monday’s as Trump formalized his weekend pledges. Trading volumes were lighter due to Japan’s holiday.
Oil prices remained stable as traders absorbed the impact of new tariffs, with concerns that a 25 per cent levy on US steel and aluminum imports could affect global economic growth and energy demand. By 0128 GMT, Brent crude futures rose 11 cents to $75.98 a barrel, and US West Texas Intermediate crude gained 5 cents, reaching $72.37.
