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HomeMarket NewsSensex Today | Stock Market LIVE Updates: Nifty recovery faces a 10% BRICS tariff hurdle from Trump
By CNBCTV18.COM | Jul 9, 2025 6:40 AM IST (Updated)
Sensex Today | Stock Market LIVE Updates: No mini-trade deal between the two countries was announced either. It was large-cap stocks that led the Nifty fightback in the final hour of Tuesday's session,
Sensex Today | Stock Market LIVE Updates: Indian markets now face a new hurdle. Just as the country awaited the fine print of a potential trade deal with the US, it now has to contend with an additional tariff threat. US President Donald Trump on Monday threatened to impose an additional 10% tariff on BRICS countries.
No mini-trade deal between the two countries was announced either. It was large-cap stocks that led the Nifty fightback in the final hour of Tuesday's session, which happened to be the Sensex weekly expiry as well. The index did manage to close above the 25,500 mark, and the maturity of the market will be tested based on how it reacts to these developments.
Keep an eye out on pharma stocks as well, as this time, Trump put a figure to his tariff threats on the sector, at 200%. Capital market-linked names like BSE, Angel One, and CDSL will also remain in the spotlight after Tuesday's sell-off. All eyes will also now be on TCS, as India's largest IT services company reports results tomorrow.
Watch this space for all the live updates.
