Sensex Today | Stock Market Live Updates: Textiles, Auto parts, Pharma stocks may react to 25% tariffs

Stock Market Live Updates: The Nifty 50 index was aiming for a recovery after two days of gains but US President Donald Trump announced 25% tariff on Indian goods, plus penalty last evening. This brings important levels on the index back into focus on the day of its monthly F&O expiry. As many as five Nifty 50 stocks report results today, many other react to theirs that were reported after market hours on Wednesday. Watch this space for all the Live updates.

Stock Market Live Updates: The Nifty walks into today's monthly expiry session after having gained for two days in a row. But neither the monthly expiry, nor the two-day of gains take centerstage as US President Donald Trump on Wednesday evening, announced a 25% tariff on Indian goods from August 1, plus an additional penalty, which is yet to be specified, for buying items from Russia. The news brings all export-oriented sectors like Textiles, Pharma, Auto Components and Shrimp feed exporters in the spotlight as they would most likely see a reaction to these developments. Despite the two-day gain, the Nifty has struggled to cross 24,900 on the upside, and is in danger of having its first negative F&O series in five months. 25,244 is the level above which the Nifty as to close today to have a positive July series. While tariffs grab headlines, as many as five Nifty companies, including Hindustan Unilever, Coal India, Sun Pharma, Maruti Suzuki India and Eicher Motors report results today, along with a long list of broader market names. Earnings reactions also come from names like M&M, Kaynes Tech, while Jio Financial may react to the fund raising news. Watch this space for all the Live updates.