2 days ago
HomeMarket NewsTrump Tariffs | Stock Market Live Updates: Nifty Pharma falls 260 pts from high; Aurobindo, Divi's down
Stock Market Live Updates: The Nifty is trading with a deficit of above 140 points, below 24,450. The Sensex index is trading with cuts of close to 420 points, with a potential of falling below 80,000. Pharma stocks, after making a recovery, have once again fallen into red.
Stock Market Live Updates: The Nifty index is trading below 24,450, with cuts of around 140 points. The Sensex is trading with a deficit of about 420 points. The Indian markets are showing resilience following Trump's tariff doubling, increasing it to 50% on Indian exports to the US. The decision from the White House has seemingly impacted sentiments on the street.
The broader markets are under immense pressure. The Nifty Midcap 100 index, after losing early on in the day, made gains, only to fall about 400 points from the day's high.
The Nifty Pharma sectoral index is on the rise after being under pressure after Trump's threats of levying 250% on pharma products.
Some of the major volume buzzers in today's session among the Nifty 500 stocks are ITI, Eternal, Kirloskar Oil, GNFC and PVR Inox, among others.
Yesterday, the US President Donald Trump signed an Executive Order to impose another 25% tariff on Indian exports, taking the total to 50%.
Apart from macro and trade-related issues, the earnings cycle and the reaction to that are also in full swing.
Earnings season, at the fag end for the quarter, will bring reactions from stocks like while Titan, LIC, Biocon, GCPL and HPCL are some of the major companies reporting results today.
Watch this space for all the Live updates.
