Synopsis : Indian markets opened weak as fresh US tariff threats rattled global sentiment, dragging Sensex and Nifty sharply lower. Despite the broader sell-off, select stocks like Adani Enterprises showed resilience while M&M witnessed heavy selling pressure.
Indian equity markets started Tuesday’s trading session on a cautious note after fresh tariff announcements by US President Donald Trump spooked global investors. The threat of additional tariffs on South Korea and a possible 100% levy on neighbouring Canada triggered risk-off sentiment across Asian markets, spilling over into Dalal Street.
After reopening from the Republic Day holiday, benchmark indices struggled to sustain early momentum. The Sensex fell over 250 points, while the Nifty slipped below the crucial 25,000 mark, reflecting investor nervousness amid rising global trade tensions.
On Friday, markets had already closed sharply lower, with the Nifty shedding nearly 1% and the Sensex losing close to 770 points. Although GIFT Nifty indicated a positive opening, the optimism quickly faded as global cues turned mixed.
Stocks in Focus
Stock-specific action remained active despite the broader weakness.
Adani Enterprises gained nearly 3%, emerging as a rare bright spot.
M&M slipped around 4%, leading the losers’ pack.
Marico drew attention after acquiring PVR Inox’s popcorn brand for ₹227 crore.
UltraTech Cement shares remained in focus after reporting a strong 32% YoY jump in Q3 profit.
Hyundai Motor India stayed volatile amid tariff concerns on South Korea’s auto sector.
Wipro traded ex-dividend for its ₹6 interim payout.
Axis Bank and MCX attracted interest following solid quarterly earnings.
Global Market Snapshot
Asian markets presented a mixed picture. Australia’s market gained over 1%, while Hong Kong posted modest gains. Japan and US futures remained largely flat, and China edged slightly lower, highlighting the uncertainty surrounding global trade policies and geopolitical risks.
Market Outlook
Analysts believe volatility could remain elevated in the near term as investors track global tariff developments, corporate earnings, and foreign fund flows. While selective buying may continue in fundamentally strong stocks, broader indices may remain under pressure until clarity emerges on global trade dynamics.
Disclaimer : This article is for informational purposes only and does not constitute investment advice. Market investments are subject to risks; readers are advised to consult a qualified financial advisor before making any investment decisions.
