Before the announcement of ‘mutual tariff’ by US President Donald Trump, it is expected that he will not take a tough stance and will only impose tariffs on select countries. Due to this expectation, there is a positive atmosphere in Asian and American markets, which can be seen on Indian markets today. The BSE Sensex rose 1,078.87 points or 1.40% to close at 77,984.38 on Monday. NSE Nifty rose 307.95 points or 1.32% to 23,658.35. Midcap and smallcap indices were also seen shopping. The Nifty Midcap index increased by 1.3% and the smallcap index by 1.1%.
How will the stock market environment be today:
The Indian stock market is expected to open with a strong global signals today. At 7:10 am, the Nifty futures were seen trading at 23,761 above 61 points.
Today’s important triggers:
Details of the monetary policy meeting of Bank of Japan, decision on China’s one -year medium term loan facility (MLF) rate, investors in the US will keep an eye on these data and events: Consumer trust data for the month of March, new homes sales reports for February, Richmund Fed Manufacturing Index Fed Governor Adria Kugler and New York Fed, Chairman of John Williams, Chairman of John Williams. Trends, foreign investors (FIIs) shares and rupee-dollars will be determined.
Asian markets boom with the support of Wall Street
Most of the stock markets in the Asia Pacific region opened on Tuesday. Australia’s S&P/ASX 200 index rose 0.53%, Japan’s Nikkei 225 index rose 1.15% and South Korea’s Kospi Index increased 0.49%. On Monday night, there was a huge jump in the US markets. Dow Jones Industrial Average increased by 1.42%, S&P 500 1.76% and Nasdaq Composite, including technical stock, increased by 2.27%. However, on Tuesday morning, S&P 500, Nasdaq and Dow Jones futures declined by about 0.1%.
