The domestic and global stock markets are being seen in the domestic and global stock markets today due to the possibility of US President Donald Trump’s announcement of retaliation on tariff on Wednesday, 2 April. There is uncertainty among investors. Globally, market volatility is also seen as investors are reacting to various tariff-related news. Apart from this, the direction of the market will be decided by some important factors today – such as comprehensive economic figures, foreign investment status, gold prices and rupee -dollar moves.
Gift Nifty Status:
At 7 am, the gift Nifty Futures fell 189 points to close at 23,449. This level emerged after trade holiday adjustment on Monday, March 31.
Today’s Bazaar Forecast – 1 April, 2025:
The stock market may be seen in alert mood on the first day of the new FY 2025-26 (FY26). According to reports, Trump is “full action” on tariffs. Their focus will be on many areas and no country will remain untouched by it.
China, Japan and South Korea are making strategies together to answer this. According to the Chinese government media CCTV, the three countries are preparing to initiate a collective response to the American tariffs.
These global data will be monitored:
Investors are waiting for the PMI report today, manufacturing from Australia, Japan, Eurozone, Britain and America. Along with this, Jolts job opportunities and job missing figures in the US for the month of February are also going to be released today.
The Asia-Pacific market remained strong on Tuesday morning after a huge fall of Monday. The night reforms on Wall Street also affected the Asian markets.
Japan’s Nikkei index rose by 0.6 percent, Australia’s ASX 200 index rose 0.34 percent and South Korea’s Kospi increased by 0.92 percent.
On Monday, Japan’s benchmark index declined by 4 percent, South Korea’s main index declined by 3 percent and Australia’s main market declined by more than 1 percent amid increasing concerns about Donald Trump’s tariff. Meanwhile, the S&P 500 index in the US rose 0.55 percent on Monday, overcome with the initial decline. Dow Jones Industrial Average closed up by 1 percent, although Nasdaq Composite fell 0.14 percent.
