Indian fairness benchmarks in Tuesday’s commerce (March 4, 2025) opened decrease monitoring weak international cues as investor sentiment turned cautious after tariffs levied by US President Donald Trump on Mexico and Canada turned efficient right this moment. On the open, the 30-share BSE Sensex declined 0.49 per cent or 359.37 factors at 72,726.57, whereas the Nifty50 index shed 0.63 per cent or 140.05 factors at 21,979.25.
In the meantime, broader markets additionally continued to underperform with each the Nifty Midcap 100 and Nifty Smallcap 100 indices declining over 1 per cent.
Sectorally, financial institution and monetary companies gauges traded with gentle positive factors, whereas all others witnessed promoting stress.
Dr. V Okay Vijayakumar, Chief Funding Strategist, Geojit Monetary Providers stated, “Uncertainty unleashed by Trump is aggravating in international commerce. The 25 per cent tariff on Canada and Mexico and the 20 per cent tariff on China (with the extra 10% imposed now) kicking within the threats are turning into motion. The retaliation to those Trump tariffs is but to be recognized.”
Asian markets
Mirroring weak closing within the US markets within the in a single day commerce, Asian shares traded decrease. The MSCI Asia ex Japan was final down over 0.5 per cent.
The losses had been triggered largely as Trump confirmed that 25 per cent tariffs on Canada and Mexico will take impact later within the day. Additionally, on the similar time he signed an order for growing levies on Chinese language items.
