Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex went above 78,100, Nifty50 was above 23,700. At 9:25 AM, BSE Sensex was trading at 78,138.01, up 121 points or 0.15%. Nifty50 was at 23,732.90, up 64 points or 0.27%.
Indian equities ended positively for the seventh straight trading session on Tuesday, indicating sustained investor interest in domestic markets. Market experts anticipate a continued upward trajectory, supported by foreign institutional investor inflows, robust Indian rupee and optimistic signals from American markets.
Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Even with the April 2nd reciprocal tariff day looming large the market has turned resilient indicating further upside. This will happen if the reciprocal tariffs are less stringent than feared. A bilateral agreement between US and India also is a likely scenario if the negotiations underway between the two countries lead to a positive outcome. The fundamental support to the market comes from India’s improving macros and the FIIs turning buyers. The total FII buy figure of Rs 19136 crores in the last four trading days indicate that this positive trend is likely to continue. Consequently fairly valued high quality financials will continue to be resilient. If the reciprocal tariffs are not as severe as feared, pharmaceutical stocks will rebound smartly.”
Also Check | Top stocks to buy today: Stock recommendations for March 26, 2025
US equities finished higher on Tuesday, with Apple showing gains while Nvidia declined, as investors evaluated consumer confidence data and anticipated a more accommodative trade policy approach from the Trump administration in the coming week.
Asian equities registered small increases during early Wednesday trading, as traders evaluated mixed signals from US consumer confidence data and the late upturn in US markets.
Gold maintained its price levels on Wednesday whilst traders adjusted their positions, anticipating US President Donald Trump’s comprehensive reciprocal tariff proposals, with concerns about potential inflationary effects and economic slowdown.
Oil increased during early Wednesday trading in Asia, driven by supply concerns following US President Donald Trump’s tariff threats against nations importing Venezuelan oil and gas, alongside larger-than-expected decreases in US crude stocks.
FPIs became net purchasers at Rs 5,371 crore on Tuesday, while DIIs divested shares worth Rs 2,769 crore.
FIIs’ net short position decreased from Rs 95,426 crore on Monday to Rs 90,604 crore on Tuesday.
