India’s stock markets — Sensex and Nifty50 — were in a good mood this Wednesday , rising thanks to strong performances by IT and banking stocks.
The boost came even as everyone waited for President Trump’s latest "surprise gift" — a fresh batch of tariffs.
According to the White House, these reciprocal tariffs will kick in the moment Trump drops the announcement (set for 1:30 a.m. IST on Thursday).
But hey, markets are also nervously sipping chai 🫖, because no one really knows how big or messy this tariff drama will get — and that has everyone worried about a global trade war sequel.
Major Indices Performance:
* NIFTY 50:📈 Up by 0.72%, closing at 23,332.
* SENSEX:📈 Increased by 0.77%, ending at 76,617.
* BANK NIFTY:📈 Rose by 1.02%, settling at 51,348.
* NIFTY MIDCAP: 📈 Gained 1.61%, closing at 52,053.
* NIFTY SMALLCAP: 📈 Advanced by 1.12%, ending at 16,162.
Major Indices Performance:
* Gainers 📈: Nifty sectoral indices went up, led by Nifty Realty (+3.61%), Nifty FMCG (+1.13%).
* Losers 📉: Nifty CPSE was slightly down closing below (- 0.39%) followed by Nifty India India Defence (-0.06%) low.
🗞️ Major news headlines of the day:
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