Sensex Today, Stock Market LIVE Updates: Stock markets today are expected to react to US President Donald Trump’s sweeping tariff announcements targeting almost every country in the world. As of 6:35 AM, GIFT Nifty futures were up by 96 points, reaching the 23,204 level.
The Indian market closed nearly flat on Thursday, with easing domestic inflation offset by concerns over US inflation and ongoing trade tensions. The Sensex declined by 32 points, and the Nifty dropped by 13 points, as investors kept a close eye on global developments and trade updates.
Trump’s Tariff News
On Thursday evening, President Trump signed an order directing the US Trade Representative and the Commerce Secretary to devise new country-specific tariffs aimed at rebalancing trade relations. These far-reaching changes, according to Howard Lutnick, Trump’s nominee for Commerce Secretary, may be implemented by April 1, 2025.
Trump also stated that he would impose additional import taxes on cars, semiconductors, and pharmaceuticals, beyond the reciprocal tariffs, at a later date.
Ahead of his meeting with Prime Minister Narendra Modi, Trump remarked that India has more tariffs than nearly any other country. However, he added that both leaders are committed to strengthening ties and improving trade policies between the two nations.
