Stock Market Updates: Sensex Down 369 Points, Nifty Tests 25,250 In Pre-Open; TCS Shares In Focus

Stock Market Updates: Sensex Down 369 Points, Nifty Tests 25,250 In Pre-Open; TCS Shares In Focus


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Key benchmark indices Sensex and Nifty are likely to be influenced on the last trading day by a combination of factors

Sensex Today (Source: Freepik)

Sensex Today: Key benchmark indices Sensex and Nifty are likely to be influenced on the last trading day by a combination of factors, including India-US trade deal discussions, Trump’s 35 per cent tariff announcement on Canada, TCS Q1 results, institutional investment trends, primary market activity, and mixed global cues.

That said, around 7:05 AM, GIFT Nifty futures were trading 137 points lower at 25,285, indicating a gap-down start for the bourses.

Global cues

Asia-Pacific markets traded mixed on Friday following US President Donald Trump’s announcement of a 35 per cent tariff on Canadian goods starting August 1. He also indicated plans to implement blanket tariffs of 15–20 per cent on most trading partners, downplaying concerns about potential impacts on inflation or the stock market.

Last checked, Nikkei was up 0.21 per cent, while the Topix advanced 0.71 per cent. Kospi rose 0.013 per cent, and ASX 200 was down 0.064 per cent.

On Wall Street, the S&P 500 closed at a record high on Thursday, rising 0.27 per cent to 6,280.46. The Nasdaq Composite also ended at a fresh peak for a second consecutive session, inching up 0.09 per cent to 20,630.67. The Dow Jones Industrial Average gained 192.34 points, or 0.43 per cent, to close at 44,650.64.

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Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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