Share market today: The decision has been taken on the repo rate of the Reserve Bank of India. This time, in the meeting of the Monetary Committee (MPC), it has been decided to place it on 5.5 percent. However, before this result, business started with a slight increase in the Indian stock market today. However, after the initial rise, the Sensex fell 50 points to 80,679.8, while the Nifty was seen trading at 24,622.6 to 27 points.
These include top gainers and losquers
Out of 30 Sensex’s 30 companies, 19 shares were seen trading on the green mark. The top gainers include Adani Ports, Trent, Bharti Airtel, Kotak Mahindra Bank and BEL, whose shares recorded a 1.72 percent lead. On the other hand, shares of companies like Sun Pharma, Infosys, Eater, HCL Tech and Tech Mahindra lagged behind. The midcap and smallcap index also declined by 0.17 percent and 0.30 percent respectively.
Trump’s anger has an impact on the market
US President Donald Trump has announced his plan to impose tariffs up to 250 percent on imports of pharmaceuticals. He has also said that the tariff on the semiconductor and chip will be announced around it. With these threats of Trump, investors in the stock market are adopting the attitude of vigilance. VK Vijaykumar, the main investment strategist at Geojit Investments Limited, said, “The market will show the most impact of US President Donald Trump’s anger on the market.”
All these sectors under pressure
Talking according to the sector, the Nifty IT index recorded the highest decline of 0.92 percent. After this, 0.26 percent in Nifty FMCG and 0.82 percent declined in Nifty Realty. On the contrary, Nifty Bank recorded an increase of 0.13 percent. Bharti Airtel was the highest profit in the Nifty Pack. After this, Kotak Mahindra Bank, SBI Life Insurance, Shriram Finance and Trent were also in profit. Coal India recorded the highest decline of 1.41 percent. Shares of Dr. Reddy’s Laboratories, Cipla, Hero MotoCorp and Grassim Industries were also damaged.
Global stock market condition
At the same time, the US stock market also closed down on Tuesday. Dow Jones recorded 0.14 percent, Nasdaq Composite 0.65 percent and S&P 500 declined by 0.49 percent. Asian markets were also mixed with mixed trend. Nikkei of Japan climbed up to 225 0.62 percent. The markets of China and Hong Kong remained in the green mark. However, South Korea’s Kospi remained 0.21 percent below. On Tuesday, foreign portfolio investors (FPIs) sold Indian shares worth Rs 22 crore, while domestic institutional investors (DIIs) bought shares worth Rs 3,840 crore.
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