Amid the ongoing uncertainty to install reciperook tariffs by the US administration, the Indian market was panting in early trade on Tuesday morning. The Sensex saw a huge decline of 1100 points, while the Nifty also continued to decline.
The Sensex opened at 76,882.58 points, which closed at 77,414.92. At around 10.35 pm, 981 points fell at 76,434 at 76,434. While it remains at 7230 with a decline of 50 points in the Nifty.
Let us know the five important factors from which the direction of the Indian stock market changed:
Uncertainty about 1-Taurifer Plan:
There is a lot of concern among investors about the tariff to be imposed by the Trump administration in April. According to Bloomberg, Treasury Secretary Scott Besant told Fox News that Donald Trump would reveal the reciperook Tariff Plan during a program at the White House Rose Garden in Washington at 3 pm on Wednesday.
Describing the April 2 announcement as ‘Liberation Day’, President Trump said that its purpose is to punish the business parties which they believe that they have taken advantage of America. Trump has indicated that the tariff plan has been decided and all countries have been included in it. However, experts say that the risk of tariffs will definitely be seen in the market, but this will not affect India much, as more than half of American is reducing tariffs on imported goods.
2- RBI Monetary Policy Committee meeting:
The monetary policy committee of Reserve Bank of India is going to meet between 7 and 9 April. In this, a decision will be taken on policy decisions and interest rates among global uncertainty. It is believed that 25 basis points can be announced by RBI on April 9.
Precautions on the result of 3-fourth quarter:
The results of the fourth quarter of the income of Indian companies are now important for the market. After the last three disappointing quarters, it is believed that the result of the fourth quarter will show some betterment. If the results do not come in the fourth quarter as expected, then the improvement that has happened in March can be disgusted. Experts believe that the first and second quarters of the financial year 2025-26 can be seen to see significant improvements.
Also read: Analysis: Why is the danger of recession hovering over the US between reciperook tariffs? Experts worrying about Trump’s move