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Trump’s tariff spoils the market Sensex reach 318 points

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uttamkankotiya00@gmail.com

Despite the vulnerability in the global markets after the announcement of the trump’s tariff on US auto imports, local stock executions were closed on Thursday (March 27). The market was closed at a high level of market due to the rise in the financial stocks with heavy weightage in the index.

The BSE Sensex of 30 shares dropped more than 200 points to 77,087.39 today. However, later he went to the lead

At the end of the Sensex blocked 317.93 points or 0.41% to 77,606.43.

Similarly, National Stock Exchange (NSE) nifty 50 also fell 40 points or 0.17 percent to 23,446.35. Later the index was caught again. At the end, Nifty closed on 23,591.95 with 105.10 points or increases of 0.45%.

Top Ganers

Bajaj Finsur, NTPC, Indsind Bank, Larsen and Toubro and Bajaj Benens were the highest in Sensex companies. This has increased by up to 2.85 percent.

Top Losers

On the other hand, Tata Motors, Sun Pharma, Hindustan Unilever, Kotak Mahindra Bank and Bharti Airtel’s share was a major decline in shares. 5.38 percent declined.

Nifty Auto Index Reduction

The 13 main fields were increased in 11. More locally-centered Small-caps and mid-caps have increased by 1.2% and 0.4% respectively. At the same time, apart from the Nifty Auto and Pharma, all other sector Indexs were closed on Thursday.

After the announcement of trump’s tariff on auto imports in April, US President Donald Trump saw auto stocks declined. On Thursday, Nifty Auto Index was closed with 1.04 percent decline. Today the bank Nifty Index is strengthened by 0.72% to 51,576 levels. Nifty IT Index has stopped at the level of 37,548 with the rise of 0.57%. Nifty FMCG has closed 53,277 levels with an extra of 0.54%. At the same time, the Nifty Pharma Index fell 0.40% to 21,275 on the level of 21,275. The biggest reduction is in Nifty IT and it fell 1.04%, has closed at 21,517 levels.

The highest pressure was found on the share of Tata Motors. Tata Motors share on BSE dropped 6.58% to ₹ 661.35. Ashok Leyland decreased by 4.60%, while the share of Mahindra & Mahindra decreased by 1.70%. Gajaj Auto’s share was 1.48% and Apollo Tires’s shares were shown by 1.41%.

Nifty Support Level

Bajaj Broking on Nifty’s Outlook said, “Going forward, we expect to be integrated into the index of the index 23,850-23,200, there are only 15 sessions after 1,900 points after the latest sharp rally Facing the overbought situation in Daily Stochastic. On the downside, support is on 23,20, 20 levels that have recently been breakout.”

How Wednesday Market?

The benchmark index stopped the boom of seven executive sessions on Wednesday and the monthly termination session was stopped on Wednesday before Wednesday. During the second half of the lack of clarification about US tariff policies, Nifty fell to 23,486.85 due to profit-booking. At the same time, the BSE of 30 shares of BSE, the President Index Sensex fell to 728.69 points or 0.93% down to 77,288.50.

What is the state of global markets?

S & P 500 fell 1.12 percent to 5,712.20, Dow Jones Industrial Everji dropped 0.31 percent to 42,454.79 and NASDAQ composite dropped 2.04 percent Come on 17,899.01. The shares of Envia had declined nearly 6%, while large tech names like meta platforms and Amazon, more than 2% and alphabet decreased more than 3 percent. Tesla declined more than 5 percent.

In Asian markets, mixed signals were seen on Thursday. China’s stock markets were seen. Investors responded on the announcement of 25% tariff on auto import by US President Donald Trump. Japan’s benchmark decreased Nikki 225 percent, while the broad broadcaster Sensex dropped 0.48 percent. South Korea’s Caspi 0.94 percent, while the small-cap Cosdeck decreased by 0.74 percent.

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