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Nifty 50, Sensex on January 22: Benchmarks Sensex and Nifty50 started on a positive note, tracking firm global cues.
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Stock Market Updates: Benchmarks Sensex and Nifty50 started on a positive note, tracking firm global cues.
Global Cues
Asia-Pacific markets were trading mixed, following Wall Street’s gains after President Donald Trump’s less aggressive-than-expected tariff stance.
The Nikkei rose 1.5 per cent, while the ASX 200 was up 0.4 per cent. The Kospi also increased 0.7 per cent. Meanwhile, Sang Seng was down 1.3 per cent.
Overnight in the US, the three major indices advanced as investors perceived Trump’s comments on international trade to be softer than expected. The Dow Jones added 1.24 per cent, the S&P 500 gained 0.88 per cent, and the Nasdaq Composite rose 0.64 per cent.
Trump stated he was considering 25 per cent tariffs on Mexico and Canada starting February 1 due to their border policies while signing first-day executive orders in the White House on Monday night. He also mentioned China, suggesting potential tariffs if it does not approve a TikTok deal.
