Last Updated:May 30, 2025, 15:41 IST
Indian equity indices, Sensex and Nifty, are set for a cautious start on Friday as investors await key triggers
Stock Market Today
Sensex Today: Benchmark Indian equity indices ended lower in the final session of the week as widespread selling across IT, Metal, and Auto sectors weighed on market sentiment. Investors remained cautious in the face of continued volatility, closely tracking the final batch of corporate earnings for the March 2025 quarter, the upcoming Q4FY25 GDP data, and global trade tensions linked to US President Donald Trump’s latest tariff plans.
The BSE Sensex closed down 182.01 points, or 0.22%, at 81,451.01, after trading between 81,698.21 and 81,286.45 during the day.
Similarly, the NSE Nifty50 settled 82.90 points, or 0.33%, lower at 24,750.70, after hitting a high of 24,863.95 and an intra-day low of 24,717.40.
Among the sectoral indices, the Nifty PSU Bank index bucked the trend, climbing 2.88% led by gains in Maharashtra Bank and UCO Bank. Apart from Nifty Media and a few Financial Services names, all other NSE sectoral indices closed in the red. The Nifty IT and Metal indices were the biggest laggards, each down over 1%, while the Nifty Auto index dropped nearly 1% (0.98%).
In global trade news, an Appeals Court on Thursday overturned the US Court of International Trade’s decision that had paused Trump’s reciprocal tariffs. Officials signaled that they may ask the US Supreme Court as early as Friday to block the lower court’s decision. Meanwhile, reports suggest the Trump administration is already preparing a “Plan B” to reimpose tariffs.
Global Cues
Asian markets were trading lower on Friday, weighed down by persistent worries over a slowing US economy, sticky inflation, and legal uncertainties surrounding former US President Donald Trump’s reciprocal tariffs.
The US Court of International Trade ruled that Trump overstepped his authority with the tariffs, ordering them to be vacated. However, an appeals court reinstated the levies on Thursday after the Trump administration appealed, with officials hinting at an approach to the US Supreme Court as early as Friday.
Investors are also tracking Japan’s inflation data for hints on monetary policy. Tokyo’s core inflation rose 3.6% year-on-year in April — slightly above expectations — marking the highest level since January 2023.
In Asian trading, Japan’s Nikkei was down 1.48% while the broader Topix index fell 0.8%. South Korea’s Kospi slipped 0.18% and Australia’s ASX 200 inched down 0.19%.
Overnight, US markets ended higher, supported by tech gains, especially in Nvidia. The S&P 500 rose 0.4%, while the Nasdaq Composite added 0.39%, retreating from earlier highs. The Dow Jones gained 0.28%.
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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