Stock Market Live Updates Today | Sensex, Nifty Surge: Trump’s Tariff Pause Boosts Indian Markets, Gold Soars Amid Global Trade War Fears

Stock Market Live Updates Today | Sensex, Nifty Surge: Trump’s Tariff Pause Boosts Indian Markets, Gold Soars Amid Global Trade War Fears

Mumbai, India – In a dramatic turn of events, Dalal Street witnessed a roaring start on Friday as investor sentiment got a significant boost following a temporary pause on hefty tariffs by the United States. Indian equity benchmarks — the BSE Sensex and NSE Nifty 50 — opened on a strong note and continue to trade firmly in the green. This bullish momentum was triggered after former U.S. President Donald Trump hit the brakes on the proposed 26% tariffs on Indian goods, bringing a wave of relief to domestic and foreign investors alike.

Broad-Based Rally Across Sectors

The rally wasn't limited to just blue-chip stocks. The BSE Mid-cap and Small-cap indices also saw a surge, highlighting broad-based buying interest across the market. Sectors such as banking, IT, FMCG, and auto are seeing heavy inflows, indicating growing optimism around India’s economic resilience amidst global headwinds.

• Sensex Today: Up over 700 points at 74,900 (approx.)

• Nifty 50 Today: Up 210+ points, nearing the 22,700 mark

• BSE Midcap & Smallcap: Gaining over 1.5% intraday

This sharp upward movement in Indian indices contrasts sharply with global trends, particularly in Asia, where markets were largely in the red.

Global Market Overview: Contrasting Fortunes

While Indian markets celebrated, Asian peers weren't as fortunate. Japan’s Nikkei 225 plunged 5.4% to close at 32,744, marking one of its steepest single-day falls in recent months. The drop was driven by concerns over an escalating trade war between the world’s two largest economies — the United States and China.

In the U.S., the Nasdaq Composite Index suffered a sharp 4.6% fall in Thursday’s trade session, with technology stocks leading the decline. The Dow Jones Industrial Average and S&P 500 also closed significantly lower, indicating widespread investor anxiety over protectionist policies and slowing global growth.

Key Global Developments Impacting Indian Markets

1. Trump’s Aggressive Tariffs on China

In a move that escalated trade tensions, the Trump administration announced a 125% additional tariff over a base 20% on a wide range of Chinese imports. This takes the total tariff burden to a staggering 145%. In retaliation, China imposed an 84% tariff on U.S. goods, intensifying fears of a global trade war and supply chain disruptions.

“The decision to raise tariffs came after China failed to meet the Tuesday deadline set by Trump to remove its retaliatory duties,” said a White House official.

2. Temporary Relief: 90-Day Pause on Tariffs

Amid mounting pressure from global businesses and international stakeholders, Trump announced a 90-day pause on reciprocal tariffs for most countries, excluding China. While the move temporarily eases tensions, analysts remain concerned that singling out China with disproportionately high tariffs could still disrupt global trade and slow economic recovery.

Gold Prices Rally: Safe Haven Buying Increases

With uncertainty looming over global equity markets and the threat of a prolonged trade war, investors are turning to traditional safe-haven assets like gold. In international markets, gold prices soared to multi-year highs.

• Gold Futures (COMEX): Jumped 3.2% to close at $3,177.50/oz, marking the best single-day performance since April 9, 2020.

• Week-to-date, gold has surged nearly 4.7%, putting it on track for its strongest weekly gain since November 22, 2024.

Rising gold prices indicate heightened risk aversion and fears of economic uncertainty among global investors.

Investor Outlook: Mixed Signals Amid Geopolitical Tensions

Despite Friday’s surge in Indian equities, analysts warn investors to remain cautious. The global economic environment remains volatile, with geopolitical tensions, central bank policy shifts, and inflation risks still looming large. The RBI’s stance in the upcoming policy meet, along with earnings results from major Indian corporates, will also play a crucial role in determining near-term market direction.

“The Indian market has shown remarkable resilience. But given the uncertainties around global trade policies and macroeconomic indicators, we recommend a balanced portfolio approach,” said a senior analyst from Motilal Oswal.

Stock Market Key Takeaways:

• Dalal Street gains amid easing of US-India tariff tensions

• Sensex and Nifty surge; Midcaps and Smallcaps also in green

• Gold prices see biggest single-day jump in 4 years

• US-China trade war intensifies, global markets feel the heat

• Investors advised to remain vigilant amid global uncertainties