Stock Market Today: Indian Stock Benchmarks, Nifty50 And BSE Sensexrose on Friday after days of declines in trading. While Nifty50 was above 25,900, BSE Sensex rose nearly 150 points. At 9:17 a.m., Nifty50 was trading at 25,922.45, up 46 points or 0.18%. BSE Sensex was at 84,327.52, up 147 points or 0.17%.Analysts say Indian stocks are likely to continue to come under pressure in the near term as investors remain wary of possible tariff measures from the Donald Trump administration, ongoing geopolitical risks and muted signals from global markets.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, says: “After yesterday’s sharp correction triggered by the possibility of around 500 per cent tariff on India under the provisions of the Russia sanctions law approved by President Trump, the market will focus on the US Supreme Court’s expected ruling today on the legality of the Trump tariffs.” There is a high probability that the verdict will go against Trump. But the details matter: whether it is a partial elimination of tariffs or a full declaration of tariffs. The market’s reaction would depend on the details. If the Supreme Court declares the Trump tariffs illegal, there would be a rally in India as India is the hardest hit by the 50 percent tariffs.” “This week’s sharp market decline affected even stocks that will not be affected by Trump’s draconian measures. Segments such as financials, consumer discretionary and industrials that have corrected due to the overall market weakness can now be accumulated for long-term investments.”Overnight, US stocks closed mixed. Technology stocks, including Nvidia, came under selling pressure while defense stocks rose after President Donald Trump called for a significantly larger $1.5 trillion military budget.Asian markets opened slightly higher on Friday, recovering from a two-day decline, as investors positioned ahead of U.S. nonfarm payrolls data and awaited a possible Supreme Court ruling related to President Donald Trump’s tariff actions.Investor flows reflected caution as foreign portfolio investors sold shares worth Rs 3,367 crore on Thursday, according to preliminary data. However, domestic institutional investors provided support by purchasing shares worth Rs 3,701 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips from experts are their own. These opinions do not reflect the views of The Times of India.)
