Mumbai (Maharashtra) [India], January 21 (ANI): Indian stock markets continued to realize on Tuesday’s opening as Trump 2.0 started, with each indices surging within the opening session.
The Nifty 50 index opened at 23,421.65 with a surge of 76.90 factors or 0.33 per cent, whereas the BSE Sensex was up by 188.28 factors or 0.24 per cent to open at 77,261.72.
Experts said that as Trump 2.0 begins, a variety of government motion is predicted on key areas like tariffs, immigration, tax cuts, deregulation, DOGE, and vitality safety.
Ajay Bagga Banking and Market Expert informed ANI “Trump 2.0 is here. More experienced, more determined and with loads of Day 1 Executive Orders issued. As the Trump Cabinet gets approved, a lot of these will start getting translated into legislation and action on the ground will start”.
He additional added “On key areas like tariffs, immigration, tax cuts, deregulation, DOGE and energy security, expect immediate action or studies for taking action shortly. US dollar, US Bond yields, global markets and global commodities are all moving in deference to the Trump Impact. Indian markets are relieved that no universal tariffs have been imposed for now”.
In the sectoral indices on NSE, all sectors opened with features, with Nifty Metal and Nifty PSU Bank main in features with a surge of 0.5 per cent. Nifty IT was up by 0.23 per cent.
In the Nifty 50 shares checklist, 37 shares opened with features whereas 13 declined on the time of submitting this report. Ultratech Cement, Apollo Hospital, BPCL, and Wipro opened as high gainers, whereas Trent, Adani Enterprises, Kotak Bank, and NTPC opened as high losers in Nifty 50.
In the quarterly earnings in the present day, UCO Bank, KEI Industries, Tata Technologies, Dalmia Bharat, PNB Housing Finance, Aditya Birla Real Estate, Indiamart Intermesh, and India Cements are a number of the main firms that can announce the outcomes of quarter 3 in FY25.
In the opposite Asian markets, the Nikkei 225 index surged greater than 1.16 per cent, Hong Kong’s Hang Seng index was up by 1.72 per cent, Taiwan Weighted index was up by 0.51 per cent, whereas Singapore’s Straits Times and South Korea’s KOSPI have been down by 0.14 per cent. (ANI)