The latest decision of US court on tariff recovery fell market, 167 points broken Sensex, IT Stocks under Pressure


Stock Market Today 30 May 2025: The Indian stock market started with a decline on the last trading day of the week i.e. Friday 30 May. As soon as the market opened, the Sensex broke 140 points. And then fell and went down 167 points. While the Nifty is also open by going below 24,800. After the fourth quarter result of Ola Electric, its stock has gone down 7 percent. There is also a lot of pressure on IT stocks.

Asian market declines
There was a decline in the Asian market on Friday amid the uncertainty on Trump’s tariff. The US court first stopped the tariff, then ordered to continue it. After this, Nikkei slipped 1.48 percent while the broader topics index also declined by 0.8 percent. 0.18 percent has also slipped in South Korea, while ASX 200 has also slipped 0.19 percent.

Bounce on Thursday
The stock market showed a boom on Thursday a day earlier. The direct impact of stopping the decision of Trump Tariff from the US court showed the direct impact from the Asian markets to the Indian stock market. The BSE Sensex based on 30 shares jumped 320.70 points, or 0.39% and closed at 81,633.02. At one time during trading, it rose 504.57 points to 81,816.89 points. Whereas NSE’s 50 -share Nifty reached 81.15 points i.e. 0.33% and reached 24,833.60.

Jiojit Investment Ltd. Research Chief Vinod Nair says that such global perception improved after the US court banned Trump Tariff. RBI said that the country will also remain the fastest growing economy in the world in the current financial year (2025-26). In addition, according to the official data released on Wednesday, India’s industrial production growth in April 2025 slowed down to 2.7 percent due to poor performance of manufacturing, mining and power sectors.

Also read: This company increased more than expected, now the biggest dividend in its history will give



Source link

support@headlinenews360.com

Related Posts

Street vendor push: Loan hike, credit cards okayed | India News – Times of India

NEW DELHI: Govt has approved higher subsidised loans for street vendors under the second phase of PM SVANidhi scheme and expanded its coverage by bringing around 50 lakh more beneficiaries…

Trump’s tariff hit: India among dozens to be impacted after new deadline – 10 key takeaways for the world from the fresh White House order – Times of India

In another move aimed at trade enforcement, the US has unveiled a comprehensive revision of global tariff rates, targeting several countries and territories along with the European Union.The move, formalised…

Leave a Reply

Your email address will not be published. Required fields are marked *