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Stock Market Today: On the third trading day of the week, on the third trading day of the week between US President Donald Trump on copper and pharmaceuticals, on the third trading day of the week, while there was tremendous pressure on the American market on one side, on the other hand, the domestic market is also showing a decline. As soon as the market opened due to the fall in IT, metal and banking sector, the 30 -point Sensex on BSE was opened at 83,553.57 on Wednesday, July 9, 2025. At the same time, the Nifty 50 on NSE is also trading at 25,480.80 by going down 41.70 points.
Dr. VK Vijay Kumar, the Chief Investment Strategist of the Jeepy Investment, says that the biggest trend of the global market at this time is that he is ignoring things arising about the current tarf and is still waiting for more clarity.
Decline from tariff warning
President Trump has announced that the deadline of the tariff will not move forward on August 1. Along with this, there are also indications of imposing 10 percent additional fees on BRICS countries. Meanwhile, its effect on Wall Street was clearly visible. While the S&P 500 index fell 0.07 percent to close at 6,225.52, the Nasdaq Composite climbed 0.03 percent to 20,418.46.
While Dow Jones declined by 0.37 percent and it closed at 44,240.75 levels, if we talk about the Enemy Market, then it seemed a little fast. Here, the topics index saw an increase of 0.19 percent, while South Korea’s Kospi jumped 0.19 percent. While Australia’s ASX 200, fell down 0.59 percent.
Copper a big shock with Trump tariff
Significantly, President Trump has announced to impose 50 percent tariff on copper. Along with this, he has announced to impose 200 percent tariff on imports of pharmaceuticals in the US. However, for this, he has given one to one and a half years.
