support@headlinenews360.com
Stock Market Today 29 May 2025: After the US Federal Court’s decision to stop Trump’s Liberation Tariff as unconstitutional, it seems bright in the Asian market to the Indian market. The market started with a rise of 400 points in the Sensex on Thursday, the fourth trading day of the week after a decline of two consecutive days. While the Nifty is open to beyond 24,850. IT stocks are seeing fast today.
Asian market boom
The Asian market saw a boom on Thursday after the US Federal Court described Liberation Tariff as unconstitutional. The court said that President Trump has encroached his rights from the reciperock tariff. After this decision of the court, Nikkea, Japan saw a rise of 1.16 percent. Kospi 1.07 percent, ASS 200 also went up 0.27 percent. While broader topics jumped 1.11 percent. S&P futures saw an increase of 1.44 percent while Nasdaq 100 futures saw 1.76 percent and Dow Jones Futures saw an increase of 1.15 percent.
Fall for the second consecutive day on Wednesday
On this, there was a decline for the second consecutive day on the first Wednesday. The BSE Sensex was at a loss of 239 points. The market came down due to selling in ITC and vehicle shares. The company’s stock was broken after the UK’s multinational company BAT PLC reduced the stake in the ITC that manufactures daily use goods.
The BSE Sensex based on thirty stocks fell 239.31 points, or 0.29 percent, closed at 81,312.32 points. At one time it came down to 307.61 points during trading. Similarly, the Nifty of the National Stock Exchange based on 50 stocks closed at 24,752.45 points with a drop of 73.75 points, or 0.30 percent.
Jiojit Investment Ltd. Research Chief Vinod Nair says that the domestic index remained in loss with a limited scope. The main reason for this is the lack of support from FII and more evaluation of shares. He said that with the deadline for the US fee to be postponed for 90 days, there is concern about the Indo-US trade relations.
