Stock Market Today LIVE: The Indian stock market is expected to open higher on Monday as global risk sentiment improved after the recent developments over US tariffs. The trends on Gift Nifty also signals a gap-up start for the frontline indices, Nifty 50 and Sensex today.
The Gift Nifty was trading around 25,748 level, a premium of nearly 163 points from the Nifty futures’ previous close.
The US Supreme Court struck down President Donald Trump’s earlier reciprocal tariffs. Trump subsequently signed an executive order imposing a fresh 15% global tariff for 150 days.
Globally, Asian markets traded higher, while the US stock market gained last week after the SCOTUS ruling on Trump tariffs.
Meanwhile, investors will watch out for the nuclear talks between US and Iran amid the ongoing geopolitical tensions. President Trump’s remarks about potentially exploring alternative legal routes to advance his tariff agenda may also keep market sentiment vulnerable and volatile.
Stocks to watch
IDFC First Bank, Bharti Airtel, UPL, Cipla, RailTel Corporation of India, Vikram Solar, Highway Infrastructure and Allcargo Terminals are among stocks to watch today.
Gold Rate Today
Gold prices rose to a more than three-week high, as the dollar fell after on Trump’s tariffs developments. Spot gold rate rallied 1.2% to $5,163.60 per ounce, hitting a more than three-week high. US gold futures for April delivery increased 2% to $5,184.90. Spot silver price climbed 3.1% to $87.10 per ounce, a more than two-week high.
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