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Indian equity markets are set for a weak opening on Friday after US President Donald Trump announced steep new tariffs
Stock Market Today
Sensex Today: Indian equity markets are set for a weak opening on Friday after US President Donald Trump announced steep new tariffs, including a 100% duty on all branded and patented pharmaceutical imports beginning October 1, 2025. The announcement also included a 25% tariff on heavy trucks and a 50% levy on kitchen cabinets and related products.
At 7:50 AM, GIFT Nifty Futures were trading 10 points lower at 24,954, indicating a muted to negative start for domestic equities.
Global Cues
Asia-Pacific markets opened in red on Friday after President Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Last checked, South Korea’s Kospi index edged 1.9 per cent lower, Japan’s Nikkei 225 was down 0.3 per cent, and Australia’s ASX 200 was down 0.3 per cent.
US stocks declined for a third consecutive session on Thursday as investors reacted to an unexpected decrease in jobless claims and a significant upward revision to GDP growth. These developments have added complexity to the outlook for interest rate cuts, contributing to uncertainty surrounding the Federal Reserve’s policy direction. Overnight, the Nasdaq Composite index fell 0.5 per cent, S&P 500 ended 0.5 per cent down, and Dow Jones fell around 0.38 per cent.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
September 26, 2025, 09:09 IST
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