16 April 2025: The Indian stock market is expected to open lower on Wednesday, a day after seeing a rebound from aftereffects of Donald Trump‘s tariffs, with global investors hoping it to be a relative safe haven amid the volatility created by US President’s reciprocal duties.
The stock market on Tuesday closed with the Sensex reaching 1,577.63 points in the green or 2.10 per cent up, hitting 76,734.89, while the Nifty was up by 500 points or 2.19 per cent in the green, closing at 23,328.55.
Stock market expected to open lower
Indian benchmark indices Sensex and Nifty are expected to open slightly lower on Wednesday, pausing after two sessions of strong gains driven by a relief rally, according to a Reuters report, which added that investors are cautious, awaiting further clarity on global trade dynamics.
As of 7:50 am on Wednesday, Gift Nifty futures were trading at 23,273, indicating a 0.2 per cent dip for the Nifty 50 from Tuesday’s close of 23,328.55.
Analysts cited in the report remained wary of emerging supply chain risks tied to the ongoing US-China trade tensions.
Across Asia, markets were largely in the red, led by declines in China and Hong Kong. Japan’s Nikkei also slipped, weighed down by chip stocks, after Nvidia revealed fresh US export restrictions on a key chip to China.
Summary: U.S. stock markets are expected to open lower due to ongoing tariff uncertainties, despite temporary relief from Trump’s exemptions on electronics.