Stock Market Live Updates: The Indian markets have started the day’s trade with losses on expected lines. The Nifty index is trading with a decline of 160 points. Meanwhile, the Sensex is down nearly 500 points.
The news brings all export-orientated sectors like Textiles, Pharma, Auto Components and Shrimp feed exporters in the spotlight, as they would most likely see a reaction to these developments.
Despite the two-day gain, the Nifty has struggled to cross 24,900 on the upside and is in danger of having its first negative F&O series in five months. 25,244 is the level above which the Nifty has to close today to have a positive July series.
While tariffs grab headlines, as many as five Nifty companies, including Hindustan Unilever, Coal India, Sun Pharma, Maruti Suzuki India, and Eicher Motors report results today, along with a long list of broader market names. Earnings reactions also come from names like M&M, Kaynes Tech, while Jio Financial may react to the fundraising news.
Watch this space for all the Live updates.