Stock Market Live Today: Indian stock market recovered after falling sharply following the sweeping 25 per cent tariff announcement on Indian goods by Trump administration. As of 11:28 am, the BSE Sensex recovered over 550 points from the day’s low and was trading at nearly 81,250, down 0.29% as compared to the previous close. The NSE Nifty was trading at 24,800.
As of 9:27 AM, the Nifty50 had declined 182.60 points, or 0.73%, to 24,668.20, while the Sensex was down 611.48 points, or 0.75%, at 80,870.38. Analysts expect markets to fall by 1–2% during the session as investors digest the geopolitical and economic implications of the move.
Trump, in a sharp rebuke, stated that India imposes “some of the highest tariffs in the world” and maintains “the most strenuous and obnoxious non-monetary trade barriers of any country.” He also warned of further penalties tied to India’s continued energy imports from Russia.
With this announcement, India now faces one of the steepest US tariff regimes. In comparison, Vietnam faces 20% tariffs, Indonesia 19%, and Japan 15%. Brazil, meanwhile, received temporary relief from a proposed 50% tariff.
Sectors expected to be most impacted include garments, pharmaceuticals, gems and jewellery, automotive, and petrochemicals—areas that form a significant part of India’s exports to the US.