Umair
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Benchmark equity indices, BSE Sensex and Nifty50, opened lower on Monday, tracking weak global cues and declines in Asian markets.
Sensex, Nifty Today
Benchmark equity indices, BSE Sensex and Nifty50, opened lower on Monday, tracking weak global cues and declines in Asian markets.
At the start of trading, the BSE Sensex was down by 515.26 points, or 0.66%, at 76,990.70, while the Nifty50 was at 23,271.20, dropping 210.95 points, or 0.9%.
Global Cues
Markets across the Asia-Pacific region were in the red on Monday after US President Donald Trump imposed tariffs on Canada, Mexico, and China over the weekend.
Australia’s S&P/ASX 200 dropped 1.7%, while Japan’s Nikkei 225 fell 1.99% and the Topix lost 1.85%. South Korea’s Kospi declined 2.43%, with the small-cap Kosdaq down 2.64%. Hong Kong’s Hang Seng Index was 0.52% lower.
Meanwhile, US stock futures tumbled on Sunday night as markets reacted to the newly imposed tariffs. Futures tied to the Dow Jones Industrial Average dropped by 463 points, or 1%, while S&P 500 futures fell 1.6% and Nasdaq-100 futures lost 2.1%.
