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  • NIFTY 25,238.95 +19.05 (+0.08%)
  • SENSEX 82,662.15 -64.49 (-0.08%)
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Thursday, July 24, 2025 , BSE Sensex : 82,662.15 82,662.15(-0.08%) , Adani Ports : 1,424.40 1,424.40(0.23%) , Asian Paints : 2,372.90 2,372.90(-0.06%) , Axis Bank : 1,099.60 1,099.60(-0.50%) , Bajaj Finance : 964.10 964.10(-0.42%) , Bajaj Finserv : 2,056.00 2,056.00(-0.24%) , Bharat Electron : 399.50 399.50(-0.19%) , Bharti Airtel : 1,945.40 1,945.40(0.11%) , Eternal Ltd : 307.00 307.00(1.66%) , HCL Technologies : 1,531.40 1,531.40(0.09%) , HDFC Bank : 2,029.30 2,029.30(0.23%) , Hind. Unilever : 2,461.20 2,461.20(0.40%) , ICICI Bank : 1,484.25 1,484.25(-0.24%) , Infosys : 1,564.15 1,564.15(-0.65%) , ITC : 415.40 415.40(0.11%) , Kotak Mah. Bank : 2,149.05 2,149.05(-0.96%) , Larsen & Toubro : 3,485.10 3,485.10(0.00%) , M & M : 3,281.70 3,281.70(0.43%) , Maruti Suzuki : 12,637.00 12,637.00(0.09%) , NTPC : 343.15 343.15(0.06%) , Power Grid Corpn : 300.10 300.10(0.28%) , Reliance Industr : 1,416.10 1,416.10(-0.59%) , St Bk of India : 818.65 818.65(-0.26%) , Sun Pharma.Inds. : 1,690.80 1,690.80(0.49%) , Tata Motors : 701.05 701.05(1.57%) , Tata Steel : 163.70 163.70(0.55%) , TCS : 3,168.85 3,168.85(-0.33%) , Tech Mahindra : 1,547.10 1,547.10(0.00%) , Titan Company : 3,464.65 3,464.65(-0.20%) , Trent : 5,295.00 5,295.00(-1.28%) , UltraTech Cem. : 12,284.35 12,284.35(-0.69%) ,

Nifty 50 : 25,238.95 19.05(0.08%) , Adani Enterp. : 2,614.50 0.00(0.00%) , Adani Ports : 1,420.80 0.00(0.00%) , Apollo Hospitals : 7,373.50 0.00(0.00%) , Asian Paints : 2,375.40 0.00(0.00%) , Axis Bank : 1,104.80 0.00(0.00%) , Bajaj Auto : 8,397.00 0.00(0.00%) , Bajaj Finance : 968.30 0.00(0.00%) , Bajaj Finserv : 2,060.50 0.00(0.00%) , Bharat Electron : 400.20 0.00(0.00%) , Bharti Airtel : 1,943.80 0.00(0.00%) , Cipla : 1,473.50 0.00(0.00%) , Coal India : 390.75 0.00(0.00%) , Dr Reddy's Labs : 1,247.40 0.00(0.00%) , Eicher Motors : 5,441.50 0.00(0.00%) , Eternal Ltd : 302.05 0.00(0.00%) , Grasim Inds : 2,709.10 0.00(0.00%) , HCL Technologies : 1,529.80 0.00(0.00%) , HDFC Bank : 2,024.30 0.00(0.00%) , HDFC Life Insur. : 762.50 0.00(0.00%) , Hero Motocorp : 4,363.70 0.00(0.00%) , Hind. Unilever : 2,450.40 0.00(0.00%) , Hindalco Inds. : 695.40 0.00(0.00%) , ICICI Bank : 1,488.60 0.00(0.00%) , IndusInd Bank : 851.15 0.00(0.00%) , Infosys : 1,574.50 0.00(0.00%) , ITC : 414.95 0.00(0.00%) , Jio Financial : 314.45 0.00(0.00%) , JSW Steel : 1,033.80 0.00(0.00%) , Kotak Mah. Bank : 2,170.40 0.00(0.00%) , Larsen & Toubro : 3,484.90 0.00(0.00%) , M & M : 3,268.80 0.00(0.00%) , Maruti Suzuki : 12,627.00 0.00(0.00%) , Nestle India : 2,452.50 0.00(0.00%) , NTPC : 343.05 0.00(0.00%) , O N G C : 245.55 0.00(0.00%) , Power Grid Corpn : 299.25 0.00(0.00%) , Reliance Industr : 1,424.60 0.00(0.00%) , SBI Life Insuran : 1,809.50 0.00(0.00%) , Shriram Finance : 654.05 0.00(0.00%) , St Bk of India : 820.65 0.00(0.00%) , Sun Pharma.Inds. : 1,682.50 0.00(0.00%) , Tata Consumer : 1,062.60 0.00(0.00%) , Tata Motors : 690.10 0.00(0.00%) , Tata Steel : 162.77 0.00(0.00%) , TCS : 3,179.10 0.00(0.00%) , Tech Mahindra : 1,546.60 0.00(0.00%) , Titan Company : 3,471.40 0.00(0.00%) , Trent : 5,359.00 0.00(0.00%) , UltraTech Cem. : 12,372.00 0.00(0.00%) , Wipro : 261.40 0.00(0.00%) , Thursday, July 24, 2025

Home >> Markets >> Equities >> News - News Details
Market Commentary - Foreign Markets
10-Apr-2025     09:39
US Stocks Soar as Trump Announces 90-Day Tariff Pause; Nasdaq Jumps 12.2%
The Nasdaq soared 1,857.06 (12.2%) to 17,124.97, the S&P 500 spiked by 474.13 points (9.5%) to 5,456.90 and the Dow surged 2,962.86 points (7.9%) to 40,608.45.

Stocks showed a lack of direction early in the day but skyrocketed after President Donald Trump announced a 90-day pause on new reciprocal tariffs on most countries to allow for negotiations. White House press secretary Karoline Leavitt told reporters that tariffs would be brought down to a universal 10% level during the 90-day pause. However, the pause will not apply to China, as Trump announced he is raising the tariff on the country to 125% due to the lack of respect they have shown to the world's markets. The higher tariffs on China come after the country retaliated to a previous increase by announcing it will raise its tariffs on US goods to 84% from 34% just after midnight on Thursday.

Semiconductor stocks skyrocketed in reaction to the latest tariff news, with the Philadelphia Semiconductor Index soaring by 18.7%. Substantial strength also emerged among airline stocks, as reflected by the 15.3% spike by the NYSE Arca Airline Index. Oil service stocks too moved sharply higher amid a significant rebound by the price of crude oil, driving the Philadelphia Oil Service Index up by 12.9%. Computer hardware, software and networking stocks also showed strong moves to the upside, moving higher along with most of the other major sectors.

Asia-Pacific stocks turned in a mixed performance. Japan's Nikkei 225 Index plunged by 3.9% while China's Shanghai Composite Index shot up by 1.3%. Meanwhile, the major European markets all moved sharply lower. While the French CAC 40 Index dove by 3.3%, the German DAX Index tumbled by 3.0% and the U.K.'s FTSE 100 Index slumped by 2.9%.

In the bond market, treasuries extended the sharp pullback seen over the two previous sessions. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, surged 13.8 bps to 4.40%.

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