Domestic equity markets opened higher on Monday after a US decision striking down former President Donald Trump’s tariff measures provided relief to investors and lifted global sentiment.
However, analysts warned that volatility is likely to persist amid fresh tariff announcements and rising geopolitical tensions.
The benchmark NIFTY 50 opened at 25,678.40, up 107.15 points or 0.42 per cent, while the BSE Sensex began the session at 82,906.83, gaining 92.12 points or 0.11 per cent.
Market expert Ajay Bagga noted that Indian stock futures had surged after the tariff ruling but pared some gains as fresh 10–15 per cent global tariff announcements kept India on par with Asian competitors. With monthly expiry approaching and markets in an overbought zone, he cautioned that the week could remain choppy, especially as investors closely monitor developments around Iran negotiations.
Tariff uncertainty continues to shape global market trends. Trump had initially imposed 10 per cent tariffs under Section 122, later raising them to 15 per cent. A relief rally followed after the US Supreme Court struck down the President’s constitutional authority to levy certain tariffs.
In the commodities segment, safe-haven buying intensified. Gold prices climbed 2 per cent to ₹1,59,908 per 10 grams for 24-karat gold, while silver surged 6 per cent to ₹2,68,120 per kg.
On the sectoral front, most indices on the National Stock Exchange of India traded in the green, except IT. Nifty Metal gained 1 per cent, Nifty Auto rose 0.46 per cent, and Nifty Pharma advanced 0.47 per cent. Nifty PSU Bank, Realty and Consumer Durables also registered gains.
Broader Asian markets mirrored the positive trend. Singapore’s Straits Times edged up 0.28 per cent, Hong Kong’s Hang Seng jumped 2.21 per cent, Taiwan’s Weighted Index rose 1.41 per cent, and South Korea’s KOSPI gained 0.31 per cent. Japanese markets remained closed due to a holiday.
