Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened in green on Tuesday. While Nifty50 was above 25,850, BSE Sensex was up over 250 points. At 9:16 AM, Nifty50 was trading at 25,862.30, up 72 points or 0.28%. BSE Sensex was at 84,156.95, up 279 points or 0.33%.Analysts see a largely range-bound trend and stock-specific moves as the earnings season begins to unfold.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Geopolitical developments and President Trump’s comments and actions will continue to influence markets. Trump’s weaponisation of tariffs has already impacted global trade and particularly countries which have been targeted with penal tariffs. Trump’s latest declaration that the US will impose 25% tariffs on countries doing trade with Iran clearly sends out the message that this policy of weaponisation of tariffs will continue.““Apart from targeting other countries Trump is also targeting those who don’t toe his line at home. The charges leveled against the Fed chief Jerome Powell is an example of the fact that Trump will go against anyone who doesn’t fall in line. This unprecedented, unstable, unpredictable behavior of the US president will continue to weigh on markets. From the Indian market perspective, the necessity of a US-India trade agreement was evident yesterday when the market bounced back sharply when the US ambassador Sergio Gor declared that the US is determined to have a trade agreement with India and the talks will resume as early as January 13th. In the near-term Q3 results will witness stock specific action.”US equities ended Monday on a strong note, with both the S&P 500 and the Dow Jones Industrial Average closing at record highs. Gains were led by technology stocks and retail major Walmart, as investors largely looked past concerns surrounding the US Justice Department’s criminal investigation into Federal Reserve Chair Jerome Powell.Asian markets followed suit, with shares rising close to record levels, supported by optimism around corporate earnings and improving regional growth prospects. The positive momentum reflected a broader shift in investor focus beyond US-centric risks.In currency markets, the dollar remained under pressure on Tuesday after the Trump administration initiated a criminal probe into Powell, an action that has reignited worries over the Federal Reserve’s independence and raised fresh questions about confidence in US assets.Foreign portfolio investors were net sellers of Indian equities to the tune of Rs 3,638 crore on Monday, while domestic institutional investors provided support by purchasing shares worth Rs 5,839 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
