Sensex
The Sensex (short for Sensitive Index) is the benchmark stock market index of the Bombay Stock Exchange (BSE) in India. It tracks the performance of the top 30 large and actively traded companies listed on the BSE. These companies span various sectors such as finance, energy, IT, and consumer goods, representing a broad segment of India's economy.
The Sensex is often considered a key indicator of the overall health of the Indian stock market and is used as a reference for investors. It is calculated based on a free-float market capitalization method, which means that the index reflects the market value of the companies that are available for public trading, excluding the shares that are not freely traded.
If you'd like to know about its current value, performance, or history, I can help look up that information for you!
As of April 3, 2025, the Indian stock market experienced a significant downturn due to newly imposed U.S. tariffs. U.S. President Donald Trump announced a 26% reciprocal tariff on imports from India, contributing to global market volatility
Market Indices Performance:
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BSE Sensex: Declined by approximately 0.61%, settling at 76,153.68 points. Reuters
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Nifty 50: Fell by about 0.60%, closing at 23,192.40 points. Business News
Sectoral Highlights:
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Pharmaceutical Sector: Despite the overall market slump, pharmaceutical stocks surged due to their exemption from the new tariffs. Dr. Reddy's Laboratories saw a 6% increase, while Gland Pharma's shares rose by 12%.
Global Market Influence:
The U.S. tariff announcement has raised concerns about potential disruptions in global trade, which could adversely affect India's economic growth and corporate earnings.
Looking Ahead:
Investors are advised to monitor ongoing developments related to international trade policies and their impact on various sectors. Staying informed through reliable financial news sources is crucial for making well-informed investment decisions.
Trump administration to impose a blanket 26% tariff on imports from India has sent ripples across various industries.Reacting to the overnight news development, the Indian market witnessed a kneejerk reaction in the opening trade. The BSE Sesex fell more than 500 points while the Nifty50 slipped below 23,200 in the first 15 minutes of trade.
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