fiscal worries, geopolitical tensions, and tariff uncertainty are the "defining" trends for global markets
Indian stock markets opens on positive note on Tuesday, Amid Global uncertainity
Indian stock markets started Tuesday's session on a positive note. The Nifty 50 index opened at 24,786.30, registering a modest rise of 69.70 points or 0.28 percent. Likewise, the BSE Sensex opened at 81,492.50, gaining 118.75 points or 0.15 percent.
According to market experts, there is uncertainty that the global markets are facing due to ongoing tariff tensions, geopolitical tensions related to the Russia-Ukraine situation, and fiscal challenges in the United States, ANI reported.
Ajay Bagga, banking and market expert, told ANI that fiscal worries, geopolitical tensions, and tariff uncertainty are the "defining" trends for global markets.
He further said, “The US stock markets rose on Monday while the US dollar weakened. This morning, Asian stocks are mildly up. Trump is putting pressure on the US Senate to clear his Big Beautiful Bold Tax Bill. Markets and senators are worried about the fiscal deficit issues it will lead to. Manufacturing PMIs in the US and Europe are pointing to a slowdown. But oil prices rose on geopolitical worries despite the economic overhang.”
He added that these factors are making markets complicated to predict, as policy-related news is becoming the main driver.
Other Asian markets mostly traded flat or in the green. However, Hong Kong’s Hang Seng and Taiwan saw strong gains.
(For more news apart from Indian stock markets opens on positive note on Tuesday, Amid Global uncertainity, stay tune to Rozana Spokesman)
