Market news today: Nifty 50 trade guide in response to Trump tariff; nine stocks to purchase or sell on Wednesday, April 9, 2025
Today’s stock market: Experts suggest eight stocks to buy or sell on Wednesday, April 9, 2025, based on an analysis of the Nifty 50 and Donald Trump’s tariff.
Stock market today: Despite market mood remaining weak due to concerns surrounding the ongoing trade war between the United States and other countries, the Indian stock market saw a relief rally on Tuesday, April 8. Compared to the previous stock market closing of 22,161.60 points,the Nifty 50 index closed 1.69 percent higher at 22,535.85 points.
At 74,227.08 points,the BSE Sensex index closed 1.49 percent higher than the previous Indian stock market close of 73,137.90 points.
The tariffs imposed by Donald Trump :
On Tuesday, April 8, US President Donald Trump increased tariffs on China, raising the overall tariff rate on all imports from the Asian country to 104%.
The US put an additional 50% duty on Chinese imports, raising the total tariff to a record high of 104%, according to White House spokesman Karoline Levitt, as reported by several media outlets.
According to reports, the new tariffs will go into force tomorrow, April 9, 2025. However, President Trump also admitted that the US government is handling a “massive” number of requests from countries looking to negotiate a trade agreement with the US.
President Trump recently wrote on Truth Social, “We’re handling a huge volume of requests for negotiations.”
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