Market Overview

Today, the Indian equity benchmark indices, BSE Sensex and Nifty50, experienced significant declines during Tuesday morning trading. The BSE Sensex plunged over 350 points, while the Nifty50 dropped below the 23,450 mark.

Key Figures: At 9:17 AM, the BSE Sensex was trading at 77,046.41, down 369 points or 0.48%. The Nifty50 was at 23,431.40, down 88 points or 0.37%.

Global Market Influence

The Indian equity markets showed limited movement last week, ending with slight gains. Traders are now focusing on international developments, especially the effects of reciprocal tariffs starting April 2, and their potential impact on global commerce.

Expert Analysis

Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, comments on the global market's focus on upcoming tariff announcements and their potential effects on different countries and sectors. India's market outperformed in March, but the future depends on these international developments.

Quarterly Performance

The first quarter of 2025 saw the S&P 500 and Nasdaq Composite register their poorest quarterly results since 2022, affected by unclear signals regarding financial policies in the US.

Investor Activity

Foreign portfolio investors were net sellers last Friday, while domestic institutional investors purchased shares worth Rs 7,646 crore. FIIs' net short position saw a significant change from Thursday to Friday.