Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a muted note on Wednesday, following mixed global market cues.<\/p>\n
Asian markets traded mixed, while the US stock market ended lower amid cautiousness over US tariffs and Federal Reserve policy.<\/p>\n
On Tuesday, the Indian stock market ended higher, lifted by fag-end short-covering, with the Nifty 50 closing above 24,800 level.<\/p>\n
The Sensex<\/a> gained 446.93 points, or 0.55%, to close at 81,337.95, while the Nifty 50 settled 140.20 points, or 0.57%, higher at 24,821.10.<\/p>\n \u201cWe expect the markets to witness selective buying, driven by quarterly results; while broader sentiment would hinge on macroeconomic data and progress in the India-US trade deal,\u201d said Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services<\/a> Ltd.<\/p>\n Also Read<\/strong> | Buy or sell: Vaishali Parekh recommends three stocks to buy today \u2014 30 July 2025<\/a><\/p>\n Here are key global market cues for Sensex today:<\/p>\n Asian Markets<\/strong><\/p>\n Asia markets traded mixed on Wednesday amid uncertainties related to US tariffs. Japan\u2019s Nikkei 225 fell 0.17%, while the Topix was flat. South Korea\u2019s Kospi gained 0.53%, and the Kosdaq rose 0.42%. Hong Kong\u2019s Hang Seng Index futures indicated a weaker opening.<\/p>\n Gift Nifty Today<\/strong><\/p>\n Gift Nifty was trading around 24,821 level, a discount of nearly 17 points from the Nifty futures\u2019 previous close, indicating a muted start for the Indian stock market indices.<\/p>\n Wall Street<\/strong><\/p>\n US stock market ended lower on Tuesday after some disappointing corporate earnings, while investors awaited a Federal Reserve policy.<\/p>\n The Dow Jones Industrial Average declined 204.57 points, or 0.46%, to 44,632.99, while the S&P 500 fell 18.91 points, or 0.30%, to 6,370.86. The Nasdaq Composite closed 80.29 points, or 0.38%, lower at 21,098.29.<\/p>\n United Parcel Service shares plunged 10.6%. Whirlpool share price plummeted 13.4%, UnitedHealth stock price stumbled 7.5%, Boeing shares declined 4.4% and Merck stock dropped 1.7%.<\/p>\n Also Read<\/strong> | Stock market today: Eight stocks to buy or sell on Wednesday\u201430 July 2025<\/a>US-China Trade Talks<\/strong><\/p>\n US and Chinese officials agreed to seek an extension of their 90-day tariff truce, following two days of talks in Stockholm. No major breakthroughs were announced, and US officials said it was up to President Donald Trump to decide whether to extend a truce that expires on August 12.<\/p>\n Trump Tariffs<\/strong><\/p>\n US President Donald Trump said that India could face tariff rates<\/a> as high as 25% on its exports to the United States, but emphasised that a final decision had not yet been made. \u201cI think so,\u201d Trump responded when asked by reporters aboard Air Force One if the US would impose a 20\u201325% tariff rate on Indian goods.<\/p>\n