Stock Market Opening Bell: Sensex, Nifty bounce back as US court rules against Trump’s tariffs

Stock Market Opening Bell: Gift Nifty, an early indicator for the Nifty 50, indicated a positive start as it opened in the green with a gain of 24,777.50, against the previous close of 24,737.50.

Mumbai:

Sensex, Nifty Today: Indian benchmark indices Sensex and Nifty bounced back on Thursday, i.e. on May 29, 2025, as a federal court has blocked President Donald Trump from imposing ‘Liberation Day’ tariffs on imports. While the 30-share BSE Sensex surged 278.71 points to open at 81,591.03, Nifty was up by just 72.65 points to start the trading session at 24,825.10. In the last trading session, the Sensex closed at 81,312.32 and the Nifty 50 at 24,752.45. In the broader market, while the BSE Smallcap was up by around 150 points or 0.28 per cent, the BSE Midcap index too started trading in the green territory and added around 100 points in the opening trade. 

From the Sensex pack, Tata Motors, HDFC Bank, Infosys, Adani Ports and HCL Tech were in green in the opening trade, with Tata Motors being at the top with a gain of 0.90 per cent. On the other hand, stocks like IndusInd Bank and Asian Paint were in the red at the time of writing this news, with IndusInd falling around 0.21 per cent.

In early trade, 1,569 stocks in the Nifty pack were trading in the green, while 673 were trading in the red. 70 stocks remained unchanged. 

What did Gift Nifty indicate?

Gift Nifty, an early indicator for the Nifty 50, indicated a positive start as it opened in the green with a gain of 24,777.50, against the previous close of 24,737.50.  

 

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