Trump's tariffs weigh on markets, Nifty falls 10th day

The Sensex and Nifty traded on a lower note on Tuesday as selling pressure in Reliance Industries and IT heavyweights weighed on the indices, following a global risk-off sentiment after U.S. President Donald Trump reaffirmed his tariff plans.At close, the Sensex was down 96.01 points or 0.13 percent at 72,989.93, and the Nifty was down 36.65 points or 0.17 percent at 22,082.65. About 2133 shares advanced, 1673 shares declined, and 118 shares unchanged.
Bharat Electronics, SBI, BPCL, Shriram Finance, Adani Enterprises were the top gainers on the Nifty, while losers included Bajaj Auto, Hero MotoCorp, Bajaj Finserv, Nestle and Eicher Motors.On the sectoral front,Auto, IT, Telecom, FMCG down 0.4-1 percent, while bank, Capital Goods, oil & gas, media and PSU Bank up 0.5-2 percent.BSE Midcap index ended flat and Smallcap index rose 1.3 percent.
Rupee Close:
On 4 Mar'25,the Indian rupee ended 9 paise higher to close at 87.27 against the US dollar on Tuesday,up 0.1 percent on the day, according to information. Global markets weakened as U.S. trade tariffs on China, Canada, and Mexico weighed concerns over economic growth, prompting a decline in stocks and bond yields.However, Asian currencies rose between 0.1% and 0.6%.
Trading Guide:
Market experts have recommended five shares to buy  - Blue Star, Sapphire Foods India, Global Health, Avanti Feeds and Aether Industries.

(Business Correspondent)