{"id":237702,"date":"2025-04-09T02:30:25","date_gmt":"2025-04-09T02:30:25","guid":{"rendered":"https:\/\/peoplebugs.com\/business\/nifty-sensex-on-april-9-2025-gift-nifty-hints-negative-start-as-donald-trumps-104-tariff-on-china-kicks-in\/"},"modified":"2025-04-09T03:52:35","modified_gmt":"2025-04-09T03:52:35","slug":"nifty-sensex-on-april-9-2025-gift-nifty-hints-negative-start-as-donald-trumps-104-tariff-on-china-kicks-in","status":"publish","type":"post","link":"https:\/\/peoplebugs.com\/business\/nifty-sensex-on-april-9-2025-gift-nifty-hints-negative-start-as-donald-trumps-104-tariff-on-china-kicks-in\/","title":{"rendered":"Nifty, Sensex On April 9, 2025: Gift Nifty Hints Negative Start As Donald Trump’s 104% Tariff On China Kicks In"},"content":{"rendered":"
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Stock Market Red | Image:
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Nifty, Sensex On April 9, 2025:<\/strong> Stock markets around the world are falling sharply as fears grow over the impact of the escalating trade war between the United States and China.<\/p>\n <\/div>\n The latest move by U.S. President Donald Trump<\/a> to impose sweeping tariffs on most imports has triggered fresh concerns that a global trade war could slow down economic growth and reduce demand for fuel and goods.<\/p>\n <\/div>\n <\/p>\n <\/p>\n The U.S. announced it will impose a massive 104% tariff on Chinese goods starting at 12:01 a.m. EDT (0401 GMT) on Wednesday. This includes a 50% increase after China failed to remove its 34% retaliatory tariff on U.S. products, as demanded by Trump. In response, China said it would not give in to what it called “U.S. blackmail” and vowed to fight back.<\/p>\n <\/div>\n As a result, global stock markets are seeing red. Japan\u2019s Nikkei index has dropped more than 3.5%, continuing its recent losing streak. South Korea\u2019s Kospi has now officially entered a bear market, falling 20% from its peak in July.<\/p>\n <\/div>\n Other Asian markets are also under pressure. The Hang Seng Index in Hong Kong fell by 377.34 points, or 1.87%, to 19,750.34. China\u2019s SSE Composite Index slipped 21.58 points, or 0.69%, to close at 3,123.97.<\/p>\n <\/div>\n <\/p>\n <\/p>\n Meanwhile, India\u2019s Gift Nifty index\u2014a key indicator of how the Indian stock market is likely to open\u2014has dropped 86 points or 0.38%, trading at 22,432 compared to the previous close of 22,518.5. This decline signals that Indian markets may also open lower, in line with the global trend.<\/p>\n <\/div>\n <\/div>\n Market participants are also keenly awaiting domestic policy signals, with the Reserve Bank of India\u2019s monetary policy decision scheduled for tomorrow morning. Expectations are building around a rate cut.<\/p>\n <\/div>\n \u201cThere are strong expectations that the RBI governor may cut rates by 25 basis points in response to the global uncertainty and the potential economic impact of the tariff situation. We also expect him to maintain a dovish stance,\u201d said Sugandha Sachdeva, Founder of SS WealthStreet, highlighting that bargain buying from lower levels also supported today\u2019s rally.<\/p>\n <\/div>\n \u201cDespite the sharp bounce, caution still lingers. While the market has recovered, the broader outlook is still clouded by uncertainty on the global tariff front. Key resistance levels are seen around 22,800 to 23,100 on the Nifty, which could limit further upside in the near term,\u201d Sachdeva concluded.<\/p>\n <\/div>\nWhy Stock Markets is Falling?<\/h2>\n
What Gift Nifty Indicates?<\/h2>\n
RBI<\/a> Policy and Fed Minutes in Focus<\/h2>\n