Stock Market Today: Sensex Down Over 1%, Nifty Erases Around 150 Points At Pre-Open 

At pre-open, the NSE Nifty 50 fell 0.60% to 24,233.30, and the BSE Sensex declined 1.02% to 79,819.95.

Yield On The 10-Year Bond Rises At Open

  • The yield on the 10-year bond opened 2 basis points higher at 6.37%

  • It closed at 6.35% Tuesday

Source: Bloomberg

Rupee Weakened Against US Dollar As India-Pakistan Tensions Roils Sentiments

  • Rupee weakened 18 paise to open at 84.62 against US Dollar

  • It closed at 84.44 a dollar on Tuesday

Source: Bloomberg

Stock Market Live Update: Welspun Corp Gets Order Worth Rs 1,950 Crore 

Welspun Corp has secured additional orders worth Rs 1,950 crore for its India pipes facility since February 2025. This brings the company’s current consolidated global order book to Rs 19,300 crore. The newly acquired orders are scheduled to be executed in the fiscal years 2026 and 2027.

Oil Prices Surge As US And China Agrees To Meet 

Oil prices continued to surge in Asia session after rallying more than 3% in the previous day. Prices rebounded as US and China agreed to meet and discuss tariffs. US and China are one of the largest consumers of crude oil which improved demand outlook for oil at a time when Organization of Petroleum Exporting Countries and Allies are increasing supplies.

The brent crude was trading 0.68% higher at $62.57 a barrel as of 8:43 a.m.

Asia Market Update: US-China Trade Talks Support Gains In Share Indices 

Most markets in Asia-Pacific region were trading with gains in Wednesday’s session as US and China will meet for the first time since President Donald Trump imposed protectionist trade policies to discuss tariffs.

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will hold talks with Chinese counter parts in Switzerland this week, Bloomberg reported.

China reduced its benchmark seven-day policy rate to 1.4% from 1.5%. The People’s Bank of China will also cut reserve requirement ratio by half a percentage point, Governor Pan Gongsheng said in a press briefing, as reported by Bloomberg.

The Hang Seng and CSI 300 were trading 1.32% and 0.47% higher, respectively. The Nikkei 225 was down 0.05% .

US Market Update: Share Indices Slump On Risk-Off Mood As Traders Parse Mixed Messages From Trump 

US share indices slumped on Wall Street Tuesday as risk-off sentiment prevailed on mixed messages from President Donald Trump. Market participants keenly wait for the outcome of the Federal Reserve policy meeting. The US central bank will likely keep rates steady.

Trump said that he’s willing to prescribe concession for partner countries who wants to avoid higher tariffs. Market participants read this comment as an indication of continued change in the stance of White House on tariffs.

On Tuesday, the Dow Jones Industrial Average and S&P 500 ended 0.95% and 0.77% down, respectively. The Nasdaq Composite ended 0.87% down.

How Markets React To India-Pakistan Conflict: Elara Securities

Impact on equity market typically unfolds in two phases:

  • An initial drawdown in the Nifty

  • Followed by a recovery to pre-event levels

Sectors That Historically Performed Well During Tension

  • Media, Metals and Banks have outperformed

  • Financials, PSU Banks, Energy held up well

  • FMCG and IT lagged

Catch live updates on India’s Operation Sindoor here.

India’s Benchmark Indices May Open Higher As India Seals FTA With UK; India-Pakistan Tension In Focus

The GIFT Nifty was trading 0.35% higher at 24,311.50 as of 6:55 a.m., which indicated a higher start for Indian benchmark large-cap gauges. The NSE Nifty 50 and BSE Sensex may also open higher as India sealed a free trade agreement with the UK. Further, Asia-Pacific share indices were trading higher early trade Wednesday on news that US and China will likely negotiate on tariffs this week, will also likely to support Indian indices.

India carried out precision strikes as part of the ‘operation sindoor‘ targeting nine terror bases in Pakistan, the Government of India said in early Wednesday. This came after two weeks of a deadly terrorist attack in Pahalgam, Kashmir which claimed lives of 26 Indian civilians.

Tension between two neighbour countries increased following the strikes, which will likely sour investors’ sentiment on concern of geopolitical security.

Traders will keep an eye on Godrej Consumer Products Ltd., KEI Industries Ltd., One 97 Communication Ltd. shares as these companies released their fourth quarter earnings.

India’s benchmark equity indices ended higher for the second session in a row on Monday. The NSE Nifty 50 closed 114.45 points or 0.47% higher at 24,461.15, while the BSE Sensex ended 294.85 points or 0.37% up at 80,796.84.

. Read more on Markets by NDTV Profit.India-UK FTA, gain in Asian shares will likely aid Nifty 50 and Sensex Wednesday. Meanwhile, geopolitical tension between India and Pakistan will weigh on sentiments. Track stock market live updates.  Read MoreMarkets, Notifications 

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