Share Market On April 4: Sensex And Nifty Open In Red

Share Market: India’s benchmark indices, Sensex and Nifty50, opened in red on Friday, April 4, 2025. The Sensex (index with top 30 firms) opened 135.27 below at 76,160.09 points on Friday. Meanwhile, Nifty50 (index with top 50 firms) tumbled 59.70 points to open at 23,190.40 points.

The Indian share markets are showing resilience as compared to Asian peers. However, it opened in negative on Friday, the second day following the announcement of new tariffs by U.S. President Donald Trump. The other Asian indices faced a sharp downturn amid concerns over a global trade war and heightened recession fears.

Among the top gainers in the Nifty50 were HDFC Bank, Bajaj Finance, and Zomato, while the biggest losers included ONGC, Infosys, Hindalco, TCS, and Tata Motors.

The broader Asian markets continued to reel under heavy selling pressure. Japan’s Nikkei 225 index dropped by more than 3%, while Singapore’s Straits Times Index also declined by 3%. South Korea’s KOSPI lost 1.45%, indicating widespread concerns over the trade war’s economic repercussions.

The negative sentiment was even more pronounced in the U.S. markets, where major indices recorded steep losses in reaction to Trump’s tariff announcement.

On Thursday, the S&P 500 plummeted by 4.84%, while the Nasdaq suffered an even sharper decline of 5.97%. The heavy sell-off on Wall Street further fuelled concerns of an impending recession and the broader implications of escalating trade tensions.

Share Market: What Experts Said?

Market expert Ajay Bagga highlighted the severe impact of what is being referred to as the “U.S. Liberation Day” tariffs.

He told ANI, “The US Liberation Day tariffs proved to be very damaging for market sentiment, with global economic recession risks being raised by analysts due to the risks of a global trade war. US stock markets bore the brunt of the “Make America Wealth Again” tariffs, which are seen as a self-defeating move that will raise prices, reduce choice and lead to demand destruction. Indian markets weathered the Asian, European and US markets’ fall, with banks and financials doing the heavy lifting.”

The Indian market now awaits the earnings season, which begins next week, and is expected to act as a key catalyst for stock movements. Additionally, investors are anticipating the Reserve Bank of India’s (RBI) interest rate decision on April 9, which could further influence market direction.

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