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(As on Apr 03, 2025, 14:29)

Markets in red after Trump's 27% tariff levy; IT down 4%

Indian benchmark equity indices continued to trade lower on Thursday, after US President announced a tariff rate of 27 per cent on imports into the US from India.



At 14:25 hours, the 30-share benchmark index was trading at 76324.46 down by -292.98 points or by -0.38 % and then NSE Nifty was at 23255.3 down by -77.05 points or by -0.33 %.



Sensex touched intraday high of 76493.74 and intraday low of 75807.55 The NSE Nifty touched intraday high of 23306.5 and intraday low of 23145.8



The top gainers of the BSE Sensex pack were Power Grid Corporation of India Ltd. (Rs. 297.20,+3.66%), Sun Pharmaceutical Industries Ltd. (Rs. 1767.90,+3.13%), UltraTech Cement Ltd. (Rs. 11497.00,+2.15%), NTPC Ltd. (Rs. 359.45,+2.15%), Asian Paints Ltd. (Rs. 2343.50,+1.60%), among others.



The top losers of the BSE Sensex pack were HCL Technologies Ltd. (Rs. 1472.85,-3.57%), Infosys Ltd. (Rs. 1496.00,-3.47%), Mahindra & Mahindra Ltd. (Rs. 1374.35,-3.46%), Tata Consultancy Services Ltd. (Rs. 3425.50,-3.37%), Tata Motors Ltd. (Rs. 657.10,-2.19%), among others.



HCS index was at 41844.79 up by 722.02 points or by 1.76%. GPT Healthcare Ltd. (Rs. 168.05,+8.07%), Vimta Labs Ltd. (Rs. 1086.40,+7.69%), Jubilant Pharmova Ltd. (Rs. 967.85,+6.40%), Aarti Pharmalabs Ltd. (Rs. 799.75,+6.12%), Neuland Laboratories Ltd. (Rs. 12231.15,+5.65%),.



IT index was at 34398.71 down by -1243.45 points or by -3.49%. Persistent Systems Ltd. (Rs. 4802.85,-9.64%), Coforge Ltd. (Rs. 7175.00,-7.54%), KPIT Technologies Ltd. (Rs. 1228.00,-6.44%), Cigniti Technologies Ltd. (Rs. 1324.65,-6.14%), Zensar Technologies Ltd. (Rs. 684.95,-4.06%),.



The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4255 , shares advanced were 2805 while 1263 shares declined and 187 were unchanged.





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