Nifty, Sensex to Open Gap-Down as Trump’s Tariffs Trigger Global Sell-Off..

Indian stock markets are expected to open lower today as global equities face pressure following former U.S. President Donald Trump’s proposed reciprocal tariffs. The announcement has led to a sharp sell-off in global markets, raising concerns among investors. Asian markets are already trading in the red, mirroring the steep decline seen in U.S. and European indices.

Trump’s tariff policy, which aims to impose retaliatory duties on Chinese and other foreign goods, has escalated global trade tensions. This has triggered a sell-off in Wall Street, where the Dow Jones, Nasdaq, and S&P 500 all recorded significant losses. The ripple effect has been felt across Asian and European markets, and Indian indices are likely to follow suit.

From a technical perspective, Nifty has strong support at 21,800, while resistance is expected near 22,200. For Sensex, the 72,000 level will act as key support, whereas 72,800 remains a critical resistance zone. If these levels break, further downside movement could be seen.

Market analysts suggest that, apart from global cues, Foreign Institutional Investors (FII) activity and currency fluctuations between the Indian Rupee and U.S. Dollar will play a crucial role in shaping today’s market trend. Additionally, crude oil price movements and domestic corporate earnings reports will be closely monitored by investors.

With ongoing uncertainty, traders are advised to stay cautious and use stop-loss strategies while making investment decisions. If global market weakness persists, profit booking could add to the pressure on Indian equities.