U.S. stock futures declined after President Trump clarified that the new tariffs will take effect on August 1 instead of July 9. Dow futures dropped 146 points, or 0.32%, while S&P 500 and Nasdaq 100 futures slipped 0.39% and 0.42%, respectively.
Stock Market LIVE Updates: Monday Mood on Dalal Street
After finishing last week on a strong note with the Nifty 50 holding steady above 25,400 and the Sensex adding nearly 200 points, Dalal Street is set for a cautious start today. The GIFT Nifty is trading flat around 25,536, signaling a muted open amid lingering global uncertainties. The key culprit? Fresh tariff tensions as the Trump administration announced it will send new tariff letters to trade partners starting Monday, with rates expected from August 1. This has rattled global markets, with Asia-Pacific indices like Japan’s Nikkei and Hong Kong’s Hang Seng slipping early on.
Despite this, the Indian market’s fundamentals remain solid. Foreign investors continue to show interest, and domestic momentum from last week’s rally holds firm. Volatility is expected to pick up as the week progresses, especially with earnings season approaching and geopolitical factors in play.
Stocks to watch include Nykaa, Jubilant FoodWorks, UltraTech Cement, IndusInd Bank, and Tata Steel, each bringing their own stories from earnings growth to regulatory developments. With a mix of cautious optimism and watchful trading, Dalal Street is poised to navigate the global storm with resilience.
Keep your eyes on the charts and your strategies sharp — the market dance is just beginning!!!
Here are the LIVE Updates:
The Board of PC Jewellers have decided to raise funds through preferential shares route. The allotment will be on July 10, 2025.
Cochin Shipyard, India’s largest state-owned shipbuilder, has expanded its footprint in the country’s rapidly growing shipbuilding market through a new partnership with HD Hyundai.
GOI’s is planning to sell IDBI Bank. An inter-ministerial groups focusing on the strategic sale of IDBI Bank has been formed.
Infosys implements automated system to track remote working hours to promote work-life balance. Employees exceeding working hours will get a warning message.
The Sensex saw a marginal decline in early trade, reflecting cautious investor sentiment. Meanwhile, the Nifty dropped below the 25,450 mark, tracking mixed global cues and profit booking in key sectors. Broader markets also traded with mild weakness.