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Markets open in red amid global uncertainty, April 2 tariff fears
The Business Guardian
|March 22, 2025
The Indian stock market opened in negative territory on Friday. After a record-breaking close on Thursday, it was weighed down by global uncertainties and looming broad-based reciprocal tariffs set to take effect on April 2.
The BSE Sensex slipped 69.91 points, opening at 76,278.16, while the NSE Nifty declined 22.40 points, starting at 23,168.25. Despite the negative opening, market breadth remained mixed, with 31 Nifty companies advancing and 19 declining.
Among the top gainers were Bajaj Finance, Nestle India, Shriram Finance, ONGC, and Maruti, while the IT sector led the decline, with Infosys, HCL Technologies, TCS, Wipro, and Tech Mahindra among the biggest losers.
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