Share Market Today: Sensex rallies over 1,200 points to go past 80,000-mark, Nifty surges to 24,312
Indian Stock Market: After a sharp rally in the last two trading sessions, Indian markets struggled to maintain momentum on Tuesday, November 26 as trade tensions resurfaced, triggered by President-elect Donald Trump’s tariff announcements on imports from China, Mexico, and Canada. This raised concerns over the potential impact on global trade relations, prompting investors to book profits at higher levels.
While there were some positive developments in the Middle East, such as reports that Israel was nearing a ceasefire agreement with the militant group Hezbollah, concerns over escalating tensions between Russia and Ukraine, along with Iran's plans to expand its nuclear fuel production, intensified investor fears.
Markets across Asia ended today’s session on a flat note, with India also following suit, as investor sentiment remained subdued. The Nifty 50 ended the session with a modest drop of 0.11%, closing at 24,194, while the Sensex also posted a slight loss of 0.13%, settling at 80,004.