The Indian stock market opened on a positive note on Wednesday morning, recovering from Tuesday’s decline. By 10:30 AM, the BSE Sensex surged 465.83 points (0.64%) to 73,455.76, while the Nifty 50 climbed 157.80 points (0.71%) to 22,240.45.

This rebound comes after Tuesday’s market dip, which was triggered by weak global trends, selling pressure from Foreign Institutional Investors (FIIs), and concerns over new US tariffs imposed by President Donald Trump.

Tuesday’s Market Recap: Tariff Concerns Weigh on Indian Stocks

On March 4, the Sensex closed at 72,989.93, down 96.01 points (0.13%), while the Nifty 50 dropped 36.65 points (0.17%), ending at 22,082.65.

Key Factors Behind the Market Decline:

Weak global market trends amid uncertainty over trade policies.
FII outflows – Foreign investors sold ₹3,405.82 crore worth of Indian stocks.
US Tariff Impact – Trump’s tariffs on Canada, Mexico, and China triggered a global selloff.

Despite the losses, analysts pointed out that Indian equities were highly oversold and due for a technical rebound.

Top Gainers & Losers in Sensex

Gainers:
Tata Steel
Mahindra & Mahindra
HCL Technologies
Tech Mahindra
Adani Ports
Tata Motors
Power Grid
NTPC
Infosys
TCS
Bharti Airtel

Laggards:
Bajaj Finance
Bajaj Finserv
UltraTech Cement
HDFC Bank

Expert Insights on Market Trends

Devarsh Vakil, Head of Prime Research at HDFC Securities, stated:

“US markets closed lower on Tuesday as new US tariffs took effect. The S&P 500 suffered its worst day of the year after the announcement.”

He also noted that Indian markets showed resilience compared to global peers, which saw heavier losses due to Trump's tariff policy on Canada, Mexico, and China.

Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services, warned:

“We expect the market to remain weak due to negative global sentiment and the absence of strong domestic triggers.”

Vinod Nair, Head of Research at Geojit Financial Services, added:

“Investors will closely watch key events, including tariff policy updates and US jobless claims. A gradual market recovery is expected from Q1 FY26 as earnings improve and global trade tensions settle.”

Impact of US Tariffs on Global & Indian Markets

On March 4, President Donald Trump launched a fresh trade war against America’s three biggest trading partners – Canada, Mexico, and China.

Immediate Impact:
Global markets reacted negatively, leading to widespread sell-offs.
Brent crude oil fell 0.34% to $70.80 per barrel.
India’s small-cap stocks bounced back after heavy selling pressure, while mid-cap stocks saw minor gains.

What’s Next for Indian Markets?

Investors should expect short-term volatility as the impact of US tariffs unfolds.
Recovery may take place in Q1 FY26, depending on corporate earnings and trade policy clarity.
Sectors like IT, steel, and auto could be impacted based on how US tariffs shift global supply chains.

Conclusion: A Volatile But Promising Market Outlook

Despite Trump’s tariffs and FII sell-offs, Indian equities showed resilience, with Sensex and Nifty rebounding on Wednesday. While short-term volatility may persist, analysts believe that a gradual recovery is likely as corporate earnings improve in FY26.

With global markets still reacting to Trump’s aggressive trade policies, Indian investors should remain cautious and track upcoming economic data.

Why did the Sensex and Nifty rise today?

• After Tuesday’s decline, analysts believe Indian stocks were oversold, leading to a technical rebound on Wednesday.

How did US tariffs impact Indian markets?

• Trump’s tariffs triggered a global selloff, causing market weakness on Tuesday. However, Indian stocks remained more stable compared to global peers.

Which stocks performed well today?

• Tata Steel, M&M, HCL Tech, Adani Ports, TCS, and Bharti Airtel were among the top gainers.

Will the market remain volatile?

• Yes, short-term volatility is expected due to global uncertainties, but a gradual recovery is anticipated from Q1 FY26.

What should investors watch for next?

• Investors should focus on US trade policies, corporate earnings, and global economic data to assess market direction.