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Key Points

The Indian stock markets opened on a positive note as Trump's second term kicked off, with both Nifty 50 and Sensex showing gains. Market experts are anticipating significant policy actions in areas like tariffs, immigration, and economic deregulation. Sectoral indices, particularly Metal and PSU Bank, are leading the surge, while investors remain cautiously optimistic. Several major companies are set to announce their quarterly earnings, which could further influence market dynamics.

Key Points: Indian Stocks Surge as Trump 2.0 Begins, Markets Optimistic

  • Nifty 50 and Sensex open with gains amid Trump administration's new phase
  • Sectoral indices show positive momentum, with Metal and PSU Bank leading
  • Quarterly earnings from key companies expected to influence market sentiment
  • Global Asian markets display mixed performance
2 min read

Indian stocks continue to surge as Trump 2.0 begin, markets relieved as no universal tariffs imposed so far

Indian stock markets rally on first day of Trump's second term, with Nifty 50 and Sensex gaining amid expectations of key policy shifts

"Trump 2.0 is here. More experienced, more determined and with loads of Day 1 Executive Orders issued. - Ajay Bagga, Banking and Market Expert"

Mumbai, January 21

Indian stock markets continued to gain on Tuesday's opening as Trump 2.0 began, with both indices surging in the opening session.

The Nifty 50 index opened at 23,421.65 with a surge of 76.90 points or 0.33 per cent, while the BSE Sensex was up by 188.28 points or 0.24 per cent to open at 77,261.72.

Experts stated that as Trump 2.0 starts, a lot of executive action is expected on key areas like tariffs, immigration, tax cuts, deregulation, DOGE, and energy security.

Ajay Bagga Banking and Market Expert told ANI "Trump 2.0 is here. More experienced, more determined and with loads of Day 1 Executive Orders issued. As the Trump Cabinet gets approved, a lot of these will start getting translated into legislation and action on the ground will start".

He further added "On key areas like tariffs, immigration, tax cuts, deregulation, DOGE and energy security, expect immediate action or studies for taking action shortly. US dollar, US Bond yields, global markets and global commodities are all moving in deference to the Trump Impact. Indian markets are relieved that no universal tariffs have been imposed for now".

In the sectoral indices on NSE, all sectors opened with gains, with Nifty Metal and Nifty PSU Bank leading in gains with a surge of 0.5 per cent. Nifty IT was up by 0.23 per cent.

In the Nifty 50 shares list, 37 stocks opened with gains while 13 declined at the time of filing this report. Ultratech Cement, Apollo Hospital, BPCL, and Wipro opened as top gainers, while Trent, Adani Enterprises, Kotak Bank, and NTPC opened as top losers in Nifty 50.

In the quarterly earnings today, UCO Bank, KEI Industries, Tata Technologies, Dalmia Bharat, PNB Housing Finance, Aditya Birla Real Estate, Indiamart Intermesh, and India Cements are some of the major companies that will announce the results of quarter 3 in FY25.

In the other Asian markets, the Nikkei 225 index surged more than 1.16 per cent, Hong Kong's Hang Seng index was up by 1.72 per cent, Taiwan Weighted index was up by 0.51 per cent, while Singapore's Straits Times and South Korea's KOSPI were down by 0.14 per cent.

- ANI

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