There will be a bang in the market on Friday – There will be a bang in the market on Friday

The domestic markets are ready for a stunning start on Friday. The markets around the world have accelerated after US President Donald Trump’s unexpected steps back on charges. Therefore, domestic markets can see a great boom on Friday. Traders say that Sensex and Nifty can open up 2-2 per cent and many areas like IT and Pharma can increase by up to 5 per cent.

But market analysts are apprehensive about the rapid durable. Businessmen are eyeing the deepening economic recession and instability. On Wednesday, Trump announced to stop the additional fees levied on countries ready for talks with the US. With this, the fees on China increased from 104 percent to 125 percent. During this period, 10 percent of the Aadhaar duty will be applicable on imports from most other countries.

The move is considered to be the initial step to withdraw from trade war. This is the reason that on Thursday, the global equity markets saw a great rise. European markets rose by more than 5 per cent while the Japanese markets rose by more than 9 per cent. The Indian market remained closed on Thursday due to holiday. Traders say that the boom in domestic markets will not be as fast as Europe or Japan, as the Indian markets have not declined so much.
The Sensex has fallen by 3.6 per cent from April 2, while the Nifty declined by 4 per cent and due to this the market capitalization of firms listed on BSE declined by Rs 19.2 lakh crore.

American markets rose strongly. On Wednesday, S&P 500 rose by 9.5 percent and Nasdaq rose 12.2 percent. However, the enthusiasm in the US market is shown decreasing as on Thursday saw a decline of more than one percent in futures trading. Amar Ambani, Executive Director of Yes Securities, said, “There is a possibility of boom in the market tomorrow.” The report of the UBS said, “This global speed is giving investors a chance to re -assess, bring change and be ready for the second quarter.”

First Published – April 10, 2025 | 11:07 pm IST