Nifty, Sensex opened flat after Trump reassured investors of no global recession

Mar 12, 2025

NEW DELHI: Indian stock markets started the day on a positive note on Wednesday, even as global markets including US and Europe faced pressure.

The Nifty 50 index opened at 22,536.35, gaining 38.45 points or 0.17 per cent, while the BSE Sensex opened at 74,270.81, up by 168.49 points or 0.23 per cent.

On Tuesday, U.S. President Donald Trump reassured investors that he does not see a risk of a U.S. recession. His statement helped U.S. markets recover some of their earlier losses, easing concerns among investors. However, many remain cautious about the overall market direction.

Experts noted that the portfolio managers are taking a careful approach to manage the uncertainty. They are keeping extra cash reserves, reducing investments in overvalued stocks, and diversifying their portfolios to avoid risks related to Trump's trade policies.

Compared to his first term, Trump seems more comfortable with market fluctuations, leading to the belief that his administration is less likely to intervene to support stock markets.