Share Market: India’s benchmark indices, Sensex and Nifty50, opened in red on Thursday, March 27, 2025. The Sensex (index with top 30 firms) opened 199.38 below at 78,021.45 points on Thursday. Meanwhile, Nifty50 (index with top 50 firms) tumbled 64.40 points to open at 23,422.45 points.

Indian stock markets opened under due to the US President Donald Trump‘s announcement of 25% flat tariffs on US auto imports effective April 2nd 2025.

Trump announced to impose 25% tariff on US auto imports. The new levy marks a significant escalation in the president’s trade war. The most impacted countries are Canada, Mexico, Germany, South Korea, and Japan. Experts stated that Indian markets will face volatility today due to trade disruptions caused by these tariffs and the volatility in the other major markets.

In the sectoral indices, India’s auto sector shares were also impacted, with Nifty Auto down by 1.37% in opening. Except for Nifty FMCG, all other sectoral indices are under pressure.

In the Nifty50 index, IndusInd Bank and Trent were among the top gainers, while the top losers included NTPC, Tech Mahindra, CIPLA, and Axis Bank.

In other Asian markets, Japan’s Nikkei 225, Taiwan Weighted, and South Korea’s KOSPI index declined, while Hong Kong’s Hang Seng Index surged 1.28%.

Share Market: What Experts Are Saying?

Ajay Bagga Banking and Market Expert stated, “25% US Auto tariffs are the raging issue this morning. US automaker stocks are down in post trading hours by 2% to 6%. Japanese and South Korean automakers are down this morning in Asian trading by a similar 2% to 4%. Broader markets are digesting this news and the impending announcements of reciprocal global tariffs on April 2nd as well as sectoral tariffs on pharmaceuticals and semiconductors.”

“Indian markets will face the global disruption volatility as well as the domestic monthly expiry related volatility today. Given the impending April 2nd announcements, markets will remain on edge. Caution continues,” he further added.

Akshay Chinchalkar, Head of Research, Axis Securities said, “Yesterday’s decline in the nifty ended a seven-day winning run for the benchmark. The market also finished below the previous day’s low, which means, 23869 is now an important swing high. The decline looks more like a retreat to the near-vertical advance we have seen recently, than the beginning of a larger downturn, for now. 23275–23402 offers support while resistance lies at 23640 followed by 23720. What’s notable is that small- and midcap benchmarks are not as strong as the nifty, which means sentiment is more guarded.”

ALSO READ: Share Market On March 26: Sensex Crashes Over 720 Points – What You Need To Know?