BSE Sensex Up 300 Points on Feb 23 as Global Sentiment Improves After US Tariff Developments

Indian equity markets began the week on a positive note, with the BSE Sensex opening higher amid improving global risk sentiment. 

Investor confidence strengthened following recent developments surrounding US tariff policies and supportive cues from international markets. 

Broad based buying across sectors helped extend early gains, although evolving geopolitical developments and trade policy uncertainty continue to remain key factors influencing near term market direction.

Sensex Opens Higher and Extends Gains

The BSE Sensex opened Monday’s session with modest gains, rising over 90 points at the start of trade. As the session progressed, buying activity strengthened across multiple sectors, allowing the index to extend its upward movement.

By late morning, the Sensex was trading at 83,108.39, up 293.68 points or 0.35%. During intraday trading, the benchmark index also recorded a sharper rally, climbing nearly 600 points at one stage as market participation broadened.

Global Developments Support Market Sentiment

Improved global cues played a significant role in supporting domestic equities. Investor sentiment received a boost after the US Supreme Court struck down earlier reciprocal tariffs introduced by US President Donald Trump.

Following the ruling, the US administration announced a revised tariff framework, introducing a temporary 15% global tariff applicable for a period of 150 days. The shift reduced some immediate uncertainty, contributing to a more constructive outlook across global markets.

Positive Cues from Asian and US Markets

Asian equity markets traded higher during the session, mirroring gains seen in US markets last week. Wall Street had advanced after clarity emerged around tariff legality, helping stabilise global risk appetite.

The improved international backdrop encouraged buying interest in Indian equities, particularly in sectors sensitive to global trade and economic growth expectations.

Geopolitical Factors Remain in Focus

Despite the positive start, investors remain cautious due to ongoing geopolitical developments. Market participants are closely monitoring nuclear negotiations between the United States and Iran, which may influence global commodity prices and risk sentiment.

Additionally, comments from the US administration regarding possible alternative legal mechanisms to pursue tariff measures continue to introduce an element of uncertainty, potentially contributing to market volatility.

Read More: Adani Ports and Special Economic Zone Share Price Gains After Iron Ore MoU with NMDC and Vale.

Conclusion

The upward movement in the BSE Sensex reflects improving global sentiment and supportive international market trends following recent tariff related developments. However, evolving geopolitical risks and policy uncertainty suggest that markets may continue to react to external cues in the near term. Investors are therefore likely to remain attentive to global developments alongside domestic market fundamentals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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