Gift Nifty Slips 10 pts On Sept 26: How Is the Indian Stock Market Likely to Open Today?

Indian equity markets are likely to witness a negative start on Friday, September 26, 2025 as hinted by Gift Nifty. US President Donald Trump announced steep tariffs on multiple imports, including pharmaceutical products, heavy trucks, and kitchen cabinets. 

The fresh trade restrictions have rattled global sentiment, putting pressure on Asian equities and raising concerns for Indian exporters.

Trump’s Tariffs Rattle Global Markets

Investor mood soured after President Trump unveiled a 100% tariff on all branded or patented pharmaceutical products entering the US from October 1, 2025. Additionally, he imposed a 25% duty on heavy trucks and a 50% levy on kitchen cabinets and associated goods. The measures have sparked fears of a renewed global trade war, dampening investor risk appetite.

Asian Markets Open Lower

Asian markets slipped into the red on Friday as investors digested Trump’s tariff announcement:

• South Korea’s Kospi fell 1.9%
• Japan’s Nikkei 225 declined 0.3%
• Australia’s ASX 200 slipped 0.3%

Wall Street Recap: September 25

US equities ended lower for the third straight session on Thursday as macroeconomic signals complicated the outlook for rate cuts. A sharp upward revision in GDP growth alongside an unexpected dip in jobless claims heightened uncertainty around the Federal Reserve’s policy stance:

• Nasdaq Composite fell 0.50%
• S&P 500 slipped 0.50%
• Dow Jones declined 0.38%

Indian Market Recap: September 25

On Thursday, domestic benchmarks extended losses amid global weakness and sustained FII selling:

• BSE Sensex: 81,159.68, down 555.95 points (-0.68%)
• Nifty 50: 24,890.85, down 166.05 points (-0.66%)

Read More: Matrix Geo Solutions IPO Allotment Status.

Conclusion

With Gift Nifty signalling a subdued start, Indian markets are likely to remain under pressure on September 26. While festive demand provides a medium-term tailwind, near-term sentiment is clouded by Trump’s tariff shock, global trade tensions, and persistent FII outflows.

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/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.