Wed Apr 09 09:40:00 UTC 2025: ## Indian Markets Poised for Dip as Global Trade Tensions Rise

**MUMBAI, INDIA** – Indian benchmark indices, the Nifty 50 and Sensex, are expected to open lower on Wednesday, mirroring a global equity downturn fueled by escalating US-China trade tensions. The Gift Nifty, an indicator of the Nifty’s performance, is down significantly, foreshadowing a weak opening for Indian markets. Asian markets have already experienced substantial drops, with the MSCI Asia ex-Japan down 1% and Japan’s Nikkei 225 falling 2.7%, largely attributed to the impending implementation of a 104% US tariff on Chinese imports.

Wall Street’s plunge following the tariff announcement further fueled concerns about stagflation, impacting global sentiment. Despite a partial recovery from Monday’s lows, the Nifty 50 remains in negative territory for the week. The upcoming Reserve Bank of India (RBI) policy decision, expected to announce a 25 basis point interest rate cut, and the looming tariff deadline are adding to the uncertainty.

Adding to the volatility, Wednesday also marks the preponed weekly expiry for Nifty futures, and a trading holiday is scheduled for Thursday. Analysts suggest that a closing price above 22,800 could signal a reversal, while support is currently anticipated around yesterday’s low. Bank Nifty, however, has shown resilience, defying the broader market trend.

Analyst Sagar Doshi of Nuvama has recommended three stocks for purchase: Adani Wilmar Ltd, Chambal Fertilisers & Chemicals Ltd, and CreditAccess Grameen Ltd., citing their relative strength amidst the market downturn. The analyst notes that Adani Wilmar is showing particular strength.

Despite the bearish outlook, some analysts remain optimistic, suggesting that dips present buying opportunities. However, investors are advised to exercise caution and consult with financial advisors before making investment decisions.

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