Wed Apr 16 05:06:22 UTC 2025: ## Indian Stock Market Flat Amidst US-China Trade Tensions
**Mumbai, April 16, 2025** – India’s equity benchmark indices opened flat on Wednesday, mirroring sluggish global market trends fueled by escalating US-China trade tensions. Following a two-day rally, the Sensex fell 165.3 points to 76,569.59, while the Nifty dipped 51.55 points to 23,277. Maruti, Sun Pharma, NTPC, Tata Steel, Reliance, and Infosys were among the biggest losers, while IndusInd Bank, Axis Bank, SBI, and Kotak Mahindra Bank saw gains. Asian markets also traded lower, echoing Tuesday’s negative close in US markets.
Despite the Nifty recovering losses from April 2nd tariffs, V.K. Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, cautioned against assuming market stability. He warned that further volatility is likely due to China’s recent actions, including halting rare earth exports and Boeing orders, escalating the trade war.
Foreign Institutional Investors (FIIs) injected ₹6,065.78 crore into the market on Tuesday, a reversal from previous selling trends. Brent crude oil edged down 0.23% to $64.52 a barrel. Tuesday saw significant gains, with the Sensex jumping 1,577.63 points (2.10%) and the Nifty surging 500 points (2.19%).
First Piper 